Loopring lrc

Loopring price today is INR 14.37 and the trading volume in 24 hour is INR 8,879,551. Price change in the LRC price in the last 24 hour is 0.147 . It has a circulating supply of 1,245,991,468.942 coins and a total supply of 1,373,873,397.442. Total market cap of the LRC is INR 17,928,295,002.936 which has the movement of 1.15 in the last 24 hours

Loopring (LRC) is an open-sourced, non-custodial exchange-and-payment protocol on Ethereum. Loopring claims its platform will allow exchanges built on top of it to sidestep the slow speeds and high costs associated with decentralized exchanges on Ethereum through the use of a newer type of cryptography called zero-knowledge rollups, or zkRollups

The founder and current CEO of Loopring Foundation, which manages the development of Loopring protocol, is Daniel Wang, a software engineer and entrepreneur based in Shanghai, China. Wang has also co-founded several companies: Yunrang (Beijing) Information Technology Ltd. and the cryptocurrency services firm Coinport Technology Ltd

The main reasons to invest in Loopring include: - With zkRollups, Loopring asserts its exchanges can offer faster settlements for traders. - The main idea behind Loopring is to combine elements of centralized and decentralized cryptocurrency exchanges to create a protocol that will enjoy their unique advantages and eliminate inefficiencies