Ethereum’s high gas fees have created a financial barrier for common retail investors to interact with the network, even for the simplest of transactions. Loopring’s Layer-2 scaling solution aims to break down this barrier by performing cost-intensive computations off-chain through a unique peer-to-peer ring trade mechanism. Loopring strives to provide a standalone financial system through a zk-rollup, DEX and smart wallet that connects users in a fast, secure and cost-effective environment.
- Post author:admin
- Post published:May 4, 2022
- Post category:Ethereum News
Tags: Ethereum News