Loopring Upgrades Token Contract To Enable Burn Rates and Enhance Fee Model Flexibility

Leading exchanges and wallet providers such as Binance and Bittrex have confirmed support for upgrade   Shanghai, China — Loopring, the open-source protocol for building decentralized exchanges, has announced an upgrade to its LRC token smart contract that will introduce burn rates and further its goal of enabling fee payment in any ERC20 token. The upgrade, which is scheduled for 00:00 to 24:00 Beijing time on May 8th, will enable the LRC smart contract to reflect reduced LRC supply in real-time as LRC tokens are burned by Loopring’s fee model.…

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Loopring Releases Redesigned Protocol to Significantly Increase Throughput for Decentralized Exchanges Using Zero-Knowledge Proofs

Release of Loopring Protocol 3.0 Contributes to the Development of Truly Scalable DEXs   Shanghai, China — 11 April 2019 – Loopring, the open-source protocol for building decentralized exchanges, has announced the technical design of its protocol 3.0, following a period of comprehensive research and development. The release represents a significant milestone for the Loopring protocol, combining innovative blockchain technologies and zero-knowledge cryptography in order to dramatically increase throughput and bring fully-functional decentralized exchanges a step closer to competing with their centralized counterparts.   Open-source and blockchain-agnostic, Loopring facilitates the…

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