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Tehran
1 Level
430 Review
6 Karma

Review on Loopring by Mehdi hazni

Revainrating 4 out of 5

LOOPRING Project

LRC currency is actually used as a reward for a loopring project. This project is actually a great system for decentralized exchange. One thing that surprised me is that in this protocol it is possible to order (trade order) offline! This is a very good feature that is implemented in this service.
The LRC currency, as I said, is also paid as a reward because the exchange is decentralized and in fact the exchange is a blockchain network, so there is a need to execute orders that these rewards, like the miners reward in Bitcoin, to those who achieve Orders help, which is a very good way.

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Pros
  • Ability to order offline and then trade when we are online
  • Possibility of trading LRC currency in famous exchanges such as binance
  • Types of wallets to hold LRC currency
Cons
  • I do not have a negative opinion about this project

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