Review on Loopring [NEO] by Douglas Cachazo
Loopring [NEO] LRN: Interesting research project on the Blockchain chain
Project that initially operated on the Ethereum blockchain with a view to extending to the rest of the chains aims to decentralize both the custody of crypto as well as transactions so that all operations are carried out automatically without human intervention, this would bring greater privacy, security since it will be absent from fraud or internal theft within companies, as well as giving a multiplier effect of liquidity, Decentralized non-custodial exchanges will provide us with scalable exchanges with a greater capacity to handle high volumes of transactions operated by robotics technologies.The development path has been successfully met with goals currently achieved, it operates with the already more advanced looprong 3.0 protocol whose virtue is to allow greater performance without neglecting the security that is paramount. Another feature is the use of smart contracts since cryptocurrencies must be deposited in smart contracts before they are available, all hand in hand with automation On its website, the project is technically described in simple summarized detail and also more detailed if you want to have more information. I do not think a beginner can understand but when the time comes he can Research projects like this must proliferate in all ecosystems with a view to seeking a universal ecosystem, something desired by all and that would checkmate traditional banking
Pros
- Good research project
- Efficient fulfillment of your work route
- Ambitious project that will bear fruit
Cons
- Nothing against
