Loopring is an open protocol for building decentralized exchanges initiated by Daniel Wang. The protocol is free, extensible, and serves as a standardized building block for decentralized applications (dApps) that incorporate exchange functionality. It is operable on Ethereum and Qtum while NEO is also under construction.
In his latest tweet, Buterin has forecasted the success for the Layer 2 scalability of the Ethereum platform adding that there’s still some refinement and deployment left. However, Ethereum 2.0 launch has been delayed further owing to code bug.
Security token platform Polymath has teamed up with Loopring to trial peer-to-peer trading of security tokens on a decentralized exchange.
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