Long-term Promotional Loopring (LRC), our personal contribution and forecasts of 2018

What is loopring?

What is loopring?

Loofring is not only a protocol, but rather a decentralized automated executive system that trades in different crypto-exchange exchanges, protects users from risk and reduces trading costs.Loopring is an open source protocol, not a traditional centralized exchange. Therefore, anyone can use their functionality, the system does not require that users keep their tokens in the "captive" exchanges, coins are always in the locked-up addresses throughout life. Customers can manage transactions with tokens even after sending them -Looping simply reconsider and adjust the amount of trade at the initial price. In this way, platform participants turn off this threat from bankruptcy and stop the Exchange on Exchange or DDOS attack. The order is automatically executed, when the fund of the trader is under his control - not on any third party organization, but in the decentralized smart agreement of Blockchain.Loopring process allows you to break the order in small pieces, and then determine the time of best exchange rates and for each part of the trading (sale / purchase). Also, protocols use a model of games and theoretical reasoning to optimize the results of trading. The system lets the trader achieve greater liquidity than traditional conventional exchanges, both on the platform creates liquidity and place orders in all markets simultaneously. Thus, platform traders can save the costs of exchange operations, providing system users with the most profitable courses.Token LRC, as is already the case, is used for calculating platform. There are two types of commissions on users' platform:

• Commission for transaction;
• Commission to save costs for warranties run.

Roadmap

On December 31, 2017, on the eve of the New Year, the project's developers have shared their plans for the development of the project for 2018 years. The roadmap is described in detail in detail and a plan for the development of this project has been included:Roadmap Lopping

Improvements in the Network Ethereum

1. ERC223 support and hybrid tradingLoopring Protocol v1.0 supports ERC20 token trading, V2.0's ERC223 supports trading of assets; And finally, v3.0 will support a hybrid cross-trade T-Token ERC20 and ERC223 (a timetable for implementation and version 2.0 v3.0 will depend on the development and standard ERC223 adoption).2. Development of common trading experienceSeveral versions of Lupper Pars are released. Also, developers are considering the possibility of creating a mobile application for purse looping, its development has been planned for the end of 2018 year.3. Support for ecosystem partnersIn order to create a better platform, the goal is not to set the goal of losing the competition. Instead, the main goal of the project is to develop the entire industry, motivation partners to create as much wallets as many applications and loopring platforms.

WHEN A LARGE NUMBER OF OUR PARTNERS GET COMPETITIVE ADVANTAGES AND BECOME PROFITABLE, THE LOOPING ECOSYSTEM WILL INCREASE AND STRENGTHEN ITSELF. THE MAIN WORK OF LOOPRING IS TO ESTABLISH COMMUNICATION AND SUPPORT AS MANY PARTNERS AS POSSIBLE DURING THE YEAR 2018 YEAR.
WE WILL FOCUS ON THE FOLLOWING CLASS PROJECTS:Wallets mobile app for ios / android
Link to Loopring Mini Program WeChat
Optional development of automatic control system forETHEREUM

• For an automatic control and development of the trade systemNEO ANDQTUM

4. Role of decentralized managementThe decentralized management will be managed in two stages.

• The first step is to add multiple signature functionality to the TokenReg and TokenTransferDetate Smart Agreement;
• The second step will be to introduce decent decentralized management - LRC owners will be able to vote on behalf of proposed changes or votes in smart contracts. Tokenregristi and TokentranceFreddylett.

Other blockchain studies and development

1. Implementation of Looping Protocol for NEO and Qtum

WE SEE SUCH GREAT POSSIBILITIES AS WELLNO, ANDQTUM NEO NEP-5 AND QTUM QRC-20 TOKEN STANDARD ETHEROOM CORRESPOND TO THE QUALITY OF ERC20.
LOOPRING PROJECT, HOPING TO FOCUS ON PROTOCOL (I.E. SMART AGREEMENT) THAT KRIPTOVALYUTNOGO COMMUNITY AND OTHER START-UP DEVELOPERS WILL BE ABLE TO EXPLORE OUR PROTOCOL AND USE LOOPR PURSE AS AN EXAMPLE, CREATE THEIR OWN WALLET NEO / QTUMDevelopers do not stop at the etherium only2. Emission and delivery of LRX tokens

OUR TOKENS CAN NOT BE USED IN ETHRAM NETWORK (LRC) WHEN APPLYING OTHER CIRCUIT PROTOCOLS. FOR THE PROPER FUNCTIONING OF OTHER PROTOCOLS, WE WANT TO RELEASE NEW TOKENS IN THE FORMAT: LRX FOR BLOCKKUN X (FOR EXAMPLE, LRN FOR NEWER AND QTUM'S LRQ).

Research

1. Possible integration investigation of "evidence with zero disclosure"2. Improved automatic control and business system infrastructure

WE WANT TO WORK WITH RESEARCHERS IN OUR POSSIBLE OPTIONS TO EXPAND AND IMPROVE RELAY INFRASTRUCTURE. AT THE MOMENT WE ARE USING IPFS AS AN INFORMATION LAYER. WE WANT TO EVALUATE ALL POSSIBLE ALTERNATIVES TO DETERMINE THE BEST OPTIONS FOR OUR INFRASTRUCTURE.

3. Improvements in spraying and ring algorithms

WE WILL CONFIGURE THE RING ALGORITHM FOR THE FUNCTIONING OF THREE OR MORE COMMANDS (RINGS). OPTIMIZED ALGORITHMS WILL HELP TO INCREASE LIQUIDITY AND REDUCE DEVIATION.

Community

1. Support for ICO projects and support for delivering tokens

WE UNDERSTAND HOW DIFFICULT IT IS FOR NEW PROJECTS TO ADD THEIR TOKENS TO THE FORWARD EXCHANGE. WE WANT TO HELP THEM BY SIMPLIFYING THE ERC20 TOKEN REGISTRATION PROCESS IN OUR SMART AGREEMENT.

2. Tools for integration with loopringThis loopring.js is a worried issue to add support for loopring protocols as the primary tool for wallets and exchanges.3. LEAF's foundationTo support the development of an ecosystem Loopring, the Loopring Foundation decided to create a fund to improve the Loopring Ecosystem (Leaf), which will be sending 4% of the Token LRC every year for 4 years. LEAF will sponsor the development of the product, technical and marketing research looping ecosystem. The LRC / Eth / BTC tokens from the fund will be distributed mainly to the development team and individuals who will value the Loopring ecosystem and build it, as well as the LRC token itself. LEAF tokens that are currently under the control of the Unlock and Loopring Foundation.

The team

The team is expert with JD.com, Google, PayPal and 3NOD experience.Among the partners and consultants include the founding founder of Technical Director Zhongan Tech-Lee Hufeng (Xuefeng Li), Neo Yes Honfeya (The Hongfei) and Network Blockchain Nebula Hittersa Hu (hitters joo):Loopring Promise (LRC) and 2018 year forecast?

Token at the momentThe value of Loopring (LRC) is approximately $ 0.94, the market capitalization is more than just a few million dollars.Like all altcoins, a bit price slipped after the new year's loopring token. Historically the price has reached token of $ 2,5, we can now say a good opportunity to enter the market:Where to buy and looping store (LRC)

Buy LRC may be for the top business exchangeBitcoin orEthereumA brief instruction for buying tokens on this exchange is given in the article:

POTENTIAL CRYPTO CURRENCY ICONS (ICX), WE WENT LONG, 30 TIMES INCREASE FORECAST

The output of the token is in MyAtherWallet Wallet, it is Etherium's ERC20 Token.

HOW TO ADD A TOKEN TO MYETHERWALLET WALLET?

REMEMBER! DO NOT CONSIDER THIS TEXT AS A FINANCIAL ADVICE. OUR TEAM IS NOT AN INVESTMENT ADVISER, WE ONLY SHARE OUR PERSONAL OPINION. BEFORE INVESTING, MANAGE YOUR OWN TECHNICAL AND MARKET ANALYSIS.