Loopring

Composability between Ethereum Layer 1 and 2

Onchain composability with layer 2 solutions poses some challenges. Doing things offchain is great for scalability, but how do you connect onchain interactions with offchain logic? We want our ZK Rollup exchanges to be part of the composable Ethereum ecosystem.

Loopring3.0

Loopring and Chainlink Fireside Chat

Last week, Loopring’s Chief Architect, Brecht Devos, sat down to chat with Chainlink’s Johann Eid and Rory Piant in a live video chat. They spoke about ZK Rollups, DEX scaling, and the use of Chainlink oracles to secure a component of LRC staking. The video can be found here.

Loopring

Loopring Testing Phase 1: Data Recap

On December 18, 2019, we started to work with WeDEX to test the integration of Loopring Protocol v3, the Lightcone relayer, and WeDEX’s front-end on Ethereum mainnet. This is the deep dive data and analysis.

Loopring3.0

Chainlink and Loopring Collaborate on Oracles for zkRollup DEX Protocol

Chainlink and Loopring are pleased to announce our collaboration across several oracle integrations in Loopring’s v3 zkRollup DEX protocol. The first of which is live on Ethereum mainnet: a faithful LRC/ETH price feed for DEX owners to anchor their LRC economic security staking.

Bi-Weekly

Loopring Bi-Weekly Update 12/22/2019

WeDEX, the first DEX built on top of Loopring 3.0, is now live on Ethereum mainnet. To our knowledge, this is the first working DEX on Ethereum mainnet scaled with zkRollup!

Loopring3.0

Loopring 2020 Development Roadmap

As each year draws to a close, Loopring releases the R&D roadmap for the coming year. This supports transparency and allows the community to obtain a greater understanding of the plan. Equally important, it forces us to think hard about the future and to reach consensus on the plan.

Loopring3.0

LRC Opens Golden Staking Window

Loopring Foundation is staking its own LRC. We’ve created a “golden staking window” which opens now and will close at the end of January of 2020. This window can be beneficial to LRC holders.

Loopring3.0

Loopring Deployed Protocol 3.0 on Ethereum

We are thrilled to announce the release of Loopring 3.0-beta4 and its deployment and configuration on Etheruem mainnet. Loopring 3.0-beta4 will be used in production to serve WeDEX.

Loopring

We Take 'The Ultimate Non-Custodial Test'

Our foremost duty is towards user sovereignty & security — ensuring that Loopring-based DEXes can never access user funds, nor prevent users from accessing their own funds. Even if Loopring (the team, the foundation, anything) shut down or became malicious, it would not matter.

Bi-Weekly

Loopring Bi-Weekly Update — 12/01/2019

The last two weeks have been super exciting for us: Loopring 3.0 beta4 will finally complete deployment early next week. Loopring will be Ethereum’s first zkRollup DEX protocol enforcing on-chain data availability. We are ready to roll!

Learning

DEXes Rising: Next Chapter, High Performance Orderbook Exchanges on Ethereum

DEXes on Ethereum have hit their stride. Recent growth has been concentrated in on-chain, curve/ reserve based DEX models. With advances in layer 2 such as zkRollup, the next cycle will see scalable & secure orderbook DEXes take root on Ethereum, allowing for true non-custodial trading, not swapping

Loopring

SECBIT Delivers a Security Audit Report for Loopring Protocol 3.0

After three months of code review and analysis, SECBIT Labs has just finished its Security Audit Report for Loopring Protocol 3.0 beta3. We cannot wait to share the report with our community and take the opportunity to comment on some of SECBIT’s findings and our follow-up actions.

Loopring

Loopring Bi-Weekly Update - 11/17/2019

We are getting close to deploying Loopring 3.0 on Ethereum mainnet. The Lightcone relayer is also making significant progress.

Loopring

Brecht Devos Becomes Loopring's Chief Architect

We are thrilled to announce that Brecht Devos is now Loopring’s Chief Architect.Going forward, Brecht will lead all efforts on the design of future Loopring protocol versions as well as the development of other smart contracts that will benefit Loopring’s product and ecosystem.

Loopring

Loopring Starts zkSNARK Trusted Setup Multi-Party Computation Ceremony

We will start the phase 2 ceremony on top of the 11th round of phase 1. We will do an additional phase 1 contribution with a random beacon using the Bitcoin block hash at block height 602168 as announced beforehand on Twitter. The resulting data will form the base for Loopring’s phase 2.

Loopring

Loopring Bi-Weekly Update - 11/03/2019

We have been preparing the multiparty computation ceremony required for Loopring 3.0’s trusted setup. We have completed and are testing the code for our ceremony (a.k.a., phase 2),

News

An Important Update on LRC's Long-Term Incentive Program

Loopring has transferred the ownership to the following self-destructed contract, effectively making it ownerless. Thus, from now on, and specifically after October 2020, the only risk factor for participants is gone.

Loopring3.0

Loopring Open Sources its zkSNARK Circuit Code

Loopring has just open-sourced the circuit repository for protocol 3.0: protocol3-circuits. The repository contains 6 circuits. We have set up a 500K LRC bounty program to reward those who identify bugs in our circuits.

Loopring

Loopring’s Founder Interview on China National TV Recap

China CCTV，the predominant state television broadcaster in Mainland China，conducted an interview with Loopring CEO in the early days. Daniel Wang shared his views on the concept and trends of the blockchain technology, and features and advantages of the Loopring Protocol and DEX in general.

Loopring

Loopring grants 10 Million LRC to WeDEX

Loopring decided to grant 10 million LRC from its Loopring Ecosystem Advancement Fund to WeDEX, a decentralized exchange founded by Loopring’s co-founder and former COO, Johnston Chen. WeDEX will build their product on top of Loopring 3.0, our latest trading protocol that scales with zkRollup.

Loopring

Loopring AMA Recap with Cryptoverse

This is a recap of an AMA we did with the Cryptoverse community, an India based group of crypto enthusiasts. The questions were posed by the Cryptoverse community, and answered by me (Matthew). Please excuse typos, as the AMA took place in their Telegram channel, and was originally recapped here.

Loopring

Loopring Bi-Weekly Update — 10/20/2019

We’ve been at Ethereum Devcon in Osaka, continued protocol and Lightcone development, as well as a slew of operations activities.

Loopring

Loopring Osaka DevCon 5 Recap

Loopring CTO Steve Guo and CMO Jay Zhou attended DevCon5 and other Osaka blockchain week events. Besides meeting and learning from the extraordinary Ethereum community, we also shared some DEX and zero-knowledge proofs (ZKPs) developments on our side.

Bi-Weekly

Loopring Bi-Weekly Update — 09/29/2019

We have been testing the Lightcone relayer cluster, and identifying and fixing bugs. Lightcone’s integration testing and stress testing will remain our top priority in the coming months.

Thoughts

A Detailed Look at How Dolomite Solves the DEX Onboarding Problem

This is a guest post from Corey Caplan, the founder and CEO of Dolomite Exchange. Dolomite is a DEX built on top of Loopring protocol 2.3.