/biz/ - Business & Finance

Problem is. It doesn't have many coins and the man dex doesn't support the layer 2 yet

>>21348383
BUT AS A PROTOCOL IT WILL BE USED ON MULTIPLE EXCHANGES!!!!
WAKE UP!

>>21348383
JESUS FUCK OPEN YOUR EYES. literally a god rollup >PROTOCOL that will be used everywhere. vitalik vouches.

Agreed anon. But loopring isn't special, it's just the first to market zk-rollup. That doesn't really mean it would be adopted since well their are many rollups out their already.

The one that shows the most promise is optimistic roll up. They even have demo dapps for uni swap and snx running already. But the project is still in alpha state.

So what now? Is the bull market on a temporary hiatus or will big capital just continue pumping the price and poorfags priced out until layer 2 solutions and eth 2.0 come around?

>>21348493
timeeeee. look at the fucking time. nobody has time to wait for that shit.

>>21348579
Layer 2 is almost ready. Like almost and these gas fiasco is going to push layer 2 even faster to launch. So yes layer 2 are good buys and expect something ready by 2-3 months I think.

But don't just look at loopring. Many layer 2 solutions out their to buy!

>>21348698
yeah many non-specific general layer 2 solutions like matic omg ftm and who knows what fucking else shooting each other in the feet. DO YOU GET IT? loopring is the only rollup thats targeted for exchanges.

>>21348732
It's not the only mate. The only reason why loopring has some hype is because they have a working layer 2 user to user transfer on the mainnet . Not a working dex yet.

Optimistic roll up already has a working dex but not on the main net. Here 3 month old news.

https://blockonomi.com/synthetix-l2-ethereum-exchange/

>>21348822
so what? literally uniswap has their own optimistic rollup testnet exchange...

https://unipig.exchange/info

everyone and their mum is doing this.

loopring is accelerating @ full thrust rn

they'll likely be first to market.

>>21348889
Well who ever is first. Thank fuck for no more 30$ transactions.

>>21348383
Speak English Pajeet, I can't even understand your pathetic NGMI FUD.

LRC will be in the top 5, screen cap this post.

>>21348936
agreed sir, agreed indeed

>>21348822
Loopring build their own DEX, which has been functioning for months, purely in order to showcase their tech...

What are you on about lad?

>>21348698
>So yes layer 2 are good buys and expect something ready by 2-3 months I think

Well isn't that fucking dandy. Just have to wait 3 months to get my linkies out of aave and the gas prices will presumably just keep on getting bigger until then?

>>21348332
I have to pay $25 to be allowed to trade on their exchange
kys and sage

>>21348332
THE GAS INDUSTRY HATES LOOPRING BECAUSE IS ALMOST GASLESS

>>21348332
bump

>>21349607
true, loopring is truly gasless

>>21348332
registered just in case gas fees go absolutely insane

>>21349484
how much do you pay in gas fees?

>>21348332
Is their logo a rare abstract merchant?

>>21350444
you only pay gas fees to register, deposit, & withdraw. that's it. once your tokens are on their layer 2 network, you trade at lightning speed

can you guys explain what this is and how it technically fixes gets rid of prices? and how will things work with this instead of gas?

>>21350585
layer 2 zkrollups. basically fancy tech that packages thousands upon thousands of transactions in tiny packages in one normal eth transaction.

>>21348432
>imagine still riding viltaliks dick
>imagine thinking viltalitk is relevant
>imagine thinking viltalik endorsing or not endorsing anything is worth something

hows OMG working out for you? i hope you listened to viltalik when oracles were really cool tech worth $32MM