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What is ZKFair?

ZKFair distinguishes itself as a trailblazing community-focused ZK-L2 solution, leveraging the Polygon CDK and Celestia DA, with the added support of Lumoz, a provider specializing in ZK-RaaS. This cutting-edge platform utilizes USDC for transaction fees, ensuring complete EVM compatibility while offering exceptional performance, minimal costs, and robust security features. However, amidst the current Ethereum ZK-L2 ecosystem, a concerning pattern of inequality has emerged, where numerous ZK-Rollup projects profit from user-generated transaction fees without distributing any tokens in return. Users are actively participating by executing millions of transactions daily, resulting in hefty gas fees, yet they receive no incentives for their contributions. These centralized ZK-Rollups function like impenetrable strongholds, restricting community involvement in governance and decision-making. Rather, they cater primarily to the interests of investors, exchanges, and large institutions, leaving everyday users with meager rewards. This situation prompts critical discussions about the long-term viability and justice of these frameworks as they evolve in the future. Consequently, there is an urgent need for reform that prioritizes user engagement and equitable benefit distribution within the ZK-Rollup landscape.

What is Loopring?

Loopring is an open-source protocol that enables the development of scalable non-custodial exchanges within the Ethereum ecosystem. By leveraging zero-knowledge proofs (zkRollup), it allows for efficient trading that boasts high throughput and minimal settlement fees while maintaining the strong security features synonymous with Ethereum. Users enjoy complete control over their assets throughout the trading journey, enhancing their overall experience. Engaging with Loopring lets individuals witness its capabilities in action. As a fully audited and non-custodial protocol, it fosters trustless interactions among participants in the Loopring network. This ensures that users' crypto assets remain under their own control, safeguarded by security guarantees that align with Ethereum's standards. Loopring significantly boosts the performance of decentralized exchanges by handling thousands of requests off-chain, with verifiable execution assured through zero-knowledge proofs. This means that the performance limitations of the underlying blockchains no longer impede operations. Most functionalities, including order-matching and trade settlements, take place off the Ethereum blockchain, leading to greater operational efficiency. This groundbreaking methodology firmly establishes Loopring as a frontrunner in the decentralized finance sector, paving the way for future innovations in trading technology.

Media

Media

Integrations Supported

Gate.io
L2BEAT
Alchemy Pay
AscendEX
BitMart
Bitget Wallet
DEX Screener
KuCoin
MEXC
OKX Wallet
ONTO
TokenPocket
WOO X

Integrations Supported

Gate.io
L2BEAT
Dolomite
Ethereum
Fuse
HitBTC
Mesh
Token Terminal

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS
Android

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

ZKFair

Company Website

zkfair.io

Company Facts

Organization Name

Loopring

Date Founded

2017

Company Location

China

Company Website

loopring.org

Categories and Features

Blockchain

Not specified

Categories and Features

DApps

Not specified

DeFi Projects

Not specified

Layer 2 Protocols

Not specified

Smart Contract

Not specified

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