Loopring

Type

Chain-agnostic, L2 protcol based on zkRollups

Tx Cost

450 gas (~$0.0002 on Ethereum as of 2021/01/14)

Finality

Apparently immediate (off-chain), later verified on-chain

Consensus

zkRollup

$ Efficient

More capital efficient than main alternatives as long as off-chain cloud compute is cheaper than on-chain transactions (see table 1 here)

Max TPS

2,025 with OCDA; 16,400 without

Additional info

Protocol overview

Loopring 3 Design Doc

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