Hi Qairina. The old version isn’t supported anywhere anymore. The new version is now really the ‘only’ version. For example, large centralized exchanges such as Binance, Bittrex will only accept the new LRC. Info sites such as CMC and block explorers like etherscan show the new LRC. https://link.medium.com/oCRTOS9m1WPlease note, however, some wallet interfaces may still recognize the old LRC, but you can manually add the new LRC until they update to recognize it.
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Hi all, I'm doing some market research on DEXs, especially ones with off-chain orders (or other ways of solving throughput and speed). The obvious comparison to Loopring seems to be 0x, was wondering if you guys knew any other competitors/alternatives or maybe articles which do some comparable analysis
Hey Lucas. Others following this architecture (in broad terms) are Hydro and IDEX. However, as far as I know, they are not using SNARKs (or other ZKPs) to ‘solve’ scalability. That is really our 99% focus with v3. If you see the pinned post you can see the throughput gains we are achieving, and it’s only getting better :).
Hey Philip. I can help. What do you mean by active exactly? The old LRC contract will always be there, but it’s deprecated and the tokens won’t be accepted by exchanges, etc, and most importantly, won’t be usable in the Loopring network. Do you mean it’s active because some wallet interfaces are still pointing to it? If so, that’s just because they move slow. For example, our pull request has been accepted by MEW, etc, just not merged. All (or most) exchanges and info sites have pointed to the new contract.
Right. The intermediate state changes are not on-chain. The ‘operator’ must keep them elsewhere (off-chain) to allow anyone to be able to rebuild the Merkel tree at any point in time. (Or they just trust the operator). It’s non-custodial either way, and the exchange has a stake that can be slashed if they refuse providing this data in a timely manner :).
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Hey Ahmed. Yes, we look forward to seeing more of their stark solution. It’s good for the whole space. There are some notable differences between SNARKs and STARKs in terms of proving times, proof size, etc. For now, SNARKs remain the more tried and true solution, ready to use today. STARKs are more experimental, but I’m sure they are making great advances :).
Thanks Matt quite tricky for us investors to tell the differences. I’m glad we are using a more robust scalability solution however 0x seems to be always ahead with marketing whatever advancement they make at their end.