2/4
I am also looking into the two projects right now in which I might be investing 4-7% of the portfolio. Those two projects are $LRC (Loopring) and $RUNE (Thorchain)
Loopring because they have officially partnered with GameStop and launched the NFT marketplace with Loopring integration (huge long-term potential)
Thorchain because it has a connection to
But they’re each solving a different problem, and together they make each other stronger.
$LUNA solves one of crypto’s urgent problems: we need decentralized stablecoins.
$RUNE solves another of crypto’s urgent problems: we need decentralized trading between different blockchains.
Patiently waiting for some pullback
"Loopring (LRC), a Decentralized Exchange (DEX) that utilizes zkRollups, just took a significant step toward mass accessibility, thereby paving the way for a potential partnership with GameStop.
As a refresher, Rollups are a Layer 2 (L2) solution that aggregates and processes transactions outside of Ethereum’s main blockchain. These processed transactions are then bundled and posted on the main chain, thereby increasing Ethereum’s transaction processing power or scalability by orders of magnitude and bypassing its prohibitive transaction processing fees (also known as gas fees). Loopring uses a new type of Rollup, dubbed the zkRollup (zero-knowledge Rollups). A zero-knowledge proof makes a claim regarding the accuracy of a particular data set without actually sharing that data. This is done by generating proofs based on cryptographic computations for each batch of transactions. Since zkRollups do not require a challenge period, as the validity proofs have already verified the legitimacy of the underlying transaction data, transactions can be processed very quickly. In fact, Loopring claims that it can process over 2,000 trades per second."