Cryptocurrency recommend(1): Loopring(LRC)

in #cyptocurrency7 years ago

Summarized in the simplest sentence, the reason for recommending this cyptocurrency is that you can do risk hedging.
As we all know, when the exchanges around the world are hacked, almost all cyptocurrency prices will be affected. The LRC is an exception. The printed tokens sold in the road printing agreement order do not have to be recharged to the exchange for fund custody, and are kept in the address of the user's own block chain during placing order, matching and clearing process. The order does not lock the token on the user blockchain. After placing an order, the user can still use his own digital token arbitrarily. When the balance is insufficient, the LRC automatically adjusts the amount of the order and keeps the price constant.
In other words, when a hacker attack occurs and the price of a cyptocurrency plunges, the price of the LRC rises instead because of its security. As a result, it is fitting that LRC be the virtual currency hedged by exchange risks.