The initial focus of this collaboration will involve researching and testing more robust Loopring relay infrastructures. The first step of this will include benchmarking the current IPFS based relay implementation used by Loopring. This will then be compared to other models including a single/centralized relay, and consortium-blockchain based relay networks powered by Hyperledger Fabric and/or Onchain’s DNA technologies. From this data, researchers at Berkeley will analyze the tradeoff between trust and efficiency and determine the best approach to be taken. There are several other factors that will be analyzed and two other projects are being defined for our team to complete.

Progress and findings from these initiatives will be covered in additional blog posts from B@B and Loopring Foundation.

“Loopring is building a powerful yet elegant value exchange protocol for blockchain-powered cyber-economy of the future, and we envisioned two to five years from now more token trading activities will happen in a decentralized and trustless fashion, using loopring or the like. The protocol’s relay infrastructure is crucially important for liquidity sharing and high speed of trading, … We believe the partnership will fuse Berkeley’s strength in research and our experience in engineering, and will greatly improve the Loopring Protocol’s potentials. “— Daniel Wang, Loopring Founder

About Blockchain at Berkeley

Blockchain at Berkeley is an organization on the UC Berkeley campus that specializes in educating the community, facilitating innovating projects and discussion, and helping companies benefit from blockchain technology by identifying use cases, building prototypes, and integrating solutions. The organization is comprised of a diverse group of students from a variety of academic disciplines who all share a passion for the development of blockchain technology. Visit us at blockchain.berkeley.edu.

About Loopring Foundation

Loopring is an open, blockchain agnostic protocol for decentralized token exchange. Loopring is intended to serve as a common building block with open standards, driving interoperability among decentralized applications (dApps) and wallets that incorporate exchange functionality. Trades are executed by a system of smart contracts that are publicly accessible, free to use, and that any dApp can hook into.