The Blockchain Research Program will likely be led by Professor Alessandro Chiesa, who’s a co-inventor of Zerocash and co-founder of Zcash
SAN FRANCISCO–(BUSINESS WIRE)–January 15, 2018–
Loopring, the blockchain protocol that can facilitate buying and selling between centralized and decentralized exchanges, introduced that UC Berkeley has agreed to launching a analysis program that can deal with cross-blockchain switch and buying and selling protocols. The blockchain analysis program will likely be led by Professor Alessandro Chiesa, who’s a co-inventor of Zerocash and co-founder of Zcash, in addition to one of many lead builders of the libsnark library.
“Cross-chain protocols with buying and selling automation don’t exist but, so we are tremendous enthusiastic about this course of analysis,” stated Daniel Wang, founding father of the Loopring Foundation. “We perceive it’s going to be an arduous problem and it could take years, however The Loopring Foundation is devoted to sponsoring and dealing with academia to push this ahead. Professor Chiesa is one of the best scientist who can lead this blockchain analysis program.”
Loopring Foundation and UC Berkeley may also discover the opportunity of making use of zero-knowledge proofs on high of the Loopring Protocol to present robust privateness ensures for token-to-token buying and selling actions.
“Cross-chain buying and selling protocols are basic to the interoperability of decentralized networks,” Daniel Wang added. “Tokens that may be acknowledged and purposeful throughout a number of blockchains may have the best utility going ahead and assist to bridge ecosystem fragmentation.”
Loopring (LRC) offers a decentralized, automated commerce execution system that intelligently implements trades internationally’s conventional and crypto exchanges, lowering threat and buying and selling prices (for ERC20 tokens initially). Orders are mechanically executed whereas commerce’s funds stay below their management in a decentralized good contract on the blockchain.
For extra up-to-date data, be a part of the Loopring Foundation on social media:
Rocket Chat: https://loopring.rocket.chat
Telegram: https://t.me/loopringfans &
This article sources data from VentureBeat