Ring Miners

« Back to Glossary Index

They are the network participants in the Loopring protocol who manage the order rings and also ensure trades are completed for all the parties involved in the transaction. Loopring is an Ethereum-based exchange as well as the payment protocol that implements a novel consensus mechanism. For avoiding the AMM mechanisms and the traditional order books that govern the liquidity pools, the Loopring employs the network participants known as the ring miners.

« Back to Glossary Index