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Loopring (LRC) versus Polygon (MATIC)?

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by COINS NEWS 207 Views

I'm curious as to your thoughts on which one will outperform. I don't have any LRC, yet MATIC makes up 30% of my portfolio. I'm considering moving half of my MATIC to LRC.

Polygon info:

Polygon (MATIC) is the native cryptocurrency that powers the Polygon Network, a layer 2 platform created in 2017. Originally called the Matic Network, the Polygon Network allows developers to create and deploy their own blockchains that are compatible with the Ethereum blockchain with a single click, as well as enables other Ethereum-based projects to transfer data and tokens between one another using the MATIC sidechain. Think of it as a smaller blockchain that runs in parallel with the Ethereum blockchain.

Loopring info:

Loopring is a software running on Ethereum that aims to incentivize a global network of users to operate a platform that enables the creation of new types of crypto asset exchanges. One of an emerging number of decentralized finance (DeFi) protocols, Loopring uses multiple cryptocurrencies, including its own LRC cryptocurrency, to together provide for this platform.

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