| description |
|---|
Definition of terms |
| The target token to trade. For example, in the LRC-ETH trading pair, LRC is referred to as the base token. | |
| Decentralized Exchange - An exchange that uses self-custodial wallets ensuring each person retains their assets at all times. | |
| The signing algorithm is used by Loopring to sign off-chain requests. EdDSA is more circuit friendly compared to Ethereum's ECDSA algorithm. | |
| A hash of NFT parameters: minter address, NFT type, NFT ID, token address, and more. | |
| User requests are sent to the Loopring Exchange using Loopring's API. | |
| User requests are sent to the Loopring Exchange through Ethereum transactions. | |
| The token to quote price. For example, in the LRC-ETH trading pair, ETH is referred to as the quote token. | |
| Loopring Exchange's backend system that handles order matching and settlement, deposits, withdrawals, Zero-Knowledge Proof generation, etc. | |
| The quantity of the base token in an order or a fill. | |
| The quantity of the quote token in an order or a fill | |
| A method by which one party (the prover) can prove to another party (the verifier) that they know a value x, without conveying any information apart from the fact that they know the value x. | |