Arbitrum

Arbitrum

Offchain Labs
1.0 out of 5 stars
Loopring

Loopring

3.0 out of 5 stars
Arbitrum Loopring

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Arbitrum:

About

Next generation layer 2 for Ethereum dApps. Use your favorite tools and scale your dApp at the lowest cost. An aggregator plays the same role that a node plays in Ethereum. Client software can do remote procedure calls (RPCs) to an aggregator, using the standard API, to interact with an Arbitrum chain. The aggregator will then make calls to the EthBridge and produce transaction results to the client, just as an Ethereum node would. Most clients will use an aggregator to submit their transactions to an Arbitrum chain, although this is not required. There is no limit on how many aggregators can exist, nor on who can be an aggregator. To improve efficiency, aggregators will usually package together multiple client transactions into a single message to be submitted to the Arbitrum chain. Arbitrum also supports a privileged Sequencer that can order transactions and give low latency transaction receipts.
Loopring:

About

Loopring is an open protocol for building scalable non-custodial exchanges on Ethereum. Leveraging zero-knowledge proofs (zkRollup), it allows for high performance trading (high throughput, low settlement cost), without sacrificing Ethereum-level security guarantees. Users always maintain 100% control of their assets throughout the trade lifecycle. You can trade on Loopring to test it out. Loopring is an open-sourced, audited, and non-custodial exchange protocol, which means nobody in the Loopring ecosystem needs to trust others. Cryptoassets are always under users' own control, with 100% Ethereum-level security guarantees. Loopring powers highly scalable decentralized exchanges by batch-processing thousands of requests off-chain, with verifiably correct execution via ZKPs. The performance of underlying blockchains is no longer the bottleneck. Loopring performs most operations, including order-matching and trade settlement, off the Ethereum blockchain.
Arbitrum:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
Loopring:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Supported
Chromebook Not Supported
Arbitrum:

Audience

Blockchain and dApp developers
Loopring:

Audience

Anyone interested in a open protocol for highly scalable, non-custodial exchanges and payments on Ethereum using zkRollup
Arbitrum:

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Not Supported
Loopring:

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported
Arbitrum:

API

Offers API Not Supported
Loopring:

API

Offers API Not Supported
Arbitrum:

Screenshots and Videos

Loopring:

Screenshots and Videos

Arbitrum:

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported
Loopring:

Pricing

No information available.
Free Version Supported
Free Trial Not Supported
Arbitrum:

Reviews/Ratings

Overall 1.0 / 5
ease 1.0 / 5
features 1.0 / 5
design 1.0 / 5
support 1.0 / 5
Loopring:

Reviews/Ratings

Overall 3.0 / 5
ease 3.5 / 5
features 3.0 / 5
design 2.5 / 5
support 2.5 / 5
Arbitrum:

Pros & Cons from Real Users

Pros

  • Can't think of any sorry... errr they have a cool logo? And they generated lots of hype with their airdrop (but then I read news they stole the token without waiting for the DAO vote?)..

Cons

  • There bridge deliberately misleads you into bridging unsupported assets so they can lock up your tokens for 7 days for their benefit and get more transactions and gas fees on their blockchain. I checked their official bridge https://bridge.arbitrum.io/ and it clearly allowed me to bridge agEUR as the token appeared in their drop down list. However, after paying high gas fees, they sent me the WRONG token. I contacted their support initially on Discord who are SUPER RUDE, UNPROFESSIONAL and UNFRIENDLY and told me to raise a ticket on https://bridge.arbitrum.io/ I raised a ticket but again the support basically called me an idiot and were SUPER RUDE, UNPROFESSIONAL and UNFRIENDLY and would not help. They kept closing my ticket so I re-opened it as my issue was not resolved - their bridge which shows agEUR in their list of bridgeable tokens had sent me a worthless token on Arbitrum blockchain. They simply banned my account.
Loopring:

Pros & Cons from Real Users

Pros

  • I didn't really like anything. May be the fact that you changing tokens on l2 is gas free a plus
  • It was very easy to link my wallet with the MetaMask extension in Chrome. Then you can trade without paying the gas fees. It only cost $0.40 per trade which is considerably cheaper than gas fees right now.

Cons

  • It doesn't work with any WalletConnect compatible dapp except for their own website.
  • Nothing really. Interface is basic but this is a beta. The high cost for setting up their L2 wallet is off-putting but that is because of the current gas fee on L1 network.
Arbitrum:

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported
Loopring:

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported
Arbitrum:

Company Information

Offchain Labs
Founded: 2018
United States
arbitrum.io
Loopring:

Company Information

Loopring
Founded: 2017
China
loopring.org
Arbitrum:

Alternatives

Loopring:

Alternatives

ParaSwap

ParaSwap

5.0 out of 5 stars
Arbitrum:
Base

Base

Coinbase
Loopring:
Polygon

Polygon

Polygon Labs
Arbitrum:
Loopring:
Arbitrum:
Meter

Meter

Decentralized Finance Labs
5.0 out of 5 stars
Loopring:
Arbitrum:
Loopring:
Meter

Meter

Decentralized Finance Labs
5.0 out of 5 stars
Arbitrum:

Categories

Blockchain Supported
DApps Supported
DeFi Projects Supported
Layer 2 Protocols Supported
Smart Contract Supported
Loopring:

Categories

Arbitrum:

Integrations

Ethereum Supported
L2BEAT Supported
Orbiter Finance Supported
Aboard Exchange Supported
Bebop Supported
Beefy Finance Supported
Binance Not Supported
Chainfulness Supported
CoinLedger Not Supported
CoinTool Supported
Coinbase Not Supported
Genius Supported
Mesh Not Supported
Nansen Portfolio Supported
ReHold Supported
Rise Supported
SpeedyNodes Supported
Uniswap Not Supported
WOOFi Supported
XDEFI Wallet Supported
Loopring:

Integrations

Ethereum Supported
L2BEAT Supported
Orbiter Finance Supported
Aboard Exchange Not Supported
Bebop Not Supported
Beefy Finance Not Supported
Binance Supported
Chainfulness Not Supported
CoinLedger Supported
CoinTool Not Supported
Coinbase Supported
Genius Not Supported
Mesh Supported
Nansen Portfolio Not Supported
ReHold Not Supported
Rise Not Supported
SpeedyNodes Not Supported
Uniswap Supported
WOOFi Not Supported
XDEFI Wallet Not Supported
Arbitrum:
Claim Arbitrum and update features and information
Claim Arbitrum and update features and information
Loopring:
Claim Loopring and update features and information
Claim Loopring and update features and information