Arbitrum

Arbitrum

Offchain Labs
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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.

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.

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

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

Audience

Blockchain and dApp developers

Audience

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

Support

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

Support

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

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

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

Pricing

No information available.
Free Version Supported
Free Trial Not Supported

Reviews/Ratings

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

Reviews/Ratings

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

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.

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.

Training

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

Training

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

Company Information

Offchain Labs
Founded: 2018
United States
arbitrum.io

Company Information

Loopring
Founded: 2017
China
loopring.org

Alternatives

Alternatives

Base

Base

Coinbase
Polygon

Polygon

Polygon Labs
Meter

Meter

Decentralized Finance Labs
Starknet

Starknet

StarkWare

Categories

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

Categories

Integrations

Ethereum Supported
L2BEAT Supported
Orbiter Finance Supported
BlockSpan Supported
Camelot DEX Supported
Chainfulness Supported
CipherBC Supported
CoinLedger Not Supported
DefiLlama Supported
Encrypted Ink Supported
Gate.io Not Supported
Genius Supported
Grindery Supported
Holograph Supported
Obvious Supported
OpenWorld Supported
Rise Supported
Vertex Protocol Supported
cBridge Supported
deBridge Supported

Integrations

Ethereum Supported
L2BEAT Supported
Orbiter Finance Supported
BlockSpan Not Supported
Camelot DEX Not Supported
Chainfulness Not Supported
CipherBC Not Supported
CoinLedger Supported
DefiLlama Not Supported
Encrypted Ink Not Supported
Gate.io Supported
Genius Not Supported
Grindery Not Supported
Holograph Not Supported
Obvious Not Supported
OpenWorld Not Supported
Rise Not Supported
Vertex Protocol Not Supported
cBridge Not Supported
deBridge Not Supported
Claim Arbitrum and update features and information
Claim Arbitrum and update features and information
Claim Loopring and update features and information
Claim Loopring and update features and information