Loopring

Loopring

3.0 out of 5 stars
Lightning Network Loopring

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Lightning Network:

About

Bitcoin Lightning Network. Instant Payments. Lightning-fast blockchain payments without worrying about block confirmation times. Security is enforced by blockchain smart-contracts without creating a on-blockchain transaction for individual payments. Payment speed measured in milliseconds to seconds. Scalability. Capable of millions to billions of transactions per second across the network. Capacity blows away legacy payment rails by many orders of magnitude. Attaching payment per action/click is now possible without custodians. Low Cost. By transacting and settling off-blockchain, the Lightning Network allows for exceptionally low fees, which allows for emerging use cases such as instant micropayments. Cross Blockchains. Cross-chain atomic swaps can occur off-chain instantly with heterogeneous blockchain consensus rules. So long as the chains can support the same cryptographic hash function, it is possible to make transactions across blockchains.
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.
Lightning Network:

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
Lightning Network:

Audience

Blockchain developers interested in a layer 2 solution for Bitcoin that enables faster payments, lower cost, and scalability
Loopring:

Audience

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

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
Lightning Network:

API

Offers API Not Supported
Loopring:

API

Offers API Not Supported
Lightning Network:

Screenshots and Videos

Loopring:

Screenshots and Videos

Lightning Network:

Pricing

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

Pricing

No information available.
Free Version Supported
Free Trial Not Supported
Lightning Network:

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software
Loopring:

Reviews/Ratings

Overall 3.0 / 5
ease 3.5 / 5
features 3.0 / 5
design 2.5 / 5
support 2.5 / 5
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.
Lightning Network:

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
Lightning Network:

Company Information

Lightning Network
Founded: 2015
lightning.network/
Loopring:

Company Information

Loopring
Founded: 2017
China
loopring.org
Lightning Network:

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Loopring:

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Loopring:
Lightning Network:
Loopring:
Lightning Network:
Meter

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Loopring:
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Lightning Network:

Categories

Blockchain Supported
Layer 2 Protocols Supported
Smart Contract Supported
Loopring:

Categories

Lightning Network:

Integrations

Bitaroo Supported
Coinbase Not Supported
Electrum Supported
Ethereum Not Supported
Exodus Supported
Fountain Supported
Gate.io Not Supported
HitBTC Not Supported
Neutronpay Supported
NiceHash Supported
Phoenix Wallet Supported
PieDAO Not Supported
Simple Bitcoin Wallet (SBW) Supported
Sphinx Supported
Tippin Supported
Tradesilvania Not Supported
Uniswap Not Supported
ZapRead Supported
Zeus Supported
Loopring:

Integrations

Bitaroo Not Supported
Coinbase Supported
Electrum Not Supported
Ethereum Supported
Exodus Not Supported
Fountain Not Supported
Gate.io Supported
HitBTC Supported
Neutronpay Not Supported
NiceHash Not Supported
Phoenix Wallet Not Supported
PieDAO Supported
Simple Bitcoin Wallet (SBW) Not Supported
Sphinx Not Supported
Tippin Not Supported
Tradesilvania Supported
Uniswap Supported
ZapRead Not Supported
Zeus Not Supported
Lightning Network:
Claim Lightning Network and update features and information
Claim Lightning Network and update features and information
Loopring:
Claim Loopring and update features and information
Claim Loopring and update features and information