Loopring

Loopring

3.0 out of 5 stars
Loopring Raiden Network

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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.
Raiden Network:

About

The Raiden Network is an off-chain scaling solution, enabling near-instant, low-fee and scalable payments. It’s complementary to the Ethereum blockchain and works with any ERC20 compatible token. The Raiden project is work in progress. Its goal is to research state channel technology, define protocols and develop reference implementations. The Raiden Network is an infrastructure layer on top of the Ethereum blockchain. While the basic idea is simple, the underlying protocol is quite complex and the implementation non-trivial. Nonetheless the technicalities can be abstracted away, such that developers can interface with a rather simple API to build scalable decentralized applications based on the Raiden Network. The basic idea of the Raiden Network is to avoid the blockchain consensus bottleneck. This is done by leveraging a network of payment channels which allow to securely transfer value off-chain, i.e without involving the blockchain for every transfer.
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
Raiden 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:

Audience

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

Audience

Traders, businesses and anyone seeking a blockchain solution to make, receive, and manage cryptocurrency payments
Loopring:

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported
Raiden Network:

Support

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

API

Offers API Not Supported
Raiden Network:

API

Offers API Supported
Loopring:

Screenshots and Videos

Raiden Network:

Screenshots and Videos

Loopring:

Pricing

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

Pricing

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

Reviews/Ratings

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

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.
Loopring:

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported
Raiden Network:

Training

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

Company Information

Loopring
Founded: 2017
China
loopring.org
Raiden Network:

Company Information

Raiden Network
Founded: 2017
raiden.network/
Loopring:

Alternatives

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Loopring:
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Raiden Network:
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3.0 out of 5 stars
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Raiden Network:
Loopring:
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Loopring:
Meter

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Raiden Network:
Loopring:

Categories

Raiden Network:

Categories

Blockchain Supported
Layer 2 Protocols Supported
Smart Contract Supported
Loopring:

Integrations

Ethereum Supported
Apex Crypto Supported
Binance Supported
Bitrue Supported
Coinbase Supported
Dolomite Supported
Fuse Supported
Gate.io Supported
GitHub Not Supported
Hummingbot Supported
L2BEAT Supported
MetaMask Supported
PieDAO Supported
Token Terminal Supported
Tradesilvania Supported
Uniswap Supported
WalletConnect Supported
pTokens Supported
Raiden Network:

Integrations

Ethereum Supported
Apex Crypto Not Supported
Binance Not Supported
Bitrue Not Supported
Coinbase Not Supported
Dolomite Not Supported
Fuse Not Supported
Gate.io Not Supported
GitHub Supported
Hummingbot Not Supported
L2BEAT Not Supported
MetaMask Not Supported
PieDAO Not Supported
Token Terminal Not Supported
Tradesilvania Not Supported
Uniswap Not Supported
WalletConnect Not Supported
pTokens Not Supported
Loopring:
Claim Loopring and update features and information
Claim Loopring and update features and information
Raiden Network:
Claim Raiden Network and update features and information
Claim Raiden Network and update features and information