Gnosis Safe vs. Loopring Wallet
Compare key details of Gnosis Safe and Loopring Wallet side by side in a structured table format. This overview highlights core features, differences, and relevant information for each option. Use it to review how various choices stack up across the category.
| Gnosis Safe | Loopring Wallet | |
|---|---|---|
| Supported Assets | Ethereum, ERC-20, NFTs, Multi-chain | Ethereum, ERC-20, Layer 2 assets |
| Social Recovery Method | Multi-signature Social Recovery | Guardians & Smart Contracts |
| Wallet Type | Smart Contract Wallet | Smart Contract Wallet |
| Security Features | Multisig, Social Recovery, Custom Rules | Guardians, Layer-2 Security, ZK-Rollups |
| Ease of Use | Moderate to Advanced | Moderate |
| Mobile/Web App | Web & Mobile | Mobile |
| Recovery Mechanism Type | Flexible m-of-n multisig | Guardian consensus + smart contract |
| Recovery Time | Immediate with threshold met | 24-72 hours |
| Guardian Requirements | Flexible (m-of-n), typically 2-of-3 or 3-of-5 | Minimum 1 guardian, recommended 3+ |
| Notes / Highlights | Customizable policies for groups and DAOs | Combines Layer 2 speed and efficiency with social recovery |
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