Loopring Wallet vs. Gnosis Safe
Compare key details of Loopring Wallet and Gnosis Safe 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.
| Loopring Wallet | Gnosis Safe | |
|---|---|---|
| Supported Assets | Ethereum, ERC-20, Layer 2 assets | Ethereum, ERC-20, NFTs, Multi-chain |
| Social Recovery Method | Guardians & Smart Contracts | Multi-signature Social Recovery |
| Wallet Type | Smart Contract Wallet | Smart Contract Wallet |
| Security Features | Guardians, Layer-2 Security, ZK-Rollups | Multisig, Social Recovery, Custom Rules |
| Ease of Use | Moderate | Moderate to Advanced |
| Mobile/Web App | Mobile | Web & Mobile |
| Recovery Mechanism Type | Guardian consensus + smart contract | Flexible m-of-n multisig |
| Recovery Time | 24-72 hours | Immediate with threshold met |
| Guardian Requirements | Minimum 1 guardian, recommended 3+ | Flexible (m-of-n), typically 2-of-3 or 3-of-5 |
| Notes / Highlights | Combines Layer 2 speed and efficiency with social recovery | Customizable policies for groups and DAOs |
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