Loopring Wallet vs. Zengo
Compare key details of Loopring Wallet and Zengo 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 | Zengo | |
|---|---|---|
| Supported Assets | Ethereum, ERC-20, Layer 2 assets | BTC, ETH, ERC-20, Multiple Coins |
| Social Recovery Method | Guardians & Smart Contracts | Trusted Contacts (Keyless MPC-based) |
| Wallet Type | Smart Contract Wallet | MPC Wallet |
| Security Features | Guardians, Layer-2 Security, ZK-Rollups | MPC, Biometric Security, Social Recovery |
| Ease of Use | Moderate | Highly intuitive |
| Mobile/Web App | Mobile | Mobile |
| Recovery Mechanism Type | Guardian consensus + smart contract | MPC-based trusted contact recovery |
| Recovery Time | 24-72 hours | Immediate with contacts |
| Guardian Requirements | Minimum 1 guardian, recommended 3+ | 2-3 trusted contacts recommended |
| Notes / Highlights | Combines Layer 2 speed and efficiency with social recovery | Easy onboarding, biometric security combined with social backup |
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