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