Loopring’s New Smart Wallet Can Help Recover Stolen or Lost Crypto

Loopring’s New Smart Wallet Can Help Recover Stolen or Lost Crypto

Loopring Wallet is a first-ever Ethereum smart contract wallet with zkRollup-based transfers. Gas-free, secure, and simple. It allows you to avoid gas fees and network congestion.┬áIt integrates Loopring’s zkRollup, a layer-2 scaling protocol to increase speeds and lower fees by 1000x relative to Ethereum mainnet. Completely self-custodial; only you control your assets. Say goodbye to seed phrases and paper backups, say hello to social recovery. Choose a combination of friends, your other wallets (hardware or software), or institutions as guardians of your wallet. If you ever lose access to your mobile, they help you recover your assets. As long as more than half of your guardians are trustworthy, your assets are secure.

Check It Out: Loopring’s New Smart Wallet Can Help Recover Stolen or Lost Crypto

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