Loopring is making headway on crypto wallet UX without sacrificing security

A fan of crypto paper wallets since 2010, there?are?few software wallets I trust, even hardware wallets, though technically sound in theory,?are?often too vulnerable to hacks and tampering attacks outside the blockchain - that can drain your holdings - for comfort.?

The Loopring protocol?is one exception that is clever enough by half as a software solution,?and therefore highly convenient,?solution - that doesn't maintain its security by sacrificing UX to incomprehensible complexity, as many do.?

Loopring is a?zkRollup exchange & payment protocol?powering a mobile?L2 integrated Smart Wallet ?& a web?L2 DEX . The?Ethereum Layer-2 scaling protocol allows for high-throughput, low-cost, non-custodial AMMs, orderbook exchanges & payment apps on Ethereum by leveraging Zero-Knowledge Proofs.

It has been reliable since 2017 at least with its?2017?v1?social seed wallet, which rendered mnemonic methods to recall and access wallets less than necessary. The?2020?v2?just a couple of years later?solved for ETH w/ open layer 2 solidity compatibility.

Now, excitingly, a?2022?v3?is on the way which will introduce?exchange-agnostic compatibility - starting with wallet support for NFTs. Keep an eye out, things?are?developing quickly here.