This article was first published on Loopring Protocol - Medium
Loopring Wallet — Ethereum Unleashed
We have released a beta version of Loopring Wallet, the first Ethereum smart wallet with zkRollup scaling baked in. Android users can download the wallet app right now from https://loopring.io.
We think this is the first step for Ethereum’s flourishing financial system to step right into the traditional world. It’s far from perfect on its first day, but the UX of a blazing fast, super cheap, powerful Ethereum gateway in your pocket makes us ecstatic, and we hope it does you too.
As many in our community know, we have been working on the Loopring Wallet (aka Hebao for our Chinese-speaking community) for nearly one year. It is a mobile Ethereum smart contract wallet, and it has Loopring protocol — our zkRollup layer-2 — baked in natively.
Smart contract wallets give users great security, flexibility, and user experience. [Visit Loopring.io to learn some of these features].
zkRollups gives users much of the same: complete Ethereum layer-1 security guarantees, plus a massive scalability boost: 1000x greater throughput, and 1000x lower fees.
What that means from a user’s POV is that it feels like they are on a traditional fintech app, except it is global, self-custodial, and presents Ethereum’s powerful opportunities. Freedom at your fingertips.
Today, the Android app is available to download via link (APK) on Loopring.io. [We’ll get the app in Google Play and other app stores ASAP].
We know our iOS users want to get aboard too, so we are working hard on that. We hope to have it released in early 2021.
The wallet allows users to trade on the same orderbooks that are present on Loopring Exchange. Trade at a click, no delays, no gas.
It also allows users to send transfers instantly and for free, using Loopring Pay....
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Loopring Protocol - Medium