Since Loopring is pumping, the spam about it on this sub is ofcourse unavoidable since everyone here is always chasing the market.
For some reason, everyone is quoting Loopring having no gas fees as a super bullish case for them. However, I've been in this sub for 5 years and I've seen people bashing Nano, IOTA and other feeless coins exactly for that reason a thousand times.
If all three have no fee's, why is everyone here always doubting Nano and IOTA's security but Loopring seems to get the benefit of the doubt?
Only answers from people who understand how blockchains work, I am curious why a layer-2 solution on ETH is safe without fee's while IOTA's Tangle and Nano's DAG aren't