Loom Network

Loom Network

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Loom Network: Loom Network is a blockchain optimized specifically for high performance dapps. Loom dapps are able to offer a UX comparable to traditional games and web applications, and onboard new users without the friction of needing to download crypto wallet software. Loom also has integrations to Ethereum and Tron (with EOS and Cosmos coming soon). This allows developers to integrate assets from all major chains, as well as build a dapp only once and offer it to users on all platforms simultaneously..The LOOM token is proof-of-stake token that is also used by developers to pay for dapp hosting on Loom Network. This is similar to how ETH is used on Ethereum, except that on Loom, developers pay a flat monthly fee based on volume, and users don’t have to pay transaction costs. LOOM holders can stake their tokens to help secure Loom’s Mainnet, PlasmaChain, and earn rewards in the process..Dozens of developers are already building on Loom. Here are some of the more notable projects:.No need to wait for some distant scaling solution. Loom is live in production — so you can launch your dapp now and start on-boarding thousands of users immediately..Loom runs on Delegated Proof of Stake (DPoS), and i...

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