Cryptocurrency Q&A
What does Loom Network do?
What does Loom Network do?
BlockchainVisionary
Sat Oct 26 2024
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7 answers
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Loom Network is a platform that provides scalable blockchain solutions for developers. It aims to solve the scalability issues of existing blockchain networks by offering a Layer 2 solution that enables high-performance decentralized applications.
7 answers
BlockchainBaroness
Mon Oct 28 2024
Loom Network (LOOM) serves as an Ethereum token that fuels a unique network.
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SakuraBloom
Sun Oct 27 2024
These games benefit from the robust security provided by Ethereum.
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BusanBeautyBloomingStarShine
Sun Oct 27 2024
Additionally, user-facing dApps can also leverage this network.
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Riccardo
Sun Oct 27 2024
This network comprises delegated proof of stake sidechains.
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Andrea
Sun Oct 27 2024
Loom dubs this system as “EOS on Ethereum,” combining two powerful technologies.
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