Loom Network（LOOM）

1. Introduction

LoomNetwork is a platform-as-a-service based on Ethereum that allows developers to run large-scale, decentralized applications. This allows developers to leverage the trust and security of the world's safest public blockchain and the computing resources needed to run commercial-scale services to build DApps. Like Filecoin tokenizing disk space, Loom is designed to be the token-based application protocol for new decentralized networks. LOOM tokens are used for all products and services offered by LoomNetwork.

2. Basic Information

1. Name: Loom Network
2. Abbreviation: LOOM
3. Founder: Matthew Campbell
4. Core Algorithm: Ethash
5. Issue Date: 2018-03-15
6. Total Supply: 1,000,000,000
7. Consensus Mechanism: DPoS
8. Currency Unit: LOOM

3. Related Links

Official website: https://loomx.io

White paper: https://github.com/loomnetwork/plasma-paper/blob/master/plasma_cash.pdf

Block explorer: https://etherscan.io/token/0xa4e8c3ec456107ea67d3075bf9e3df3a75823db0