![]() For instance, for games it would be optimal to use Delegated Proof of Stake (which the Loom Network supports out of the box) because it has a very high speed and extremely low fees. Its rule set is customized based on the use-case, and its security is maintained by the mainchain’s consensus algorithm.ĭue to the fact that all transactions on a DAppChain are connected to its DApp, it is possible to run a consensus algorithm that is optimal for these transactions. Basically, a DAppChain is an Application Specific Sidechain, which runs parallel to a mainchain, Ethereum in this case. The Loom Network is addressing the scalability issue of the Ethereum blockchain by using DAppChains – DApps running as their own sidechains. Currently, the team is in the process of forking CryptoZombies to run as the second DAppChain on the Loom Network. In the process, CryptoZombies rose in popularity and became the world’s number one resource for learning Ethereum development. First to teach them how to write their first smart contracts on Ethereum, and later to teach them how to build their first Loom Network DAppChain. The team created CryptoZombies to train the next generation of Blockchain developers. It is a free code school with more than 175 thousands students, where developers can learn how to build games (and other DApps) on Ethereum. The company already had successful projects and the most notable was CryptoZombies. The Loom network was founded in 2017 and officially launched in March 2018 by James Duffy, Luke Zhang and Matthew Campbell. Like how Filecoin tokenized disk space, Loom aims to be the tokenized application protocol of the new decentralized web. This lets developers build DApps with the trust and security of the world’s most secure public blockchain, along with the computing resources necessary to run commercial-scale services. Loom Network was created as Platform as a Service built on top of Ethereum that allows developers to run large-scale decentralized applications. The aim of the Loom Network is to build a fundamental infrastructure platform that will help solve Ethereum scaling issue, and is the first Ethereum scaling solution to be live in production. ![]()
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