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The Loom Network is the most advanced blockchain platform for large-scale social applications and online games. The Loom Network has both ERC20 and NEP-5 based cryptocurrency to fuel its network. "Think World of Warcraft and Twitter on the blockchain. Built on Ethereum." The Loom Network is creating an outstanding infrastructure platform, which will help Ethereum scale. This is the first solution to make Ethereum scale to new heights. Just think of it as EOS on top of Ethereum.
The Loom Network’s primary product is the SDK, which lets developers and programmers create their blockchains quickly and without having to comprehend the blockchain infrastructure. In other words, this is the ‘create your own blockchain’ generator.
Each DApp is its sidechain. The Loom SDK causes a DAppChain, which is a two-layer blockchain. It uses Ethereum as its base. This has many advantages. Some of them are as follows: The DAppChains can use different consensus sets of rules (just like DPoS), which optimizes for high scalability. It uses Ethereum as the base-layer. Meaning, DAppChain-based assets (think ERC721 and ERC20 tokens) can have the securities of Ethereum. This is true when they are especially backed by Plasma.
Bitbns was founded in December 2017 and is based out of Bangalore, India. It is one of the most sought-after cryptocurrency exchanges. We offer our expertise in a hassle-free environment, where you can trade or invest in cryptocurrency. Buying and selling cryptocurrencies have never been so easy. You can also install our application on your phones. Just visit PlayStore or the App Store. It is streamlined to perfection. Whether you are an experienced trader or new to the world of cryptocurrency, Bitbns helps you immensely.