1.Introduction
Loom Network is an infrastructure platform dedicated to building Ethereum expansion. As a set of officially launched Ethereum second-layer expansion solutions, it is a DPOS The sidechain network, dubbed "EOS on Ethereum" allows highly scalable games and user-facing Dapps to run on it, offering the same high scalability and throughput promised by alternative platforms like EOS, while at the same time Still fully compatible with Ethereum and its security. Its core product is the software development kit tool Loom SDK, which allows developers to focus on writing application logic, and the SDK handles blockchain logic.
2. Project introduction
Loom Network is an Ethereum-based platform as a service that allows developers to run large-scale decentralized applications. This allows developers to build DApps using the trust and security of the world's most secure public blockchain, as well as the computing resources needed to run commercial-scale services. Just like Filecoin tokenized disk space, Loom aims to be a tokenized application protocol for the new decentralized web.
The DAppChains developed by the Loom team are based on Ethereum application-specific sidechain networks where developers can run decentralized applications at scale and communities can run software on sidechains. Each DApp runs on its own blockchain, and its data is public and forkable. Loom Network focuses on the "game" and "social" platform on the Ethereum network, which is equivalent to separating the "game" and "social" functions from the congested Ethereum network.
Solve the problems of Ethereum network congestion and low performance:
Loom Network solves the shortcomings of the Ethereum network through the side chain protocol, and this solution is compatible with other expansion solutions of Ethereum Such as Raiden, Plasma, etc. can basically coexist.
Solve the problem of non-isolation of resources:
The entire DApp running on Loom's DApp chain will run on a decentralized blockchain, satisfying the reality of decentralization The needs of the application will not be crowded out of the Ethereum network, and the catastrophe event will not occur again.
Solve the problems of virtual asset depreciation, fairness, lack of reputation and trust in traditional games:
Blockchain technology enables random number generation programs through distributed accounting and smart contract technology And the automatic reporting system will no longer be managed by humans, but managed by encrypted verifiable codes, which will greatly improve the level of trust, thereby adding value to the online interactive game industry and improving the original ecosystem.
Loom Network is currently focused on gaming and social applications:
Games - building games that only blockchain can do: Authenticated Scarce Items, Tradeable Tokens, Eternity The world, multi-games spanning the universe
Social - to get rid of the shackles of advertising-driven social applications, it can be monetized through Karma tokens, and it can be expanded through multiple clients, reducing the cumbersome authentication process.
Internal project
DelegateCall:
DelegateCall is a question and answer system based on blockchain, each user can ask or answer other people's questions in this system. Questions get corresponding points, and these points can be exchanged for DelegateCall Token (Ethereum-based Token), which is the first project of Loom Network to be launched on the public chain.
CryptoZombies:
CryptoZombies is an online interactive programming tutorial that learns to write smart contracts in Solidity by teaching you to write your own game of crypto collectibles. CryptoZombies is currently one of the most popular introductory blockchain programming tutorials with over 130,000 students.
EthFiddle:
EthFiddle has more than 10,000 users and is currently the most popular Solidity code sharing site. You can compile, run, and test any Solidity code snippet on the entire network. The friendly interface allows any developer to get started quickly.
SolidityX:
A practical language for writing scalable, high-security applications, SolidityX is the default security superset of Solidity. Will compile to secure Solidity at release time, avoid known pitfalls, and spend time fixing bugs instead of bug hunting.
