Loom Network LOOM

Loom Network is a multichain interop platform that has been in production since early 2018. It is designed to scale high-performance decentralized applications (dapps) and provide a smooth user experience. Loom Network allows dapps to offer a user experience similar to traditional applications and onboard new users without the need to download crypto wallet software. It also has integrations with various blockchain networks such as Bitcoin, Ethereum, Binance Chain, and Tron, with plans to integrate with EOS and Cosmos in the future. Loom Network aims to disrupt the gaming industry and empower gamers by shifting power away from corporations.

Loom Network (OLD) is unique compared to other cryptocurrencies because it is a multichain interop platform that is optimized for scaling high-performance dapps. It allows dapps to offer a user experience comparable to traditional applications and onboard new users without the need to download crypto wallet software. Loom Network also has integrations with various popular blockchains such as Bitcoin, Ethereum, Binance Chain, and Tron, with more integrations planned for the future. Additionally, Loom Network has a strong focus on security, with a DPoS blockchain and external validators located globally. It has also been audited by Trail of Bits, a renowned information security company.