Fellow Coinstorers,
Coinstore will list LOOM(Loom Network) and open LOOM/USDT trading pair.
Details are as follows：
Total circulation supply: 1,219,425,698
Official Website: https://loomx.io/
Whitepaper: https://medium.com/loom-network/introducing-loom-network-scaling-ethereum-today-9ea26b5b57c
Block Explorer: https://etherscan.io/token/0x42476F744292107e34519F9c357927074Ea3F75D
Introduction:
Loom Network is a platform as a service that is built on top of Ethereum and allows developers to run large-scale decentralized applications. This platform was released on October 1st, 2017.
The goal of this is to allow application developers to have smart contracts that can access much more computing power when it is required, or maintain the same power at lower costs for tasks such as trials for onboarding new users or applications that simply do not need the full security of blockchain to begin with.
In this system you have the ability to interact with APIs developed by third parties which are not on chain. Loom attempts to be the ultimate platform that allows smart contract developers to create applications without the need to switch to another programming language.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Coinstore will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Coinstore Team
26 Sep, 2023
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