Loom Network (OLD) Logo

Loom Network (OLD) LOOMOLD

Loom Network (OLD) header image

1. Summary

Limited data

  • 100% of the Loom Network (OLD) code repositories are forked (originally copied) from another project.

Ranks

Liquidity
89
Developer
-
Social
85
Momentum (beta)
50
Stack Rankā„¢
-
Price
$0.06 -1.3%
Market Cap
$51.08M (#582)
Supply
833.91M / 1.00B
Price
52W High price $0.35
52W High date 16th Oct 2023 (9 months ago)
All Time High (ATH) Date 4th May 2018 (6 years ago)
ATH Price $0.77
% From ATH -89.31%
All Time Low (ATL) Date 13th Mar 2020 (4 years ago)
ATL Price $0.007863480000
% From ATL 950.59%
Supply & Trading Volume
Trading Volume (24h) $533,884.00
Total Supply 1.00B
Circulating Supply 833.91M
Description

What is Loom Network?

What is Loom Network?

Loom Network is a Layer 2 scaling solution for Ethereum that is live in production. It is a network of Delegated Proof of Stake (DPoS) sidechains, which allows for highly scalable games and user-facing DApps while still being backed by the security of Ethereum.

Features

  • Highly Scalable Sidechains: Loom's DPoS sidechains provide high scalability and throughput, similar to alternative platforms like EOS, while being fully Ethereum-compatible and secure.
  • Backed by Ethereum: Loom inherited the security of Ethereum mainnet through the use of Plasma Cash-based relays to transfer assets.

Goals

  • Scalability: Loom aims to allow app developers to access more computing power when necessary and reduce costs for tasks like onboarding new users.
  • Ease of Use: Loom's SDK supports developers in building their own blockchains without extensive knowledge of Ethereum.
  • Security: Plasma Cash implementation ensures the security of Ethereum mainnet on Loom's Layer-2 sidechains.

Delegated Proof of Stake (DPoS)

  • Reform to PoS: Loom's DPoS mechanism allows users to delegate their stake to chosen nodes, making consensus more efficient, transparent, and democratic.
  • Faster Transaction Finality: Loom's DPoS system achieves transaction finality faster than traditional PoS systems, enhancing network scalability.

Applications

  • Gaming: Supports development of highly-scalable online games.
  • Social Apps: Allows for creation of social applications with unique features like no advertising and monetized with karma tokens.
  • Enterprise Applications: Supports enterprise blockchain tools and development.
2. Price

LOOMOLD

2.1. Market Performance

How does Loom Network (OLD)'s (LOOMOLD) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

3.4%

LOOMOLD

54.5%

Similar Market Cap

60 Day Return

-31.3%

LOOMOLD

-14.8%

Similar Market Cap

1 Year Return

64.4%

LOOMOLD

43.9%

Similar Market Cap

3. Developer Activity

We're monitoring 109 Loom Network (OLD) GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Loom Network (OLD) Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 117

Most Active Repos

Past week 1
Past 12 weeks 4
Past year 57
Past week 0
Past 12 weeks 30
Past year 36
Past week 0
Past 12 weeks 4
Past year 19
Past week 0
Past 12 weeks 9
Past year 17
Past week 0
Past 12 weeks 1
Past year 6

Top Developers 2024

In total, 197 developers have contributed to Loom Network (OLD) over the past year. Who are the most active Loom Network (OLD) developers, by commits, over the past year?

Related Projects

Developers working on Loom Network (OLD) also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users 6,753
Twitter followers 43,953
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://loomx.io/
Explorer https://etherscan.io/token/0xa4e8c3ec456107ea67d30...
Twitter @loomnetwork

What is the correct contract address for Loom Network (OLD)?

Ethereum 0xa4e8c3ec456107ea67d3075bf9e3df3a75823db0

Has Loom Network (OLD) been audited for security?

No security audits found for this project.

Are you the owner of Loom Network (OLD)? Edit it here

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