Loom Network Description
Loom Network empowers developers with the scalability and user-friendliness necessary to create high-performance decentralized applications (DApps) that cater to users today. By offering seamless integrations with major blockchains like Bitcoin, Ethereum, and Binance Chain, deploying a DApp on Loom ensures it remains relevant and accessible to the widest audience possible. Since its launch in early 2018, Loom Network has served as a multichain interoperability platform that is fully operational. It is specifically designed to scale high-performance DApps, providing a user experience that rivals that of conventional applications, thereby making it easier to onboard new users without the complications of requiring them to install cryptocurrency wallet software. This capability allows developers to utilize assets from leading blockchains and create a DApp just once, making it available across all platforms simultaneously. Additionally, on Loom Network, developers can use the token to cover their DApp hosting costs, and unlike the model used by Ethereum, they pay a straightforward monthly fee for hosting their applications on Loom. This structure simplifies financial planning for developers looking to maintain their DApps efficiently.
Loom Network Alternatives
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Kasm Workspaces
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DAppChain
DAppChain serves as a sidechain initiative for TRON, aimed at enabling decentralized applications (DApps) to function with reduced energy usage, increased speed, and improved security, which in turn enhances the overall capacity of TRON's primary network. Utilizing the same Delegated Proof of Stake (DPoS) consensus mechanism as its mainchain, the sidechain facilitates smart contracts and encompasses nearly all functionalities found on the mainchain. TRON users can seamlessly transition to this sidechain, while developers are afforded the opportunity to swiftly migrate existing DApps or create new ones on the platform. DAppChain is dedicated to offering all participants within its ecosystem a highly adaptable, thoroughly configured, and extensively customizable network of various sidechains. This flexibility sets each sidechain apart from the main chain, allowing for significantly lower resource consumption. Notably, the resource costs associated with transactions on the sidechain are merely a small fraction of those incurred on the primary chain, making it a more economical option for users. Consequently, this innovative approach not only enhances efficiency but also encourages a broader adoption of DApps within the TRON ecosystem.
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Base
Base is a secure, cost-effective, and developer-friendly layer 2 solution for Ethereum, designed to usher in the next billion users to the web3 ecosystem. It offers the essential security and scalability required for your decentralized applications, utilizing Ethereum's foundational security while allowing smooth onboarding from Coinbase, Ethereum L1, and other compatible chains. Experience the Ethereum Virtual Machine (EVM) at a reduced cost, and gain early access to advanced Ethereum functionalities like Account Abstraction (ERC4337), alongside straightforward developer APIs for gasless transactions and smart contract wallets. Built on Optimism’s open-source OP Stack, Base provides an effortless way for decentralized applications to tap into the extensive range of products and distribution options from Coinbase. With seamless integrations, easy fiat onramps, and entry into the Coinbase ecosystem—home to 110 million verified users and $80 billion in assets—Base positions itself as a pivotal player in the web3 landscape. The combination of innovative features and robust support makes Base an attractive option for developers looking to create impactful decentralized applications.
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Integrations
Company Details
Company:
Loom
Year Founded:
2017
Headquarters:
Thailand
Website:
loomx.io
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Product Details
Platforms
Web-Based
iPhone App
iPad App
Android App
Types of Training
Training Docs
Customer Support
Online Support
Loom Network Features and Options
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