One of them is EthFiddle, which is a code sharing website for a solidity. We started by building some developer tools for the ethereum ecosystem. Then we started the project officially in October 2017. All three of us had been working with blockchain stuff as developers, and we were running into the same kind of issues, which validated the idea that there was a need for ethereum scaling. And our third co-founder, Matt, was another mutual friend of Luke's, and he had also been building apps on ethereum experimentally and running into the same issues. He was the one who conceived of the idea of Loom - that was Luke. They were building a credit protocol on the blockchain, and basically he was running into a lot of scaling issues with ethereum. Around last year, when the whole crypto market started to blow up again, it started getting a lot more of my interest.Īn old friend of mine, who is also a developer, was working at a blockchain startup, called Blockmason. I had been involved with bitcoin way back in 2013, and then had just forgotten about it for awhile. I started as a developer, and then moved into entrepreneurship where I learned the marketing side of things. What's your background? How did you get started in crypto and then to co-found Loom? This lets developers build DApps with the trust and security of the world’s most secure public blockchain, along with the computing resources necessary to run commercial-scale services. Loom Network is a platform as a service built on top of Ethereum that allows developers to run large-scale decentralized applications. L earn more and request an invite at *** With Telefuel, your Telegram workflow will be faster, more organized, and more streamlined than ever before. Ripple vs.Are you a Telegram user? If so, you don't want to miss out on Telefuel - our new Telegram app for power users and professionals, featuring Slack-style workspaces, chat folders, unread message filters, keyboard shortcuts, and more.EU Imposes €1,000 Cap on Anonymous Crypto: New Rules Loom.Core Scientific Falls to 78M Market Cap, Bankruptcy Loom.Is the Crypto Market Doomed Amid Looming US Recession?.Grayscale Looming Bankruptcy Has Possible Adverse Outcomes.The recent price surge might be a testament to the market recognizing the platform’s value proposition in this booming sector. As the gaming industry continues its expansion, platforms like the Loom Network, which bridge the gap between gaming and blockchain, become even more pivotal. These numbers not only signify a strong momentum for LOOM but also hint at the growing interest and confidence of investors in the Loom Network’s potential.īut what exactly is the Loom Network? Primarily, it’s an operating platform tailored for games, offering a scalable and developer-friendly environment. Loom Network is a game operating platform.…- Wu Blockchain October 13, 2023Īdding to the fervor, the trading volume for LOOM futures over the past 24 hours reached a mind-boggling $2.4 billion. The trading volume of LOOM future in the past 24 hours reached $2.4 billion. Upbit LOOM/KRW spot trading volume is $360 million, accounting for 53.8% of the entire. LOOM price has increased by 550% in the past 3 weeks.
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