Review on Loom Network by LUIS RIVERO R
Loom Network
In general loom Nexwork is a platform in the development of lateral DApps using the etherium network, solving scalability problems, creating diverse applications, for example online games.
Loom Network is compatible with other chains, for now according to data from its website, only available for its integration with Etherium and Tron, although it is in development the compatibility with new chains, this is to say that developers only need to create an application. in this code and will be compatible with the various networks currently available.
The Loom token is used within the platform, to make payments related to the hosting of the application.
These are just some details that I think stand out, because with this data you can understand a little better loom network, it is simply the creation of new layers in existing networks being fully compatible, and these in turn contain others, allowing a development etherium extended and updated constantly. and above all, it solves important blockchain problems
Pros
- Development of applications outside the main etherium network.
- Highly scalable
- Applications developed compatible with other chains.
- There are several developers, creating applications on the network.
- It is possible to access the different products already developed.
- Speed in transactions
Cons
- There are several technical details that allowed the fraud to players.
- It does not have rigorous technical documents of the platform.
