- #LOOM NETWORK TOKEN SWAP UPDATE#
- #LOOM NETWORK TOKEN SWAP UPGRADE#
- #LOOM NETWORK TOKEN SWAP CODE#
- #LOOM NETWORK TOKEN SWAP PLUS#
From a Telegram announcement (10-4-2020):.
#LOOM NETWORK TOKEN SWAP UPDATE#
We’ll publish more details about the token swap process closer to the deployment date." Update (17-3-2021): "All LOOM tokens on Basechain have now been swapped, and deposit/withdrawal of LOOM has been re-enabled. The current LOOM token contract is not upgradable, so there’ll be a token swap once the new LOOM token contract is deployed, which is expected to happen by the end of the year. "Upgrading Basechain to the zkLoom protocol will require multiple steps, the first of which consists of deploying a new LOOM token contract to Ethereum mainnet.
#LOOM NETWORK TOKEN SWAP UPGRADE#
Loom mainnet upgrade to Basechain, including additional validators, more rewards, staking referrals, slashing, a multichain LOOM token, new dapps, and more." DEX Governance DAO Upgrades " Announced a new CryptoZombies for Libra and Move course and plans for Libra integration.
#LOOM NETWORK TOKEN SWAP CODE#
The team has launched CryptoZombies, a live app enabling anyone to learn to code smart contracts on Ethereum (with over 200,000 students). " Loom is adding Bitcoin support to Basechain, giving developers a simple interface to send and receive BTC for zero fees and with instant confirmation times." Other Details Privacy Method Oracle Method Their Other Projects CryptoZombies #LOOM NETWORK TOKEN SWAP PLUS#
Describing the tech, Loom says their network will operate as a Layer 1 ‘transit hub,’ shuffling funds between different protocols such as etherum, tron, or binance. Transfers between chains will be secured through multi-signature validations on the Loom Network which require three-quarters plus one of all Loom validators before transactions can be signed off." (19-9-2019) " MakerDAO’s dai stablecoin will be implemented on the tron and binance chains in the near future through Loom Network, according to a company blog posting today." Loom PlasmaChain & Loom Wallet Are Now Interoperable with Binance Chain - Bringing an ERC20–BEP2 Bridge and Smart Contract Functionality to Binance" (7-2019).Liquidity Mining Scaling Interoperability Connecting with other chains Huobi live on Loom's Basechain (10-2019).
Infinity Stones goes live (6-2019) as a Loom validator. 6-2019: Cryptium Labs goes live as a Loom validator. Went live with 2 more external validators PlasmaChain - Wetez and SNZ The first set of PlasmaChain validators are now live in production - MW Partners, Mythos, and Shipchain. From Proof of Work #74 (21-9-2019): Update 7-2019: Over 238M tokens have been staked on Loom, which amounts to ~30% of circulating supply. Additionaly, PlasmaChain averaged 34K transactions per day last week (5-2019) which is around ~4% of Ethereum. Update 6-2019: Over 202M tokens have been staked on Loom, which amounts to ~26% of circulating supply. 152M LOOM tokens are now (4-2019) staked on PlasmaChain, which amounts to ~20% of circulating supply. Token allocation Utility Token Details Stablecoin Tech Project contributors invested $45M in 2018. 
Got declared dead once more by an ex-employee who also called the project out for its lack of competency (24-9-2020). Our developer telegram group and subreddit are still open.” Representatives ultimately responded stating: “We haven't gone anywhere, and the chain is still operational. In the weeks that followed, a number of the Loom Network’s validators abandoned the project, with one calling the network dead in a March 31 tweet. " Following the departure of the network’s CEO, the project announced that it would be pivoting away from its original business model into an enterprise-facing solution. Started for Dapps, but pivoted (10-4-2020) towards enterprise solutions. Pivoted (11-5-2020) to an enterprise solution. Developing and launching a layer 2 enterprise platform on top of Ethereum.
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