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#LOOM The Loom Network is a blockchain platform designed to provide solutions for building decentralized applications (dApps) and games. It aims to address some of the scalability and performance issues associated with existing blockchains, particularly Ethereum. The Loom Network was co-founded by James Duffy, Matthew Campbell, and Luke Zhang. James Duffy primarily served as the company's Chief Technology Officer (CTO). He mainly participated in the technical development of the platform. Before co-founding Loom Network, he had a background in software development. Luke Zhang is another co-founder and the Chief Design Officer at Loom Network. He is responsible for the design and user experience aspects of the platform. Loom Network offers a solution to the scalability problem that many blockchain platforms, including Ethereum. It introduced the concept of sidechains, which are separate chains linked to the Ethereum mainnet, designed to handle specific DApps or use cases. This allowed for faster and more cost-effective transactions and smart contract execution. One of the main goals of the Loom Network is to make it easier for developers to create DApps. They provided tools and resources to simplify the development process, including their own software development kit (SDK) and a dedicated blockchain for DApps. Loom Network also offers tools for building smart contracts, connecting DApps to the Loom Network, and creating user-friendly interfaces. Loom Network primarily targets applications in the gaming and social networking spaces. The sidechains approach made it possible to create DApps with high-speed transactions, which was particularly important for gaming applications. The project has its own implementation of a Plasma sidechain, which is a technique for achieving scalability while still benefiting from The total supply of the LOOM tokens is 1,300,000,000 LOOM and as of October 18, 2023, the circulating supply is 1,219,425,698 LOOM.
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Crypto
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#PEPE Pepe Coin is a cryptocurrency that aims to revive the concept of meme coins. It takes its inspiration from the famous internet meme character “Pepe the Frog” and aims to become the king of meme coins. $PEPE is a meme coin! Don’t forget that🥸🤔
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Its a great moment to invest let share our knowledge anyone has a suggestion please put it in the comments 💪🏻💪🏻💪🏻💪🏻💪🏻💪🏻💪🏻
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Let have some #pepe
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