Loom cryptocurrency

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Fortunately, LOOM network is Ethereum compatible which means any app built on Ethereum can also run on its network, making it a desirable network when it comes to cross-chain connectivity. LOOM network doesn’t charge transaction fees to the users, that’s because the developers pay for the hosting fee on the network.īaseChain is an interoperable sidechain with the ability to connect multiple blockchains without compromising the scalability and usability of DAPPS.Įthereum is the mother of popular DAPPS built on the blockchain. The total supply of LOOM token is 1 Billion LOOM Network Benefits:

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