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What is Loom Network?

Loom Network provides developers with the necessary scalability and ease of use to build high-performance decentralized applications (DApps) that meet the needs of today's users. By facilitating smooth integrations with prominent blockchains such as Bitcoin, Ethereum, and Binance Chain, deploying a DApp on Loom guarantees its ongoing relevance and accessibility to a broad audience. Since its inception in early 2018, Loom Network has functioned as a fully operational multichain interoperability platform. It is specifically tailored to enhance the scalability of high-performance DApps, ensuring a user experience comparable to traditional applications, which simplifies the onboarding process for new users by eliminating the need for them to install cryptocurrency wallet software. This feature empowers developers to leverage assets from top blockchains and enables the creation of a DApp that can be launched across all platforms simultaneously. Furthermore, on Loom Network, developers have the option to use the platform's token to cover their DApp hosting expenses, and instead of the complex fee structures found in Ethereum, they benefit from a straightforward monthly fee for hosting their applications on Loom. This approach not only streamlines financial planning for developers but also allows them to focus more on innovation rather than administrative concerns. Consequently, Loom Network continues to play a vital role in the evolution of decentralized applications.

What is Hemi?

Hemi introduces a groundbreaking modular Layer-2 blockchain framework that seamlessly fuses the strong security of Bitcoin with the versatile programmability of Ethereum by embedding a full Bitcoin node within an Ethereum-compatible framework known as the Hemi Virtual Machine (hVM). This pioneering architecture allows developers to craft Solidity smart contracts that can interact with Bitcoin data directly, eliminating the need for bridges or synthetic assets. Through its distinctive Proof-of-Proof (PoP) consensus method, Hemi ensures “superfinality,” linking transactions to Bitcoin blocks to maintain high integrity and protect against reorganizations, while also facilitating swift finality. Furthermore, the Hemi Bitcoin Kit (hBK) provides developers with vital resources to build genuine Bitcoin-centric DeFi solutions, such as lending, staking, automated market makers, MEV systems, and multi-chain DAOs, all utilizing real BTC for collateral or yield generation. Consequently, Hemi not only broadens the horizons of decentralized finance but also enhances collaboration between two of the most influential blockchains in the cryptocurrency world. Ultimately, this innovative framework sets the stage for unprecedented interoperability and financial possibilities within the blockchain ecosystem.

Media

Media

Integrations Supported

Bitcoin
Ethereum
MetaMask
Avalon
BIMA
BlockWallet
DZap
Gamma
HourGlass
Kelp
Metronome
Optimism
Pyth
Relay
Rubic
Steer
Stork
Sumer
The Graph
Zeno

Integrations Supported

Bitcoin
Ethereum
MetaMask
Avalon
BIMA
BlockWallet
DZap
Gamma
HourGlass
Kelp
Metronome
Optimism
Pyth
Relay
Rubic
Steer
Stork
Sumer
The Graph
Zeno

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Loom

Date Founded

2017

Company Location

Thailand

Company Website

loomx.io

Company Facts

Organization Name

Hemi

Date Founded

2023

Company Location

United States

Company Website

hemi.xyz/

Categories and Features

Categories and Features

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