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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 Liquid Network?

Liquid serves as a distinctive settlement network that operates on a sidechain, significantly improving the efficiency and privacy of Bitcoin transactions, particularly for traders and exchanges, while also enabling the development of a wide range of digital assets. With transaction finalization occurring in a mere two minutes, traders can swiftly move their funds between exchanges and personal wallets, bypassing the prolonged confirmation times typically associated with Bitcoin transactions. The platform opens its doors to anyone interested in creating new digital assets, which can include anything from stablecoins to security tokens. Within the Liquid ecosystem, users are afforded the freedom to trade these assets while benefiting from the network's advanced features that prioritize privacy, rapid execution, and secure transactions. The default setting conceals information about asset types and quantities on the Liquid sidechain, ensuring that traders' confidential financial details are shielded from outside observers, thereby reducing the risks associated with large trades being front-run. Furthermore, the open-source Liquid Swaps Tool facilitates effortless exchanges between various assets within the network, boosting liquidity and enhancing trading possibilities. This cutting-edge framework not only accelerates transaction processes but also grants users increased autonomy over their digital holdings, fostering a more dynamic trading environment. As such, Liquid represents a significant advancement in the realm of cryptocurrency transactions and asset management.

Media

Media

Integrations Supported

Bitcoin
BNB Smart Chain (BSC)
Bitfinex
Bitso
Ethereum
GOPAX
HTX
Hodl Hodl
Ledger
MetaMask
OKCoin
OpenNode
Paymium
TRON
Telegram
Wyre
Xapo Bank
Zaif
bitbank
coinone

Integrations Supported

Bitcoin
BNB Smart Chain (BSC)
Bitfinex
Bitso
Ethereum
GOPAX
HTX
Hodl Hodl
Ledger
MetaMask
OKCoin
OpenNode
Paymium
TRON
Telegram
Wyre
Xapo Bank
Zaif
bitbank
coinone

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

Blockstream

Date Founded

2014

Company Location

United States

Company Website

blockstream.com/liquid/

Categories and Features

Categories and Features

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