Loom

Ethereum’s First Production Scaling Project Is Here – But With a Catch

A TechStars-incubated startup has launched what looks like the first production-ready platform designed to increase the capacity of ethereum. Called Loom Network, the little-known company is today releasing a developer toolkit that makes it possible to deploy scalable ethereum apps on the second-largest cryptocurrency network, effectively leapfrogging ongoing efforts such as Raiden Network and Plasma. For network users, the timing of the release couldn’t be more welcome. Scaling has long been top of mind for stakeholders of major cryptocurrencies, and on [...]

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