Loom Network

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Meaning of Loom Network

It is brainchild of TechStars startup and it aims to help in finding lasting solution to Ethereum Blockchain scaling issues which others like Plasma seek to solve too.

This network is composed of many mini Blockchains essentially called “”dappchains.” This differs from the other major projects as they have been looking more at off-chain networks and uses the “sidechain” methodology of scaling.

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