Our primary focus is on the Blockchain technology. We aim at developing a different type of Blockchain tech that will change the Blockchain eco system entirely.
Loopchain Blockchain, Loopcash, LoopOs And LoopKonect are projects of LoopNetwork.
TIERED SYSTEM, MODULAR ARCHITECTURE, and LOOP CHAIN
DATABASE FUNCTION, we aim at improving the development and
advancement of various infrastructure interconnectivity.
LFT Algorithm
LOOPCHAIN FAULT TOLERANCE ALOGRITHM (LFT ALORITHM)
LFT limits the number of nodes the Block Generator broadcasts
(rest of the nodes participate in voting only) and reduces steps for
consensus by pipelining, also manages voting rights by node grouping.
SCORE
SCORE is our proprietary Smart
Contract executed on loopchain
with high development productivity,
able to implement various financial
business by providing registration,
deployment, and versioning via
SCORE Store.
Tiered System
Different access rights for different
participants. loopchain sets differential
rights on nodes participating in blockchain,
by separating transaction nodes from the
audit node, etc., to deal with various
tasks and compliance.
Modular Architecture
customizable in modular units. loopchain is able to
customize modular units based on modular structure,
also capable of various customization of transaction
verifying nodes, external data interworking nodes,
etc., depending on transaction types.
Combining a modified Bitcoin Core infrastructure with an intercompatible version of the Ethereum Virtual Machine (EVM), Loopchain merges the reliability of Bitcoin’s unfailing blockchain with the endless possibilities provided by smart contracts.
Designed with stability, modularity and interoperability in mind, Loopchain is the foremost toolkit for building trusted decentralized applications, suited for real-world, business oriented use cases. Its hybrid nature, in combination with a first-of-its-kind PoS/PoW/PoN consensus protocol, allow Loopchain applications to be compatible with major blockchain ecosystems, while providing native support for mobile devices and IoT appliances.
loopchain, in cooperation with its academic partners, develops tools and methods to standardize the workflow for business smart contract development. This includes the formally verifiable translation of human-readable agreements to machine smart contracts, and the error-resilient specification of their elements, terms and conditions.
Cooperating with a series of partners and third parties, Loopchain aims to establish a smart contract hub, offering secure and thoroughly tested contract templates, tailor fitted for a multitude of industries and use cases, such as supply chain management, telecommunications, IoT, social networking, and many more.
A Reliable Blockchain
loopchain supports quick,
fork-less consensus through
LFT,Loop Fault Tolerance ,
which supports BFT,
Byzantine Fault Tolerance.
The Fastest Blockchain
In addition, faster
consensus becomes possible
by putting multiple nodes
with mutual trust into one
group based on LFT.
Secure Blockchain
When participating in a
blockchain network,
transactions are verified and
secured through PKI-based
authentication.
decentralised Cryptocurrency
based on Loopchain. It is
the local based
Cryptocurrency of
Loopchain Blockchain.
LOOPCASHs are cryptographic software tokens used to engage with distributed applications (DApps) and smart contracts on the LOOPCHAIN Platform. LOOPCASHs will serve as the staking currency of the LOOPCHAIN blockchain and fuel computational operations performed by the LOOPCHAIN network.
Block Target: 3-15 seconds
Stake Return: ~2 LOOPCASH
Algorithm: LFT
WhitePaper
With the setting of LOOPCASH's Genesis Block, thirty million (30,000,000) LOOPCASHs will be created as LOOPCASH’s total token supply, on top of which ~2% annual Proof of Stake (PoS) inflation will be added.
The LOOPCASH token supply will be allocated as follows:
- 54% of Loopcash tokens (16,200,000) will be distributed through the ICO
- 15% of Loopcash tokens (4,500,000) will be distributed among founders, early backers and the development team
- 20% of Loopcash tokens (6,000,000 ) will be distributed through Private and Pre-ICO sale
- 11% of Loopcash tokens (3,300,000 ) will be allocated to community initiatives concerning business development, as well as academic research, education, and market expansion
For a more detailed overview of LOOPCASH token allocation visit our website: http:loopnetwork.imfo
Each Participant will earn 100LCH coins. Daily draw of extra 10LCH Coins each will be awarded to 10 random Participant.
Aidrop Ends on August 2018.
✅You may invite up to three friends to our Telegram (maximum 3 friends).
✅Participants and invitees must remain in LoopNetwork Telegram, Twitter and Reddit group at least until the Airdrop distribution is finalised.
✅You Must Register an account at - http://loopnetwork.info/platform.
❌Any user making offensive/inappropriate comments on our Telegram channel will have their account banned and reported.
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