Loopchain Presentation.
About Loopchain?
LoopChain is a decentralized type of Blockchain a solution for a smart connected society. LoopChain Blockchain is an Interactive Blockchain that can interact with other Crypto currencies like Bitcoin, Bitcoin Cash, DogeCoin and soon Ethereum. LoopChain Blockchain creates a side chain still linked to it’s very own main chain to be able to receive and make other Cryptocurrencies transactions. Smart Interaction. With LoopChain you can deploy your very own smart contract and Decentralized Applications for Mobile. LoopChain Blockchain uses SHA 356 Alogrithm for very high encrypted security. Also LoopChain has LTF Alogrithm enabled to prevent future hard forks. Making the Blockchain the most superior in the Cryptocurrency eco space.
A superior Blockchain?
With the use of SMART CONTRACT, SCORE, LFT ALOGRITHM,
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.
So what's new?
Loopchain Blockchain can interact with other existing Blockchains to make transactions, process transactions and informations.
Smart Contracts Market Place.
Now it's even easier to develop and deploy smart Contracts. If you are developer you can code smart contract templates for sale for those without programming knowledge to choose and deploy.
LFT Alogrithm.
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.
Problem-solving?
Loopchain Blockchain is here to solve varieties of Problems in the Blockchain eco space. Listed a few as follows:
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.
Cross Platform and Backward Compatibility
LOOPCHAIN is compatible with existing Ethereum contracts as well as Bitcoin gateways, and will maintain backward-compatibility even if the system is updated.
With Loopchain Blockchain we have a solution to prevent funds being stolen from hackers with our security protocol upgrades.
An independent decentralized price regulation system.
Loopchain Blockchain runs a Blockchain base ai that helps it study the market and release block rewards in respect to the rate of it's Token to the market.
What is Loopcash (LCH)?
Loop Cash is a
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.
Specification
Total LOOPCASH Supply: 30,000,000
Block Target: 3-15 seconds
Stake Return: ~2 LOOPCASH
Algorithm: LFT
Build decentralized applications you can trust
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.
Deploy Decentralized Smart Contracts
Loopchain makes it easier than ever for established sectors and legacy institutions to interface with blockchain technology. Create your own tokens, automate supply chain management and engage in self-executing agreements in a standardized environment, verified and tested for stability.
Smart Contract Lifecycle Managment
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.
Setting Industry Standards
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.
The LOOPCHAIN Foundation: Governance Structure
The development and maintenance of the LOOPCHAIN Blockchain, as well as all services provided by LOOPCHAIN, are directed and supervised by the LOOPCHAIN Foundation - a non-profit organization, representing LOOPCHAIN’s stake and token holders as elaborated below.
In order to avoid the inefficient conduct, open source and blockchain projects often suffer from, and to ensure a coherent and standardized implementation of the LOOPCHAIN blockchain, the LOOPCHAIN Foundation was established under the guidance and support of LOOPNETWORK LTD. The Foundation will oversee the development of the LOOPCHAIN Blockchain, advocate governance transparency, and promote the safety and harmony of the open source ecosystem.
The design of the Foundation’s governance structure mainly considers sustainability, management effectiveness, and fund-raising security in the open source community. The Foundation consists of various committees, such as Executive Judgment, Code Review, Finance & HR, as well as Marketing & PR. The different committees work in cooperation to manage LOOPCHAIN’s daily operations and special occasions with detailed operational procedures and rules.
Decentralized Governance Protocol
The Decentralized Governance Protocol (DGP) is designed so that individual blockchain parameters can be modified through a specially designed smart contract on the blockchain. Most importantly, this technology allows these blockchain parameters to be changed without any disruption to the ecosystem. After a setting change, no new software must be downloaded by users, and no intervention is needed from stakers, miners and node operators.
The way the DGP works is relatively straightforward. First, a governing party for the DGP makes a proposal to change a parameter. Afterward, all the governing parties for the DGP can vote on the proposal, and if it receives enough approval votes, then the parameter change proposal becomes active. The proposal data is then placed in a standardized format and a particular storage space so that the blockchain software can easily access it without needing to execute the DGP contract directly.
CROWDSALE
LOOPCASH supply and Initial Distribution
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.info
The LOOPCHAIN Foundation will list the total assets that it holds including Bitcoin, Ethereum, Legal Tender, and LOOPCASH Tokens.
The Foundation will also seek complementary services to aid our efforts in transparency and professionalism with a professional auditing firm, legal team and a professional digital asset management solution. We hope this will help promote the healthy development of the LOOPCHAIN Project and serve as a model for other projects.
The content that will be made public to the community on the LOOPNETWORK website:
Official Links:
Website: http://loopnetwork.info
Twitter:
https://twitter.com/LoopNetworkInc
Telegram:
https://t.me/LoopNetwork
White paper: https://drive.google.com/file/d/1f8L9AW_mKNBYPuHJQF17otvg6ahrJMNi/view?usp=drivesdk
Bitcoin Talk ANN Thread:
https://bitcointalksearch.org/topic/m.41117630
About Loopchain?
LoopChain is a decentralized type of Blockchain a solution for a smart connected society. LoopChain Blockchain is an Interactive Blockchain that can interact with other Crypto currencies like Bitcoin, Bitcoin Cash, DogeCoin and soon Ethereum. LoopChain Blockchain creates a side chain still linked to it’s very own main chain to be able to receive and make other Cryptocurrencies transactions. Smart Interaction. With LoopChain you can deploy your very own smart contract and Decentralized Applications for Mobile. LoopChain Blockchain uses SHA 356 Alogrithm for very high encrypted security. Also LoopChain has LTF Alogrithm enabled to prevent future hard forks. Making the Blockchain the most superior in the Cryptocurrency eco space.
A superior Blockchain?
With the use of SMART CONTRACT, SCORE, LFT ALOGRITHM,
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.
So what's new?
Loopchain Blockchain can interact with other existing Blockchains to make transactions, process transactions and informations.
Smart Contracts Market Place.
Now it's even easier to develop and deploy smart Contracts. If you are developer you can code smart contract templates for sale for those without programming knowledge to choose and deploy.
LFT Alogrithm.
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.
Problem-solving?
Loopchain Blockchain is here to solve varieties of Problems in the Blockchain eco space. Listed a few as follows:
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.
Cross Platform and Backward Compatibility
LOOPCHAIN is compatible with existing Ethereum contracts as well as Bitcoin gateways, and will maintain backward-compatibility even if the system is updated.
With Loopchain Blockchain we have a solution to prevent funds being stolen from hackers with our security protocol upgrades.
An independent decentralized price regulation system.
Loopchain Blockchain runs a Blockchain base ai that helps it study the market and release block rewards in respect to the rate of it's Token to the market.
What is Loopcash (LCH)?
Loop Cash is a
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.
Specification
Total LOOPCASH Supply: 30,000,000
Block Target: 3-15 seconds
Stake Return: ~2 LOOPCASH
Algorithm: LFT
Build decentralized applications you can trust
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.
Deploy Decentralized Smart Contracts
Loopchain makes it easier than ever for established sectors and legacy institutions to interface with blockchain technology. Create your own tokens, automate supply chain management and engage in self-executing agreements in a standardized environment, verified and tested for stability.
Smart Contract Lifecycle Managment
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.
Setting Industry Standards
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.
The LOOPCHAIN Foundation: Governance Structure
The development and maintenance of the LOOPCHAIN Blockchain, as well as all services provided by LOOPCHAIN, are directed and supervised by the LOOPCHAIN Foundation - a non-profit organization, representing LOOPCHAIN’s stake and token holders as elaborated below.
In order to avoid the inefficient conduct, open source and blockchain projects often suffer from, and to ensure a coherent and standardized implementation of the LOOPCHAIN blockchain, the LOOPCHAIN Foundation was established under the guidance and support of LOOPNETWORK LTD. The Foundation will oversee the development of the LOOPCHAIN Blockchain, advocate governance transparency, and promote the safety and harmony of the open source ecosystem.
The design of the Foundation’s governance structure mainly considers sustainability, management effectiveness, and fund-raising security in the open source community. The Foundation consists of various committees, such as Executive Judgment, Code Review, Finance & HR, as well as Marketing & PR. The different committees work in cooperation to manage LOOPCHAIN’s daily operations and special occasions with detailed operational procedures and rules.
Decentralized Governance Protocol
The Decentralized Governance Protocol (DGP) is designed so that individual blockchain parameters can be modified through a specially designed smart contract on the blockchain. Most importantly, this technology allows these blockchain parameters to be changed without any disruption to the ecosystem. After a setting change, no new software must be downloaded by users, and no intervention is needed from stakers, miners and node operators.
The way the DGP works is relatively straightforward. First, a governing party for the DGP makes a proposal to change a parameter. Afterward, all the governing parties for the DGP can vote on the proposal, and if it receives enough approval votes, then the parameter change proposal becomes active. The proposal data is then placed in a standardized format and a particular storage space so that the blockchain software can easily access it without needing to execute the DGP contract directly.
CROWDSALE
LOOPCASH supply and Initial Distribution
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.info
The LOOPCHAIN Foundation will list the total assets that it holds including Bitcoin, Ethereum, Legal Tender, and LOOPCASH Tokens.
The Foundation will also seek complementary services to aid our efforts in transparency and professionalism with a professional auditing firm, legal team and a professional digital asset management solution. We hope this will help promote the healthy development of the LOOPCHAIN Project and serve as a model for other projects.
The content that will be made public to the community on the LOOPNETWORK website:
Official Links:
Website: http://loopnetwork.info
Twitter:
https://twitter.com/LoopNetworkInc
Telegram:
https://t.me/LoopNetwork
White paper: https://drive.google.com/file/d/1f8L9AW_mKNBYPuHJQF17otvg6ahrJMNi/view?usp=drivesdk
Bitcoin Talk ANN Thread:
https://bitcointalksearch.org/topic/m.41117630
