Loom Network SDK Public Beta is Here, Token Gets Upbit Exchange Listing

Ethereum-Based Decentralized App Loom Network Releases SKD and Gets Listed in Upbit

Loom Network, the Thailand-based company, has released beta SDK. The company has been created for individuals and companies to develop decentralized games and social applications.

The dApp uses Plasma, a second-layer scaling solution in order to generate DAppChains. These sidechains to Ethereum are attached but run independentñy from the network.

The Loom SDK it is a very important step because it is the project’s core product. The Beta has been released to the public on June the 12th giving developers a seamless way to build their own blockchains with personalized consensus mechanisms and scalability options.

The information has been released by James Marin Duffy, co-founder at Loom Network, on a blog post on June the 12th.

He explained that the number of developers using the network will massively increase in the future after implementing some new features.

He commented:

“We’ve abstracted out all the hard ‘blockchainy’ stuff like consensus and made it plug-and-play – so now developers need to focus on is coding the core application logic,”

“This will massively increase the number of developer who are able to build blockchain applications with the potential to go mainstream, and decrease the time and budget necessary to make it happen.”

Developers working with the Loom Network are able to develop large-scale online games and social applications. But it is important to mention that the SDK can support any kind of decentralized application (dApp) building.

Moreover, the company has also released its plans to develop their own blockchain applications known as ZombieChain and Zombie Battleground.

At the moment, the Loom Network is the 78th most important cryptocurrency by market capitalization. Additionally it has a market cap of $137 million dollars.

Upbit Exchange Lists Loom

The good news do not end here. The famous South Korean cryptocurrency exchange UPbit listed Loom against the Korean won. The information has been released by UPbit on June the 12th.

With this listing, the virtual currency registered an important volume increase, more than doubling the previous volume on Binance.

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