Yo!


Hold your excitement...

As of July 20th 2019 — we processed over 131k+ transactions on PlasmaChain, which accounted for ~22% of Ethereum's daily transaction volume on the same day 😮

...and we surpassed 150k+ transactions this past weekend during the Loom sponsored CryptoWars tournament. 


Pretty wild huh? 


By the way, if you want to stay in the loop with all of these geeky numbers, go ahead and bookmark the Loom Block Explorer.

Plus, you all have staked well over 250M+ LOOM Tokens as of today.

Also, just in case you missed the announcement on our Twitter...
 

Loom PlasmaChain & Loom Wallet Are Now Interoperable with Binance Chain


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Yup.

Loom PlasmaChain & Loom Wallet are now interoperable with Binance Chain. 

Which means, Binance now has a ERC20-BEP2 bridge and smart contract functionality thanks to PlasmaChain.

If you are a developer - that means, your imagination is the limit.

If you are curious, you should...

👉 Read about Loom PlasmaChain integrating with Binance Chain

Oh, by the way...

Remember Alice? — the DeFi (decentralized finance) dapp that's already running on Loom?

We also developed a library with a set of interfaces to interact with Alice's smart contracts — Take a look at it on Github.  

Last, but not least...

KuCoin is going to enable soft staking for LOOM token holders — which means, if you hold LOOM tokens on KuCoin, you'll be able to stake those directly from KuCoin. 


That's what's crackin' around here at Loom HQ 😉
 

If you want to discuss any of the latest updates — stop by our subreddit @ /r/LoomNetwork


Until next time...

Your friend,

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—Dilanka

P.S — Did you see the footage of Bitcoin visiting India? — Also, remember the Cambridge Analytica scandal? There's a great documentary on Netflix called The Great Hack and it's all about it. Take a look. 

P.P.S — BTW, if you are a developer building a dapp on Ethereum, but AREN'T sure about the benefits of deploying your dapp to Layer 2, feel free to grab your quick start guide right now