Envion EVN to Loom Network LOOM Exchange

Crypto Pair Details: EVN to LOOM

Envion EVN

Envion has created the technology for the first truly mobile mining unit (MMU) that uses low-priced local energy to mine a broad spectrum of cryptocurrencies. By harvesting locally available clean energy right at the source, Envion can operate at a lower cost than competitors and at the same time reduce the CO2 footprint of the blockchain industry. Envion aims at decentralizing the highly-concentrated mining market and at bringing back control of the market to the users. Hence, profits generated by MMUs are 100% beneficial to token holders. Distribution of profit dividends will occur on a weekly basis: 75% of profits will be emitted, while 25% will be used to reinvest directly in MMUs, in order to guarantee exponentially growing profits to the envion community.

Loom Network LOOM

The Next-Generation Blockchain Application Platform for Ethereum. Loom Network’s DPoS sidechains allow for truly scalable blockchain games and DApps with the security of Ethereum mainnet. Like EOS on Ethereum. What is Loom Network? Loom Network is a Layer 2 scaling solution for Ethereum that is live in production. It is a network of DPoS sidechains, which allows for highly-scalable games and user-facing DApps while still being backed by the security of Ethereum. Live in production Loom Network has been live in production since March 2018. Developers, start building on Loom today. Highly Scalable Sidechains Dubbed “EOS on Ethereum”, Loom’s DPoS sidechains provide the same high scalability and throughput promised by alternative platforms like EOS, while still being fully Ethereum-compatible and secure. Backed by Ethereum We built the world’s first Plasma Cash implementation, which allows Ethereum-based tokens to be used on Loom sidechains with the full security guarantees of Ethereum.

SOURCE: COINGECKO

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