Loom Network LOOM to Red Pulse Phoenix PHX Exchange

Crypto Pair Details: LOOM to PHX

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.

Red Pulse Phoenix PHX

PHOENIX is the next evolution in Red Pulse, bringing forth a revolutionary new infrastructure and upgraded token (PHX). PHOENIX is both a new platform and token (PHX). We’re building on top of the original roadmap that was initially outlined in our whitepaper, adding a new cloud-based knowledge network that connects research consumers with content-producers. PHOENIX will utilize machine learning, natural language processing, and blockchain technology to power a more efficient ecosystem for matching industry experts to clients looking for insights. The PHOENIX platform is powered by a new token, PHX, which will replace our existing RPX token. PHX includes features such as Proof of Creation, Proof of Ownership, regulatory compliance, IP protection and accountability built right into the new smart contract. We will be conducting a token swap in August, so please sign up for our email list in order to get the latest updates as we release information on the upcoming token swap.

SOURCE: COINGECKO

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