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About Loop Network

Loop Network is a digital currency framework that supports smart contracts, aiming to overcome the scalability and privacy limitations of earlier systems like Ethereum. It allows parties to create smart contracts using code to specify the behavior of the virtual machine (VM) that executes the contract's function. Loop Network aims to address scalability and usability issues, without compromising decentralization, and leverages the existing developer community and ecosystem. It is an off-chain/external scaling solution for existing platforms to provide scalability and superior user experience for DApps/user features.

Loop Network operates on a system with Proof of Stake and Authority (PoSA) consensus that aims to support short block time and potentially lower fees. This system relies on a limited set of validators, who are elected in and out based on a staking-based governance. Validators take turns to produce blocks in a PoA manner. LOOP Chain, a part of Loop Network, brings EVM-compatible programmability and native cross-chain communication using an innovative consensus of Proof of Stake and Authority(PoSA). Any smart-contract written to run in EVM can be easily ported to LOOP Chain.

Loop Network aims to provide a platform for developers to build on LOOP Chain, which aims to support all the existing Ethereum tooling, faster block time, and potentially lower costs. It also offers native cross-chain transfer and communication. LOOP Chain opens the gate for users to take advantage of the fast transferring and trading. It also expands the use cases of LOOP token. Developers can make hybrid Dapps using both LOOP Chain and other chains in one single Dapp, with the help of native cross-chain functions.

Loop Network was developed as a solution to the scalability and privacy limitations of earlier systems like Ethereum. It was designed to support smart contracts without compromising decentralization and to leverage the existing developer community and ecosystem. The network uses a Proof of Stake and Authority (PoSA) consensus, which aims to support short block time and potentially lower fees. The network's history is marked by its continuous efforts to aim to address scalability and usability issues in the cryptocurrency space.

Market

Germany Market Stats

Market cap

-

Volume (24h)

€66,518.98

Circulating supply

-

All time high

€0.27

Price change (1h)

-0.64%

Price change (24h)

-3.67%

Price change (7d)

-22.82%

Germany News about Loop Network

BeInCrypto • Apr 27, 24

Oklahoma’s New Law Protects Citizens’ Bitcoin Ownership Rights

This move reflects Oklahoma's commitment to protecting its residents' Bitcoin ownership rights amid ongoing regulatory challenges facing the cryptocurrency industry nationwide.The post Oklahoma’s New Law Protects Citizens’ Bitcoin Ownership Rights appeared first on BeInCrypto.

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BeInCrypto • Apr 27, 24

New UK Law Empowers Authorities to Seize, Freeze, Destroy Crypto

UK's new cryptoasset legislation enables authorities to confiscate items like passwords and memory sticks that could aid criminal inquiries.The post New UK Law Empowers Authorities to Seize, Freeze, Destroy Crypto appeared first on BeInCrypto.

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Decrypt • Apr 27, 24

This Week in Coins: Bitcoin Stumbles but Meme Coins Come Out Winning—Again

Bonk, Pepe, and Floki are among the biggest gainers of the past seven days.

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BeInCrypto • Apr 27, 24

5 Altcoins You Should Keep an Eye on in May

These crypto assets have been overlooked in the past few weeks but the coming month could change things up.The post 5 Altcoins You Should Keep an Eye on in May appeared first on BeInCrypto.

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Unchained • Apr 26, 24

New Bitcoin Exchange Traded Product Launches in Germany, Chasing 24/7 Trading

A fresh entrant to the exchange traded spot bitcoin market has launched with an extended-hours trading twist. ETC Group, a crypto exchange traded product (ETP) issuer with about $1.5 billion of assets under management, on Thursday launched its ETC Group Core Bitcoin ETP. It trades on the German s...

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The Block • Apr 26, 24

Arkham Intel finds wallets associated with Wisdomtree’s Physical Bitcoin ETP WBIT

WBIT holds 8,900 BTC, worth around $579 million, across 134 wallets, Arkham Intel finds.

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Loop Network is on the decline this week.

The price of Loop Network has decreased by 0.64% in the last hour and decreased by 3.67% in the past 24 hours. Loop Network’s price has also fallen by 22.82% in the past week. The current price is €0.0543 per LOOP with a 24-hour trading volume of €66.52K. Currently, Loop Network is valued at 79.93% below its all time high of €0.27. This all-time high was the highest price paid for Loop Network since its launch.

The current circulating supply of Loop Network is 0 LOOP which means that Loop Network has as total market cap of 0.

FAQ

What is the current price of Loop Network?

We update our Loop Network to EUR currency in real-time. Get the live price of Loop Network on Coinbase.

What is the market cap of Loop Network?

The current market cap of Loop Network is €0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Loop Network?

The all-time high of Loop Network is €0.27. This all-time high is highest price paid for Loop Network since it was launched.

What is the 24 hour trading volume of Loop Network?

Over the last 24 hours, the trading volume of Loop Network is €66.52K.

What other assets are similar to Loop Network?

Assets that have a similar market cap to Loop Network include Archway, XPROJECT, Hello Puppy, and many others. To see a full list, see our comparable market cap assets.

How many Loop Network are there?

The current circulating supply of Loop Network is 0.

Can I buy Loop Network on Coinbase?

Yes, Loop Network is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Loop Network guide.