About Loopchain

LoopChain is a decentralized type of Blockchain a solution for a smart connected society. LoopChain Blockchain is an Interactive Blockchain that can interact with other Crypto currencies like Bitcoin, Bitcoin Cash, DogeCoin and soon Ethereum. LoopChain Blockchain creates a side chain still linked to it’s very own main chain to be able to receive and make other Cryptocurrencies transactions. Smart Interaction. With LoopChain you can deploy your very own smart contract and Decentralized Applications for Mobile. LoopChain Blockchain uses SHA 356 Alogrithm for very high encrypted security. Also LoopChain has LTF Alogrithm enabled to prevent future hard forks. Making the Blockchain the most superior in the Cryptocurrency eco space.

WHAT IS LOOPCHAIN

LoopChain is a decentralized type of Blockchain a solution for a smart connected society.

LoopChain Blockchain is an Interactive Blockchain that can interact with other Crypto currencies like Bitcoin, Bitcoin Cash, DogeCoin and soon Ethereum.

With LoopChain you can deploy your very own smart contract and Decentralized Applications for Mobile.

 Also LoopChain has LTF Alogrithm enabled to prevent future hard forks. Making the Blockchain the most superior in the Cryptocurrency eco space.

ABOUT LOOPCASH
Loop Cash is a
decentralised Cryptocurrency
based on Loopchain. It is
the local based
Cryptocurrency of
Loopchain Blockchain.


LOOPCASHs are cryptographic software tokens used to engage with distributed applications (DApps) and smart contracts on the LOOPCHAIN Platform. LOOPCASHs will serve as the staking currency of the LOOPCHAIN blockchain and fuel computational operations performed by the LOOPCHAIN network.
Specification

Total LOOPCASH Supply: 30,000,000
Block Target: 3-15 seconds
Stake Return: ~2 LOOPCASH
Algorithm: LFT

Features

Deploy Decentralized Smart Contracts
Loopchain makes it easier than ever for established sectors and legacy institutions to interface with blockchain technology. Create your own tokens, automate supply chain management and engage in self-executing agreements in a standardized environment, verified and tested for stability.

Smart Contract Lifecycle Managment

loopchain, in cooperation with its academic partners, develops tools and methods to standardize the workflow for business smart contract development. This includes the formally verifiable translation of human-readable agreements to machine smart contracts, and the error-resilient specification of their elements, terms and conditions.

Setting Industry Standards

Cooperating with a series of partners and third parties, Loopchain aims to establish a smart contract hub, offering secure and thoroughly tested contract templates, tailor fitted for a multitude of industries and use cases, such as supply chain management, telecommunications, IoT, social networking, and many more.

A Reliable Blockchain
loopchain supports quick,
fork-less consensus through
LFT,Loop Fault Tolerance ,
which supports BFT,
Byzantine Fault Tolerance.
The Fastest Blockchain
In addition, faster
consensus becomes possible
by putting multiple nodes
with mutual trust into one
group based on LFT.
Secure Blockchain
When participating in a
blockchain network,
transactions are verified and
secured through PKI-based
authentication.
Cross Platform and Backward Compatibility

LOOPCHAIN is compatible with existing Ethereum contracts as well as Bitcoin gateways, and will maintain backward-compatibility even if the system is updated.

Technical Info

SUPERIOR BLOCKCHAIN
With the use of SMART CONTRACT, SCORE, LFT ALOGRITHM,
TIERED SYSTEM, MODULAR ARCHITECTURE, and LOOP CHAIN
DATABASE FUNCTION, we aim at improving the development and
advancement of various infrastructure interconnectivity.
LFT Algorithm
LOOPCHAIN FAULT TOLERANCE ALOGRITHM (LFT ALORITHM)
LFT limits the number of nodes the Block Generator broadcasts
(rest of the nodes participate in voting only) and reduces steps for
consensus by pipelining, also manages voting rights by node grouping.
SCORE
SCORE is our proprietary Smart
Contract executed on loopchain
with high development productivity,
able to implement various financial
business by providing registration,
deployment, and versioning via
SCORE Store.
Tiered System
Different access rights for different
participants. loopchain sets differential
rights on nodes participating in blockchain,
by separating transaction nodes from the
audit node, etc., to deal with various
tasks and compliance.
Modular Architecture
customizable in modular units. loopchain is able to
customize modular units based on modular structure,
also capable of various customization of transaction
verifying nodes, external data interworking nodes,
etc., depending on transaction types.
Build decentralized applications you can trust

Combining a modified Bitcoin Core infrastructure with an intercompatible version of the Ethereum Virtual Machine (EVM), Loopchain merges the reliability of Bitcoin’s unfailing blockchain with the endless possibilities provided by smart contracts.

Designed with stability, modularity and interoperability in mind, Loopchain is the foremost toolkit for building trusted decentralized applications, suited for real-world, business oriented use cases. Its hybrid nature, in combination with a first-of-its-kind PoS/PoW/PoN consensus protocol, allow Loopchain applications to be compatible with major blockchain ecosystems, while providing native support for mobile devices and IoT appliances.

Loopchain Roadmap

 

  • August 2018

  • Loopchain Blockchain Test Network Launch

  • August 2018

  • LoopKonect Beta Launch

  • September 2018

  • Loop Operating System (LoopOs) Beta Launch

  • December 2018

  • Loopchain Main Network Launch

  • December 2018

  • Distribution of Loopcash Cryptocurrency

  • December 2018

  • Exchange listing

  • February 2019

  • Loopchain Decentralized Exchange
Read Less