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Search results for “plasma”

Q&A
Reviews
Q&A:
23
Votes
Q:
Is there somewhere I can view the blocks on the chain it is running on etc? Is this running on plasma or its own private chain?
A:
It's running on gamechain. Review this link https://medium.com/loom-network/plasmachain-gamechain-socialchain-the-loom-network-universe-expounded-5c672617a333
By WilliamHarris. August 13, 2019
9
Votes
Q:
Is 21 just a plasma chain cap or is it a recommended value for other Loom networks?
A:
Its size we are going for on plasma chain to optimize performance.
By NatalieAnn. August 14, 2019
8
Votes
Q:
Where can I find implementations of plasma cash flow? Curious how large the blocks are on the merkel tree and if the updates to mainnet are expensive.
A:
https://medium.com/loom-network/plasma-cash-initial-release-plasma-backed-nfts-now-available-on-loom-network-sidechains-37976d0cfccd
By NatalieAnn. August 13, 2019
5
Votes
Q:
Will developers be able to create their own sidechain linked to plasmachain? Or will it exclusively be used for Loom projects?
A:
The Loom SDK is here: loomx.io/developers and you can spin up your own sidechain today.
By WilliamHarris. August 13, 2019
24
Votes
Q:
What about plasma cash? Is there a timeline for its release?
A:
Already released on June 29: https://medium.com/loom-network/plasma-cash-initial-release-plasma-backed-nfts-now-available-on-loom-network-sidechains-37976d0cfccd
By RupikaVaidya. August 13, 2019
2
Votes
Q:
Three questions: a) how the DPoS DAppChain smart contracts (that it seems that are written with go) interacts with the plasma chain? b) Where are the DPoS nodes? c) there's any micro example game that uses all the stuff available?
A:
This is a good article to begin with https://medium.com/loom-network/plasmachain-gamechain-socialchain-the-loom-network-universe-expounded-5c672617a333, also if you are looking for some examples: https://loomx.io/developers/docs/en/phaser-sdk-demo-web3-websocket.html, https://medium.com/loom-network/understanding-blockchain-fundamentals-part-3-delegated-proof-of-stake-b385a6b92ef
By WilliamHarris. August 13, 2019
7
Votes
Q:
On Zombie Battleground, do users buy packs on the Ethereum Main-Net or the Plasma-Chain?
A:
Cards are stored on Plasma-Chain.
By WilliamHarris. August 13, 2019
12
Votes
Q:
Is there an update on number of loom tokens required to stake in plasma?
A:
Must stake 1,250,000 LOOM tokens. You can also work with Delegators. Each node needs that many tokens but others can delegate their tokens to you.
By alex. August 14, 2019
8
Votes
Q:
Does loom have any power to take down or stop bad dapps on the loom chain? Do dapps need to be approved first?
A:
No, validators run the plasma chain, not loom. We are onboarding external validators.
By EllaPatt. August 14, 2019
33
Votes
Q:
Does loom have mainnet?
A:
Yeah, we have 3 main nets. https://medium.com/loom-network/plasmachain-gamechain-socialchain-the-loom-network-universe-expounded-5c672617a333?source=collection_home---4------12---------------------
By XavierL. August 13, 2019
25
Votes
Q:
What if I create an ERC721 smart contract in the loom network?
A:
Of course. That's one of their main use cases. You could also use ERC721x by connecting them with a transfer gateway or with plasma cash.
By XavierL. August 13, 2019
48
Votes
Q:
Where is the best place to get information on becoming a validator and also about joining the test net :)
A:
https://medium.com/loom-network/plasmachain-validator-requirements-915a5f57fc79 https://loomx.io/developers/docs/en/join-testnet.html DPoS networks usually are around 20-100 validators, to keep the network performant. There are also Delegators that can proxy their stake to validators.
By Dylan. August 13, 2019
12
Votes
Q:
Advantage of using your existing chains is they get to tap into what you’ve already built like the marketplace? For companies who make their own chain, what benefit do they get? SDK let’s them create faster ?
A:
Developers can issue their own tokens on ethereum / PlasmaChain, there's no need to build their own sidechain to do that.Benefits of building their own chain are they can choose the consensus model, how many validators there are and how they're chosen, and if / how those validators are rewarded. Basically they have full control over the chain and it's fully centralized until they choose to open it up, so they can set all the rules. This may make sense for very very large applications that need their own dedicated DAppChain. Advantages to using the shared chain are you just focus on building your app and don't worry about infrastructure, it's built up of a decentralized set of validators so you don't have to secure your own chain against attacks, you get to take advantage of the existing user base and services on the chain like the marketplace, users are more likely to trust your dapp (they don't need to verify and trust your new chain), etc. We have @loomnetworkdev and @loomsdk chats which are more technical if you need some help figuring out the architecture.
By LukeHall. August 13, 2019
15
Votes
Q:
How will LOOM fees be collected for stakers? If users are just holding 1 LOOM, where are fees collected then?
A:
From fees on the marketplace, dapps being deployed and plasma transactions. Also in beginning additional tokens will come from company reserve.
By RupikaVaidya. August 13, 2019
6
Votes
Q:
What is the usage of LOOM token?
A:
It is staked by plasma chain validators and paid by dApp developers to use the chain. Can be used to buy packs in zombie battleground and there are plans for staking loom for packs in zombie battleground. It tracks the value of plasma chain. As plasma chain becomes more used and more valuable, so does LOOM.
By EllaPatt. August 14, 2019
9
Votes
Q:
Where is the best place to get information on becoming a validator?
A:
https://medium.com/loom-network/plasmachain-validator-requirements-915a5f57fc79
By LukeHall. August 14, 2019
2
Votes
Q:
Is there course/ material / tutorials for how to develop on loom from scratch? How is it different from Eth.?
A:
https://medium.com/loom-network/deploying-your-first-app-to-loom-plasmachain-installing-loom-setting-up-your-environment-and-b04aecfccf1f
By WilliamHarris. August 13, 2019
6
Votes
Q:
Where is the official document about staking for DPoS Delegates? Can show me the link?
A:
https://medium.com/loom-network/how-you-can-become-a-plasmachain-delegator-and-help-put-the-d-in-dpos-75177a4bac99
By LukeHall. August 14, 2019
35
Votes
Q:
How would you use MetaMask to buy them on the website?
A:
Plasma Chain is a central hub for token transactions, linked to Ethereum by Plasma Cash. Check out this post: https://medium.com/loom-network/plasmachain-gamechain-socialchain-the-loom-network-universe-expounded-5c672617a333
By WilliamHarris. August 13, 2019
14
Votes
Q:
Hello, the consensus mechanism of loom is dpos, then how many delegates does loom have? How to elect delegate?
A:
There will be 21 validators, and an unlimited numbers of delegators. For more info, check out this post: https://medium.com/loom-network/how-you-can-become-a-plasmachain-delegator-and-help-put-the-d-in-dpos-75177a4bac99
By khloeMorris. August 13, 2019
21
Votes
Q:
Can anyone become a delegate?
A:
https://medium.com/loom-network/how-you-can-become-a-plasmachain-delegator-and-help-put-the-d-in-dpos-75177a4bac99
By EllaPatt. August 13, 2019
15
Votes
Q:
Basically, before pushing the transactions occurred in dappchain to the Ethereum mainnet, people cannot see the transactions in Etherescan, right?
A:
It doesn’t push transactions to mainnet it is it’s own Blockchain with its own block explorer. You can easily transfer tokens between plasmachain and ethereum mainnet.
By MattCol. August 14, 2019
17
Votes
Q:
How will LOOM fees be collected for stakers? If users are just holding 1 LOOM, where are fees collected then?
A:
From fees on the marketplace, dapps being deployed and plasma transactions. Also in beginning additional tokens will come from company reserve.
By ZoeyB. August 13, 2019
12
Votes
Q:
I want understand the mechanism of transfer gateway, so where these go smart contracts can be found? Are these plugins (gateway, addressmapper) built in? What should I do if I want run a Daap node?
A:
If you use plasma chain you don’t need to run a dapp node: https://loomx.io/developers/docs/en/join-testnet.html
By XavierL. August 13, 2019
17
Votes
Q:
How does gas work on sidechain? With Zombie battlegrounds, is gas paid in only ether or loom?
A:
No gas; Plasmachain is gas free
By Dylan. August 13, 2019
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