What kind of consensus algorithm does Loom Network’s mainnet use?

What kind of consensus algorithm does Loom Network’s mainnet use?

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What kind of consensus algorithm does Loom Network’s mainnet use?


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Q1. What is the name of Loom Network’s mainnet?


Answer: Basechain


Q2. Which networks is the LOOM token deployed on?


Answer: All of the above


Q3. What is Loom Network building?


Answer: An ecosystem of blockchains for next-gen DeFi protocols, NFTs, and multi-chain dapps


Q4. What kind of consensus algorithm does Loom Network’s mainnet use?


Answer: Proof of Stake (PoS)


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Q5. What is Loom Network doing to help new blockchain developers? 


Answer: Running the CryptoZombies code school

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