Ethereum (ETH) vs Loom Network (LOOM) Comparison

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Company

User rating

5 / 5 3 user review 4.3 / 5 3 user review

Cryptogeek rating

4.6 / 5 3.8 / 5

Trust Score

How it works
4.82 / 5 4.24 / 5

About

Ethereum is an innovation network providing its own blockchain with its cryptocurrency (Ether or ETH). This blockchain hosts decentralized applications (DApps) that were first introduced by Ethereum. Another innovation of this platform is the implementation of smart contracts which has changed the perception of the possible use of the blockchain, revealing the potential of the technology to its fullest.
Loom Network (LOOM) token is currently based on cryptocurrency Ethereum protocol. It is represented on a fair number of exchanges. Loom Network plans to be the connecting hub for various blockchains. It provides dapp developers with the tools to integrate assets from major chains, such as BTC, ETH, Binance and TRON (with EOS and Cosmos coming soon). You can also earn LOOM tokens for participating in the network as the reward or bounty.

Type

coin token

Founding Date

2015 2017

Country

Canada International

Languages

No data No data

Team

Public Public

Protocol

Public blockchain Public blockchain

Current price (USD)

3414.6804 0.0593

All-time high (USD)

1432.8800 0.7745

Price change (24h)

4.80 3.72

Volume (24h)

4526564940.01810 719244.82537

Hashrate

190120 No data

Max Supply

No data 1000000000.00000

Total supply

No data No data

Circulating Supply

120457255.78092 1300000000.00000

Transaction speed / Block time

15 No data

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

Ethash No data

Proof type

PoW No data

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

111766505.06150 1000000000.00000

Is trading

yes yes

Block reward

2.000000000000 0.000000000000

Block time

15 No data
Company
User rating User rating 5 / 5 3 user review User rating 4.3 / 5 3 user review
Cryptogeek rating Cryptogeek rating 4.6 / 5 Cryptogeek rating 3.8 / 5
Trust Score How it works Trust Score 4.82 / 5 Trust Score 4.24 / 5
About
Ethereum is an innovation network providing its own blockchain with its cryptocurrency (Ether or ETH). This blockchain hosts decentralized applications (DApps) that were first introduced by Ethereum. Another innovation of this platform is the implementation of smart contracts which has changed the perception of the possible use of the blockchain, revealing the potential of the technology to its fullest.
Loom Network (LOOM) token is currently based on cryptocurrency Ethereum protocol. It is represented on a fair number of exchanges. Loom Network plans to be the connecting hub for various blockchains. It provides dapp developers with the tools to integrate assets from major chains, such as BTC, ETH, Binance and TRON (with EOS and Cosmos coming soon). You can also earn LOOM tokens for participating in the network as the reward or bounty.
Type Type coin Type token
Founding Date Founding Date 2015 Founding Date 2017
Country Country Canada Country International
Languages Languages No data Languages No data
Team Team Public Team Public
Protocol Protocol Public blockchain Protocol Public blockchain
Current price (USD) Current price (USD) 3414.6804 Current price (USD) 0.0593
All-time high (USD) All-time high (USD) 1432.8800 All-time high (USD) 0.7745
Price change (24h) Price change (24h) 4.80 Price change (24h) 3.72
Volume (24h) Volume (24h) 4526564940.01810 Volume (24h) 719244.82537
Hashrate Hashrate 190120 Hashrate No data
Max Supply Max Supply No data Max Supply 1000000000.00000
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 120457255.78092 Circulating Supply 1300000000.00000
Transaction speed / Block time Transaction speed / Block time 15 Transaction speed / Block time No data
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability high Mining profitability medium
Algorithm Algorithm Ethash Algorithm No data
Proof type Proof type PoW Proof type No data
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined 111766505.06150 Total coins mined 1000000000.00000
Is trading Is trading yes Is trading yes
Block reward Block reward 2.000000000000 Block reward 0.000000000000
Block time Block time 15 Block time No data

Social

Website

www.ethereum.org loomx.io

Twitter

@ethereum @loomnetwork
Website Website www.ethereum.org Website loomx.io
Twitter Twitter @ethereum Twitter @loomnetwork

Advantages

Well-known Founder An expanding developer community More than a cryptocurrency Continues to attract more businesses Build apps A platform for social and games

Disadvantages

Struggles with scaling Uses a complicated programming language High transaction fees Possible scaling issues No backing

Rating

User rating User rating 5 / 5 3 user review User rating 4.3 / 5 3 user review
Cryptogeek rating Cryptogeek rating 4.6 / 5 Cryptogeek rating 3.8 / 5
Advantages Advantages Well-known Founder An expanding developer community More than a cryptocurrency Continues to attract more businesses Advantages Build apps A platform for social and games
Disadvantages Disadvantages Struggles with scaling Uses a complicated programming language High transaction fees Disadvantages Possible scaling issues No backing

Ethereum (ETH) user rating is 5, based on 3 user reviews. Loom Network (LOOM) user rating is 4.3, based on 3 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 4.82 / 5 Write review
Trust Score: 4.24 / 5 Write review
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