Loom Network (LOOM) vs Monero (XMR) Comparison

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Company

User rating

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

Cryptogeek rating

3.8 / 5 4 / 5

Trust Score

How it works
4.24 / 5 3.95 / 5

About

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.
Monero is the most significant privacy-focused cryptocurrency on the market. It was created in 2014. The main feature of Monero is mixing of transactions in the blockchain. Third parties can't see amounts of money sent in transactions and addresses participating in operations, so all payments are untraceable. The developers are keeping it ASIC-resistant. It saves this network from centralization and gives an opportunity for GPU owners to earn something from mining Monero. Despite its lack of serious marketing campaign Monero has gained a strong following on different forums and social media platforms. In 2016 the price of Monero began to grow. Nowadays this currency is one of the top 15 cryptocurrencies by its market cap.

Type

token coin

Founding Date

2017 2014

Country

International International

Languages

No data No data

Team

Public Not Public

Protocol

Public blockchain Public blockchain

Current price (USD)

0.0565 190.4459

All-time high (USD)

0.7745 495.8400

Price change (24h)

1.25 0.89

Volume (24h)

160068.86525 30649648.65530

Hashrate

No data 1

Max Supply

1000000000.00000 No data

Total supply

No data No data

Circulating Supply

1300000000.00000 85793.34551

Transaction speed / Block time

No data 26

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

No data CryptoNight-V7

Proof type

No data PoW

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

1000000000.00000 17632039.18461

Is trading

yes yes

Block reward

0.000000000000 1.554846810247

Block time

No data 120
Company
User rating User rating 4.3 / 5 3 user review User rating 5 / 5 3 user review
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 4.24 / 5 Trust Score 3.95 / 5
About
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.
Monero is the most significant privacy-focused cryptocurrency on the market. It was created in 2014. The main feature of Monero is mixing of transactions in the blockchain. Third parties can't see amounts of money sent in transactions and addresses participating in operations, so all payments are untraceable. The developers are keeping it ASIC-resistant. It saves this network from centralization and gives an opportunity for GPU owners to earn something from mining Monero. Despite its lack of serious marketing campaign Monero has gained a strong following on different forums and social media platforms. In 2016 the price of Monero began to grow. Nowadays this currency is one of the top 15 cryptocurrencies by its market cap.
Type Type token Type coin
Founding Date Founding Date 2017 Founding Date 2014
Country Country International Country International
Languages Languages No data Languages No data
Team Team Public Team Not Public
Protocol Protocol Public blockchain Protocol Public blockchain
Current price (USD) Current price (USD) 0.0565 Current price (USD) 190.4459
All-time high (USD) All-time high (USD) 0.7745 All-time high (USD) 495.8400
Price change (24h) Price change (24h) 1.25 Price change (24h) 0.89
Volume (24h) Volume (24h) 160068.86525 Volume (24h) 30649648.65530
Hashrate Hashrate No data Hashrate 1
Max Supply Max Supply 1000000000.00000 Max Supply No data
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 1300000000.00000 Circulating Supply 85793.34551
Transaction speed / Block time Transaction speed / Block time No data Transaction speed / Block time 26
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability medium Mining profitability low
Algorithm Algorithm No data Algorithm CryptoNight-V7
Proof type Proof type No data Proof type PoW
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 1000000000.00000 Total coins mined 17632039.18461
Is trading Is trading yes Is trading yes
Block reward Block reward 0.000000000000 Block reward 1.554846810247
Block time Block time No data Block time 120

Social

Website

loomx.io ww.getmonero.org

Twitter

@loomnetwork Monero
Website Website loomx.io Website ww.getmonero.org
Twitter Twitter @loomnetwork Twitter Monero

Advantages

Build apps A platform for social and games Secure Untraceable Could grow rapidly with arms trading Private, untraceable and unfungible

Disadvantages

Possible scaling issues No backing Can be used for shady things Not physically-backed Risk of regulation

Rating

User rating User rating 4.3 / 5 3 user review User rating 5 / 5 3 user review
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 4 / 5
Advantages Advantages Build apps A platform for social and games Advantages Secure Untraceable Could grow rapidly with arms trading Private, untraceable and unfungible
Disadvantages Disadvantages Possible scaling issues No backing Disadvantages Can be used for shady things Not physically-backed Risk of regulation

Loom Network (LOOM) user rating is 4.3, based on 3 user reviews. Monero (XMR) user rating is 5, 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: 4.24 / 5 Write review
Trust Score: 3.95 / 5 Write review
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