Loom Network (LOOM) vs Tether (USDT) Comparison

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Company

User rating

4.3 / 5 3 user review 3 / 5 2 user review

Cryptogeek rating

3.8 / 5 3.8 / 5

Trust Score

How it works
4.24 / 5 3.21 / 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.
Tether is a cryptocurrency launched in 2014. It is a so-called stablecoin currently leading by market capitalization. Although according to the initial idea, each Tether was backed by $1 (that was going to keep the price of Tether stable), the company not always managed to maintain this price (at some point in October 2018 the price dropped to $0.9 per one Tether). Tether succeeds in terms of market capitalization and its price is almost all the time is really close to $1.

Type

token token

Founding Date

2017 No data

Country

International International

Languages

No data No data

Team

Public Public

Protocol

Public blockchain No data

Current price (USD)

0.0565 0.9991

All-time high (USD)

0.7745 1.2100

Price change (24h)

1.25 -0.02

Volume (24h)

160068.86525 642809951.42283

Hashrate

No data No data

Max Supply

1000000000.00000 9479177442.00000

Total supply

No data No data

Circulating Supply

1300000000.00000 99999999999.99999

Transaction speed / Block time

No data 30

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

No data No data

Proof type

No data No data

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

1000000000.00000 6037847550.67736

Is trading

yes yes

Block reward

0.000000000000 0.000000000000

Block time

No data No data
Company
User rating User rating 4.3 / 5 3 user review User rating 3 / 5 2 user review
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 3.8 / 5
Trust Score How it works Trust Score 4.24 / 5 Trust Score 3.21 / 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.
Tether is a cryptocurrency launched in 2014. It is a so-called stablecoin currently leading by market capitalization. Although according to the initial idea, each Tether was backed by $1 (that was going to keep the price of Tether stable), the company not always managed to maintain this price (at some point in October 2018 the price dropped to $0.9 per one Tether). Tether succeeds in terms of market capitalization and its price is almost all the time is really close to $1.
Type Type token Type token
Founding Date Founding Date 2017 Founding Date No data
Country Country International Country International
Languages Languages No data Languages No data
Team Team Public Team Public
Protocol Protocol Public blockchain Protocol No data
Current price (USD) Current price (USD) 0.0565 Current price (USD) 0.9991
All-time high (USD) All-time high (USD) 0.7745 All-time high (USD) 1.2100
Price change (24h) Price change (24h) 1.25 Price change (24h) -0.02
Volume (24h) Volume (24h) 160068.86525 Volume (24h) 642809951.42283
Hashrate Hashrate No data Hashrate No data
Max Supply Max Supply 1000000000.00000 Max Supply 9479177442.00000
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 1300000000.00000 Circulating Supply 99999999999.99999
Transaction speed / Block time Transaction speed / Block time No data Transaction speed / Block time 30
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability medium Mining profitability No data
Algorithm Algorithm No data Algorithm No data
Proof type Proof type No data 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 1000000000.00000 Total coins mined 6037847550.67736
Is trading Is trading yes Is trading yes
Block reward Block reward 0.000000000000 Block reward 0.000000000000
Block time Block time No data Block time No data

Social

Website

loomx.io tether.to

Twitter

@loomnetwork @Tether_to
Website Website loomx.io Website tether.to
Twitter Twitter @loomnetwork Twitter @Tether_to

Advantages

Build apps A platform for social and games -

Disadvantages

Possible scaling issues No backing -

Rating

User rating User rating 4.3 / 5 3 user review User rating 3 / 5 2 user review
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 3.8 / 5
Advantages Advantages Build apps A platform for social and games Advantages -
Disadvantages Disadvantages Possible scaling issues No backing Disadvantages -

Loom Network (LOOM) user rating is 4.3, based on 3 user reviews. Tether (USDT) user rating is 3, based on 2 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: 3.21 / 5 Write review
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