The Scope De-Fi Profile picture
Mar 15 14 tweets 4 min read
What if I told you there's a blockchain that offers scalability and security for decentralized apps and DeFi?

Discover the technology that's changing the way we think about finance and the future.

Let’s dive into the world of @LoopNetwork3 👇🏼🧵 (5min)
What I will be covering in this thread:

-Super Scalable Blockchain
-Built for Decentralized Apps
-Advanced Consensus Algorithm
-DeFi Ecosystem
-Programmable Money
-Building on Loop Network

Super Scalable Blockchain
Loop Network is a highly scalable blockchain that offers fast and secure transactions for decentralized apps (dApps) and DeFi protocols. It is designed to support high transaction throughput without sacrificing decentralization and security.

Built for Decentralized Apps
@LoopNetwork3 is developed for decentralized apps, allowing developers to build Ethereum-based dApps with minimal configuration changes. Smart contracts written on Ethereum will work right away on Loop Network, using tools like @MetaMask, Remix, Hardhat, Waffle, and Truffle.
#Loop Network supports Solidity, Vyper, and anything that compiles to EVM bytecode.

Advanced Consensus Algorithm

Scaling is not enough.
To retain the fundamental properties of #blockchain technology, decentralization, and security, Loop Network has developed a blockchain with an advanced consensus algorithm called pBFT.
This algorithm ensures that the network can scale while maintaining decentralization and security, solving the blockchain trilemma.

DeFi Ecosystem

@LoopNetwork3 is built for the DeFi ecosystem, offering an open and global financial system for the internet age.
It provides control and visibility over your money, exposure to global markets, and alternatives to local currency or banking options. With Loop Network, you can lend and borrow, schedule payments, invest in index funds, and more.

Programmable Money
Loop Network enables users to program logic into payments, allowing you to get the control and security of Bitcoin mixed with the services provided by financial institutions.
With Loop Network, you can do things with cryptocurrencies that you can't do with Bitcoin, like lending and borrowing, scheduling payments, investing in index funds, and more.

Building on Loop Network
Loop Network development standards are focused on token interfaces to ensure smart contracts remain composable. Developers can build ERC-20 and ERC-721 token standards, as well as upgradable proxy contracts. Loop Network is also EVM-compatible.
Build Your First dApp
Developers can easily build their first dApps on Loop Network using Ethereum-based tools like MetaMask, Remix, Hardhat, Waffle, and Truffle. Loop Network supports Solidity, Vyper, and anything that compiles to EVM bytecode.
With Loop Network, you can easily bring your Ethereum-based dApps to the next level of scalability and security.
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More from @ScopeDefi

Mar 16
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Don't worry, I’ve got you covered

Let’s get into it👇🏼🧵 Image
When it comes to crypto trading, there are two main options available to traders: centralized exchanges (CEXs) and decentralized exchanges (DEXs).
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Risks Associated with CEXs and DEXs

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Perpetual Trading
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Mar 14
Watch for these RED FLAGS🚩 when investing in #crypto projects.

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Let’s dive in🧵👇🏼 Image
Introduction

For the last couple of decades, Identity and Access Management (IAM) has been a critical topic on the internet, allowing users to be on-boarded in various systems like e-commerce, social media, and e-governance.
However, IAM has had to make tradeoffs between security, centralization, and privacy, often favoring centralization at the expense of privacy and security.

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Let’s dive in🧵👇🏼(4min) Image
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Pure Form of Decentralization
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Let's talk about project red flags👇🏼🧵 Image
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Transparency is Crucial

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