{"id":260919,"date":"2018-05-26T13:00:16","date_gmt":"2018-05-26T11:00:16","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=260919"},"modified":"2018-05-26T13:01:13","modified_gmt":"2018-05-26T11:01:13","slug":"the-stack-overflow-like-website-which-pays-users-in-cryptocurrency","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/cryptocurrency\/260919-the-stack-overflow-like-website-which-pays-users-in-cryptocurrency.html","title":{"rendered":"The Stack Overflow-like website which pays users in cryptocurrency"},"content":{"rendered":"

While mainstream hype around cryptocurrencies is generally concerned with price movements and ICOs, developer interest has been on a steady upward trend.<\/p>\n

Loom Network<\/strong><\/a>, a blockchain development startup which aims to create decentralised applications (dApps) built on Ethereum, is one of the most prolific forces in dApp development.<\/p>\n

The company has created everything from Solidity coding tutorials<\/strong><\/a> combined with Zombie games, to a functional side-chain infrastructure which allows apps to scale while remaining tied to the immutability of Ethereum.<\/p>\n

The first functional implementation of a dApp built on Loom’s DAppChain is DelegateCall, which was created to showcase the benefits of decentralised applications over traditional web apps.<\/p>\n

DelegateCall<\/strong><\/a> is similar to a message board or Q&A website, except that the karma points or upvotes users earn for answering questions and engaging are real tokens – which can be redeemed on the Ethereum blockchain.<\/p>\n

How it works<\/h3>\n

DelegateCall works similarly to apps like Steemit, where users are rewarded for posting engaging content with upvotes that can be redeemed for tokens with real value.<\/p>\n

However, DelegateCall forgoes long blog posts in favour of a Q&A format more similar to Stack Overflow.<\/p>\n

Most content on the website is currently based around dApp development and blockchain use cases.<\/p>\n

DelegateCall runs fully on a Loom DAppChain, which is tethered to the Ethereum blockchain via a smart contract.<\/p>\n

This allows the two blockchains to communicate and transfer tokens across while allowing the DAppChain to run orders of magnitude faster than the Ethereum main network.<\/p>\n

Loom Network has also built a block explorer<\/strong><\/a> for its DelegateCall dApp, which allows users to see the transactions running on the DAppChain.<\/p>\n

The company said DelegateCall is the first of many demonstrations it is building to showcase the type of dApps which can be built on Loom Network.<\/p>\n

\"DelegateCall<\/a><\/p>\n

Games on the blockchain<\/h3>\n

Loom Network broke into the spotlight through the development of its CryptoZombies platform, which taught aspiring blockchain developers how to build a game using Ethereum’s programming language Solidity.<\/p>\n

The programme comprised weekly episodes which introduced new concepts and slowly built up to a clone of the popular CryptoKitties decentralised app.<\/p>\n

Loom Network focuses quite a lot on decentralised game design and has created its DAppChain to run applications which require faster block verification times than Ethereum can deliver.<\/p>\n

This could eventually allow for games which are almost real-time to run exclusively as decentralised applications.<\/p>\n

The company has also released an SDK which will let developers build games and dApps on its DAppChain through a simple interface.<\/p>\n

Loom Network has been busy since its creation in 2017, releasing three major products within the first six months of its operations – with plans to continue its rapid development pace.<\/p>\n

Now read:\u00a0Facebook alternatives that respect your privacy<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"

While mainstream hype around cryptocurrencies is concerned with price movements, developer interest has been on a steady upward trend.<\/p>\n","protected":false},"author":341028,"featured_media":260921,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[44696],"tags":[47950,50955,50953,35,50957],"class_list":["post-260919","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-cryptozombies","tag-dappchain","tag-delegatecall","tag-headline","tag-loom-network"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/260919"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341028"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=260919"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/260919\/revisions"}],"predecessor-version":[{"id":261053,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/260919\/revisions\/261053"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/260921"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=260919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=260919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=260919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}