Staked To Validate Loom Network Plasma Chain! How?

A New York-based startup company Staked, announced its partnership with BlockTower Capital. Basically, Staked helps institutional investors lend their holdings in PoS cryptocurrencies, to join the validator pool.

A blockchain ecosystem for games and social apps, Loom Network declared that

The LOOM holders can now become delegators and lend their tokens on the PlasmaChain. The Plasmachain normally refers to a high-performance DPoS sidechain that acts as a bridge between Ethereum and multiple chains.

Additionally, the startup provides a secure infrastructure necessary for staking. Currently, it supports six cryptocurrencies, Tezos, Dash, Decred, Livepeer, Factom, and EOS.

Staked partnering with Loom…

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2019-03-15 07:53:13

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Written by Coinpedia

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