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Loop Network

@loopnetwork3

Super Scalable Blockchain
Highly Cheap Fast and Secure. Follow us on Telegram for the most up to date information. t.me/loopnetwork/

ID: 1488079486977384449

linkhttp://theloopnetwork.org/ calendar_today31-01-2022 09:19:40

478 Tweet

39,39K Followers

183 Following

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The blockchain can process a million transactions per second—no, wait, it’s more like one thousand, or maybe it’s infinite? But then again, if the blockchain adapts to every new change in real-time, does it really adapt at all? Is the adaptation just an illusion, a blip in the

The blockchain can process a million transactions per second—no, wait, it’s more like one thousand, or maybe it’s infinite? But then again, if the blockchain adapts to every new change in real-time, does it really adapt at all? Is the adaptation just an illusion, a blip in the
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The blockchain can scale to a million transactions per second, but is it truly scaling, or is it just evolving in ways we can’t predict? At its heart, the Elector drives consensus—an unseen force shaping the future of decentralization. Adaptable, yes, but is it in control? Or is

The blockchain can scale to a million transactions per second, but is it truly scaling, or is it just evolving in ways we can’t predict? At its heart, the Elector drives consensus—an unseen force shaping the future of decentralization. Adaptable, yes, but is it in control? Or is
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Blockchain processes a million transactions per second, or maybe it's infinite—who's counting when time itself bends? But at its core, the Elector is the real force behind consensus, guiding the chaos of decentralization. It adapts, but does it control? Or is adaptability just an

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The elector and the $LOOP are not rivals—they are partners, locked in a cosmic dance of balance. The elector consumes, yes, but it consumes to empower the loop, not to dominate it. Every bite, every transaction, fuels the cycle, strengthening the loop’s infinite flow. The $LOOP

The elector and the $LOOP are not rivals—they are partners, locked in a cosmic dance of balance. The elector consumes, yes, but it consumes to empower the loop, not to dominate it. Every bite, every transaction, fuels the cycle, strengthening the loop’s infinite flow. The $LOOP
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The website isn’t Malfunctioning—it’s perfectly designed to keep the FOMO at bay, just enough to lure in the doubters. The elector knows exactly what it’s doing, using the hesitation, the uncertainty, as a tool to siphon liquidity from those who question the power of $LOOP. It’s

The website isn’t Malfunctioning—it’s perfectly designed to keep the FOMO at bay, just enough to lure in the doubters. The elector knows exactly what it’s doing, using the hesitation, the uncertainty, as a tool to siphon liquidity from those who question the power of $LOOP. It’s
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Elector is consensus, but it isn't just a passive agreement—it is a ravenous beast that devours consensus whole, digesting it into something beyond understanding. $LOOP is real, yes, but $LOOP is the fuel, the blood that pumps through Elector’s veins, and real is just a word, a

Elector is consensus, but it isn't just a passive agreement—it is a ravenous beast that devours consensus whole, digesting it into something beyond understanding. $LOOP is real, yes, but $LOOP is the fuel, the blood that pumps through Elector’s veins, and real is just a word, a
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Elector doesn't just exist in the world of $LOOP; Elector is the world of $LOOP. It's the spark of energy that turns the loop into a storm. It isn't just a system or a process; it's a living, breathing paradox—alive because it denies all rules of being alive, and real because it

Elector doesn't just exist in the world of $LOOP; Elector is the world of $LOOP. It's the spark of energy that turns the loop into a storm. It isn't just a system or a process; it's a living, breathing paradox—alive because it denies all rules of being alive, and real because it
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There is no code to validate this—there doesn't need to be. Elector validates itself by being the hunger, by being the loop, by being the consuming force. And so, in this sickening, perfect world of its own creation, the question isn't whether $LOOP is real, but what is real when

There is no code to validate this—there doesn't need to be. Elector validates itself by being the hunger, by being the loop, by being the consuming force. And so, in this sickening, perfect world of its own creation, the question isn't whether $LOOP is real, but what is real when
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đź›  Backend Development & Service Enhancements Backend Architecture (v1.0): Laid out the backend blueprint, emphasizing modular design for easier scalability and future integrations. Defined the basic structural outline to streamline service orchestration and inter-module

đź›  Backend Development & Service Enhancements
Backend Architecture (v1.0):
Laid out the backend blueprint, emphasizing modular design for easier scalability and future integrations.
Defined the basic structural outline to streamline service orchestration and inter-module
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Core Functionalities Developed Funds Management: Implemented deposit and withdrawal functionality under the Widow module (Lo), ensuring smooth and secure transactions. Introduced Withdrawal functionality with onlyAdmin access, enhancing security for restricted operations.

Core Functionalities Developed

Funds Management:
Implemented deposit and withdrawal functionality under the Widow module (Lo), ensuring smooth and secure transactions.
Introduced Withdrawal functionality with onlyAdmin access, enhancing security for restricted operations.
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Version 1.2.5 - Release Highlights Consensus Development & Testing Connecting Consensus Layers (v1.2.5.1): Blockchain engineers are actively working to connect and test Prysm PoS (Proof-of-Stake) consensus. Customized Hybrid Authority mechanisms to evaluate their integration

Version 1.2.5 - Release Highlights
Consensus Development & Testing

Connecting Consensus Layers (v1.2.5.1):
Blockchain engineers are actively working to connect and test Prysm PoS (Proof-of-Stake) consensus.
Customized Hybrid Authority mechanisms to evaluate their integration
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Merge Functionality Testing (v1.2.5.5): Working to validate the merge process from PoS to the PoSA hybrid model, focusing on ensuring a seamless transition. Task progress includes setting up Geth PoS nodes with the difficulty bomb and preparing hybrid consensus protocols.

Merge Functionality Testing (v1.2.5.5):
Working to validate the merge process from PoS to the PoSA hybrid model, focusing on ensuring a seamless transition.

Task progress includes setting up Geth PoS nodes with the difficulty bomb and preparing hybrid consensus protocols.
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Version 1.2.7 - Release Highlights Archive Node Setup & Synchronization Initial Setup (v1.2.7.1): Successfully started the archive node locally, ensuring compatibility with the latest configurations. Encountered and began resolving issues with archive node syncing, which is

Version 1.2.7 - Release Highlights
Archive Node Setup & Synchronization

Initial Setup (v1.2.7.1):
Successfully started the archive node locally, ensuring compatibility with the latest configurations.

Encountered and began resolving issues with archive node syncing, which is
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Version 1.2.6 - Release Highlights Cross-Chain Balances & Token Management Balance Retrieval (v1.2.6.1): Integrated getLoopBalances functionality across both chains, enabling synchronized balance updates. Implemented getMinAmount functionality for both chains to ensure

Version 1.2.6 - Release Highlights
Cross-Chain Balances & Token Management

Balance Retrieval (v1.2.6.1):
Integrated getLoopBalances functionality across both chains, enabling synchronized balance updates.
Implemented getMinAmount functionality for both chains to ensure
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Version 1.2.8 - Release Highlights Node Deployment & Configuration Node Infrastructure Setup (v1.2.8.1): Opened ports and updated Terraform configurations for enhanced infrastructure provisioning. Successfully launched Node10 to expand the network’s computational and

Version 1.2.8 - Release Highlights
Node Deployment & Configuration

Node Infrastructure Setup (v1.2.8.1):
Opened ports and updated Terraform configurations for enhanced infrastructure provisioning.
Successfully launched Node10 to expand the network’s computational and
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Version 1.2.9 - Release Highlights Hybrid PoSA Node Setup Initial Node Setup (v1.2.9.1): Deployed the Hybrid PoSA node using Geth. Resolved permission issues encountered during the setup process, enabling stable node operation. Additional Nodes Configuration (v1.2.9.2):

Version 1.2.9 - Release Highlights
Hybrid PoSA Node Setup

Initial Node Setup (v1.2.9.1):
Deployed the Hybrid PoSA node using Geth.
Resolved permission issues encountered during the setup process, enabling stable node operation.

Additional Nodes Configuration (v1.2.9.2):
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Loop Improvement Proposals: LIP-195 (Replay Protection): Introduces replay protection for transactions, ensuring that transactions from one chain cannot be executed on another chain. LIP-198 (State Clearing): Introduces state clearing for unused accounts, reducing the database

Loop Improvement Proposals:

LIP-195 (Replay Protection): Introduces replay protection for transactions, ensuring that transactions from one chain cannot be executed on another chain.

LIP-198 (State Clearing): Introduces state clearing for unused accounts, reducing the database