Layer 2 protocols were something that the ethereum network had been demanding for a long time, a second layer network so that people can continue making their transactions without paying those ridiculous gas prices, there is one of the projects that have been losing the confidence of the investor, and is Loom network, a second layer network that was in the spotlight but due to the lack of scalability, its changing trajectory, the lack of communication and transparency made it miss very promising opportunities, so Matic (Polygon) made him bite the dust.
Posted Using LeoFinance Beta
Ah, Loom! That is a blast from the past! I vaguely remember getting some tokens a long while ago... can't even remember where from, might have been Poloniex!