Loom Network Blog

One of the CryptoZombies creators here. This comment is spot-on.

In the realm of gaming, digital ownership of in-game assets is one area we're really excited about. Economies have already sprung up in many online games around selling items for real-world cash. With something like ERC721 tokens on Ethereum, you would truly own your items outside of the company's web server. No one could take them away from you, the items could be provably scarce, and you would have full control over selling or trading them on decentralized marketplaces (in a secure way).

Or take collectible card games like Magic the Gathering — these types of games are an ideal fit for the blockchain for the same reasons as above — rare, collectible, and tradable assets with a real-world value.

You could even have multiple games or apps that read the same crypto assets. This means you could build a new game, but use the assets of an existing game with a large user-base. You would be able to tap into a large community of players who could instantly jump into your game world with their existing characters. This lends itself to some really interesting new possibilities — imagine a World of Warcraft type game, where players were playing in the towns and worlds created by players of a totally different MineCraft or Sim-City-like game. Two sets of players playing entirely different games, but they could be playing in the same game-world where their actions have real effects on the other game through…

I strongly disagree. This is a comment from someone who (I presume) is unaware of the advances in Proof-of-Stake blockchains, and other consensus protocols like the Stellar Consensus Protocol. Databases do not have a distributed way to manage consensus - one of the main things that sets a blockchain apart from a distributed database.

This consensus mechanism is what's important when something important (like an election) hinges on the blockchain being an accurate representation of state. This requires a Byzantine-fault-tolerant agreement. See https://medium.com/loom-network/understanding-blockchain-fundamentals-part-1-byzantine-fault-tolerance-245f46fe8419.

Loom Network | Go Backend Engineer | Asia | Remote | Full-time

Loom Network(Techstars '18) famous for Cryptozombies. Is looking for senior Go backend engineerings to work remotely on scaling blockchain software for Ethereum. We have our own core blockchain technologies, and looking for devs that are interested in consensus, distributed computing, and databases.

Knowledge of Go is required. Bonus if you know k8s, Raft, Paxos or other consensus systems. Solidity bonus also.

Please email hiring@loomx.io with your resume.

Check our website https://loomx.io or read one of our blog posts about our tech. https://medium.com/loom-network

From https://medium.com/loom-network/blockchain-games-the-biggest-trojan-horse-that-experts-won-t-see-coming-and-the-startling-1846eb412aba:

> "I happily played World of Warcraft during 2007–2010, but one day Blizzard removed the damage component from my beloved warlock’s Siphon Life spell.

> I cried myself to sleep, and on that day I realized what horrors centralized services can bring. I soon decided to quit."

— Vitalik Buterin, Creator of Ethereum