2niceapps
7 months ago  Karma: 5487
What happens when you move an erc20 token on to a LOOM sidechain?

Or an erc721 token. Lets say I build a smart contract on Ethereum to work with non-fungible tokens for a card game similar to magic the gathering I want to create.
This smart contract creates all the cards for the game but to play the game on chain I want to use a LOOM sidechain because of the better scalability and the lack of gas cost. I have read up on LOOM and I am fairly sure it is possible to transfer these cards to / from a LOOM sidechain but what exactly happens to the cards when I do this?

en
#loom
2niceapps
7 months ago  Karma: 5487
What happens when you move an erc20 token on to a LOOM sidechain?

Or an erc721 token. Lets say I build a smart contract on Ethereum to work with non-fungible tokens for a card game similar to magic the gathering I want to create.
This smart contract creates all the cards for the game but to play the game on chain I want to use a LOOM sidechain because of the better scalability and the lack of gas cost. I have read up on LOOM and I am fairly sure it is possible to transfer these cards to / from a LOOM sidechain but what exactly happens to the cards when I do this?

en
#loom

4 ANSWERS
deechuck08
7 months ago Karma: 3105
740836086
6 months ago Karma: 10311
brandon.pearson1011
7 months ago Karma: 1517

Hi,

Maybe Plasma can help you make secure deposits and withdrawals between two blockchains.

I found two useful articles written by Matthew Campbell:
https://medium.com/loom-network/practical-plasma-volume-i-gaming-9cfd3f971734
and
https://medium.com/loom-network/loom-network-plasma-5e86caaadef2

Hope it helps.

Hi,

Maybe Plasma can help you make secure deposits and withdrawals between two blockchains.

I found two useful articles written by Matthew Campbell:
https://medium.com/loom-network/practical-plasma-volume-i-gaming-9cfd3f971734
and
https://medium.com/loom-network/loom-network-plasma-5e86caaadef2

Hope it helps.

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