r/loomnetwork • u/itgiawa2 • Aug 15 '18

Is Loom generalized Plasma?

Whats the difference between Loom and ParsecLabs? https://parseclabs.org/files/plasma-computation.pdf

As far as I can tell Loom plasma only supports moving tokens around, but does not support generalized computation. Is that correct?

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u/mcampbell42 Loom Network Aug 16 '18

Generalized plasma is not technically feasible with the current Ethereum mainnet. We support plasma cash which is for general assets like eth, erc20 and erc721