Comments on: Patrick Chkoreff’s Loom Gold Q & A Plus The New Tutorial Video

By: All About Loomster » Earn Money Internet

All About Loomster » Earn Money Internet — Sun, 13 Jul 2008 14:06:29 +0000

[...] should probably read this interview with Patrick since it brings a clearer picture to how Loom operates Patrick: Correct, Loomster is not a currency. At its core, Loom is an entity called the Grid, which [...]

By: Another Social Money Added to Facebook - CoinJars

Another Social Money Added to Facebook - CoinJars — Mon, 25 Feb 2008 13:45:14 +0000

[...] in terms of user count. Check out iCoins explanation. Their product reminds me alot of Loom, an ongoing API project by Patrick Chkoreff. Tags: Coinjars, iCoinsShare This Related StoriesA Very Sociable Digital Money WorldAcebucks: [...]

By: Loom Gold Gets Personal History Feature

Loom Gold Gets Personal History Feature — Mon, 27 Aug 2007 23:47:55 +0000

[...] Patrick Chkoreff’s Loom Gold Q & A Plus The New Tutorial Video [...]

By: The HYIP Blog » Blog Archive » All About Loomster

The HYIP Blog » Blog Archive » All About Loomster — Mon, 20 Aug 2007 21:06:25 +0000

By: Listpays.com HYIP Monitor » All About Loomster

Listpays.com HYIP Monitor » All About Loomster — Mon, 20 Aug 2007 17:57:10 +0000

By: All About Loomster at No Bullshit HYIP Blog, A Part of No Bullshit Network

All About Loomster at No Bullshit HYIP Blog, A Part of No Bullshit Network — Mon, 20 Aug 2007 16:28:10 +0000

By: Digital Money World

Digital Money World — Tue, 07 Aug 2007 11:25:37 +0000

[...] Loom Software is Open Source, for more information see this post Patrick Chkoreff’s Loom Gold Q & A Plus The New Tutorial Video [...]

By: Patrick

Patrick — Wed, 04 Jul 2007 15:20:32 +0000

….the idea of partly-backed and privately backed electronic obligations was implemented on paymer.com four years ago.

Four years ago, in 2003, I was prototyping systems based on split and merge operations, but decided it was too complicated for ordinary users.

Not only that, but with split and merge, I saw no way to incorporate any kind of revenue model for the host.

In fact, in any kind of open-issuance system, I was having a hard time thinking of a viable revenue model. After all, the host has no idea what the asset types represent, so it can’t take fees in those.

Based on the considerations above, I eventually arrived at the concept of usage tokens, and a simple grid of numbers for moving things around. The API is very simple.

I wanted a system that could be bootstrapped from nothing (literally an empty database), portably and generically on any server, and would provide an economic foundation for a full asset transfer mechanism and content management system.

By: anon

anon — Wed, 04 Jul 2007 14:50:57 +0000

….the idea of partly-backed and privately backed electronic obligations was implemented on paymer.com four years ago.

anonymous party

By: Patrick

Patrick — Thu, 28 Jun 2007 13:59:23 +0000

I hosted a toy Loom server myself until May 2007. Until that time I had been working on the new fully featured Loom server code, not knowing exactly what to do with it. So in May 2007 I decided that the best thing to do was give it away for others to run on serious servers far far away. I am now a technical consultant for anyone running the code, and I continue to develop new features which I release as upgrades.