Three verification nodes withdraw from Loom network, Binance controls over 50% of pledge tokens

Messari research shows that the Loom Network, a two-tier network development platform, recently had three verifiers withdraw from the network. Among the 14 verification nodes currently supported, Binance ’s nodes control more than 50% of all pledged tokens. Wilson Withiam, a researcher at Messari, believes that the DPoS system is not immune to stronger verifiers colluding to disrupt the governance vote on the chain. Loom plans to release the next stage of upgrading Basechain today. The project may be undergoing major adjustments. Some speculations indicate that the focus of the project will shift from end-user applications to enterprise-level scenarios. In addition, Matthew Campbell, co-founder and CEO of Loom Network, left in February.