Loop Quantum Gravity

Loop quantum gravity (LQG), also known as loop gravity and quantum geometry, is a proposed quantum theory of spacetime which attempts to reconcile the seemingly incompatible theories of quantum mechanics and general relativity. This theory is one of a family of theories called canonical quantum gravity. It was developed in parallel with loop quantization, a rigorous framework for nonperturbative quantization of diffeomorphism-invariant gauge theory. In plain English, this is a quantum theory of gravity in which the very space in which all other physics occurs is quantized.

Loop quantum gravity (LQG) is a proposed theory of spacetime which is constructed with the idea of spacetime quantization via the mathematically rigorous theory of loop quantization. It preserves many of the important features of general relativity, while at the same time employing quantization of both space and time at the Planck scale in the tradition of quantum mechanics.

LQG is not the only theory of quantum gravity. The critics of this theory say that LQG is a theory of gravity and nothing more, though some LQG theorists have tried to show that the theory can describe matter as well. There are other theories of quantum gravity, and a list of them can be found on the quantum gravity page.

The complete, up-to-date and editable article about Loop Quantum Gravity can be found at Wikipedia: Loop Quantum Gravity
http://en.wikipedia.org/wiki/Loop_quantum_gravity