In the loop representation the quantum constraints of gravity can be s
olved. This fact allowed significant progress in the understanding of
the space of states of the theory. The analysis of the constraints ove
r loop-dependent wavefunctions has been traditionally based upon geome
tric (in contrast to analytic) properties of the loops. The reason for
this preferred way is twofold: on the one hand, the inherent difficul
ties associated with the analytic loop calculus, and on the other hand
, our limited knowledge about the analytic properties of knots invaria
nts. Extended loops provide a way to overcome the difficulties at both
levels, On the one hand, a systematic method to construct analytic ex
pressions of diffeomorphism invariants (the extended knots) in terms o
f the Chern-Simons propagators can be developed. Extended knots are si
mply related to ordinary knots (at least formally). The analytic expre
ssions of knot invariants could be produced then in a generic way. On
the other hand, the evaluation of the Hamiltonian over extended loop w
avefunctions can be thoroughly accomplished in the extended loop frame
work, These two ingredients promote extended loops as a potential reso
rt for answering important questions about quantum gravity.