Flow
Name
Flow
Summary
Flow is a layer-1 blockchain that aims to be fast, decentralized, and developer-oriented.
-It was created by Dapper Labs
-It is secured by self implemented Hotsuff consensus mechanism.
Rating
Symbol
FLOW
Overview
Flow blockchain intends to make it simple for developers to establish decentralised applications and enterprises. Instead of sharding, Flow scales the network using a multi-role architecture approach. The intricacy of sharding was one of the primary reasons Dapper Labs chose to move away from Ethereum and construct its own general-purpose blockchain. Flow claims that their scaling-without-sharding approach would boost network speed and throughput while maintaining composability standards and an ACID-compliant, developer-friendly environment.
Historical Price Movement (in INR)
Technology
Cadence is a new programming language for cryptoassets and apps that draws on the concepts of resource-oriented programming and promotes developer ease of use. Smart contracts on Flow are written in Cadence.
The Go programming language is now used to write the complete node software in FLOW. It includes Basic storage (BadgerDB), networking (libp2p), consensus method (self-implemented HotStuff), execution storage (self-implemented binary Merkle tree), execution environment (Cadence), and other supporting components.
Use of Native tokens in the ecosystem: The Flow network's native token, FLOW, offers the following use cases:
Payment for network services: All operations, including creating new user accounts, storing assets, and interacting with smart contracts, will be subject to a transaction fee in FLOW tokens.
FLOW tokens are required as a deposit to reserve on-chain storage capacity.
Validator nodes: Token holders can stake their FLOW tokens and run validator nodes, assisting in the network's security in exchange for FLOW token payments.
Dapper labs
20%
Large Backers
11.1%
Small Backers
8.9%
Community Sales
13%
Ecosystem development
29%
Development Team
18%
Volume (23rd April 2022)
$55,657,752
Total Supply
1378211739
Circulating supply
358,986,557.00 FLOW
Crowd Sales
NA
Funding
NA
Country
USA
Name of Organization
Dapper labs inc.
Year Incorporated
2018
Registered Address
600 - 565 GREAT NORTHERN WAY VANCOUVER A1 V5T 0H8
Dispute Resolution and Governing Law
USA
Country Risk Assessment
A1
Founding Team
Name | Designation | Education | Experience |
Roham Gharegozlou | Co-Founder and CEO | Stanford University: BA, EconomicsStanford University: MS, Biological SciencesStanford University: BS, Biological Sciences | 15 Yrs |