Connect Everything - Flare is an EVM based Layer-1 blockchain

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Flare Network is a blockchain platform that aims to integrate the functionality of smart contracts with the XRP Ledger. It uses the Federated Byzantine Agreement (FBA) consensus algorithm to achieve fast, scalable, and secure transactions. Flare Network also supports the Ethereum Virtual Machine (EVM), which allows for the creation of decentralized applications (dApps) using Solidity, the programming language of Ethereum. 
In addition, Flare Network provides a unique feature called the Spark token, which is used as collateral to generate new assets on the network through the Flare Time Series Oracle (FTSO). The Spark token is also distributed to XRP holders as part of the Flare Network's airdrop program. 
The Flare Network has two tokens: the Spark token (FLR) and the F-Asset tokens. The Spark token is the native token of the Flare Network, used as collateral to generate F-Assets, which are representations of other cryptocurrencies such as Bitcoin, Litecoin, or Dogecoin on the Flare Network. The Spark token is also used to pay for transaction fees and to participate in the network's governance through voting.
Current Price:$0.02029
Market Cap:$336,647,068 (#108)
Volume (24h):$6,531,401
Circulating Supply:16,587,750,249
Total Supply:101,010,700,512
All-Time High:$0.15007 (1/10/2023)
Last Update:Jun 07, 2023 02:15:56
More Info:CoinGecko

Project Rating

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(3.5 out of 5)

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Explore the most recent news and updates on our blog. Find out about recent partnerships, updated roadmaps, staking and liquidity mining opportunitie, upgrades, new team members and more. Also, be sure to check out Flare's full Medium page.

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Blockchain Friends

Below are some of the larger blockchain-related friends of the Flare project. This can include partners, forks, collaborations, and otherwise related projects.

XRP Project
XRP is a digital asset built for payments
Ethereum Project
Home to digital money, global payments, and applications