Layer-1 with native data
and state acquisition.
Layer-1 with native data and state acquisition.
Flare Time Series Oracle
Decentralized prices
Acquire decentralized time series data. The FTSO is an oracle network that delivers reliable and decentralized data to applications on Flare.
State Connector
Robust interoperability
The State Connector enables secure and decentralized data acquisition from external blockchains and the internet.
Unleash the full potential of blockchain
Use Flare’s robust interoperability and pricing protocols together with scalable EVM based smart contracts to expand the reach and value of your product. Build on Flare with more data than ever before, or build with Flare to serve multiple ecosystems.
Bridging
Use Flare’s core protocols to build your own bridges.
Data Relay
Secure data relay with Flare’s State Connector.
State Acquisition
Build dapps and protocols that utilize state from any connected chain.
Decentralized Oracles
Build dapps and protocols that utilize decentralized price and data.
Scalable Smart Contracts
Flare integrates an industry standard EVM and uses a scalable, low carbon consensus algorithm.
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teams using our tech in
interesting ways.
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FAQs
Flare Network is a decentralized blockchain platform that seeks to bridge the gap between different crypto networks that are currently quite fractured, and mostly isolated from each other.
What is Flare blockchain? ›
Flare is a blockchain that operates on Layer 1 Proof-of-Stake. It is compatible with Ethereum Virtual Machine (EVM) and aims to achieve interoperability. The platform has developed in-house native protocols: State Connector, Flare Time Series Oracle (FTSO), and Layer Cake.
Is Flare built with Ethereum? ›
EVM Advantage: Built on the Ethereum Virtual Machine (EVM), Flare is familiar territory for developers who already work with Ethereum. This compatibility means existing Solidity smart contracts can be readily deployed on Flare.
How is flare connected to XRP? ›
XRP could expand its presence to Flare Networks and other decentralized ecosystems as FXRP, a wrapped version of the token, with the help of Flare's bridging protocol LayerCake. Hugo Philion, the co-founder of Flare Networks and CEO of Flare Labs, disclosed this in a recent statement on X.
What is the Flare Network utility? ›
Flare Network is an EVM-based Layer 1 blockchain designed to allow developers to build applications that use data from other chains and the internet. By providing decentralized access to high-integrity data, Flare enables new use cases and monetization models.
What blockchain does Flare use? ›
Beyond these two protocols, the Flare Network has strengthened its position in the world of crypto development by integrating the Ethereum Virtual Machine. In simple terms, this means that users of the Flare Network can access the numerous tools and applications that are already built on the Ethereum blockchain.
What blockchain does Flare run on? ›
The Flare Network is a layer 1, Proof-of-Stake (PoS) blockchain that leverages the Ethereum Virtual Machine (EVM) to support smart contracts and host decentralized applications (dapps).
How much is flare blockchain? ›
Flare Price Data
Flare (FLR) currently has a price of $0.031 and is down -2.22% over the last 24 hours. The cryptocurrency is ranked 78 with a market cap of $1.2B.
Does flare crypto have a future? ›
FLR's price prediction is possible by analyzing historical price action, current developments and social sentiment from the community. Flare price prediction 2024: Flare's price for 2024 according to our analysis should range between $0.016 to $0.024 and the average price of FLR should be around $0.02.
What wallet supports flare? ›
- Wallets. Bifrost Wallet. Brave Wallet. D'CENT Wallet. Enkrypt Wallet. Ledger Nano X and Nano S. MetaMask. SafePal S1 Wallet. Trezor T.
- Voting.
- Block Explorer Dashboard.
- Architecture of an Exchange. Delegating on the User's Behalf.
Two-year delay in airdrop
Ripple lawsuit was to blame. It later emerged that the team had decided to slow roll out “to launch a canary network prior to launching the official network.” This process enabled thorough network testing, ensuring a more robust final product.
What crypto is connected to XRP? ›
Ripple uses XRP as a bridge currency to facilitate the transfer of value between different fiat currencies for its customers. Anyone can also make transactions of XRP across its network. This article provides a comprehensive understanding of Ripple and XRP.
Is FLR associated with XRP? ›
Young will distribute the Flare token (FLR) to all users who own Ripple (XRP) in their wallet on 12 December 2020, 00:00 UTC.
Is flare decentralized? ›
About Flare
With decentralized oracles enshrined in the network, Flare is the only smart contract platform optimized for decentralized data acquisition - price & time series data, blockchain event & state data, and web2 API data.
Does Flare Network have a coin? ›
The Spark (FLR) token is the native token of the Flare Network, a distributed network that integrates the Ethereum Virtual Machine (EVM) to enable smart contract functionality for non-smart contract cryptocurrencies. The FLR token has an integral role in the network's operations.
Who created Flare Network? ›
Hugo Philion is the Co-Founder and Chief Executive Officer of Flare Network. Flare is a scalable, EVM based layer 1 blockchain, designed to enable trustless and secure interoperability between any blockchain.
Are flare tokens worth anything? ›
The Flare price is $0.03073876, a change of -4.91% over the past 24 hours as of 1:46 a.m. The recent price action in Flare left the tokens market capitalization at $1.19B. So far this year, Flare has a change of 75.27%. Flare is classified as a Computing under CoinDesks Digital Asset Classification Standard (DACS).
How does flare make money? ›
Flare does not charge employers or employees for the “wellness” content, which includes articles and seminars – its revenue comes from selling financial services to the user base.
How much is the flare token worth? ›
Price of FLR today
The live price of Flare is $ 0.032161 per (FLR / USD) with a current market cap of $ 1.24B USD. 24-hour trading volume is $ 15.52M USD. FLR to USD price is updated in real-time. Flare is +0.29% in the last 24 hours with a circulating supply of 38.58B.
