Flow
FLOW
Crypto
Decentralised Networks
USD 0.37-1.32%
Flow
UMushroom community rating:
About
Decentralised Networks
Categoryn/a
Consensus MechanismL1
L1/L2Other
Sub-cateegoryn/a
Ecosystem2021
Year of creation
Description
Flow (FLOW) is a Decentralised Networks crypto coin. Flow`s origin block was generated on 2021-01-27. More information can be found at https://flow.com.
Key Technical Advantages:
Separating Consensus & Compute: Flow's architecture splits consensus (selection and ordering of transactions) from compute (execution of transactions and recording their output). This separation increases throughput by a factor of 56 without compromising security or decentralization and preserves ACID guarantees. Block Formation: Flow uses a variant of the HotStuff consensus algorithm for Consensus Nodes to reach consensus on blocks at every block height. The second technical paper formalizes block formation and the Proof of Stake-based consensus process, addressing the Consensus role's responsibility in mitigating network challenges. Execution Verification: The third technical paper formalizes Flow's verifiable computation scheme, providing proofs of safety and liveness under reasonable Byzantine assumptions. It is believed that this result could be adapted to other scenarios involving Bulletproofs, TrueBit, TEEs, and other verifiable computation schemes. SPoCK (Specialized Proofs of Confidential Knowledge): This novel cryptographic technique was first outlined in Technical Paper 3 to address the Verifier's Dilemma. It formally defines the SPoCK scheme and its required security properties, introducing a novel implementation based on BLS signatures that is more concise and efficient. Adaptability & Extensibility: Flow's architecture is designed to be adaptable and extensible, with the potential to incorporate various verifiable computation schemes and cryptographic techniques. This flexibility allows Flow to cater to various use cases and scenarios, ensuring a robust and future-proof blockchain platform. Content summarized by AI chatbotSource:
https://www.flow.com/technical-paperKey figures
-68.7%1Y
-95.2%3Y
-91.7%5Y
Performance
0/ 01D
0/ 01M
1/ 01Y
Highs/ Lows
31.08.2022
USD 39.24
All Time High
0.95%
% of All Time High
-99.08%All Time
-72.55%1 year
Max drawdown
#92
Ranking by Market Cap
580.56 M
Market cap (USD)
0.00%
% of Market
553.341 B
Category Market Cap (USD)
0.10%
% of Category
1574016688
Circulating Supply
1574016688
Liquid Supply
100.00%
Liquid/ Circulating Supply
N/A
Not Available Currently
Max Supply
N/A
Not Available Currently
Circulating/ Max Supply
35379525
Volume Traded
5.99%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
0.00
Innovation:
0.00
Society:
0.00
Nature:
0.00
RECOMMENDED CRYPTOS
