FLOW
0.48000000USDT
-0.83%≈$0.48000000≈฿0.00000712Volume(24H)$91,786.95
Today
Low:0.47698600
High:0.50898900
Yesterday
Low:0.48000000
High:0.49400000
Market information
Market Cap $739,068,663.49
Global Volume(24H)$25,472,634
All-Time Low$0.40299444
All-Time High$39.6186
Initial Price$1.5
ROI -68.0000%
Circulating Supply 1,534,646,165 FLOW
Circulation Percentage 100.0000%
Max Supply ∞
Total Supply 1,534,646,165 FLOW
Price history
Information
Website https://zh.onflow.org/
Media Media
Whitepaper https://www.onflow.org/technical-paper
Explorer Explorer
Source Code https://github.com/onflow
Converter
FLOW
USD
Project Introduction
Flow -- Flo chain is a new blockchain built for the next generation of applications, games, and digital assets.
Project Vision
Designed to power the next generation of applications, games, and digital assets.
Market Demand
When CryptoKitties took off in late 2017, it became one of the world's first NFT projects, bursting the Ethereum blockchain due to massive network congestion. The Dapper Labs research team found that the current blockchain is not ready to meet such a huge demand. Rather than wait for Ethereum to update, build your own blockchain, and developers can rely on it for large-scale projects. Thus was born Flow, a new blockchain built for the next generation of applications.
Solution
FLOW Flor chain adopts the idea of vertical sharding + specialized division of labor to improve performance.
Project Implementation Mechanism
FLOW Flor chain adopts the idea of vertical sharding + specialized division of labor to improve performance. To be specific, it can be divided into three steps: First of all, a transaction is divided into two types of deterministic and non-deterministic links by vertical sharding of each transaction, that is, disassembly of transaction links and processes. Then make a more detailed division of different types and links, such as transaction collection, consensus, execution, verification and other segmentation process. Secondly, nodes are classified according to two dimensions. One is the different requirements of different links of transactions on nodes, and the other is the characteristics of nodes' own resources and capabilities. Finally, different links and tasks are assigned to different nodes, and each link deals with its best task. For example, nodes with high computing power and strong computing ability can process and execute other computing tasks, ensuring the speed and scale of transaction processing; Nodes with strong collection and collation ability are responsible for transaction collection to improve the efficiency of nodes; The verification node ensures the correctness of transaction processing; More consensus nodes ensure the decentralization of the network. On the whole, the idea and principle of FLOW is to separate the two main tasks to be handled by blockchain, the most resource-consuming computing process and the most time-consuming consensus process, and assign tasks according to the nature and capability of nodes themselves. Compared with Ethereum, Flow uses vertical decomposition of transactions to achieve professional and pipelined transaction processing; The fragmentation of Taifang is horizontal decomposition, which is mainly classified according to transaction type, amount and importance, and different transactions are processed on different block chain (layer). The core results of FLOW solution implementation are increased speed and throughput, reduced cost, improved availability, and the creation of attractive phenomenon products for mainstream user markets outside the crypto world and the underlying platforms that support these products.
Token Usage Scenarios
Flow tokens are Flow native assets, and Flow tokens are tokens required by the mortgage platform, as well as the currency to pay mortgage rewards. In addition, a small number of FLOW tokens are required to pay for transaction fees, and a minimum of reserved balances are required to pay for storage on the network. FLOW is a token that is always available for applications and games at the top of the FLOW network.
Using The Language
Cadence is a resource-oriented programming language that introduces new features to smart contract programming that help developers ensure their code is secure, reliable, clear, and easy to use. What is known is that Flow will use Libra's MoveVM as a virtual machine, and Libra will figure out how to compile Flow's smart contract programming language, Cadence, into Move bytecode for execution on Move virtual machines. In other words, an app on Flow can be easily released on Libra, just as an app on iOS can be easily released on Android, which will facilitate the promotion and development of an app on Flow on mainstream platforms.
Technical Characteristics
The principle of Flow capacity is the division of nodes, use the pipeline architecture, mainly is the separation of the calculation and consensus, that a single node need not operation and validation process involved in the deal, only need to participate in the collection, consensus, implementation, verification is one of the four segments, nodes need to pledge, the number of nodes reward according to pledge, the mechanism of PoS consensus. The working process is as follows: The collecting node summarizes the information to the consensus node, and the consensus node enters the execution process after confirming the existence of the transaction. The execution node then submits the calculation results to the verification node for verification. Nodes can decide which links to participate in according to their own advantages and capabilities. For example, nodes with strong computing power can be used as execution nodes, while nodes with a large number of computing power but limited computing power can only participate in verification links. Among them, Sumsung participated in node execution, DCG participated in collection, consensus and verification, and CoinFund participated in consensus, which Flowscan.org can check.
Technical Advantages
· High scalability: Flow's unique design allows the network to scale without fragmentation and without reducing the degree of consensus decentralization to serve billions of users. · Smart Contract security: Smart contracts on Flow are written in Cadence, which is a more convenient and secure programming language for cryptographic assets and applications. · Developer-friendly: From scalable smart contracts to built-in logging support to Flow simulators, Flor's network design is driven by results. · Mainstream user traffic: Flow is designed for mainstream consumers, and its payment Onramps provides a secure, low-friction platform for exchanging fiat coins for tokens.
Incentive Mechanism
Flow mining
Competitors
Near, Polygon (Matic), WAX, etc
Market Advantage
The main reason why Flow has become the star public chain of NFT is the accumulation of high-quality resources in its ecology. NBA Top Thot currently has a total sales volume of nearly 500 million DOLLARS. Its popularity will not be repeated here. NBA Top Shot relies on the powerful IP behind its success. In addition to NBA, Flow's current partners include UFC, NFL, Warner Music, Animoca, Ubisoft, SamSung, Opensea, etc. Top sports leagues such as NBA, UFC and NFL attract huge amounts of money and have a huge fan base of over 100 million. Lebron James alone has nearly 50 million fans on Twitter. These top entertainment IP give Flow a significant advantage over other public chains in terms of the number of potential customers. The diagram below shows the ecology of the Flow community. At the same time, Flow will also plan to establish a council composed of IP holders, entertainment Kols, well-known game manufacturers, etc., to discover the global entertainment development trend. At that time, Flow will get more entertainment information resources, and develop the collection economy and fan economy around IP.
Points
The simplicity of Flow mainnet, Flow Playground and more gameplay or innovative game dapps are all worth looking forward to. Flow is a Dapp platform. As more and more developers develop games on the Flow chain, encrypted games will be accepted by people in more mainstream markets through Flow port support, and the Flow platform carrying these game products will become the biggest winner.
Project Risk
The project is at an early stage, with a small number of users and applications. Code risk issues.
Values
Values FLOW is the public chain of THE NFT track, developed by the Crypto Cat team. Flow tokens are Flow native assets, and Flow tokens are tokens required by the mortgage platform, as well as the currency to pay mortgage rewards. Its value is supported by the acquisition of transaction costs. For a system, the biggest difficulty is not technology, but developers and users. Everything depends on the development of follow-up projects.
Pairs
Rank | Source | Pair | Price | 24h | Volume(24H) | Trading Percent | Updated | ||||
---|---|---|---|---|---|---|---|---|---|---|---|
1 | Gate.io | 1 | Gate.io | FLOW/USDT | 0.47990000 | -0.87% | $4,019,427.69 | 8.3146% | 2024-11-04 20:59:01 | ||
2 | Binance | 2 | Binance | FLOW/USDT | 0.48000000 | -0.83% | $3,461,440.56 | 7.1604% | 2024-11-04 20:59:02 | ||
3 | Upbit | 3 | Upbit | FLOW/KRW | 668.00 | -1.45% | $2,284,867.51 | 4.7265% | 2024-11-04 20:59:26 | ||
4 | OKX | 4 | OKX | FLOW/USDT | 0.47950000 | -0.99% | $1,138,174.26 | 2.3544% | 2024-11-04 20:59:30 | ||
5 | Bitget | 5 | Bitget | FLOW/USDT | 0.47970000 | -0.91% | $494,855.92 | 1.0237% | 2024-11-04 20:58:05 | ||
6 | BingX | 6 | BingX | FLOW/USDT | 0.48000000 | -0.83% | $91,786.95 | 0.1899% | 2024-11-04 20:59:39 | ||
7 | MEXC | 7 | MEXC | FLOW/USDT | 0.48100000 | -0.82% | $64,667.72 | 0.1338% | 2024-11-04 20:57:57 | ||
8 | Binance | 8 | Binance | FLOW/BTC | 0.00000712 | 1.14% | $46,450.71 | 0.0961% | 2024-11-04 20:59:25 | ||
9 | KuCoin | 9 | KuCoin | FLOW/USDT | 0.47940000 | -1.28% | $26,325.6 | 0.0545% | 2024-11-04 20:58:09 | ||
10 | Kraken | 10 | Kraken | FLOW/USD | $0.479 | -1.24% | $21,007.84 | 0.0435% | 2024-11-04 20:58:06 | ||
11 | Crypto.com | 11 | Crypto.com | FLOW/USDT | 0.48248000 | -0.66% | $18,688.92 | 0.0387% | 2024-11-04 20:59:37 | ||
12 | Kraken | 12 | Kraken | FLOW/EUR | 0.44400000 | -0.45% | $15,908.11 | 0.0329% | 2024-11-04 20:58:06 |
Trading platform transaction information
Trading Percent
All Exchange
Exchange | Volume(24H) | Trading Percent | |||
---|---|---|---|---|---|
OKX | OKX | $1,147,163.91 | 5.0160% | Visit | |
Binance | Binance | $3,507,891.27 | 15.3383% | Visit | |
Kraken | Kraken | $38,420.01 | 0.1680% | Visit | |
Gate.io | Gate.io | $4,019,514.77 | 17.5754% | Visit | |
KuCoin | KuCoin | $26,534.03 | 0.1160% | Visit | |
Crypto.com | Crypto.com | $23,796.85 | 0.1041% | Visit | |
Bitget | Bitget | $494,855.92 | 2.1638% | Visit | |
MEXC | MEXC | $64,667.72 | 0.2828% | Visit | |
BingX | BingX | $91,786.95 | 0.4013% | Visit | |
Upbit | Upbit | $2,285,693.45 | 9.9942% | Visit | |
BitMart | BitMart | $118,402.87 | 0.5177% | Visit |