Flare FLR
Report IssueFlare is a developer-friendly layer 1 blockchain that includes the Ethereum Virtual Machine (EVM) for easy portability of Ethereum tools and coding using Solidity. It allows existing decentralized applications (dApps) to be developed so that EVMs can be easily run on the Flare network.
Details
$0.016
-0.75%
#68
Blockchain
ByBit 
Gate 
Score Sentiment Neutral
Fundraising Statistics
CoinFund Tier 2
Digital Currency Group (DCG... Tier 2 FLRFlare
USDCUSD Coin
Short Review Flare
Crypto project Flare (FLR) is classified as a Blockchain. Flare is a Utility token that is hosted on the Ethereum Network.
(FLR)
FLR Price Chart
The launch of FLR token trading took place on 10 January, 2023.
Total amount of funds raised by the Flare project is $46.30 M.
Flare Investors
CoinFund Tier 2 Digital Currency Group (DCG) Tier 2Flare Cryptocurrency (FLR)
Flare is known for its high transaction speeds, low carbon footprint and low fees. It also offers giveaways for holders of certain cryptocurrencies such as XRP. Flare is unique compared to other cryptocurrencies for several reasons. First, it is a developer-friendly layer 1 blockchain that includes the Ethereum Virtual Machine (EVM). This means that existing dApps developed for EVM can easily run on Flare, making it compatible with a wide range of tools and coding languages.
Second, Flare has a fast, low-carbon, low-fee consensus mechanism. Unlike traditional Proof of Work or Proof of Stake systems, Flare's consensus mechanism avoids problems with energy inefficiency and cost scaling. This results in fast, secure and efficient transactions with very low gas fees. In addition, Flare allows you to capture the state of any open system. This means that it ensures secure interoperability between different chains, ensuring the flow of all digital assets and information within the chain. This feature enhances the scalability and usability of blockchain technology. Overall, the combination of developer friendliness, fast transactions with low fees, and compatibility sets Flare apart from other cryptocurrencies on the market.
