Flow Research Hub | FLOW information, history and analysis
Flow was created by Dapper Labs, a group of developers and software engineers who have worked on projects such as CryptoKitties, Dapper Wallet, and NBA TopShot. Flow is a decentralized, developer-friendly Smart Contract Platform aimed at creating a new gaming, application, and digital asset operating platform.
Flow was designed to scale without the use of sharding techniques, resulting in fast and low-cost transactions suitable for dApps such as NFT marketplaces and crypto games. This network is built on a brand-new architecture that is designed to scale without fragmentation, allowing for massive gains in throughput and speed while maintaining a developer-friendly and ACID-compliant environment.
FLOW is a Flow ecosystem utility token that is used for the following purposes:
- Used as a reward for staking this token
- FLOW holders can vote and participate in the governance of the network.
- Used to make transaction fees on the network.
- Used as a currency in the Flow ecosystem.
Flow has announced that its mainnet will undergo the Crescendo upgrade on September 4 at 20:00. Flow stated that Crescendo will be the most significant upgrade to the Flow network since its inception.
The upgrade includes full EVM equivalence for all developers on Flow, meaning that any smart contract, protocol, or tool running on the Ethereum mainnet will be able to operate on Flow, similar to EVM Layer 2 solutions.
According to PANews, Flow has announced that the Crescendo network upgrade will bring EVM Equivalence and Cadence 1.0 to Flow.
On June 19th, the Crescendo network upgrade will be deployed on the testnet. This series of upgrades is expected to enhance the functionality and performance of the Flow network, providing users with a more efficient and reliable platform.
Disney partnered with Dapper Labs to launch NFT platform on blockchain FLOW
Disney has created a nonfungible token (NFT) platform together with blockchain and metaverse firm Dapper Labs.
Disney will tokenize its iconic cartoon characters from the past century onto its NFT marketplace, dubbed Disney Pinnacle, built on layer-1 blockchain Flow.
QuickNode empowers blockchain developers with Flow integration to accelerate global adoption
QuickNode, a leading blockchain infrastructure provider and end-to-end Web3 development platform, today announced its support for Flow, a permissionless public blockchain designed for mainstream adoption.
QuickNode’s support for Flow will empower developers to build innovative, beautiful dApps, taking advantage of Flow’s features while benefiting from QuickNode’s robust infrastructure.
FLOW token jumps 50% amid Instagram adoption euphoria
Meta CEO Mark Zuckerberg announced on Aug. 4 that Instagram had expanded its NFT support to 100 more countries in Africa, the Asia-Pacific, the Middle East and the Americas. As a result, more users can post digital collectibles minted on the Flow blockchain on Instagram.
The high-profile integration helped FLOW surge 55% to reach an intraday high of $2.87 a token.