FLOW Price Today
The live Flow price today is $1.0388 with a 24-hour trading volume of $101,351,508.02. Flow is -1.9% in the last 24 hours.The current MyToken ranking is #50,with a live market cap of $1,074,869,301.97. It has a circulating supply of 1,036,200,000 FLOW and a max supply of 1,414,011,748 FLOW.
What Is Flow?
Flow Is a fast, decentralized, developer-friendly blockchain designed to empower the next generation of games, applications, and digital assets. Flow is born to solve the problem of NFT Flow on ETH chain to some extent. It can even be said that Flow itself is a public chain tailor-made for NFT. Conceived by the team behind Enigma Cat, Flow was developed and stress-tested with top global partners and is now open for anyone to contribute.
Flow is created for NFT markets and cryptocurrency games, Large-scale scaling can be done without sharding to keep transactions fast and low cost.
Flow can stand out among cryptography networks by significantly increasing throughput by dividing the tasks of the standard crypto miner or verifier node into four different roles:
1. Collector nodes to improve efficiency.
2. Execute nodes for speed and scale.
3. Validator node to ensure correctness.
4. Consensus nodes to ensure decentralization.
All four types of nodes participate in each transaction validation. Anyone with a reliable Internet connection can be a validator of Flow at a variety of computing and financial levels.
Split tasks are more efficient to process transactions on the blockchain. By using an alternative method of sharding to spread the storage and computing needs of blockchain across multiple nodes, Dapper said Flow keeps transactions indivisible, consistent, independent and durable, allowing developers to build on each other's work.
-- To solve the problem of expensive transactions on the Ethereum blockchain, Flow has become the primary use of cryptography outside of financial applications. And the sector is growing fast in the crypto industry. Crypto games like Battle Wave, coupled with the collectible and interactive experiences that the NFT marketplace offers, will grow rapidly and attract even more users in the near future. NBA Top Shot has proven that blockchain-driven collectible experiences have huge market interest and the potential for a lot of money. This is just one of the flow-based experiences, with more to come.
FLOW tokens (" FLOW ") is the network of the native tokens, is also a new, inclusive, and the base rock of the digital economy without borders. If blockchain is digital infrastructure, FLOW tokens are the fuel that powers it. FLOW has some important features that make it an ideal currency for a new generation of games, consumer applications, and related digital assets: 1) multiple usage scenario; 2) widespread distribution 3) low inflation.
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