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Description
A staggering 65% of the value associated with blockchain tokens remains untapped by decentralized applications, but that is about to change. Enter Flare, the pioneering network that offers the first Turing complete Federated Byzantine Agreement (FBA) system, designed to be scalable without relying on a native token for security. This innovative structure eliminates the risk of safety degradation caused by competing uses of a native token, while seamlessly integrating with the Ethereum Virtual Machine. With a robust pool of developer talent, Flare simplifies the integration process for existing projects and boasts low transaction fees, allowing applications to grow without imposing heavy costs on users. Flare (FLR) serves as the native token for the network, acting as collateral for the trustless issuance of assets from non-Turing complete chains, beginning with notable currencies like XRP, XLM, Litecoin, and Dogecoin. Additionally, it plays a vital role in supporting the Flare time series oracle, providing yield for securing the price function on the network and participating in its governance. F-Assets are introduced to bring Turing complete smart contracts to each connected chain, enabling assets to be trustlessly originated from and settled back to their respective networks, enhancing both functionality and flexibility across the blockchain ecosystem. With these advancements, Flare is poised to revolutionize the way decentralized applications interact with blockchain tokens.
Description
The Bitcoin Lightning Network enables immediate payments, providing rapid blockchain transactions without the delays typically associated with block confirmations. It enhances security through the use of smart contracts on the blockchain, eliminating the need for separate on-chain transactions for each payment. Users can experience transaction speeds ranging from milliseconds to mere seconds. This network boasts remarkable scalability, capable of handling millions to billions of transactions every second, far surpassing traditional payment systems in terms of capacity. Additionally, it allows payments to be linked to specific actions or clicks without the need for intermediaries. Cost efficiency is another benefit, as settling transactions off-chain results in substantially lower fees, paving the way for innovative applications like instant micropayments. Furthermore, the Lightning Network supports cross-chain atomic swaps that can be executed instantly and off-chain, provided the involved blockchains utilize the same cryptographic hash function. This interoperability between different blockchain systems opens up new possibilities for seamless financial interactions.
API Access
Has API
API Access
Has API
Integrations
Bitcoin
Bottlepay
Build on Bitcoin (BOB)
Cash App
DEX Screener
Eclair Mobile
Elysium
FixedFloat
Galoy
Keet
Integrations
Bitcoin
Bottlepay
Build on Bitcoin (BOB)
Cash App
DEX Screener
Eclair Mobile
Elysium
FixedFloat
Galoy
Keet
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Flare Network
Founded
2019
Country
United Kingdom
Website
flare.xyz/
Vendor Details
Company Name
Lightning Network
Founded
2015
Website
lightning.network/