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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
Your sensitive information is processed exclusively in secure hardware enclaves that remain isolated from external access. The reliability of both code and data is assured, permitting only authorized actions. The Phala confidential contract adheres to various standards, such as Intel SGX and AMD SEV. It offers secure and dependable data storage and processing through a decentralized storage system and a unique random scheduling algorithm. Remote attestation ensures that contracts operate correctly within a trustless and confidential setting. All code and execution processes can be verified on-chain, reinforcing transparency. The utility of a smart contract diminishes significantly without composability, which is crucial for enhancing functionality. Notably, Phala stands out as the only confidential contract protocol that maintains both interoperability and composability, ensuring that users can easily integrate their contracts with other systems. This unique feature positions Phala as a leader in the development of confidential smart contracts.
API Access
Has API
API Access
Has API
Integrations
Blockdaemon
CryptoTax360°
DEX Screener
Dwellir
Ethereum
Manta Network
Ripple
Stellar
Topper
Integrations
Blockdaemon
CryptoTax360°
DEX Screener
Dwellir
Ethereum
Manta Network
Ripple
Stellar
Topper
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
Phala
Website
phala.network/en/