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Sign UpArticles / Resources in Development© Everychain, Inc. 2022. All rights reserved
Flow
Flow ($FLOW) is a new blockchain built for the next generation of apps, games, and the digital assets that power them.
Quick Facts
- Flow is a Layer 1 blockchain. Smart contracts are written in Cadence, a resource-oriented programing language that introduces new features to smart contract programming that help developers ensure that their code is safe, secure, clear, and approachable
- Flow utilizes a Proof of Stake (PoS) consensus mechanism.
- Flow is purpose built for scalability. Instead of sharding, Flow validates in a uniquely efficient way by splitting tasks into four separate types of nodes: consensus, verification, execution, and collection. This allows transactions to stay atomic, consistent, isolated, and durable (ACID), and allows developers to build on each other’s work. It has a theoretical limit of 10,000 Transactions Per Second (TPS), but current implementation sustains roughly 100 TPS
- Flow’s Cost Per Transaction (CPT) is broken into two fees:
- Account creation: 0.001 FLOW ≈ $0.0058
- Transaction fee: 0.00001 FLOW ≈ $0.000058
- Flow’s White Paper 📄
Technical Specifications
(as of 4/20/22)
Performance Data
Metric | Value |
|---|---|
Active Transactions Per Second (TPS) | Submit data |
Max Theoretical TPS | 10,000 TPS |
Average Cost Per Transaction (CPT) | $0.005858 USD |
Block Height | 28,217,633 |
Environmental Impact | ∙ New findings from Deloitte Canada reveal minting an NFT on Flow takes less energy than a Google search or Instagram post |
Bridges | ∙ Celer Network ∙ GigLabs ∙ FLOW/USD Chainlink Price Feed |
Github Activity
Metric | Value |
|---|---|
Repository Name | flow-go |
Stars | 400 |
Watchers | 47 |
Forks | 112 |
Contributors | 44 |
Merged Pull Requests | 2080 |
Closed vs Total Issues | 75 out of 82 |
Financial Ecosystem
(as of 4/20/22)
Metric | Value |
|---|---|
FLOW Price | $5.82 |
Market Cap | $2.1B |
Ecosystem Ranking by Market Cap | #53 |
Token Trading Volume – 24hr | $59.25M |
Total Value Locked (TVL) | Submit data |
Liquidity | Submit data |
Number of Active Wallets | Submit data |
Total Unique Accounts | 5,174,735 |
Circulating Supply | 360,253,415 FLOW |
Total Supply | 1,378,211,739 FLOW |
Node Count | 403 |
Inflation Rate | 3.75% annually |
Key Projects
Learning Resources
Social Media
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Company Info
- Legal Name: Flow from Dapper Labs
- Founded: 2018
- HQ: Vancouver, British Columbia, Canada
- Current employee count: 50-100 people
Key People
- Roham Gharegozlou — CEO, Co-Founder
- Dieter "Dete" Shirley — CTO, Lead Architect
- Mikhael Naayem — CBO, Co-Founder
- Shauhin Davari — Community Manager
Funding Ecosystem
- Fund: The Flow $725M Ecosystem Fund, Flow Developer Grants, Dapper Labs Corporate Venture Fund
- Studio: $10M Dapper Studio Ecosystem Fund
Investors
- Andreessen Horowitz, a16zcrypto, Union Street Ventures, Venrock, GV (Google Ventures), AppWorks, WMG (Warner Music Group), Fenbushi Digital, Samsung Next, SV Angel, Animoca Brands, Coinbase Ventures, DCG (Digital Currency Group), CoinFund, SNZ Holding, Distributed Global, a_capital, BlockTower Ventures, Accomplice, Republic Capital, Valor Capital Group, BlockChange Ventures, Greenfield One, CMT Digital, Rising Tide Fund, Compound, L1D, Alchemy, Pirata Capital, Andre Iguodala, JaVale McGee, Spencer Dinwiddie, Aaron Gordon, Don Mattrick, Nanon Mattrick, Bill Tai, William Mougayar, Ted Leonsis
On this page
- Flow
- Quick Facts
- Technical Specifications
- Financial Ecosystem
- Key Projects
- Learning Resources
- Social Media
- Company Info
- Key People
- Funding Ecosystem
- Investors