• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
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Flowns

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Flow
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News

Western Union Introduces USDPT Stablecoin to Enhance Digital Payments

Western Union Introduces USDPT Stablecoin to Enhance Digital Payments

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Western Union has launched USDPT, a US dollar-backed stablecoin, to enhance digital payments for 130 million people in Bolivia and the Philippines.
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Aisha Farooq

Zcash Surges to New High as Institutional Interest Grows

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Zcash (ZEC) has surged to a new year-to-date high of 590, driven by significant institutional investment from Multicoin Capital.
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Tenzin Dorje

Sabadell Joins European Banking Consortium for Stablecoin Initiative

Sabadell Joins European Banking Consortium for Stablecoin Initiative

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Spanish bank Sabadell has joined the Qivalis consortium aimed at launching a Europe-pegged stablecoin.
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Bayarjavkhlan Ganbaatar

What is Flowns?

Flowns — a next-generation decentralized domain name service, built on top of the Flow network. It is a resource-based domain name service, based on the Cadence smart contract language. The resource model in Flow makes the Flowns service flexible and extensible, and more use cases can be created, based on the NFT domain name asset.

Contents:

Flowns - dapp.expert

About the Flowns project

It is not only a domain service, but also a protocol for discovering personal data and assets in the digital world. Readable names and identifiers in a data-rich network are an indispensable infrastructure in the digital world. Domain names are indexes and profiles for owners.

The Flow account model supports the binding of multiple public keys. So when the project service is stable, the administrator account becomes a multi-signature account by adding multiple public keys.Developers

The Flowns domain can store more information and assets on-chain, after which it becomes its own personalized expression. In the future of blockchain applications and data explosion, we still need an open diversified digital identity service.

Other features:

1 The team defines an open protocol for data and assets that allows any type of resource/asset to be invested in the NFT domain.
2 Domain assets become meta assets, defined by both users and developers.

In the Flow network, Flowns domain assets allocate storage entirely to the user's account, and the user can keep their domain but not use it. Even if a domain has expired, Flowns cannot destroy or revoke it without permission, so the domain is still under the user's control. This means that the domain resource will exist forever. This is the ownership of assets, protected by Flow networks and encryption algorithms. Users do not need the Flowns service to define and manage their domain's NFT. All operations are performed by the users themselves.

More about the work of defi app

The cost of renting a domain will cost from 0.3₣ to 40₣ per year, depending on the length of the domain name. A domain owner can renew their domain at any time after it expires. Expired domain resources are not restored, but marked as inactive and available for registration by Flowns. As soon as another user registers an expired domain, Flowns will create a new NFT domain for the new user. The original domain resource will be marked as obsolete in the Flowns service.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.