Flow (FLOW) is a blockchain developed by Dapper Labs, aiming for high scalability and low transaction fees, supporting NFTs and digital assets.
What is Flow?
Flow is a next-generation blockchain created by Dapper Labs, officially launched in September 2020. Its main goal was to overcome the congestion issues faced by Ethereum, particularly when users began to utilize apps like CryptoKitties, leading to a significant rise in transaction fees and network slowdown.
Today, FLOW supports well-known projects such as NBA Top Shot and Dr. Seuss, and actively collaborates with major brands.
How Flow Works?
Flow addresses scalability issues through a multi-role node architecture, executing different roles to enhance network performance. It employs four node types:
* Collection Nodes – enhance efficiency and transaction throughput. * Execution Nodes – handle computation speed. * Verification Nodes – ensure data accuracy. * Consensus Nodes – maintain decentralization and network integrity.
This approach significantly reduces bottlenecks and improves application performance.
FLOW Tokenomics
The FLOW token was launched at the end of 2020 with an initial supply of 1.25 billion tokens. To ensure stability and sustainable growth of tokenomics, FLOW was designed with a low-inflation model. In the token distribution:
* 38% — Dapper Labs and core development team * 20% — investors * 32% — ecosystem growth * 10% — community sales.
This distribution accounts for over 30% for ecosystem developers and encourages community engagement.
Flow (FLOW) offers a unique blockchain architecture for creating and supporting decentralized applications and games. With the potential for innovation and growth, FLOW represents a promising platform for developers and investors.
