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Flare Foundation

Flare is a full-stack layer 1 solution designed for data intensive use cases.

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Employees: 59

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Description

Flare is a full-stack, EVM-compatible Layer 1 blockchain designed for data-intensive use cases. Its core features include enshrined data protocols, such as the Flare Time Series Oracle (FTSO) for decentralized price feeds and the Flare Data Connector (FDC) for accessing external blockchain events and real-world APIs. These protocols are integrated into the blockchain's core, inheriting the security of the entire network, which is maintained by a proof-of-stake (PoS) consensus mechanism. Flare enables new use cases like FAssets, allowing for the secure exploration of XRPfi, BTCfi, and DOGEfi. The platform is characterized by its speed, with an average block time of 1.7 seconds, and its decentralized nature, with over 100 data providers. It provides comprehensive resources for developers to build decentralized applications leveraging its full-stack data solutions. Community participation is encouraged through FlareDrops, delegation and staking, on-chain governance voting, and various global events.

Flare Foundation

Description

Technology & Skills