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Description
A recently published paper delves into the motivation, structure, and effectiveness of the Ampleforth protocol in real-time market scenarios. AMPL serves as a cryptocurrency and a foundational financial element. Similar to Bitcoin, it operates through an algorithmic framework and does not require collateral. However, in contrast to Bitcoin, AMPL is capable of defining stable contracts. The adjustments in supply, known as "Rebases," occur daily, impacting the number of tokens you hold based on the AMPL network's growth or contraction—when the network expands, your token count increases, and when it contracts, it decreases, while the token price generally hovers around $1. This innovative rebasing feature enables AMPL's application in contractual agreements. Additionally, AMPL functions as a standalone financial component that is not dependent on centralized collateral or emergency lenders, offering a unique alternative to Bitcoin's model. Ultimately, AMPL’s design provides a versatile tool for both investors and contract creators alike.
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.
API Access
Has API
API Access
Has API
Integrations
Blockdaemon
DEX Screener
Ethereum
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
Ampleforth
Country
United States
Website
www.ampleforth.org
Vendor Details
Company Name
Flare Network
Founded
2019
Country
United Kingdom
Website
flare.xyz/