Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

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.

Description

Truebit serves as an enhancement to blockchain technology, allowing smart contracts to execute intricate computations in conventional programming languages while minimizing gas expenses. Although smart contracts excel at handling minor computations with accuracy, they face significant security vulnerabilities when tasked with larger computations. To address this issue, Truebit introduces a trustless oracle that retrofits existing systems, ensuring the accurate execution of complex tasks. Smart contracts can submit their computation requests to this oracle in the format of WebAssembly bytecode, and in return, anonymous miners earn rewards for providing correct solutions. The protocol of the oracle upholds accuracy through two distinct layers: a unanimous consensus layer that permits anyone to challenge incorrect answers and an on-chain system that motivates engagement and guarantees equitable compensation for participants. The realization of these elements is achieved through an innovative blend of off-chain infrastructure and on-chain smart contracts, thereby enhancing the overall functionality and security of blockchain networks. This dual approach not only improves computational reliability but also fosters a more robust ecosystem for decentralized applications.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Ethereum
Blockdaemon
DEX Screener
Ripple
Stellar
Topper

Integrations

Ethereum
Blockdaemon
DEX Screener
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

Flare Network

Founded

2019

Country

United Kingdom

Website

flare.xyz/

Vendor Details

Company Name

Truebit

Founded

2017

Website

truebit.io

Product Features

Alternatives

Alternatives

Starknet Reviews

Starknet

StarkWare
Telos Reviews

Telos

Telos Blockchain