Cryptocurrency flow chart
The extreme popularity of CryptoKitties caused significant congestion on the Ethereum blockchain, prompting Dapper Labs to design a new blockchain network focused on providing NFT accessibility at scale. The Flow blockchain integrates a number of unique features. It achieves high transaction throughput using proof-of-stake PoS consensus without sharding, and a robust smart contract programming language called Cadence that enables upgradable resource-oriented smart contract design.
FLOW tokens are used within the Flow ecosystem as payment for computation and transaction validation, a medium of exchange, and collateral for data storage services. Flow uses a PoS consensus mechanism that splits node functionality into four separate types — verification, consensus, collection, and execution. Each different node participates in validating the type of transactions they are assigned to, delivering high scalability without the need for sharding or sidechains.
Who is the Flow Founder? When did Flow crypto start? Is Flow built on Ethereum? No, Flow is not built on Ethereum. Is Flow proof of work? FLOW is limited to 1. What Makes Flow Different? Flow is designed to provide a blockchain framework in which massive NFT marketplaces and blockchain-based games operate, creating the infrastructure necessary for mainstream adoption of NFTs and other digital assets.
FLOW is designed as a payment method as well as a long-term reserve asset for the entire Flow economy. The token is used by validators, developers, and users to participate in the FLOW network and earn rewards. It is also used for fees and to participate in future protocol governance. The Flow ecosystem Flow is a blockchain designed from the ground up for mainstream adoption and is the only blockchain that builds usability improvements into the protocol layer.
Top developers and some of the world's largest brands are already building on Flow, enabling completely new experiences with top-tier content. Flow has a rich ecosystem comprised of top entertainment brands, development studios, and venture-backed startups. What makes Flow unique? Resource-oriented programming: smart contracts on Flow are written in Cadence, an easy and safe programming language for crypto assets and apps. Developer ergonomics: from upgradeable smart contracts to the Flow Emulator, this network is designed for those who want to build valuable products for the community.


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