Flare Network (FLR)

Flare Network (FLR) is an EVM-based Layer 1 blockchain focusing on data acquisition and scalability. It offers two native data acquisition protocols: the Flare Time Series Oracle and the State Connector. The Flare Time Series Oracle provides decentralized price and data feeds to decentralized applications (dapps) without relying on centralized providers. On the other hand, the State Connector enables the secure and trustless use of information from other blockchains and the internet with smart contracts on Flare.

With Flare Network, developers can leverage its decentralized data acquisition protocols and scalable EVM-based smart contracts to expand the reach and value of their projects. This allows for incorporating more data than ever, enabling developers to build dapps and protocols that utilize decentralized time series data, trigger smart contracts using Web2 APIs, and even construct bridges between different blockchain ecosystems. Flare Network also offers grants to teams interested in innovatively utilizing their technology.

By integrating an industry-standard EVM and utilizing a scalable and low-carbon consensus algorithm, Flare Network aims to unleash the full potential of blockchain technology. With its focus on data acquisition, scalability, and trustless protocols, Flare Network provides a robust foundation for developers to build and operate decentralized applications and protocols.