Flow

Flow is a layer one blockchain designed from the ground up for consumer apps and the digital assets that power them. The network runs on a Proof of Stake consensus mechanism with a unique "multi-role" architecture that solves the blockchain trilemma, balancing scalability, efficiency, and cost.

FLOW ($FLOW) is the native utility token that is used for:

• Fees for processing transactions and storing data.
• Buying, selling, and trading assets on Flow
• Staking and delegating to secure the network

Flow tools include:

• Cadence, a purpose-built smart contract programming language designed for consumer-grade applications
• Full EVM equivalence, allowing anything from Ethereum to work on Flow
• Protocol-level account abstraction and mobile support for onboarding new users
• Cross-chain interoperability with the wider web3 ecosystem
• Developer hub with comprehensive documentation and tools

Token symbol:
FLOW

Scalability Metrics:
Flow TPS is 7.63 transactions per second
Flow Max TPS is 134.9 transactions per second
Flow Max Theoretical TPS is 3,900 transactions per second
Flow transaction volume is 27,461 transactions
Flow block time is 0.8s
Flow finality is 10s
Flow is a layer 1 blockchain
Flow was launched on Jul 15, 2020 (5 years ago)

Decentralization Metrics:
Flow nakamoto coefficient is 13
Flow has 271 validators
Flow stake is $675.1M
Flow consensus mechanism is Proof of Stake (PoS)
Flow governance is off-chain