Flow
FLOW
#72
Flow is a native token in the network of the same name. The platform is designed for crypto traders, as well as users and developers interested in decentralized games and applications. Features of the Flow blockchain: a multi-role architecture is used, the platform is aimed at a wide audience, the resource-oriented Cadence language is used to create applications and digital assets.
News about Flow
FlowFLOW #72
14 Sep 2023, 23:16
The @LearnWeb3DAO D.I. Hackathon Registration is now open! We're proud to support this hackathon, which features:
๐ป 2 weeks of building
๐ $50K in prizes
๐ค A focus on Web3 + AI
๐ Sponsored by us!
Register now at this link to get involved โคต๏ธ
The @LearnWeb3DAO D. Hackathon Registration is now open. We're proud to support this hackathon, which features:.The @LearnWeb3DAO D.I. Hackathon Registration is now open! We're proud to support this hackathon, which features:
๐ป 2 weeks of building
๐ $50K in prizes
๐ค A focus on Web3 + AI
๐ Sponsored by us!
Register now at this link to get involved โคต๏ธ
https://t.co/pfXMs62DkY
FlowFLOW #72
14 Sep 2023, 20:07
Big News: Rumble is BACK for the 2023 season!
Free-to-play weekly contests starting Week 3: create lineups with your ALL DAY Moments & compete for prizes!๐ฅณ
Enter Now:
Like/re-post & reply with a Moment you are ready to use this season๐
Big News: Rumble is BACK for the 2023 season.Big News: Rumble is BACK for the 2023 season!
Free-to-play weekly contests starting Week 3: create lineups with your ALL DAY Moments & compete for prizes!๐ฅณ
Enter Now: https://t.co/iq2tNNQY1L
Like/re-post & reply with a Moment you are ready to use this season๐
FlowFLOW #72
13 Sep 2023, 18:10
๐ฃ Developers Assemble!!
@emerald_dao is hosting their monthly #Cadence Competition in which smart contract developers compete to win 26,000 $FLOW. ๐ค
Only #Cadence coding required. The topic this month: Composability! ๐๏ธ
Developers Assemble.๐ฃ Developers Assemble!!
@emerald_dao is hosting their monthly #Cadence Competition in which smart contract developers compete to win 26,000 $FLOW. ๐ค
Only #Cadence coding required. The topic this month: Composability! ๐๏ธ
FlowFLOW #72
13 Sep 2023, 16:05
Announcing the Cadence Competition โ a global contest from 9/14-9/29 to develop composable Smart Contracts in #Cadence on the @flow_blockchain .
๐ฐ 26,000 $FLOW in prizes
๐Virtual Drop-in sessions
๐5 winners (+1 unique winner)
Full details:
Announcing the Cadence Competition โ a global contest from 9/14-9/29 to develop composable Smart Contracts in #Cadence on the @fAnnouncing the Cadence Competition โ a global contest from 9/14-9/29 to develop composable Smart Contracts in #Cadence on the @flow_blockchain .
๐ฐ 26,000 $FLOW in prizes
๐Virtual Drop-in sessions
๐5 winners (+1 unique winner)
Full details: https://t.co/GPZTG5w6HD
FlowFLOW #72
13 Sep 2023, 15:39
๐ Introducing our #Disney Minnie Mouse Cryptoy!
All 5 rarity designs will feature an oh-so-cute watering can.
Make sure you're ready for the drop...create your free Cryptoys account today!
Introducing our #Disney Minnie Mouse Cryptoy. All 5 rarity designs will feature an oh-so-cute watering can.๐ Introducing our #Disney Minnie Mouse Cryptoy!
All 5 rarity designs will feature an oh-so-cute watering can.
Make sure you're ready for the drop...create your free Cryptoys account today! https://t.co/o9WU9cPFHf
FlowFLOW #72
13 Sep 2023, 14:46
๐ขYou can now create your own @NBATopShot @WNBATopShot Challenges directly in Discord ๐๐๐
- Input moments users should own
- Automatically raffle completers of your challenge
- Export CSV of users who complete it + wallet addresses
๐Learn how here:
You can now create your own @NBATopShot @WNBATopShot Challenges directly in Discord. - Input moments users should own.๐ขYou can now create your own @NBATopShot @WNBATopShot Challenges directly in Discord ๐๐๐
- Input moments users should own
- Automatically raffle completers of your challenge
- Export CSV of users who complete it + wallet addresses
๐Learn how here: https://t.co/kpEg1z5iDY
FlowFLOW #72
12 Sep 2023, 13:59
๐จ @BandProtocol has integrated with @flow_blockchain
They're a cross-chain decentralized oracle that connects smart contracts to external data and APIs ๐ป
@BandProtocol has integrated with @flow_blockchain.๐จ @BandProtocol has integrated with @flow_blockchain
They're a cross-chain decentralized oracle that connects smart contracts to external data and APIs ๐ป
FlowFLOW #72
12 Sep 2023, 06:20
๐ฐ Weekly news recap for @flow_blockchain
September 4 - 10
โ
Flow is heading to Austin, Singapore, Tokyo and New York for a range of events throughout September
โ
Flow is joining @LearnWeb3DAO for their first ever Hackathon, registrations open September 14
+ more...๐งต๐
Weekly news recap for @flow_blockchain. September 4 - 10.๐ฐ Weekly news recap for @flow_blockchain
September 4 - 10
โ
Flow is heading to Austin, Singapore, Tokyo and New York for a range of events throughout September
โ
Flow is joining @LearnWeb3DAO for their first ever Hackathon, registrations open September 14
+ more...๐งต๐
FlowFLOW #72
11 Sep 2023, 15:03
Huge news! ๐
We are partnering with @flow_blockchain for our upcoming D.I Hackathon!
This is a big partnership!
Whoโs ready? ๐
Huge news. We are partnering with @flow_blockchain for our upcoming D. I Hackathon. This is a big partnership. Who's ready.Huge news! ๐
We are partnering with @flow_blockchain for our upcoming D.I Hackathon!
This is a big partnership!
Whoโs ready? ๐
FlowFLOW #72
11 Sep 2023, 01:20
If Ethereum is blockchain 2.0, then Flow is blockchain 4.0 ๐
probably nothing anon
If Ethereum is blockchain 2. 0, then Flow is blockchain 4. probably nothing anon.If Ethereum is blockchain 2.0, then Flow is blockchain 4.0 ๐
probably nothing anon
FlowFLOW #72
10 Sep 2023, 12:38
What is Cadence on @flow_blockchain ?
๐นCadence is a programming language for developing smart contracts, particularly on the Flow blockchain.
๐ธIt offers type safety and a robust static type system, ensuring reliability and eliminating certain types of bugs.
$FLOW
What is Cadence on @flow_blockchain .What is Cadence on @flow_blockchain ?
๐นCadence is a programming language for developing smart contracts, particularly on the Flow blockchain.
๐ธIt offers type safety and a robust static type system, ensuring reliability and eliminating certain types of bugs.
$FLOW
FlowFLOW #72
09 Sep 2023, 18:21
Flow will be in Austin, Singapore, Tokyo and New York this September! As well as a range of @OfficialNFTDay events around the world on the 20th for #NFTDay ๐ช
We'll be talking account abstraction, DeFi, on-chain gaming, & more. Let us know if you are at any of these events ๐
Flow will be in Austin, Singapore, Tokyo and New York this September.Flow will be in Austin, Singapore, Tokyo and New York this September! As well as a range of @OfficialNFTDay events around the world on the 20th for #NFTDay ๐ช
We'll be talking account abstraction, DeFi, on-chain gaming, & more. Let us know if you are at any of these events ๐
FlowFLOW #72
09 Sep 2023, 03:30
my top 3 fav from @Cryptoys new Mickey and Friends collection dropping soon
check all 15 toys out for yourself, new site is live:
my top 3 fav from @Cryptoys new Mickey and Friends collection dropping soon.my top 3 fav from @Cryptoys new Mickey and Friends collection dropping soon
check all 15 toys out for yourself, new site is live: https://t.co/tZSaHaSgOI
FlowFLOW #72
08 Sep 2023, 17:18
๐ The IRL events for #NFTDay 2023 are now live on our website - ๐
๐๏ธSave the date for September 20th as we come together worldwide for a day of NFT celebrations ๐
๐ชAnd while you're here, let's relive some of the magic of #NFTDay 2022...
The IRL events for #NFTDay 2023 are now live on our website -.๐ The IRL events for #NFTDay 2023 are now live on our website - https://t.co/rLetqHU9Dx ๐
๐๏ธSave the date for September 20th as we come together worldwide for a day of NFT celebrations ๐
๐ชAnd while you're here, let's relive some of the magic of #NFTDay 2022...
FlowFLOW #72
08 Sep 2023, 16:42
Whoโs ready to build? ๐
Weโre joining @LearnWeb3DAO on their first ever hackathon. LearnWeb3 is an education platform with courses, degrees, lessons, and more.
Registration opens on September 14 ๐
/i/spaces/1djGXlVRoeeGZ?s=20
Who's ready to build. We're joining @LearnWeb3DAO on their first ever hackathon.Whoโs ready to build? ๐
Weโre joining @LearnWeb3DAO on their first ever hackathon. LearnWeb3 is an education platform with courses, degrees, lessons, and more.
Registration opens on September 14 ๐
/i/spaces/1djGXlVRoeeGZ?s=20
FlowFLOW #72
08 Sep 2023, 15:07
๐ขYou can now create your own @NFLALLDAY Challenges directly in Discord. ๐๐๐
- Input moments users should own.
- Automatically raffle completers of your challenge.
- Export a CSV of users who complete it + wallet addresses.
๐You can learn how here:
You can now create your own @NFLALLDAY Challenges directly in Discord. - Input moments users should own.๐ขYou can now create your own @NFLALLDAY Challenges directly in Discord. ๐๐๐
- Input moments users should own.
- Automatically raffle completers of your challenge.
- Export a CSV of users who complete it + wallet addresses.
๐You can learn how here: https://t.co/fKl28b0VwK
FlowFLOW #72
08 Sep 2023, 06:22
Next week, you can join us as we chat to a range of thought leaders from different gaming projects #onFlow! Ft @NBATopShot , @FormulaE_HV , & @AFLMint โคต๏ธ
๐ญ Unleash the Future: Gaming #onFlow
๐ Sept 12, 10am ET
๐ฃ๏ธ @Web3MediaLabs @StefanW1982 @NBATopShot
/i/spaces/1OyJAVLEBPnxb
Next week, you can join us as we chat to a range of thought leaders from different gaming projects #onFlow.Next week, you can join us as we chat to a range of thought leaders from different gaming projects #onFlow! Ft @NBATopShot , @FormulaE_HV , & @AFLMint โคต๏ธ
๐ญ Unleash the Future: Gaming #onFlow
๐ Sept 12, 10am ET
๐ฃ๏ธ @Web3MediaLabs @StefanW1982 @NBATopShot
/i/spaces/1OyJAVLEBPnxb
FlowFLOW #72
08 Sep 2023, 00:34
๐จ BIG CONGRATS to @NFLALLDAY as their Legendary & Rare packs sold out ๐ฅ
Built on @flow_blockchain ๐
BIG CONGRATS to @NFLALLDAY as their Legendary & Rare packs sold out. Built on @flow_blockchain.๐จ BIG CONGRATS to @NFLALLDAY as their Legendary & Rare packs sold out ๐ฅ
Built on @flow_blockchain ๐
FlowFLOW #72
07 Sep 2023, 20:57
Join the Cryptoys crew for a livestream FRIDAY @ 7pm ET.
We'll reveal all 15 rarity designs and talk about the making of the #Disney Mickey and Friends Cryptoys.
Come hang out with the *best* community around.
You won't want to miss it!
Join the Cryptoys crew for a livestream FRIDAY @ 7pm ET.Join the Cryptoys crew for a livestream FRIDAY @ 7pm ET.
We'll reveal all 15 rarity designs and talk about the making of the #Disney Mickey and Friends Cryptoys.
Come hang out with the *best* community around.
You won't want to miss it!
https://t.co/GJVi7Z8Sxk
FlowFLOW #72
07 Sep 2023, 17:30
It's the 1 year Anniversary of Dimension X on @flow_blockchain
Tell me your favorite memory from the last year of Dimension X (can be Eth or Flow) from playing the game.
We'll randomly pick a winner in the comments below.
Winner gets this bad boy.
It's the 1 year Anniversary of Dimension X on @flow_blockchain.It's the 1 year Anniversary of Dimension X on @flow_blockchain
Tell me your favorite memory from the last year of Dimension X (can be Eth or Flow) from playing the game.
We'll randomly pick a winner in the comments below.
Winner gets this bad boy.
https://t.co/FCRUsh331U
FlowFLOW #72
07 Sep 2023, 15:00
Gm to everyone #onFlow ๐
devs, founders, collectors, artists, gamers, brand new, or an OG - gm ๐ค
Gm to everyone #onFlow. devs, founders, collectors, artists, gamers, brand new, or an OG - gm.Gm to everyone #onFlow ๐
devs, founders, collectors, artists, gamers, brand new, or an OG - gm ๐ค
FlowFLOW #72
07 Sep 2023, 02:02
Join us in 12 hours, where we will be chatting with @StefanW1982 from @FormulaE_HV ! ๐๏ธ
Formula E: High Voltage harnesses blockchain technology so players can build, compete, win, & OWN their racing legacy. All officially licensed by @FIAFormulaE #OnFlow ๐
Set your reminders โคต๏ธ
Join us in 12 hours, where we will be chatting with @StefanW1982 from @FormulaE_HV .Join us in 12 hours, where we will be chatting with @StefanW1982 from @FormulaE_HV ! ๐๏ธ
Formula E: High Voltage harnesses blockchain technology so players can build, compete, win, & OWN their racing legacy. All officially licensed by @FIAFormulaE #OnFlow ๐
Set your reminders โคต๏ธ
FlowFLOW #72
06 Sep 2023, 16:10
Tomorrow is our 1 year anniversary of launching Dimension X on the @flow_blockchain
We'll have a special boss to celebrate our birthday and we'll be giving away a very special sidekick to players! Details to follow!
Huge thanks to our amazing community, @dapperlabs andโฆ
Tomorrow is our 1 year anniversary of launching Dimension X on the @flow_blockchain.Tomorrow is our 1 year anniversary of launching Dimension X on the @flow_blockchain
We'll have a special boss to celebrate our birthday and we'll be giving away a very special sidekick to players! Details to follow!
Huge thanks to our amazing community, @dapperlabs andโฆ
FlowFLOW #72
06 Sep 2023, 15:01
Dynamic Moments are live on @NFLALLDAY , making for a super exciting season ahead.
How do they make this possible using #Cadence on the @flow_blockchain ?
๐งต๐
Dynamic Moments are live on @NFLALLDAY , making for a super exciting season ahead.Dynamic Moments are live on @NFLALLDAY , making for a super exciting season ahead.
How do they make this possible using #Cadence on the @flow_blockchain ?
๐งต๐
FlowFLOW #72
05 Sep 2023, 23:26
Big Brands choose Flow
In the past two weeks, both Disney and Formula E have announced NFTs on Flow Blockchain
And they're joining a list of HUGE brands already on the network:
NBA
NFL
UFC
Mattel (Barbie, Hot Wheels)
Ticketmaster
LaLiga
AFL - Australia's top sporting leagueโฆ
Big Brands choose Flow. In the past two weeks, both Disney and Formula E have announced NFTs on Flow Blockchain.Big Brands choose Flow
In the past two weeks, both Disney and Formula E have announced NFTs on Flow Blockchain
And they're joining a list of HUGE brands already on the network:
NBA
NFL
UFC
Mattel (Barbie, Hot Wheels)
Ticketmaster
LaLiga
AFL - Australia's top sporting leagueโฆ
FlowFLOW #72
05 Sep 2023, 18:05
Making progress on the @Cryptoys mobile app ๐พ๐ฒ
Making progress on the @Cryptoys mobile app.Making progress on the @Cryptoys mobile app ๐พ๐ฒ
FlowFLOW #72
05 Sep 2023, 14:04
๐๏ธ
@FormulaE_HV is the first official Formula E game from @animocabrands coming soon #onFlow
Formula E joins NBA, NFL, Disney, Doodles, Barbie, and 1000+ more creators building on @flow_blockchain
Learn more on Thursday:
@FormulaE_HV is the first official Formula E game from @animocabrands coming soon #onFlow.๐๏ธ
@FormulaE_HV is the first official Formula E game from @animocabrands coming soon #onFlow
Formula E joins NBA, NFL, Disney, Doodles, Barbie, and 1000+ more creators building on https://t.co/9stEihZemU @flow_blockchain
Learn more on Thursday:
FlowFLOW #72
05 Sep 2023, 07:30
REVV up your engines, as Formula E is joining web3! ๐ช
This Tuesday at 7 PM HKT, join us at to discover more about the upcoming @FormulaE_HV game!
#web3 #racing #blockchaingaming
REVV up your engines, as Formula E is joining web3.REVV up your engines, as Formula E is joining web3! ๐ช
This Tuesday at 7 PM HKT, join us at https://t.co/a6ivq7Y8VB to discover more about the upcoming @FormulaE_HV game!
#web3 #racing #blockchaingaming
FlowFLOW #72
05 Sep 2023, 03:02
๐ฐ Weekly news recap for @flow_blockchain
August 28 - September 3
โ
Flowverse launched their 6th Treasures NFT New Code Poetry
โ
@Cryptoys announced Mickey Mouse, Minnie Mouse & Pluto digital toy collectibles on Flow
+ more... ๐งต๐
Weekly news recap for @flow_blockchain. August 28 - September 3. Flowverse launched their 6th Treasures NFT New Code Poetry.๐ฐ Weekly news recap for @flow_blockchain
August 28 - September 3
โ
Flowverse launched their 6th Treasures NFT New Code Poetry
โ
@Cryptoys announced Mickey Mouse, Minnie Mouse & Pluto digital toy collectibles on Flow
+ more... ๐งต๐
FlowFLOW #72
04 Sep 2023, 23:27
๐จ BREAKING: Formula E is coming to Flow! ๐๏ธ๐จ
Formula E: High Voltage is an officially licensed Formula E management simulator gaming experience
Brought to you by @animocabrands #onFlow
BREAKING: Formula E is coming to Flow.๐จ BREAKING: Formula E is coming to Flow! ๐๏ธ๐จ
Formula E: High Voltage is an officially licensed Formula E management simulator gaming experience
Brought to you by @animocabrands #onFlow
FlowFLOW #72
04 Sep 2023, 20:26
๐พ Play with @flow_blockchain
๐ Raise your Flowscore
๐ฐ Qualify for more $COLLAB
10 days left for the first air drop #onFLOW driven by onchain activity
Play with @flow_blockchain. Raise your Flowscore. Qualify for more $COLLAB.๐พ Play with @flow_blockchain
๐ Raise your Flowscore
๐ฐ Qualify for more $COLLAB
10 days left for the first air drop #onFLOW driven by onchain activity
FlowFLOW #72
04 Sep 2023, 17:08
Start your engines - Formula E is coming to the blockchain! ๐๏ธ๐ฌ๏ธ
Join us on Spaces this Thursday to learn all about the upcoming @FormulaE_HV game #onFlow โคต๏ธ
๐ Sept 7, 10am EST
๐ฃ๏ธ @StefanW1982 , Product director @animocabrands
Start your engines - Formula E is coming to the blockchain.Start your engines - Formula E is coming to the blockchain! ๐๏ธ๐ฌ๏ธ
Join us on Spaces this Thursday to learn all about the upcoming @FormulaE_HV game #onFlow โคต๏ธ
๐ Sept 7, 10am EST
๐ฃ๏ธ @StefanW1982 , Product director @animocabrands
FlowFLOW #72
04 Sep 2023, 11:29
๐๏ธ BAND's August 2023 Monthly Update is here!
๐ค Now Available On: @horizenglobal @flow_blockchain @arbitrum @sora_xor
๐ Learn more about BAND partners:
๐ฒ Dive into #bandvrf:
#bandprotocol $BAND
BAND's August 2023 Monthly Update is here. Now Available On: @horizenglobal @flow_blockchain @arbitrum @sora_xor.๐๏ธ BAND's August 2023 Monthly Update is here!
๐ค Now Available On: @horizenglobal @flow_blockchain @arbitrum @sora_xor
๐ Learn more about BAND partners: https://t.co/cVwLAlzpau
๐ฒ Dive into #bandvrf: https://t.co/fvDGERmjgF.
#bandprotocol $BAND
FlowFLOW #72
04 Sep 2023, 08:00
The history of @flow_blockchain is deep, and we have more transactional data history than any other platform #onFlow.
๐ Go try it out now, follow this link and enter your wallet's address at:
Let us know what you find.
The history of @flow_blockchain is deep, and we have more transactional data history than any other platform #onFlow.The history of @flow_blockchain is deep, and we have more transactional data history than any other platform #onFlow.
๐ Go try it out now, follow this link and enter your wallet's address at: https://t.co/s6XjMn3DMS
Let us know what you find.
FlowFLOW #72
03 Sep 2023, 02:25
๐ Less than 2 weeks left in the @flowverse_ ร @Collab_Land_ x @NBATopShot take over!
Qualify for the $COLLAB airdrop by raising your Flowscore with onchain activity before 9/14.
Learn more in the thread, or get your flowscore at
Less than 2 weeks left in the @flowverse_ ร @Collab_Land_ x @NBATopShot take over.๐ Less than 2 weeks left in the @flowverse_ ร @Collab_Land_ x @NBATopShot take over!
Qualify for the $COLLAB airdrop by raising your Flowscore with onchain activity before 9/14.
Learn more in the thread, or get your flowscore at https://t.co/7jxMdMrWaa
FlowFLOW #72
02 Sep 2023, 19:07
๐จ LESS THAN 1 HOUR LEFT ๐จ
Keep earning your way towards a new 1-of-300 Rare dynamic Moment in our FREE Daily Playbook.
Task 8 ends today at 4 PM ET.
โก๏ธ
LESS THAN 1 HOUR LEFT. Keep earning your way towards a new 1-of-300 Rare dynamic Moment in our FREE Daily Playbook.๐จ LESS THAN 1 HOUR LEFT ๐จ
Keep earning your way towards a new 1-of-300 Rare dynamic Moment in our FREE Daily Playbook.
Task 8 ends today at 4 PM ET.
โก๏ธ https://t.co/qOjEKE2V8h
FlowFLOW #72
02 Sep 2023, 14:27
Composability is what makes #DeFi great, and that's what gave #Ethereum the first mover advantage in #DeFi
and now its all going to get destroyed!
Why?
Here's what you must understand before swallowing the rollup and sidechain pill๐
What is composability?
Composability refers to the ability of different components within a system to interact and combine with one another seamlessly,
Composability ensures that the interfaces and APIs across various smart contracts are standardized and compatible, thereby facilitating seamless interaction,
much like modular building blocks in a well-designed system.
/SoorajKSaju/status/1697560266060243274/photo/1
Composability is what made DeFi on Ethereum great.
On the Ethereum L1, you could use a stablecoin from one dApp as collateral in a lending protocol of another dApp, then take the borrowed assets to a decentralized exchange for trading, all in a frictionless way.
The ability to "compose" services in this manner accelerates innovation because developers can leverage existing smart contracts and dApps to create new, more complex financial products and services.
This results in a more fluid and dynamic ecosystem, allowing developers to build upon existing services without reinventing the wheel.
Moreover, composability significantly reduces friction in transactions, enabling atomic swaps, flash loans, and other complex financial mechanisms that are executable within a single transaction block.
Why rollups are already destroying composability?
Rollups essentially compartmentalize transaction processing into separate layers.
/SoorajKSaju/status/1697560266060243274/photo/2 While transactions within a single Rollup can remain composable, interoperability between different Rollups or between Layer 1 and Layer 2 becomes more complicated.
This separation impedes the fluid movement of assets and information between different composability domains.
For eg: executing a multi-step transaction that spans multiple Rollups or between a Rollup and Ethereum's mainnet would require complex bridging mechanisms, adding friction and latency to processes that would be otherwise atomic on Layer 1.
โช๏ธRollups on Ethereum are centralized solutions.
The reliance on multi-sigs and specialized sequencers introduces additional layers of centralization and trust assumptions into the ecosystem, contrasting sharply with the decentralized ethos of Ethereum's Layer 1.
โช๏ธ Other L1s are taking different approach , but that also destroys composability.
Cardano tried to make #DeFi better. But as of now it uses too many off-chain systems, like batchers.
This breaks composability and makes you trust the system more than you should
/SoorajKSaju/status/1697560266060243274/photo/3 .
The recent @MuesliSwapTeam incident is a perfect example of the downsides of these off-chain solutions.
/Xerberus_io/status/1694848354763608327?s=20
Cardano has a sidechain roadmap and sidechains are even worse when it comes to composability.
They break composability and add more points where you have to trust the system.
Sidechains need complex bridging protocols to move assets across different sidechians and the Layer 1.
These bridges are often centralized solutions, which means adding more layers of potential failure or attack vectors, departing from the fully decentralized model of an L1.
โช๏ธ The Future of DeFi
The future of #DeFi is on a highly scalable L1 that enables atomic composability without compromising decentralization and one that does not add layers and layers of trust assumptions.
The #DeFi ecosystem on any L1 that fails to maintain these fundamental attributes is incontrovertibly on the path to obsolescence.
Composability is what makes #DeFi great, and that's what gave #Ethereum the first mover advantage in #DeFi.Composability is what makes #DeFi great, and that's what gave #Ethereum the first mover advantage in #DeFi
and now its all going to get destroyed!
Why?
Here's what you must understand before swallowing the rollup and sidechain pill๐
What is composability?
Composability refers to the ability of different components within a system to interact and combine with one another seamlessly,
Composability ensures that the interfaces and APIs across various smart contracts are standardized and compatible, thereby facilitating seamless interaction,
much like modular building blocks in a well-designed system.
/SoorajKSaju/status/1697560266060243274/photo/1
Composability is what made DeFi on Ethereum great.
On the Ethereum L1, you could use a stablecoin from one dApp as collateral in a lending protocol of another dApp, then take the borrowed assets to a decentralized exchange for trading, all in a frictionless way.
The ability to "compose" services in this manner accelerates innovation because developers can leverage existing smart contracts and dApps to create new, more complex financial products and services.
This results in a more fluid and dynamic ecosystem, allowing developers to build upon existing services without reinventing the wheel.
Moreover, composability significantly reduces friction in transactions, enabling atomic swaps, flash loans, and other complex financial mechanisms that are executable within a single transaction block.
Why rollups are already destroying composability?
Rollups essentially compartmentalize transaction processing into separate layers.
/SoorajKSaju/status/1697560266060243274/photo/2 While transactions within a single Rollup can remain composable, interoperability between different Rollups or between Layer 1 and Layer 2 becomes more complicated.
This separation impedes the fluid movement of assets and information between different composability domains.
For eg: executing a multi-step transaction that spans multiple Rollups or between a Rollup and Ethereum's mainnet would require complex bridging mechanisms, adding friction and latency to processes that would be otherwise atomic on Layer 1.
โช๏ธRollups on Ethereum are centralized solutions.
The reliance on multi-sigs and specialized sequencers introduces additional layers of centralization and trust assumptions into the ecosystem, contrasting sharply with the decentralized ethos of Ethereum's Layer 1.
https://t.co/Nafc8CUu1c
โช๏ธ Other L1s are taking different approach , but that also destroys composability.
Cardano tried to make #DeFi better. But as of now it uses too many off-chain systems, like batchers.
This breaks composability and makes you trust the system more than you should
/SoorajKSaju/status/1697560266060243274/photo/3 .
The recent @MuesliSwapTeam incident is a perfect example of the downsides of these off-chain solutions.
/Xerberus_io/status/1694848354763608327?s=20
Cardano has a sidechain roadmap and sidechains are even worse when it comes to composability.
They break composability and add more points where you have to trust the system.
Sidechains need complex bridging protocols to move assets across different sidechians and the Layer 1.
These bridges are often centralized solutions, which means adding more layers of potential failure or attack vectors, departing from the fully decentralized model of an L1.
โช๏ธ The Future of DeFi
The future of #DeFi is on a highly scalable L1 that enables atomic composability without compromising decentralization and one that does not add layers and layers of trust assumptions.
The #DeFi ecosystem on any L1 that fails to maintain these fundamental attributes is incontrovertibly on the path to obsolescence.
FlowFLOW #72
02 Sep 2023, 02:30
2 Big Milestones Were Reached Today๐พ
First, we're proud to say our own marketplace went over $500 000 in total $FLOW sales ๐ฐ
Second, this one is also quite significant since the token wasn't launched that long ago. But we've reached over 600 000 $DUST tokens burned ๐ฅ
( #onFlow , @flow_blockchain , @flowverse_ ) ๐
2 Big Milestones Were Reached Today. First, we're proud to say our own marketplace went over $500 000 in total $FLOW sales.2 Big Milestones Were Reached Today๐พ
First, we're proud to say our own marketplace went over $500 000 in total $FLOW sales ๐ฐ
Second, this one is also quite significant since the token wasn't launched that long ago. But we've reached over 600 000 $DUST tokens burned ๐ฅ
( #onFlow , @flow_blockchain , @flowverse_ ) ๐
FlowFLOW #72
01 Sep 2023, 22:41
๐ Let the celebration begin: Disneyโs Mickey and Friends Cryptoys drop in September!
3 characters x 5 rarities = 15 adorable designs. Are you excited?!
Create your free account today at
Let the celebration begin: Disney's Mickey and Friends Cryptoys drop in September.๐ Let the celebration begin: Disneyโs Mickey and Friends Cryptoys drop in September!
3 characters x 5 rarities = 15 adorable designs. Are you excited?!
Create your free account today at https://t.co/cDnaBdGCEv
FlowFLOW #72
01 Sep 2023, 16:29
Exciting news #onFlow this week!
๐ญ @Cryptoys partnership with @Disney to launch the Mickey Mouse and Friends collection.
๐ @flow_blockchain is making waves at the #GoogleCloudNext event by taking over the Startup Lounge.
๐ @flovatar has achieved two impressive milestonesโฆ
Exciting news #onFlow this week. @Cryptoys partnership with @Disney to launch the Mickey Mouse and Friends collection.Exciting news #onFlow this week!
๐ญ @Cryptoys partnership with @Disney to launch the Mickey Mouse and Friends collection.
๐ @flow_blockchain is making waves at the #GoogleCloudNext event by taking over the Startup Lounge.
๐ @flovatar has achieved two impressive milestonesโฆ
FlowFLOW #72
31 Aug 2023, 21:26
Get an early look at the new Block Explorer #onFlow ๐
The @flowdiverIO platform letโs you dive into transactions, check out network activity, and learn more about the Flow blockchain.
We canโt wait for the full release of Flow Diver, coming later this year ๐
Get an early look at the new Block Explorer #onFlow.Get an early look at the new Block Explorer #onFlow ๐
The @flowdiverIO platform letโs you dive into transactions, check out network activity, and learn more about the Flow blockchain.
We canโt wait for the full release of Flow Diver, coming later this year ๐
FlowFLOW #72
31 Aug 2023, 19:33
The @Hot_Wheels Series 6 drop #onFlow is now live!
These packs are the only opportunity to land NFTs of iconic Hot Wheels like the Jeep Wagoneer - in some of the lowest quantities ever for any of their cars ๐๏ธ
Jump in & start your engines โคต๏ธ
The @Hot_Wheels Series 6 drop #onFlow is now live.The @Hot_Wheels Series 6 drop #onFlow is now live!
These packs are the only opportunity to land NFTs of iconic Hot Wheels like the Jeep Wagoneer - in some of the lowest quantities ever for any of their cars ๐๏ธ
Jump in & start your engines โคต๏ธ
FlowFLOW #72
31 Aug 2023, 14:59
The Hot Wheels NFT Garage Series 6 officially opens today at 9am PT.
Collect or trade virtual collectible pieces of the Hot Wheels NFT Garage Series 6 collection, powered by @Rarible available at:
The Hot Wheels NFT Garage Series 6 officially opens today at 9am PT.The Hot Wheels NFT Garage Series 6 officially opens today at 9am PT.
Collect or trade virtual collectible pieces of the Hot Wheels NFT Garage Series 6 collection, powered by @Rarible available at: https://t.co/4R4VR8nz0Y.
FlowFLOW #72
31 Aug 2023, 05:57
Introducing SWIRL's official demo๐
Make nametags with your PFP๐ฏโโ๏ธ
Shake and Swirl in IRL๐ฒ
@flow_blockchain was best fit for our product๐ Especially, our UI goes perfectly well with @doodles ๐
#GoWithTheFlow #Web3
Introducing SWIRL's official demo. Make nametags with your PFPโ. Shake and Swirl in IRL.Introducing SWIRL's official demo๐
Make nametags with your PFP๐ฏโโ๏ธ
Shake and Swirl in IRL๐ฒ
@flow_blockchain was best fit for our product๐ Especially, our UI goes perfectly well with @doodles ๐
#GoWithTheFlow #Web3
FlowFLOW #72
30 Aug 2023, 20:22
FlowFLOW #72
30 Aug 2023, 04:01
what happens when i use a beta pass to make a @doodles 2......
if you found this useful please like and share
follow for more videos
what happens when i use a beta pass to make a @doodles 2. if you found this useful please like and share.what happens when i use a beta pass to make a @doodles 2......
if you found this useful please like and share
follow for more videos
FlowFLOW #72
29 Aug 2023, 20:37
Mobile is the future for Web3.
Which is why, partnering with @QuickNode , we put up $50k in prizes for the mobile track in the #FlowToTheFuture hackathon!
The winners, coming to a phone near you, are...
๐ฅ SWIRL
๐ฅ NUPY
๐ฅ FlowTransfer
๐
Legends of Flow
๐
Mevota
Details โคต๏ธ
Mobile is the future for Web3.Mobile is the future for Web3.
Which is why, partnering with @QuickNode , we put up $50k in prizes for the mobile track in the #FlowToTheFuture hackathon!
The winners, coming to a phone near you, are...
๐ฅ SWIRL
๐ฅ NUPY
๐ฅ FlowTransfer
๐
Legends of Flow
๐
Mevota
Details โคต๏ธ
FlowFLOW #72
29 Aug 2023, 15:17
๐จ SWEEPSTAKES ALERT! ๐จ
Youโve shown us soooo much love & excitement for our @Disney Mickey and Friends Cryptoys drop, so...
Weโre giving away a 20-Toy Pack (!!!) and five 5-Toy Pack prizes to our fam. ๐
To enter, register your email & opt in here
SWEEPSTAKES ALERT. You've shown us soooo much love & excitement for our @Disney Mickey and Friends Cryptoys drop, so.๐จ SWEEPSTAKES ALERT! ๐จ
Youโve shown us soooo much love & excitement for our @Disney Mickey and Friends Cryptoys drop, so...
Weโre giving away a 20-Toy Pack (!!!) and five 5-Toy Pack prizes to our fam. ๐
To enter, register your email & opt in here https://t.co/TWEtqXXFZF
FlowFLOW #72
29 Aug 2023, 04:23
๐ฐ Weekly news recap for @flow_blockchain
August 21 - 27
โ
Flow to the Future hackathon winners were announced
โ
@doodles x @Crocs collection launches this week
+ more... ๐งต๐
Weekly news recap for @flow_blockchain. August 21 - 27. Flow to the Future hackathon winners were announced.๐ฐ Weekly news recap for @flow_blockchain
August 21 - 27
โ
Flow to the Future hackathon winners were announced
โ
@doodles x @Crocs collection launches this week
+ more... ๐งต๐
FlowFLOW #72
28 Aug 2023, 22:51
Join us for the ultimate event - the @flow_blockchain Trade-a-thon this Wednesday ๐
- 6-hour livestream, 6 panels
- connect with collectors, trade flow NFTs
- win prizes
keep reading for more exciting details ๐๐งต
Join us for the ultimate event - the @flow_blockchain Trade-a-thon this Wednesday. - 6-hour livestream, 6 panels.Join us for the ultimate event - the @flow_blockchain Trade-a-thon this Wednesday ๐
- 6-hour livestream, 6 panels
- connect with collectors, trade flow NFTs
- win prizes
keep reading for more exciting details ๐๐งต
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