- Genesis has occurred on Flare Network and is open for builders and developers.
- The platform provides safe and secure decentralized applications.
- Flare Network Genesis protects users from the risk of CeFi failures.
Layer-1 blockchain platform Flare Network recently announced that Genesis has occurred for its platform and is ready to accept builders and developers, with an important upcoming adoption program in August 2022.
Flare is a powerful new blockchain with the first new consensus protocol for external data. Decentralized applications on Flare can safely and trustlessly acquire and use information from other blockchains and real-world data sources, solving the oracle problem, and opening the door to a new era of utility.
Specifically, the platform also allows for decentralized and insured multilateral bridging, cross-chain relay and insured cross-chain relay, Web2 to Web3 composability, and a secure fully interoperable multichain solution.
To signify, the network has entered a minimum 8-week observation period to reach sufficient decentralization ahead of the pu ...