Flare is a Layer-1 blockchain built to provide data connectivity across multiple chains. Its main pitch? Allow non-smart-contract assets—like Bitcoin and XRP—to interact with dApps via smart contracts. It uses a unique combination of the Flare Time Series Oracle (FTSO) and State Connector technologies to bring real-world and blockchain data onto the network.
Here’s what makes it different:
For crypto users who want more out of legacy assets like BTC or XRP, Flare introduces new options without sacrificing decentralisation or security.
Here’s a potential outlook if crypto continues its upward momentum:
Much depends on below 2 factors
Flare isn’t a quick-pump coin. It’s an infrastructure play. But if crypto’s future lies in bridging old and new assets, FLR may quietly become one of the most useful Layer-1s around.
Share
Content