Crypto Features: FLR Spark tokens
Finally….someone who can explain the Flare Network in a video that isn’t 1 hr long… True evidence of genius.
Flare Network with its native asset Spark (FLR) is scheduled for launch between June-July 2021. Flare uses the Ethereum Virtual Machine for smart contract functionality and a similar consensus algorithm as the XRP Ledger. Spark is designed to bring utility to Flare, through collateralization of assets, data provision, governance and spam prevention via transaction fees.
Flare Unveils Plan To Send 100,000,000,000 Spark Tokens to XRP Holders in Massive Airdrop
Flare Network’s much-anticipated airdrop to XRP holders appears to be set in stone, with a final plan for distribution confirmed.
Flare, which has planned for months to airdrop Spark (FLR) tokens to holders of XRP, is for the first time outlining how the distribution will happen.