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Crypto Scout
About FLOW
FLOW is a cryptocurrency that serves as the native asset of the Flow blockchain. The Flow blockchain is a new generation blockchain built to support decentralized applications and digital assets. It was created by Dapper Labs, the company behind popular blockchain-based applications such as CryptoKitties and NBA Top Shot.
The FLOW token has several use cases within the Flow ecosystem. It is used to pay for transaction fees on the network, as well as to participate in staking and governance of the network. FLOW token is also the primary currency for buying, selling, and trading digital assets on the Flow network.
One of the key features of the Flow blockchain is its ability to support non-fungible tokens (NFTs) at scale. NFTs are digital assets that are unique and indivisible, such as digital art, collectibles, and game items. The Flow blockchain is designed to enable developers to build and deploy NFT-based applications with high throughput, low fees, and a user-friendly experience.
FLOW token is built on its own blockchain and is not interoperable with other blockchains. However, it can be stored in any wallet that supports ERC-20 tokens, as FLOW uses the same cryptographic principles as ERC-20 tokens.
- BingX Trading Symbol: FLOW USDT
- Flow Market Data: https://bingx.com/en-us/prices/flow/
About Klaytn KLAY
KLAY is a cryptocurrency that serves as the native asset of the Klaytn blockchain. The Klaytn blockchain is a platform for building decentralized applications and services, developed by the South Korean internet company, Kakao.
The KLAY token has several use cases within the Klaytn ecosystem. It is used to pay for transaction fees on the network, as well as to participate in staking and governance of the network. KLAY token is also the primary currency for buying, selling, and trading digital assets on the Klaytn network.
One of the key features of the Klaytn platform is its ability to support enterprise-level blockchain applications. The platform is designed to provide high performance, scalability, and reliability, making it suitable for use cases such as supply chain management, financial services, and gaming.
KLAY token is built on its own blockchain and is not interoperable with other blockchains. However, it can be stored in any wallet that supports ERC-20 tokens, as KLAY uses the same cryptographic principles as ERC-20 tokens.
- BingX Trading Symbol: KLAY USDT
- KLAY Market Data: https://bingx.com/en-us/prices/klaytn/
About Zilliqa
Zilliqa is a high-throughput, scalable blockchain platform that uses sharding to improve transaction throughput and reduce network congestion. It was founded in 2017 by a team of academics and entrepreneurs, and it launched its mainnet in January 2019.
One of the key features of Zilliqa is its use of sharding, which involves breaking the network into smaller groups of nodes, or shards, each of which can process transactions in parallel. This allows Zilliqa to process a larger number of transactions per second compared to traditional blockchain platforms, making it well-suited for high-throughput applications like gaming, social media, and financial services.
Zilliqa also uses a consensus mechanism called practical Byzantine fault tolerance (pBFT), which allows it to achieve fast transaction finality and high levels of security. It has its own native cryptocurrency called ZIL, which is used to pay for transaction fees and to incentivize network participants.
BingX Trading Symbol: ZIL USDT
ZIL Market Data: https://bingx.com/en-us/prices/zilliqa/
