What is Flare?
FLR is the native token for Flare, a distributed blockchain network and smart contract platform utilizing the Avalanche consensus protocol, compatible with the Ethereum Virtual Machine while conforming to the Federated Byzantine Agreement (FBA). FBA consensus protocols do not rely on economic mechanisms to secure the network. The Spark Dependent Application model serves as a blueprint for building applications on Flare. The Flare Network provides a Turing complete smart contract platform, based on the Avalanche protocol, in a FBA setting to enable a scalable, safe and decentralized network, freed from the constraints and safety conflicts of utilizing economic methods to prevent Sybil attack.
