“Flow is a blockchain built for the next generation of apps, games, and the digital assets that power them”
As the above quote suggests, Flow is a new, innovative and secure blockchain designed for Web3.
Great UX and developer tools make this blockchain exceptional at empowering users and supporting great experiences at huge scales. It was originally created by the team behind CryptoKitties, but it eventually grew to something bigger and greater. Today we can say that Flow is a “decentralized network supported and built on by a growing community of brands and Web3 builders”.
The core of the Flow architecture is separating consensus from compute, which means that, the selection and ordering of transactions are performed independently from their execution. Flow’s approach aims to achieve scaling “via separation of concerns, i.e., better utilization of network resources, rather than sharding”. This enables Flow to achieve a higher throughput without the loss of security and decentralization.
Some of the great developer features include:
“Minting an NFT on Flow costs less carbon than a post on a social networking site!’’
Flow succeeds at maintaining environmental friendliness without sharding or “layer 2’’ by using an improved HotStuff Proof of Stake consensus mechanism and adding a unique multi-node architecture.
If you wish, you can explore a list of the top projects currently on the Flow Blockchain here https://www.flowverse.co/
If you want to explore Flow, you can use the links below:
https://flowscan.org/ , https://flow.bigdipper.live/
How to setup Flow wallet
Head to https://portto.com/ and in the top right corner click on Wallet Download. The app is only available through the Google Play store and iOS AppStore so clicking the links will take you directly to the respective download page of Blocto Wallet app. After you download the app, you will need to create an account.
After you have successfully completed the above steps, you can proceed to purchase the token and use it in the many projects this ecosystem has to offer.
How to buy Flow token
There are a few ways to buy Flow, through an Exchange or via Metamask. Below you will find the list of Exchanges that offer the Flow token.
Option 1: Buying through Metamask / Uniswap
You can buy Flow straight from your Metamask, just use their mobile app browser option and head to Uniswap - https://app.uniswap.org , select the token you want to swap to by pressing the “select a token” button and then search for WFLOW. You will need to import the token, so please make sure that the token address matches the contract address on Etherscan to avoid any chance of buying the wrong one:
https://etherscan.io/token/0x5c147e74D63B1D31AA3Fd78Eb229B65161983B2b
Once imported, proceed to swap your tokens for WFLOW. You will need to confirm the transaction in your Metamask and wait for it to process. After that proceed to swap the tokens. If you do not have WFLOW token in your wallet, you can import it using the contract address above.
Once you have your tokens in your Metamask wallet, you will then need to teleport them via BloctoSwap. Head over to https://swap.blocto.app and sign in with your Blocto wallet account. Make sure to also connect your Metamask, using the Connect Wallets button, located on the Teleport section of the page.
Afterwards, select the tokens you want to teleport, WFLOW > FLOW, and approve the transaction. You will get a confirmation once it is processed. You will then need to click the Teleport button and approve to successfully teleport your tokens.
After a few minutes you should be able to see FLOW in your Blocto Wallet app.
To use Flow with all of the different project on the blockchain, head to Flow Port — https://port.onflow.org/ and login with your Blocto Wallet account. Here you will be able to interact and use your flow with all the different projects built on the ecosystem.
Option 2: Buying from an Exchange
This is a more simple and straight forward process. Upon deciding which Exchange you want to use, you can proceed to buy the token on the Spot market. Once completed, just follow the Exchange’s withdraw process and withdraw straight to your Blocto Wallet’s address. You can now proceed to Flow Port — https://port.onflow.org/ to use your tokens as you wish.
More information on Flow can be found on:
https://www.onflow.org/technical-paper
“Disclaimer: This article is not trading or investment advice. The above article is for informational and educational purposes only. Please do your own research before purchasing or investing in any cryptocurrency or digital asset.”
