Flow, the decentralized and user-friendly blockchain developed by Dapper Labs, is gearing up for a meetup in Cannes on July 4th. The event is scheduled from 07:30 to 10:00 UTC and will introduce the Ethereum Community Conference (EthCC). The gathering will explore prevailing trends in the crypto space, offer an opportunity to connect with the Flow team, and usher in the ETHGlobal hackathon.
Flow, unlike Ethereum’s proof-of-work (PoW) model, operates on an innovative multi-level consensus architecture, achieving high throughput without compromising on decentralization. This model differentiates various network nodes to perform distinct functions, thereby enhancing efficiency.
Flow is designed to provide low-cost interactions for both developers and users, making it an ideal blockchain for social and entertainment applications. The Flow (FLOW) token serves as the primary utility token of the Flow blockchain and can be used for network governance, transaction fee payments within the Flow network, and staking.
