- There are different scalability challenges in blockchain. Such as limited scalability, resource requirements, and increased complexity, along with the lack of interoperability.
- Different challenges result in slower transaction speeds and higher fees.
The flow blockchain represents a groundbreaking solution in the world of cryptocurrencies and decentralized applications (dApps). This is something that was developed by Dapper Labs, which is the creator of renowned blockchain games that include Cryptokitties. Also, Flow was born out of necessity just to address a critical challenge faced by early NFT projects.
Flow is a very highly specialized blockchain platform that is engineered to overcome different limitations of traditional blockchains, including Cryptokitties and NBA Top Shot. Flow is also something that is designed to focus specifically on accommodating the needs of NFT collectibles and different crypto games.
If we look at its depth, Flow represents a fundamental departure from conventional blockchain architecture. Its creation is also necessitated by the experience of the Dapper Labs team, who encountered severe scalability issues when their the Cryptokitties game became an overnight sensation on the Ethereum blockchain in the year 2017.
Ethereum is also something that is a prominent blockchain platform that struggles to cope with the surge in activity generated by Cryptokitties. Dapper Labs is also the one that took on the challenge head-on by envisioning a blockchain platform that could very effectively address these challenges.
How Does the Flow Blockchain Work?
The flow is something that operates on the foundation of a robust consensus mechanism that is known as Proof of Stake (PoS). This is also the mechanism that entails validators staking a predetermined quantity of FLOW tokens to partake in the network’s operations and decision-making processes.
However, here, it is very important to note that what sets Flow apart is nothing but the intricacy of the entire validation process, which is a distinguishing feature in the world of blockchain. Later, the validation process of Flow is something that is a very well-structured orchestration of four various types of nodes that include consensus, execution, validation, and collection.
All these nodes are the ones that collaboratively undertake the particular task of validating each transaction on the network. It is observed that the consensus nodes take on the pivotal responsibility of determining the order and presence of transactions. But, on the other hand, verification codes diligently cross-verify the information that is supplied by execution nodes and ensure the accuracy and integrity of the data processed. Now, another notable feature of Flow is its ultimate support for upgradeable smart contracts.
Conclusion
The Flow blockchain is the one that is developed by Dapper Labs, pioneers of NFTs and crypto gaming. It is also something that arose to tackle Ethereum’s scalability issues that hindered early NFT projects. Also, Flow’s specialty is something that lies in interactive crypto experiences and is clear in partnerships with the NBA, UFC, CNN, and more.
 consensus. Learn how it tackles Ethereum’s limitations for NFTs and crypto gaming.){kind=link}