On Friday we announced that Litecoin (LTC) will be integrated as an F-Asset on the Flare Network at launch. This post is intended both as a guide for anyone new to Flare and as specific information for Litecoin holders. For those familiar with Flare, jump to the bottom to see…
Breaking down the Flare Time Series Oracle. How price data is formed on Flare.…
After a week of analysis with Flare's partners, XRPLORER and Towo Labs, the XRP: FLR claim ratio can now be set out. Claim formula:The claim formula below sets out the amount of Spark that an XRP holder can expect to receive in total. $$\text{Spark claimable} = \frac{\text{XRP…
See Full SizeNotes: Snapshot date: 12/12/20 Specifically the first finalised XRP Ledger on Dec 12 using UTC time. This date fixes all the XRP balances to each account. The amount of Spark you can claim depends ONLY on your XRP balance at the time of the snapshot. It…
Additional Information on the Spark Distribution…
A proposal on how to issue and redeem assets from Flare on the XRP Ledger in a Trustless manner.Objective. Currently very few assets on the XRP Ledger can be said to be trustless. Almost all Issued Currencies (IC’s), often referred to as “IOUs”, are dependent on the issuer…
We've been amazed at the amount of interest in Flare over the past few days! Since announcing the process for preparing your XRPL account to receive Spark on Friday, there has been over 295 million XRP contained in XRPL accounts that have set their accounts to receive the Spark token.…
Trustlessly using XRP on Flare. Creating and redeeming FXRP on Flare.…
Today we are delighted to make our detailed plans for the deployment of the Flare Network public. These plans can be fully explored by diving into our draft white papers covering the Network and its native token, Spark (here) and the trustless integration of XRP with Flare (here). The papers…
Today we are excited to announce the launch of the Coston, the Flare Test Network named in remembrance and celebration of a great inventor, Martha J. Coston (1826-1904).…