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Flare is a blockchain platform designed to enhance the interoperability of blockchain networks while offering advanced smart contract capabilities. Originating from a novel concept of integrating the Ethereum Virtual Machine (EVM) with the consensus mechanism based on the Federated Byzantine Agreement (FBA), Flare aims to leverage the XRP Ledger’s ecosystem. Its unique architecture facilitates seamless communications between different blockchains through the State Connector and Time Series Oracle, enabling decentralised applications (dApps) to efficiently function across multiple networks. Flare is characterised by its capacity to unlock the value of non-Turing complete chains, thereby enriching the utility of digital assets beyond native networks. With scalability and low transaction fees as key features, Flare is positioned to transform the landscape of programmable money and decentralised finance (DeFi) applications.
