Is Flow crypto a good investment?

This article is not investment advice. Anyone looking to invest should do their own research and proceed with caution. For believers in Flow — i.e. that its user base will continue to grow as it deliver popular consumer-focused DApps — the FLOW coin might be a good investment.

Flow coin or FLOW is the native cryptocurrency that powers the Flow blockchain. The coin is used to pay network validators for processing transactions in a secure and decentralized manner. The coin also functions as a medium of exchange between Flow users and within Flow-based applications.

Does Flow coin have a future?

While FLOW has fallen substantially in price from its 2021 highs, the momentum of development on the Flow blockchain suggests the FLOW coin could have a future as a major cryptocurrency.

Is the Flow blockchain on Ethereum?

Flow is its own layer-1 blockchain. It operates independently and has nothing to do with Ethereum.

Is Flow an L1 blockchain?

Flow is an independent, decentralized layer-1 blockchain. It is powered by over 400 separate node operators. The network is secured via a proof-of-stake validation mechanism, making it more energy efficient than proof-of-work layer-1 chains, like Bitcoin.

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Joel Frank

Since graduating with a degree in economics in the UK in 2018, Joel has worked as a financial market/cryptocurrency analyst. Joel firmly believes that emerging crypto technology will transform the world for the better through the facilitation of decentralization.