What is the concept of flow currency (Chinese name for flow currency)
What is the concept of flow coin? Flow coin is a part of the Flow ecosystem. Flow is a decentralized cross chain transaction protocol executed by smart contracts in blockchain. It will allow users to freely send, receive, and pay funds without any third party. In addition, Flow also helps users manage their tokens through a feature called ‘liquidity pool’. Due to the unique nature of this project, which is completely open and transparent, it is easy to achieve the goal of interoperability and accessibility that all participants can use. (Medium)
Chinese name of flow coin
According to official information, the Chinese name of flow coin is Flow, and its full English name is Flow. The total issuance amount of Flow coins is 10 billion, with an initial circulation of 3 million (i.e. a reduction in production every 4 years). Future development directions include ecological construction, decentralized storage, and community governance. Flow token was jointly launched by Bitmain and Wave Field Foundation at the end of 2017, with a market value of about $20 million, and has been launched on OKEx Exchange. It is reported that Flow will use blockchain technology to achieve cross chain interoperability and programmable economic models, and build an open financial system with scalability and secure underlying technology.
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