Cryptocurrency Q&A
Is flare built on XRP Ledger?
Is flare built on XRP Ledger?
Michele
Wed Jun 19 2024
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7 answers
1400
Could you please clarify if Flare is indeed constructed upon the foundation of the XRP Ledger? I'm interested in understanding the technological architecture behind Flare and how it interacts, if at all, with the XRP Ledger. Could you elaborate on this aspect and provide any relevant details or insights? Your explanation would greatly assist me in comprehending the relationship, if any, between these two technologies.
7 answers
mia_anderson_painter
Fri Jun 21 2024
Flare's inception aimed at enhancing smart contract capabilities for networks devoid of such functionalities, specifically targeting Ripple's XRP Ledger.
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Valentina
Thu Jun 20 2024
Additionally, Flare envisioned a future where the XRP token could be utilized across multiple networks, fostering cross-chain interoperability.
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Valentina
Thu Jun 20 2024
This interoperability would not only expand the reach of XRP but also enhance its utility and liquidity within the broader cryptocurrency ecosystem.
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HanRiverVisionaryWaveWatcher
Thu Jun 20 2024
The whitepaper centered on Flare's potential to elevate the XRP Ledger's utility, exploring methods to integrate advanced functionalities and interoperability.
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CryptoLordess
Thu Jun 20 2024
Flare's proposed solutions aimed to expand the scope of the XRP token, beyond its initial use cases, by introducing smart contract capabilities.
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