Flow Will Participate in the ETHGlobal Taipei Event Scheduled from April 4 to April 6

The event offers $10,000 in total bounties, including $6,000 for the killer app.

Flow will be participating in the ETHGlobal Taipei event, taking place from April 4th to April 6th. The event offers a total of $10,000 in bounties, with $6,000 specifically for the killer app.

Flow is a high-throughput blockchain designed by Dapper Labs for a new generation of games, apps, and the digital assets that power them. It is fast, decentralized, and developer-friendly.

Flow is designed as a multi-role blockchain, in contrast to the single-role architecture of blockchains like Ethereum. In the ETH blockchain, all nodes perform the same tasks, leading to limitations in throughput. To enable high throughput without sacrificing decentralization, ETH uses a proof-of-work (PoW) model, which is known for being slow and high-cost.

Flow, on the other hand, employs a novel multi-level consensus architecture and separates nodes into different roles to perform distinct functions, improving efficiency. It also provides low-cost interaction for developers and users.

The Flow blockchain is governed by its token holders, who can vote on proposals to change the chain. FLOW tokens are used to pay transaction fees within the Flow network and can be staked to earn rewards.