What is Flare?

Flare is a blockchain platform designed to bring smart contract capabilities to networks that do not natively support them, starting with the XRP Ledger. It utilizes the Federated Byzantine Agreement (FBA) consensus protocol to enable the execution of smart contracts and decentralized applications (DApps) on blockchains that lack such functionality.

How does Flare work?

Flare works by integrating with blockchains like the XRP Ledger to introduce smart contract capabilities. It uses the Federated Byzantine Agreement (FBA) consensus protocol, which involves a set of nodes agreeing on the state of the network through a voting mechanism. This allows Flare to securely execute smart contracts and support decentralized applications (DApps) on blockchains traditionally limited in functionality.