After showing the world what was capable through CryptoKitties, the Flow team has built up a whole new blockchain for a new generation of games, apps, and the digital assets that power them. As NFTs and blockchain-powered games get more attention, Flow will undoubtedly play a central role. We are thrilled to see how quickly Flow will bring blockchain-powered applications and assets to mainstream users.
Frequently Asked Questions
Here are answers to some of the questions our community has asked us. Get in touch if there’s more you would like to know.
Flow is a fast, decentralized, and developer-friendly blockchain, designed as the foundation for a new generation of games, apps, and the digital assets that power them. It is based on a unique, multi-role architecture, and designed to scale without sharding, allowing for massive improvements in speed and throughput. Flow’s mainnet has launched in December 2020. To learn more, please see their technical papers.
New blocks on Flow are proposed by validators. To enable Flow to run seamlessly, validators need the technical capabilities to offer a secure, always on infrastructure.
Not everyone is able to do this. Some token holders participate indirectly by delegating the tokens they have to a validator. Validators are running a service for delegators. They typically charge a fee to cover their operational costs.
Flow is able to significantly increase throughput by splitting the roles a single validator or node would handle on the network. Flow has 4 types of validators: Collection, Consensus, Execution, and Verification nodes.
stakefish runs a Consensus node, which is in charge of forming and proposing blocks on Flow. To learn more, visit their Node Operator Roles page.
By delegating FLOW, you help secure the network. You get part of the rewards provided by the protocol for this assistance. If you are planning to hold on to FLOW for some time, delegating will help you accumulate more FLOW while contributing to the health of the network.
You are not giving away ownership of FLOW by delegating. As a validator, stakefish will never have the ability to move your FLOW.
We charge 8% from the block rewards received by our delegators. For example, if a delegator receives 100 FLOW as a reward, stakefish will receive 8 FLOW while the delegator will get 92 FLOW.
If you have any questions about staking or our validator services, please do not hesitate to reach out to us. We are happy to talk with anyone and help navigate community members through this exciting new ecosystem.Get in Touch