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12789663 No.12789663 [Reply] [Original]

FLO is a 'fair launch' (no ICO, no premine) PoW coin for decentralized metadata storage. It was created in 2013 and is currently one of the 10 oldest surviving cryptocurrencies. It's used by:
- Teton County and Medici Ventures for recording land title registry data (https://www.coindesk.com/wyoming-county-moves-to-put-land-records-on-blockchain))
- Caltech for it electron tomography database (https://etdb.caltech.edu/about))
- tZERO to record transaction data as part the world's first STO exchange (https://www.tzero.com/))
- Alexandria to assign and manage contents licensing (https://www.alexandria.io/))

Reasons for using the FLO blockchain:
1. floData is accessible and easy to read. You don't need to decompile a smart contract or have a special software to read it. It's in plaintext on the chain. This helps with auditing and explaining how it works to regulators. Any extra steps are a barrier to adoption.
2. floData is easy to write. It is appended to the blockchain using a simple RPC command. This makes maintaining the software around the solution less costly.
3. FLO is a fairly launched blockchain with no premine or ICO. Again, this helps for practical regulatory reasons, but also is a philosophical choice made by those who maintain the software. It guides the decision making for our software and also allows those implementing it to check off a box they couldn't check using another chain without those features.
4. FLO is secured by proof of work. This is arguably the best security a network can get, requiring actual buy in of physical devices and constant operational cost in both manpower and electric power.

>> No.12789671

5. FLO has open source software built on top of it (OIP) that can be used for building more advanced applications (this is how etdb.caltech.edu became a thing).
6. FLO transactions are cheap and fast. This will always be the case - we will likely increase block size as the network grows.
7. FLO's main use-case is floData, unlike other chains who support complex smart contract languages and operations unrelated to storing data. Sometimes it's best to use a tool that's meant to perform best at a single job rather than bringing around a Swiss army knife and using it for only 1 of its functions.

FLO and its relationship to the Open Index Protocol
OIP stores all of the "Metadata" about Artifacts in Transaction Comments on the Florincoin Network. This metadata is the JSON schema. It includes things like Title, Description, Payment Information, File Location on Network (IPFS/Other), and File Information.

Open Index Protocol (OIP) is a specification for a worldwide database for decentralized publishing, distribution and payments. OIP uses distributed networking and peer-to-peer technology to operate with no central authority: content indexing, file storage/distribution and transaction management are carried out collectively by the network.

>> No.12790032
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12790032

>>12789663
>>12789671
FLO (from Latin anus meaning "ring", "circle")[1][2] is the external opening of the rectum. Two sphincters control the exit of feces from the body during an act of defecation, which is the primary function of the anus. These are the internal anal sphincter and the external anal sphincter, which are circular muscles that normally maintain constriction of the orifice and which relaxes as required by normal physiological functioning. The inner sphincter is involuntary and the outer is voluntary. It is located behind the perineum which is located behind the vagina in females and behind the scrotum in males.

With anal sex, the anus can play a role in sexuality. Attitudes towards anal sex vary and it is illegal in some countries.[3] The anus is often considered a taboo part of the body,[3] and it is known by a large number of usually vulgar slang terms. The anus is also the site of potential infections and other conditions, including cancer.[citation needed] The traditional polite synonym for anus was fundament, though this euphemism is rarely heard now that medical terms are widely acceptable.

>> No.12790045

flo pump and dump round 2?

fuck off twu

chx btfo's flo

>> No.12790193

https://themerkle.com/what-is-flo-blockchain/

Once tZero picks up in trading volume and security token offerings start don't say you weren't warned.

>> No.12790542
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12790542

hey FLO. You cute. wanna fuk?

>> No.12791322

https://www.coindesk.com/tzero-is-live-but-volume-is-light-and-its-tokens-price-is-down-sharply

This is the most recent coindesk article about the hyped "tZero" project

>> No.12791539

https://twitter.com/nulltxnews/status/1097562375798943749

>> No.12792648

That marslander22 retard got so fucked it's not even funny. He dumped all his bags thinking that people would follow him and sell into his 2M order at 600sat

REKT, bitch! Electrum, Trezor, OIP launch Q1, Medici closing even more deals, Overstock launching even more products based on the FLO blockchain

You can't stop this bull run