web3.0Flow Unveils Crescendo Upgrade, Launches Community Rewards Program, and Announces World Tour
Flow has recently introduced its Crescendo upgrade, a significant development designed to enhance Web3 capabilities by achieving Ethereum Virtual Machine (EVM) equivalence.
Flow, a layer-1 blockchain designed for Web3 experiences, has announced the Crescendo upgrade, a major development that brings Ethereum Virtual Machine (EVM) equivalence to the network. This enhancement aims to facilitate seamless multi-chain interoperability, enabling a diverse range of next-generation applications to be built on Flow.
Currently hosting major brands like Ticketmaster, NBA Top Shot, and the NFL, as well as crypto entities such as Alchemy, Izumi, and Moonpay, Flow is validated by over 400 nodes, including those operated by Google and other prominent Fortune 500 companies.
Enhancing Network Scalability and Security
The Crescendo upgrade is designed to enhance Flow’s network scalability, security, and decentralization. It integrates a fully equivalent EVM environment within Flow’s native Cadence environment, allowing EVM-only applications to operate seamlessly on Flow as if they were on any other EVM chain.
This integration also enables the direct use of code and tokens from the EVM within Flow, ensuring that any smart contract compatible with Ethereum or an EVM-compatible Layer 2 solution will function on Flow without requiring modifications. Additionally, Crescendo maintains backward compatibility with ERC-20 and ERC-721 standards for fungible and non-fungible tokens, respectively.
Developer Flexibility and Advanced Features
The upgrade empowers developers to enhance their applications with unique features specific to Flow by utilizing Cadence, Flow’s native programming language. These features include secure element-based key generation for user accounts, on-chain randomization, and scriptable actions within transactions without the need for smart contracts. The upgrade provides developers with a robust toolkit to create secure and scalable applications on Flow.
Flow’s Growth and Ecosystem Benefits
Dieter Shirley, co-creator and chief architect of Flow, expressed enthusiasm about the Crescendo upgrade’s potential to unlock significant efficiency and utility enhancements. He noted that the upgrade positions Flow as a leading ecosystem for on-chain experiences by simplifying the development process for EVM builders and facilitating seamless asset movement between Flow and other EVM-compatible ecosystems. Shirley highlighted that the upgrade equips developers with a broader array of tools to expand Flow applications, further advancing the Web3 landscape.
Introduction of the Flow Community Rewards Program
Alongside Crescendo, Flow is launching the Community Rewards program to incentivize user engagement across its network. This program aims to attract users by rewarding participation in various activities such as games, trades, sales, and decentralized finance (DeFi) engagements. The rewards system is designed to align with consumer needs and encourage ongoing interaction with the Flow network.
Developer Opportunities and Flow World Tour
To promote development on the Flow platform, the Flow World Tour is set to kick off, featuring a series of virtual and onsite hackathons from September to December 2024. This global event series invites developers to participate in hackathons across major cities, including Seoul, New York City, Singapore City, San Francisco, Chiang Mai, and Bangkok. Each event will focus on various categories, including consumer DeFi, sports, social and creator economies, and on-chain gaming.
Upcoming Flow World Tour Events:
September 2-5, 2024 – Seoul, South Korea (Korea Blockchain Week)
September 24, 2024 – New York City, USA (a16z Crypto Startup Accelerator)
September 30 – October 2, 2024 – New York City, USA (Messari Mainnet)
September 18-22, 2024 – Singapore City, Singapore (TOKEN2049, ETHGlobal Hackathon, Special Category: DeFi)
October 18, 2024 – San Francisco, USA (ETHGlobal Hackathon, Special Category: Sports)
November 1, 2024 – Chiang Mai, Thailand (Edge City Lanna Buildathon, Special Category: Social)
November 15, 2024 – Bangkok, Thailand (ETHGlobal Hackathon, Special Category: Gaming)
The Crescendo upgrade, combined with the Flow Community Rewards program and the Flow World Tour, underscores Flow’s commitment to advancing Web3 technology and fostering a dynamic developer community.
The above is the detailed content of Flow Unveils Crescendo Upgrade, Launches Community Rewards Program, and Announces World Tour. For more information, please follow other related articles on the PHP Chinese website!
Pi Node Teaching: What is a Pi Node? How to install and set up Pi Node?Mar 05, 2025 pm 05:57 PMDetailed explanation and installation guide for PiNetwork nodes This article will introduce the PiNetwork ecosystem in detail - Pi nodes, a key role in the PiNetwork ecosystem, and provide complete steps for installation and configuration. After the launch of the PiNetwork blockchain test network, Pi nodes have become an important part of many pioneers actively participating in the testing, preparing for the upcoming main network release. If you don’t know PiNetwork yet, please refer to what is Picoin? What is the price for listing? Pi usage, mining and security analysis. What is PiNetwork? The PiNetwork project started in 2019 and owns its exclusive cryptocurrency Pi Coin. The project aims to create a one that everyone can participate
Top 10 virtual digital currency app platforms in the world, the top ten virtual currency trading platforms in 2025Mar 05, 2025 pm 08:00 PMWith the booming development of the virtual currency industry, virtual digital currency trading platforms around the world are becoming increasingly stronger. This article focuses on the top ten virtual digital currency app platforms in the world in 2025, including Binance, OKX, Gate.io, Kraken, Gemini, FTX, Bybit, KuCoin, Huobi and Coinbase. These platforms are known for their advanced features, a wide range of transaction pairs, low fees and stable performance, providing users with a wide range of virtual currency trading options.
Qubetics ($TICS): The Revolutionizing AI CryptoMar 23, 2025 am 10:08 AMCryptocurrency has always been a realm where the cutting edge of technology meets bold ambition, and it's only getting more exciting in the future. As artificial intelligence continues to grow in influence, there are a handful of digital assets that
![Bitcoin [BTC] was on a downtrend after losing the $92,000-support level in the final week of February](https://img.php.cn/upload/article/001/246/273/174209101774967.jpg?x-oss-process=image/resize,p_40)
Bitcoin [BTC] was on a downtrend after losing the $92,000-support level in the final week of FebruaryMar 16, 2025 am 10:10 AMTechnical indicators such as the OBV showed that selling pressure has been dominant, meaning more losses may be likely ahead.
Bitcoin historical price list 2015-2025 Bitcoin price trend charts in the past decadeMar 12, 2025 pm 06:54 PMThis article reviews the ten-year price trend of Bitcoin from 2015 to 2025 in detail. Data shows that Bitcoin price fluctuates dramatically, experiencing huge changes from $200 to over $100,000. During this period, the price of Bitcoin was affected by a variety of factors, including halving of block rewards, market sentiment, regulatory policies, and global macroeconomic situation. The article analyzes the rise and fall of Bitcoin prices year by year, and focuses on interpreting the price changes in key years, providing a reference for investors to understand the history of Bitcoin prices and predict future trends. Keywords: Bitcoin price, Bitcoin trend, Bitcoin decade, digital currency, cryptocurrency
Top 10 Free Virtual Currency Exchanges Rankings The latest top ten virtual currency APP trading platformsMar 11, 2025 am 10:18 AMThe top ten free virtual currency exchanges are ranked: 1. OKX; 2. Binance; 3. Gate.io; 4. Huobi Global; 5. Kraken; 6. Coinbase; 7. KuCoin; 8. Crypto.com; 9. MEXC Global; 10. Bitfinex. These platforms each have their own advantages.
Top 10 digital currency app platforms rankings Virtual currency exchange latest rankings in 2025Mar 13, 2025 pm 06:45 PMTop 10 digital currency app platforms: 1. OKX, 2. Binance, 3. Gate.io, 4. Kraken, 5. Coinbase, 6. Huobi, 7. KuCoin, 8. Crypto.com, 9. Bitfinex, 10. Gemini; these platforms are ranked according to factors such as transaction volume, security and user experience. When choosing, the platform's security, liquidity, transaction fees, currency selection, user interface and customer support should be considered.
Cyber criminals were able to steal cryptocurrency worth 1.5 billion US dollarsMar 16, 2025 am 11:12 AMSince then, the provider has been investigating how this could have happened and how it will (hopefully) not happen again in the future.
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
AI Hentai Generator
Generate AI Hentai for free.
Hot Article
Hot Tools
EditPlus Chinese cracked version
Small size, syntax highlighting, does not support code prompt function
Dreamweaver CS6
Visual web development tools
WebStorm Mac version
Useful JavaScript development tools
SublimeText3 Mac version
God-level code editing software (SublimeText3)
DVWA
Damn Vulnerable Web App (DVWA) is a PHP/MySQL web application that is very vulnerable. Its main goals are to be an aid for security professionals to test their skills and tools in a legal environment, to help web developers better understand the process of securing web applications, and to help teachers/students teach/learn in a classroom environment Web application security. The goal of DVWA is to practice some of the most common web vulnerabilities through a simple and straightforward interface, with varying degrees of difficulty. Please note that this software
