#Spark It seems there might be some confusion regarding "Spark coin" as there are a few projects that have used or are related to that name. The most prominent one often associated with "Spark coin" is Flare (FLR), which was initially known as Spark.
Here's a breakdown of information related to Spark/Flare:
1. Flare (FLR) - The primary "Spark Coin"
* What it is: Flare (FLR) is a Layer-1, Proof-of-Stake (PoS) blockchain designed for data-intensive use cases and blockchain interoperability. It aims to bring smart contract capabilities to networks that don't natively have them, such as the XRP Ledger. Its original token name was "Spark," and it was widely known for an airdrop to XRP holders.
* Token (FLR): The native token of the Flare network is FLR. It is used for:
* Paying transaction fees.
* Participating in network governance.
* Securing the network through staking.
* Collateral within decentralized applications (dApps).
* Providing data to the on-chain oracle (Flare Time Series Oracle - FTSO).
* Key Features:
* EVM Compatibility: Flare is compatible with the Ethereum Virtual Machine (EVM), making it easier for Ethereum developers to build on the network.
* State Connector: Enables secure and trustless communication and value transfer between different blockchains.
* Flare Time Series Oracle (FTSO): Provides decentralized and reliable price data to applications on Flare.
* Price: The live price of Flare (FLR) is approximately $0.018 per FLR (as of June 17, 2025). This can fluctuate, so it's always best to check real-time
$BTC * Supply: The total supply of FLR is 100 billion.
* Whitepaper: The first Flare whitepaper was published in August 2020, with a second version in December 2022, which saw the renaming of Spark to FLR and a widened scope for the project.
* Use Cases: Beyond the core utilities of the FLR token, Flare aims to facilitate:
* Cross-chain dApps
* Bringing smart contracts to non-Turing complete blockchains (like XRP and eventually Bitcoin
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