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Oleg Andreev's Channel Oleg Andreev's Channel @oleganza_channel · 610 subscribers
Post #248 1.18K
Flame: the future of Bitcoin

Second, we are revisiting the original issue. Bitcoin is valuable because it’s robust, and because of that it can’t be made even more useful to make an even bigger impact. Altcoins cannot improve or steal Bitcoin’s value because they are designed to extract value from users towards promoters.

To solve this dilemma we are going to build Flame: the new kind of crypto-currency network that is built on top of Bitcoin and is designed to address most of Bitcoin’s shortcomings without compromising on security, decentralization or monetary value. Flame creates a new decentralized network with confidential transactions, scalable smart contracts, fast confirmation times and fair asset value and security derived from Bitcoin. Without pre-mine, without special privileges for miners, developers or validators. Flame is built with over a decade of experience in crypto-currency design with the aim to deliver a pervasive peer-to-peer electronic cash.

Flame is in the early development stage. The technology overview, whitepaper and the source code will be released soon. Launch is planned in October-December 2026.

link: https://oleganza.com/all/building-the-future/
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