The strategic partnership between Flare Network and FlareDashboard aims to improve data transparency within the Flare ecosystem, enabling network participants to make informed decisions.
Flare Network and FlareDashboard have announced a strategic partnership to enhance data transparency within the Flare ecosystem. The collaboration will focus on gathering important information about contributors who support the network’s decentralized operations, starting with data providers for Flare Time Series Oracle (FTSO). The partnership will eventually include other participants, such as validators and State Connector attestation providers, empowering network participants with valuable insights.
Flare Network is a Layer 1 blockchain that prioritizes providing developers with access to high-quality data in a decentralized manner. Unlike other blockchains, Flare features built-in protocols that make it cost-effective and efficient for developers to access different types of information. Ash W, CEO and Co-Founder of FlareDashboard, expressed his enthusiasm for the partnership:
“We have been actively supporting the Flare and Songbird ecosystem since their inception, and we take great pride in building FlareDashboard, an independent community platform that connects infrastructure teams with ecosystem participants. FlareDashboard’s objective is to facilitate the exchange and validation of valuable information provided by the network’s infrastructure providers. This information can be utilized by ecosystem participants when delegating to support infrastructure teams that bring added value to the ecosystem.”
Building Transparency with Flare
Flare Network’s goal is to establish a transparent system by bringing together crucial information such as team details, KYC compliance, operational history, data protection measures, technology configuration, and network addresses. This move promotes transparency within the Flare ecosystem. All network participants can access this vital information through the website flaredashboard.io. Infrastructure providers also have the opportunity to share additional details with the community. Hugo Philion, CEO & Co-Founder of Flare Network, commented:
“Flare is proud to be able to support a community initiative like FlareDashboard. By providing a transparent view on ecosystem contributors, they can help our community make more data-driven decisions on how they participate.”
Flare Network has been actively involved in key initiatives to develop a robust blockchain-based decentralized infrastructure. One recent collaboration was with Ankr, a well-known cloud infrastructure provider in the Web3 industry. This partnership aimed to enhance Flare’s Remote Procedure Call (RPC) procedures specifically designed for developers.
FAQ
What is Flare Network?
Flare Network is a Layer 1 blockchain that prioritizes providing developers with access to high-quality data in a decentralized manner.
What is FlareDashboard?
FlareDashboard is a community-managed database platform that connects infrastructure teams with ecosystem participants, enabling the exchange and validation of valuable information.
What is the initial focus of the partnership?
The initial focus of the partnership is on gathering information about data providers for Flare Time Series Oracle (FTSO), who supply price feed data to the network.
How can network participants access the important information?
All network participants can access the gathered information through the website flaredashboard.io.
What other initiatives has Flare Network been involved in?
Flare Network recently partnered with Ankr to enhance Flare’s Remote Procedure Call (RPC) procedures, specifically designed for developers.
Summary
Flare Network has entered into a strategic partnership with FlareDashboard to enhance data transparency within the Flare ecosystem. The collaboration aims to gather important information about contributors who support the network’s decentralized operations. By providing access to this valuable information, network participants will be able to make well-informed decisions. Flare Network is committed to building a transparent system, and partnerships like these contribute to that goal.