What is Flow?

Flow is a blockchain that is designed for extensive scaling without the use of sharding

techniques, providing fast and low-cost transactions that make sense for dapps such as NFT marketplaces and crypto-infused video games.

As mentioned, Flow hails from Dapper Labs, which decided to solve its blockchain congestion problem head-on by building one primed for games and other interactive experiences. Dapper is now using Flow for all of its own projects, including NBA Top Shot, but it’s open to other developers as well.

How does Flow work?

Flow uses a proof of stake consensus mechanism that requires validators to stake a certain number of FLOW tokens to participate in the network.

However, the way that validation works is unique amongst blockchains, as Flow splits validation tasks into four separate types of nodes: consensus, verification, execution, and collection. All four node types participate in the validation of each transaction.

Dapper says that splitting up the tasks makes processing transactions more efficient than on rival blockchains. It’s an alternative option to sharding, or spreading out the storage and computational needs of a blockchain across numerous nodes. Flow does not use sharding, and by doing so, Dapper says that Flow keeps transactions atomic, consistent, isolated, and durable (ACID), and allows developers to build on each others’ work.Source

Introduction

Methodology

In this dashboard i try to show the effect of price drop on the health of Flow network and the activity of users of this network method.

Metrics

1.Flow & BTC Price
2.Number of Total transactions
3.succeed and failed transactions
4.Popular contracts
5.Popular Token
6.Users activities

In chart below we have the total transactions on flow. What is clear is that this chart is bullish and this is quite the opposite with the previous chart. It mean falling prices have increased activity on the flow network. Although the network is very busy but it has no effect on the number of successful transactions and has not reduced them so this shows us the health stability of this network.

Falling prices do not affect the activity of the contracts. Popular contracts was FlowFees and FlowToken and this two contracts,account for more than 80% of transactions.

Popular tokens unlike contracts have changed after the fall.In the period of time FUSD was very popular and this token has 50% volume of swaps in day.After May 22th the situation changed completely and FUSD did not have the previous popularity.Most importantly, the volume of tokens transactions has fallen sharply since then so it can be said that it is one-fifth.

All kinds of activities are going on in the same proportion and have not changed much

Thanks for reading

All data used are from Flipside Crypto
My Twitter :Sepehrmhz8

Conclusion

We come to these conclusions when we want to examine the effect of price:
1.Growth amount of transactions.
2.Network health stability.
3.The ratio of the popularity of the contracts was constant.
4.Descent the volume of tokens swaps.
5.Increasing the amount of various activities.