Hassan Maishera
The Flow team announced via a blog post on Wednesday that the upcoming Flow Network Upgrade (Crescendo) was successfully deployed to Flow Testnet. The upgrade is scheduled for deployment to Flow Mainnet on Wednesday, September 4th.
Once it goes live on mainnet, all Flow applications can be fully interoperable with the wider web3 ecosystem, and builders on Flow will not have to compromise between great user experience and access to Ethereum's liquidity and infrastructure.
Crescendo will eliminates barriers to entry for new developers thanks to full EVM equivalence and support for Solidity, allowing any smart contract or protocol that works on Ethereum mainnet or an EVM L2 to work out of the box on Flow, instantly getting access to massive scale and Flow-native features and benefits.
It also empowers web3 developers to build innovative products and experiences, seamlessly composing Solidity/EVM code with Flow-native features and benefits, including protocol-level account abstraction, account linking, native support for mobile secure elements, and MEV-protection, among others.
Finally, it unlocks fully immutable smart contracts by introducing guaranteed backward compatibility for the Flow smart contract programming language (Cadence) against all future network and language updates.
Flow is a layer-1 blockchain that aims to be fast, decentralized, and developer-oriented. It is designed as the foundation for powering games, apps, and associated digital assets. FLOW is down 1% in the last 24 hours and now trades at $0.536.
