Why is Songbird different from an ordinary testnet? Which features of Flare prevent the project from rolling out the mainnet version right now? Which applications are ready to go live on Flare? In his latest interview, CEO Hugo Philion attempted to cover the most sensitive issues regarding Flare (FLR).
"Bizarre and wonderful position"
The most interesting questions for Flare (FLR) supporters relate to the surprising release of Songbird's "canary network" that is set to simulate the financial and technical designs expected to dominate in Flare's mainnet. With this release, the mainnet launch of Flare is postponed until Q4, 2020.
Starting in a couple of minutes, see you there ? https://t.co/TMcfZ3R99U
— Tim Rowley (@timrowley_au) July 24, 2021Crypto Market Review: Shiba Inu (SHIB) Wants Zero Removed, XRP's Critical 2026 Resistance Destroyed, Bitcoin Needs 2 More Moves Before $100,000Strategy on Track to Kick Off 2026 with New Bitcoin PurchaseMorning Crypto Report: 1.44 Trillion SHIB Leave Coinbase for New Shiba Inu Whale, XRP Prints 18,913% Liquidation Imbalance, $100,000 for Bitcoin May Be InevitableGasparino Mocks XRP Holders: How Much Did Brad Garlinghouse Profit Off of Your 'Idiocy'?
Mr. Philion stressed that his project "doesn't have the luxury" to be a "ghost chain" with trivial transactional value, low development activity and a small community. According to him, the launch of Flare (FLR) is one of the most "publicized" releases in crypto as it addresses one of the largest userbases ever.
The risks of a fast launch are too high, with that level of interest to project from both blockchain entrepreneurs with their dApps and average users. As a result, the team has decided to launch a more sophisticated "real-life" development experiment, Songbird.
Unlike ordinary testnets, Songbird comes with its own native token, SGB, with limited supply: "sandbox" tokens will be airdropped instead of being deployed to "faucets."
No guarantees by the team
Mr. Philion also emphasized that, upon the Flare mainnet launch, his team will not bear responsibility for the progress of Songbird and Flare itself. All initiatives, protocol upgrades and other major changes will be up to the community. Mr. Philion's team, therefore, should not be treated as a vendor of cloud blockchain computation, he added.
Another interesting question touched on the recent strategic investment round, in which Flare Networks raised an eye-watering $11.3 million from iconic VC investors, including Kenetic Capital and Digital Currency Group.
CEO Philion claims that this sum will be enough to fuel "years" of development for his engineers, so the next funding round is not at the top of Flare's agenda.
Arman Shirinyan
Alex Dovbnya
Denys Serhiichuk
