
Flock (FLOCK)
Key data
updated $0Flock (FLOCK) is a cryptocurrency that trades under the ticker FLOCK. In simple terms, it's a digital coin that can be sent and received over a blockchain network without intermediaries like banks. Like most crypto assets, it exists purely in digital form and is secured by cryptography rather than by any government or central authority.
Frequently asked questions
What is Flock and how is it different from Bitcoin?
Flock (FLOCK) is a standalone digital currency with a hard cap of 1,000,000,000 coins. Unlike Bitcoin, which was created mainly as digital gold, Flock is an independent project with its own community and ecosystem. The key difference is that it follows its own set of rules for supply and network validation rather than copying Bitcoin's model.
How does Flock's technology and consensus work?
Flock operates on a distributed ledger, meaning transactions are verified by a network of computers rather than a single authority. Depending on the network's design, this happens through nodes that agree on the state of the blockchain using a consensus mechanism. This removes the need for a trusted middleman while keeping the transaction history public and tamper-resistant.
How is Flock's supply and emission structured?
Flock has a hard cap of 1,000,000,000 coins, which means no more than that amount can ever exist. This fixed-supply model is built into the protocol at the code level and cannot be changed without network consensus. It's designed to prevent unlimited inflation of the supply over time.
How can I store and use FLOCK coins?
FLOCK can be stored in a cryptocurrency wallet that supports the coin — either a software wallet on your device or a hardware wallet for better security. You can send and receive coins by using your wallet's public address, and transactions are confirmed on the network. Always double-check the address and keep your private keys or seed phrase offline and never share them with anyone.