FLO bi-weekly update:
https://twitter.com/FLOblockchain/status/951151975474847749

• New FLO app: http://sharedsecret.net
• Livestreaming SDK development: https://www.twitch.tv/videos/216405769?t=07m48s
• +1000 twitter followers

What is FLO?

Ellis, [10.01.18 12:40]
Hi guys, looking into FLO. But I cant work out what it actually is?

Joseph Fiscella, [10.01.18 12:43]
[In reply to Ellis]
Hey Ellis, you can think of FLO as the first altcoin with appdata

Ellis, [10.01.18 12:43]
[In reply to Joseph Fiscella]
appdata?

Joseph Fiscella, [10.01.18 12:43]
The data field in the blockchain allows anyone to quickly build a blockchain app

Ellis, [10.01.18 12:43]
[In reply to Joseph Fiscella]
i see

Joseph Fiscella, [10.01.18 12:44]
http://flo.cash on our site we list 4 apps that are currently running on the FLO blockchain

Ellis, [10.01.18 12:44]
[In reply to Joseph Fiscella]
so it is similar to NEO, as apps can be built on it?

Joseph Fiscella, [10.01.18 12:44]
There is a new one too: sharedsecret.net

Joseph Fiscella, [10.01.18 12:45]
Yes, it's similar to NEO, except our appdata field isn't meant for smart contracts past what is available in the bitcoin scripting language. That's one of our features: a safer and more limited set of instructions for our transactions

Joseph Fiscella, [10.01.18 12:45]
It's a design choice that will mitigate issues like the DAO hack or Parity wallet vulnerability

Joseph Fiscella, [10.01.18 12:46]
The majority of blockchain apps do not need complicated smart contracts - due to our simplified process it's also much easier to learn how to create apps on FLO

Joseph Fiscella, [10.01.18 12:46]
We think that there is a need for a bitcoin-based app blockchain

Joseph Fiscella, [10.01.18 12:48]
The bitcoin blockchain is not friendly to run apps on due to high fees and long transaction times. This is a symptom of the philosophy of bitcoin and its community being in consensus of the purpose of bitcoin being a pure store of value

Ellis, [10.01.18 12:50]
What does ' bitcoin based' mean? And also how deos bitcoin being slow help?

A R, [10.01.18 12:51]
[In reply to Ellis]
same code as bitcoin but tweeked a bit

Ellis, [10.01.18 12:51]
[In reply to A R]
Wont that make the platform show then?

Ellis, [10.01.18 12:51]
slow

A R, [10.01.18 12:52]
[In reply to Ellis]
no .. itll be faster than btc

Joseph Fiscella, [10.01.18 12:52]
No, we increased the speed to 40 seconds per block. Bitcoin based means the code is forked from bitcoin core but added features to support decentralized applications

Joseph Fiscella, [10.01.18 12:54]
We are also adding some new features to improve apps on our blockchain

Thanks - I hate to nitpick, but we're FLO, not FLOCOIN