Today marks a major milestone for Flow. Smart contract deployment on mainnet is now permissionless, which means anyone can deploy a contract to mainne

Flow: Permissionless Smart Contract Deployment is live on Flow

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2022-07-06 19:30:11

Today marks a major milestone for Flow. Smart contract deployment on mainnet is now permissionless, which means anyone can deploy a contract to mainnet, without review. 

Ever since the earliest days of Flow, permissionless deployment has been one of the core team’s priorities.  Since both the protocol and Cadence—Flow’s native smart contract programming language—were in their infancy, we established a mainnet review process as a checkpoint to ensure the security of the network. Even with this temporary safety check, we still saw incredible innovation and adoption of Flow. Flow has recently crossed 10 million accounts on mainnet, 1,000 active projects and 2 million monthly transacting wallets.

The Flow core team has been hard at work since last year making foundational improvements at the protocol, language and governance level. On the protocol and governance level, Flow debuted its first ever governance vote introducing a new dynamic transaction fee structure that lowered fees for most transactions. On the smart contract programming language level, Flow’s native language Cadence underwent a process of code-hardening, thanks to external audits and a community-wide bug bounty program. This hard work culminated in a version called “Secure Cadence.” Secure Cadence was officially deployed to mainnet on June 15th, marking the next generation of safe, secure and performant development on Flow. 

Coincidentally, June has been a record-breaking month for Flow, reaching almost 34 million transactions throughout the month, totalling 2 million monthly transaction wallets over 1000 active projects. 

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