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Flux
$0.2691
4.87%
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Flux Price Converter
Flux Information
Flux Supported Platforms
| FLUX | ERC20 | ETH | 0x720CD16b011b987Da3518fbf38c3071d4F0D1495 | 2021-06-16 |
| FLUX | BEP20 | BNB | 0xaFF9084f2374585879e8B434C399E29E80ccE635 | 2021-06-16 |
| FLUX | SPL | SOL | FLUX1wa2GmbtSB6ZGi2pTNbVCw3zEeKnaPCkPtFXxqXe | 2021-06-16 |
| FLUX | ERC20 | AVAX | 0xc4B06F17ECcB2215a5DBf042C672101Fc20daF55 | 2022-07-03 |
| FLUX | TRC20 | TRX | TWr6yzukRwZ53HDe3bzcC8RCTbiKa4Zzb6 | 2021-12-05 |
About Flux
Flux (FLUX) is a digital cryptocurrency token that operates on its own native blockchain. The Flux platform is a decentralized computational network that provides infrastructure services like hosting and storage. The FLUX token is primarily used as a medium of exchange within the Flux ecosystem, serving several key functions, including transactions, staking, and rewards.
Flux is a decentralized cloud computing platform that provides infrastructure for blockchain-based applications and supports decentralized computing services. The network enables developers to deploy applications across multiple nodes, offering an alternative to centralized cloud providers.
Flux utilizes a Proof-of-Useful-Work (PoUW) consensus mechanism, where FluxNodes contribute computational resources to power applications. The ecosystem consists of:
- FluxOS – A Linux-based operating system that manages application deployment and network operations.
- FluxNodes – A decentralized network of node operators providing computational power.
- Zelcore Wallet – A multi-asset cryptocurrency wallet designed for interacting with Flux services.
The FLUX token is used for:
- Transaction Fees: FLUX is used to pay for computational resources on FluxOS.
- Node Collateralization: Operators must stake FLUX to run FluxNodes and provide network security.
- Incentives: Miners and node operators are rewarded in FLUX for contributing resources.
- Governance: Token holders participate in governance decisions related to network upgrades and economic policies.
Flux was co-founded by Parker Honeyman, Tadeáš Kmenta, and Daniel Keller. The project originated from Zel, which later rebranded as Flux. The team focuses on decentralized infrastructure solutions for blockchain-based applications.