icon - Flux
+ 2.62%
$ 0.62986333
Volume 24h
Circulating supply
Change 24h
Graph (7d)
  • 201
    $ 0.62986333
    $ 185,198,461
    $ 11,036,030
    294,029,595 FLUX
    + 2.62%

The coin that powers the platform is called Flux.
The web3 is devoted to empowering everyone to develop, deploy and use the internet of the future.

The Flux network, operating system, and digital asset platform are all part of the Flux ecosystem.

There are more than 108,000 processor cores, 288 terabytes of RAM, and 6.7 petabytes of storage in the computational network of Flux.
For real-time data visit: https://www.runonflux.io/dashboard/resources
Over 4,000 DApps are hosted by the Flux Network, with more being added all the time. The project will always be an independent, community-driven project.
What makes Flux different?
The Flux Web3 needs decentralization. Web3 is a project that uses centralized infrastructure and is prone to being impacted by single point of failure as centralized data centers experience downtime, which is constantly happening in centralized clouds. PoUW has been developed by Flux. The impact of Proof of Useful Work will be huge.
The vast amount of compute power used by its miners is being harnessed to solve real-world problems instead of the random problems used in traditional PoW chains.
What are parallel assets?
Similar to token bridges, parallel assets allow assets to be moved from one platform to another. The risks of applications being limited to the Flux network can be removed with the integration of parallel assets. It is possible for development teams working on projects using Flux to maintain their privacy while still being able to access the infrastructure they need. The interoperability provided by parallel assets is further enhanced by the Flux operating system, which allows developers to run any application on any blockchain, thanks to the software's cross-compatibility. There are new opportunities for trading with Flux parallel assets. Flux traders can spot differences in the price of parallel assets across different DEXs and quickly take advantage of them by changing native Flux for that parallel asset.
The first parallel asset was launched in April of 2021. By the 3rd quarter of 2021, native Flux holders had access to both Flux-Sol and Flux-Tron. In September of 2022, the first asset to be distributed will be Flux-Avax.

There will never be more than 400 million FLUX. The maximum supply can be found on any of the parallel asset chains or on the native Flux chain as they are able to move between chains.
NoICO/IEO/Pre-sale was held since day one. FLUX token allocations Users own 94.7%. The Flux Foundation has 2,9%. Exchange listing/liquidity is 1,1%. The team is called the Flux Team.

The block reward is divided into two parts. A mining block has a reward. The reward for each block is distributed to operators in a round-Robin system with the reward being split between three tiers. As more people join a tier, the time between rewards increases. This ensures that the reward distribution is transparent and predictable.

Who runs the Flux network?
Users all over the world run the Flux nodes. There is a choice of setting up the node on their own hardware or using a virtual private server. We have several community providers such as Hostnodes that run home-hosted nodes for anyone on their hardware.
The gap between legacy infrastructure and Web3 is being bridged. A truly unique Web3 experience, backed with infrastructure ranging from edge computing enabled Nvidia Jetsons running in people's homes to enterprise level Lumen infrastructure utilizing adaptive networking and connected security solutions, will be delivered by Flux. Anyone can participate in the deployment of infrastructure for the Flux network.
What are the tier levels?
There are 3 tiers of nodes in Flux. 1. 2. 3.
This is not locked and belongs to users. The operators of the fX are able to sell and remove their assets.
Titan on-chain staking was introduced by Flux. The Titan nodes are run by experienced operators. The Lumen Technologies infrastructure is used to create attractive and powerful hosting solutions for enterprise clients. Community providers have stepped up and stood up server for Titan as well. To participate, you need 50 Flux in the official Zelcore wallet. Zelcore will allow you to lock your Flux in a 3, 6, or 12-month stake and participate in a shared Titan node on the FluxOS marketplace. You will have your rewards unlocked after this time.
The current rewards for running a Titan node can be found on the FLUX dashboard.
Do you want to run a node? How do users benefit? There are many ways to maximize your FLUX. At first, by holding. Every time FLUX introduces a new parallel asset, there is an exchange of the new token for FLUX holders. On-chain staking in Titan and coinmetro were done. You can also be a Flux miner. You can earn Flux on the main chain in a 1:10 ratio to FLUX thanks to parallel mining. Who are the important partners of Flux? Flux is very proud to be a part of the program. Seeed Studio develops hardware for home-hosted Flux nodes. The partnership with OVHcloud is Europe's leading cloud provider. The University of Applied Sciences is working with Flux.

Kadena is one of the biggest partnerships. The majority of Kadena's nodes are hosted on the Flux network.
Decentralized Web3 infrastructure for some (projects or Dapps) can be found outside of the Kadena ecosystem with the help of Flux.
One of the great successes that has been increasing the number of projects that use Flux infrastructure to deploy their DApps, nodes or even part of their infrastructure is FluxLabs, a project with a focus on early stage startups in the emergingBlockchain andCryptocurrencies.
Learn more about the company: https://runonflux.io.

There are three co-founders of Flux. Daniel Keller is from the USA. The leader has 25 years of experience in technology infrastructure, operations and large scale project leadership, and is able to bridge effective communication across all organizations. The Chief Innovations Officer is Tadeas Kmenta, who has been developing the project since its inception and is currently working on new and emerging technology.
Where to buy Flux?
FLUX can be found on a variety of exchanges.
There are many top exchanges where Flux is available.
You can use the FLUX price page to check the price in your preferred currency. Alternatively, use the dedicated exchange rate page.