FluxPrice

(FLUX)

Flux is a scalable, decentralized cloud computing network, often categorized as Blockchain-as-a-Service (BaaS). It enables developers to deploy and run applications on a global network of independently operated nodes. Unlike traditional cloud giants that rely on centralized data centers, Flux distributes workloads across thousands of community-run servers, ensuring high availability and censorship resistance. This infrastructure allows for the hosting of websites, decentralized applications (dApps), and complex computational tasks within a global, peer-to-peer ecosystem.

The Flux network utilizes a tiered node system to provide varying levels of computational power. There are three primary tiers: Cumulus (requires 1,000 FLUX collateral) for hosting lightweight applications; Nimbus (requires 12,500 FLUX) for mid-tier intensive applications and database hosting; and Stratus (requires 40,000 FLUX) for enterprise-grade workloads. Additionally, the network offers "Titan" nodes for shared staking starting at 50 FLUX and "Fractus" nodes, which are storage-optimized nodes featuring an extra 10TB of storage to support decentralized file systems.

Parallel Assets are tokens that exist on blockchains other than the native Flux chain, such as Ethereum, BSC, Solana, and Avalanche. While Flux operates on its own dedicated blockchain, these assets allow FLUX to interact with various decentralized finance (DeFi) ecosystems across multiple networks. This cross-chain interoperability ensures that Flux remains versatile. Node operators and miners earn rewards in both native FLUX and these Parallel Assets, which can be claimed and managed through the Fusion app within the official Zelcore wallet.

Proof of Useful Work (PoUW) is a breakthrough innovation by Flux that repurposes the energy used in blockchain mining. While traditional Proof of Work (PoW) often uses computational power for arbitrary calculations, PoUW directs GPU resources toward solving real-world problems. This includes training AI models, 3D rendering, and medical research. By providing this "useful" computational power to the market, Flux maximizes the utility of the hardware in its network, making the ecosystem more sustainable and contributing to global scientific and technological advancement.

Flux is hardware agnostic, meaning it can be run on a wide variety of devices. Users have the flexibility to set up nodes on home-based hardware, such as a personal computer or a capable Raspberry Pi, provided they meet the specific RAM, CPU, and storage requirements for their chosen tier. Alternatively, users can rent Virtual Private Servers (VPS) from various global providers. This flexibility allows for a highly distributed and resilient network where anyone with the required collateral and compatible hardware can contribute to the decentralized cloud infrastructure.

Flux originated as ZelCash (ZEL) in 2018, initially functioning as a privacy-focused fork of Zcash. In March 2021, the project rebranded to Flux to better represent its evolution into a comprehensive decentralized computing ecosystem. Zelcore is the official multi-asset wallet and platform for the Flux network. It serves as the primary interface for users to manage their FLUX tokens, claim rewards from mining or node operation, interact with Parallel Assets via the Fusion app, and participate in the governance of the decentralized network.