It leverages the power of decentralized nodes to provide scalable and secure cloud computing.Flux (FLUX) is a revolutionary cryptocurrency that aims to redefine the boundaries of blockchain technology. Flux also has a decentralized computational network that offers infrastructure services like hosting, storage, and more. It uses its own native cryptocurrency token, FLUX, to enable transactions, staking, and rewards within the Flux ecosystem. Conclusionįlux is a project that offers a decentralized cloud computing platform powered by GPU mining. Both miners and node operators get extra rewards through parallel mining which is the distribution of Flux parallel assets, this basically doubles the block rewards, although the distribution of the unreleased parallel assets doesn’t happen until their release. This ensures a fair, transparent, and predictable reward distribution to FluxNode operators. For each block, 37.5 Flux is also given to node operators in a fair round-robin system with the reward being divided between three node tiers.Īs more nodes join a tier, the time between rewards increases as the ‘queue’ in the round-robin system gets longer. A mining block now has a reward of 37.5 Flux. The block reward is split by 50% POW and 50% to FluxNode operators. FLUX Token Allocations: 94.7% is owned by users 2,9% Flux Foundation 1,7% Exchange Listing/Liquidity 0,7% Flux Team The current (2023/1) circulating supply is 285,978,944 FLUX 120,333,500 FLUX of which is locked in Flux nodes.įlux has been GPU mined since the beginning no ICO/IEO/Pre-sale was done. The 440 Million can move between any of the parallel asset chains or the native Flux chain, so the circulating supply will be spread across many chains, but the maximum supply will always be 440 Million. The maximum supply of FLUX is 440 Million. Supply Allocation and Distribution Details Of FLUX These real-world problems could include video encoding, weather forecasting, or machine learning. PoUW will use the huge amount of computing power that GPU miners use to secure the blockchain to solve real-world problems instead of random problems. This is a revolutionary project that will help in addressing the environmental impact of the industry. Flux is working on PoUW, which stands for Proof of Useful Work. This means that Flux has no single point of failure and can guarantee 100% uptime. What Makes FLUX Differentįlux is a Web3 project that is truly decentralized, unlike many others that rely on centralized infrastructure. Rewards: Node operators and participants in the ecosystem can get FLUX tokens as rewards for providing computational resources and contributing to maintain the platform’s integrity. Staking: Holders can stake their FLUX tokens to support the network’s security and operations. Transactions: Used for sending value within the network. It aims to spread computational tasks across its network, using the power of decentralized nodes to provide strong, decentralized cloud computing.įLUX is mainly used for exchanging value within the Flux ecosystem. The Flux platform is a decentralized computational network that offers infrastructure services like hosting storage, and more. This token was made to enable transactions, staking, and rewards within the Flux ecosystem.įlux is also the name of the wider project around the token. It distributes computational tasks across its network.įLUX is a digital cryptocurrency token that runs on its own native blockchain. 1 Flux is a decentralized computational network that offers infrastructure services like hosting, storage, and more.
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