Flux is a decentralized cloud infrastructure (like Google Cloud) for Web3 (the next stage of the internet).
Let’s dive in.
What is Flux?
Flux’s decentralized cloud infrastructure is designed to help users “build decentralized applications with increased flexibility, scalability, and censorship resistance.”
The Flux ecosystem consists of a range of decentralized services and solutions, including:
- FLUX: the ecosystem’s native cryptocurrency.
- Flux Cloud: a suite of decentralized services and solutions.
- FluxOS: Linux-based operating system.
- Flux Marketplace: a permissionless marketplace powered by Flux Cloud.
- Flux blockchain: to provide DeFi access and interoperability with other blockchains.
Flux’s operating system runs on Linux to provide “high-availability compute power” and uses the blockchain to ensure “transparency in governance operations.”
The network hosts a range of decentralized applications (websites, DeFi, gaming, social media and more), including the Kadena blockchain.
What is Flux’s goal?
Flux aims “to speed up the usage of blockchain solutions through creating real-world use cases and the underlying technologies necessary to build these products and platforms.”
The team argues that “projects that are currently working on single, large-scale blockchain problems can save time and resources by leveraging the Flux Network… Partnerships will also help bring together the fractured crypto space to create an ecosystem of complementary products that work seamlessly together.”
When did it launch?
The project’s mainnet launched in January 2018. Initially named “Zelcash” or “Zel,” the project was rebranded to Flux in March 2021.
View its roadmap here.
What is FLUX?
FLUX is the PoW (Proof of Work) token that powers the Flux ecosystem. It is used for transaction fees, governance, and rewarding miners and operators.
The maximum supply of FLUX is set to 440M. It is distributed as follows:
- 94.7% to users
- 2.9% to Flux Foundation
- 1.7% for liquidity
- 0.7% to Flux team
