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Flux is a decentralized Web3 cloud infrastructure that offers a scalable, globally distributed network for running applications with high availability. It provides a robust alternative to traditional cloud providers by utilizing a network of thousands of user-operated nodes to ensure secure and reliable operations. [1]
Flux is a decentralized Web3 cloud infrastructure that provides an alternative to centralized providers like AWS and Google Cloud. With over 15,000 globally distributed nodes, it offers significant computational resources, including 111,500 cores, 193 TB of RAM, and 6.7 petabytes of SSD storage. Flux supports deploying decentralized, censorship-resistant applications with features like redundancy, automatic failovers, and compatibility with various code languages through Docker Hub containers. It operates on a UTXO-based blockchain using a Proof-of-Work (POW) consensus with a modified Equihash algorithm to ensure ASIC resistance. The project is community-owned, with no venture capital, private sales, or ICO/IDO allocations, and the block rewards are shared equally between miners and FluxNodes. The native currency, FLUX, purchases resources, collateralizes nodes, fuels transactions on FluxOS, and rewards miners and node operators. [1][2]
Flux operates large decentralized networks with nearly 15,000 nodes worldwide, offering geographic and operational decentralization. Nodes can be set up on personal hardware, VPS, or through community providers like Hostnodes and GoldieTech. The network’s design ensures that others in the region take over if a node fails, maintaining application uptime. Flux’s operating system supports data storage and replication, preserving data integrity through node clustering and redundancy. Nodes are excluded if they don't meet uptime standards, ensuring high performance. Flux uses its POW native coin, FLUX, to incentivize node operators, who can choose from three tiers—Cumulus, Nimbus, and Stratus—based on collateral, hardware specs, and rewards. [2][6][7]
The base FluxNode tier's collateral requirement may not be accessible for everyone, so alternative support like Titan nodes was introduced. Titan nodes allow users to pool resources to operate powerful, enterprise-level nodes, leveraging infrastructure from Lumen Technologies. Community providers also offer decentralized hosting. Users need 50 Flux in the Zelcore wallet to participate, which can be staked for 3, 6, or 12 months. After the staking period, users receive their collateral and rewards with auto-renewal and compounding options. [2][8]
FluxOS is a second-layer operating system serving as the core interface for Flux operations. It provides a dashboard for clients and node operators to manage application deployments, monitor network status, and engage with the Flux DAO governance model, among other functions. [9][10]
Flux’s parallel assets enable blockchain interoperability by allowing the Flux native coin to exist on multiple blockchains, making it interoperable with major blockchains and granting access to DeFi services. These assets function similarly to token bridges, allowing assets to move between blockchains. This interoperability enables developers to run applications on different blockchains while accessing Flux’s infrastructure. Parallel assets also create arbitrage opportunities, where traders can exploit price differences across decentralized exchanges (DEXs) by quickly swapping assets using the Fusion bridge in the Zelcore wallet. [2][11]
Flux Cloud is the core infrastructure of the Flux ecosystem, supported by over 15,000 nodes across 78 countries. It uses a peer-hosting approach to create a highly redundant system, ensuring deployed applications remain online and accessible. Each application is deployed on at least three geographically decentralized nodes, incorporating redundancy, monitoring, and network load balancing to maintain high availability. If a node fails, the system automatically detects the issue and redirects server requests to an active node without disrupting service. Flux Cloud is designed to be high-performing and cost-effective for various use cases. [10][13]
WordPress on Flux enables decentralized hosting for websites, e-commerce sites, and blogs, eliminating risks associated with outages or de-platforming. Hosting on Flux allows users to access enterprise-grade infrastructure that ensures high performance and availability. WordPress sites on Flux have been shown to outperform many leading hosting providers while reducing costs. Customizable plans suit various needs, from personal blogs to large e-commerce stores or online forums. [10][13][21]
ZelCore is a non-custodial wallet that allows users to manage digital assets and engage in crypto trading across major exchanges. It supports Trezor, Ledger, and other imported wallets, enabling comprehensive asset management in one platform. Integrated with the Flux ecosystem, ZelCore is the default payment method for all associated products. The wallet provides users full control over their private keys, access to over 70 blockchains, biometric security, and an "always on" encryption system that protects data even when the application is closed, ensuring asset security. [10][14]
SSP is a wallet-key combination that includes a Chrome browser extension for the wallet and a mobile app available on iOS and Google Play. SSP offers enhanced security through dual signature capabilities and BIP-48 encryption unlike centralized wallets. This system requires the wallet and mobile app to authenticate transactions, addressing the rise in wallet hacks and scams. SSP is fully open source, allowing for community involvement in its development and the adoption of new features and functionality. [10][15]
FluxEdge leverages Flux's approach of utilizing excess computational power to address the scarcity of resources for demanding projects like AI, machine learning, and video rendering. As a decentralized marketplace, FluxEdge connects hardware providers with users who need computational resources. It promotes the efficient use of GPU resources, offering a decentralized solution to the limitations faced by firms, researchers, and developers.[20]
FluxEdge, also known as Proof of Useful Work, optimizes IT resource utilization by pooling idle resources for tasks like AI training, content rendering, and cloud gaming. It supports a large, community-driven computational network. The platform allows hardware providers to rent out their machines and set schedules, while clients can search the marketplace for resources that meet their needs to accelerate their projects. This initiative prioritizes real-world problem-solving over transaction validation, promoting a sustainable and conscientious approach to computing.[20]
FluxDrive Pro is a decentralized storage solution using API and IPFS for bulk uploading and cloud storage. It allows developers to securely store large project assets, like images and videos, ensuring data integrity and protection against loss. It is particularly useful for NFT projects to store immutable data. Integrated with Flux Cloud, FluxDrive Pro ensures that content remains safe, encrypted, and permanently accessible, providing a robust solution to censorship and de-platforming. [10][13]
Launched in 2021, Flux Governance (XDAO) is managed by a decentralized community that submits and votes on proposals for Flux's future. The XDAO v2.0 upgrade introduces a governance token, allowing broader community participation in voting, including Flux holders, miners, and Titan stakeholders. This version aims to enhance decision-making efficiency, shift significant decisions to community votes, and balance voting power to prevent dominance by major holders. The core team will propose XDAO changes to ensure Flux remains fully decentralized in its governance structure. [18][19]
FLUX is the cryptocurrency that drives the Flux ecosystem. It is used to purchase resources, collateralize nodes, fuel transactions on FluxOS, and reward miners and FluxNode operators for their computational contributions. The total supply is capped at 440 million, which can exist across various parallel asset chains or the native Flux chain, but the overall supply will not exceed this limit. FLUX has the following allocation: [2][17]
Edited By
Edited On
September 5, 2024
Reason for edit:
added wordpress link
We've just announced IQ AI.
Edited By
Edited On
September 5, 2024
Reason for edit:
added wordpress link
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