What is Flux?
Flux is a decentralized Web3 cloud infrastructure comprised of user-operated, scalable and globally distributed computational nodes.
The Flux Ecosystem offers a range of decentralized computing services and blockchain-as-a-service solutions designed to provide developers with an interoperable and decentralized development environment similar to AWS (Amazon Web Services). At the core of the ecosystem is a native Proof-of-Work (POW) coin that fuels various aspects of the platform, including incentivizing hardware hosters, enabling on-chain governance, and mitigating bad actors through staking requirements.
Operating on top of Linux, the Flux operating system ensures verified and benchmarked high-availability compute power for the network. By leveraging blockchain technology, Flux guarantees transparency in governance operations, ensuring that decisions are made openly and democratically.
Node operators within the Flux ecosystem have the flexibility to choose from three tiers of hardware requirements to contribute to the network. To participate, operators must provide the necessary Flux capital, which is soft-locked in their wallet. This setup enables individuals from anywhere in the world to be rewarded for providing hardware resources to the network, democratizing access to participation and rewards.
What are the main use cases enabled by Flux?
- Decentralized Computing Services: Flux provides a suite of decentralized computing services and blockchain-as-a-service solutions, offering an interoperable, decentralized development environment similar to AWS (Amazon Web Services). This allows developers to access high-availability compute power distributed across the Flux network.
- Blockchain Development Tools: Flux offers development tools and infrastructure necessary for building blockchain solutions, including sidechains, asset layers, and smart contracts. Developers can leverage Flux to create real-world use cases and advanced blockchain applications.
- Incentivized Distributed Enterprise Hardware: The Flux ecosystem incentivizes hardware hosters to contribute enterprise-grade server hardware to the network. Participants are rewarded with Flux tokens for operating FluxNodes, which provide computing power and support the decentralized network.
- Orchestrator, Scheduler, Hardware Verifier: Flux integrates orchestrator, scheduler, and hardware verification functionalities to ensure the efficient operation of the decentralized network. These components work together to manage resources, balance hardware usage, and verify the reliability of FluxNodes.
- Partnerships and Project Incubator: Flux collaborates with strategic partners and operates FluxLabs, an incubation and acceleration program for blockchain and technology-based projects. This initiative aims to support early-stage startups, foster innovation, and facilitate the development of complementary technologies within the Flux ecosystem.
- Secure Blockchain and Governance: Flux operates as a fair-mined, proof-of-work cryptocurrency with its own blockchain. It serves as a utility asset for accessing the ecosystem and powers transactions within the network. Additionally, Flux implements governance mechanisms on-chain to ensure community participation and decision-making.
- Parallel Assets and DeFi Integration: Flux introduces parallel assets, which are tokens on other major blockchain platforms, allowing for interoperability and integration with decentralized finance (DeFi) protocols. These assets enable Flux holders to participate in various DeFi activities and leverage additional functionalities across different blockchain ecosystems.
