Flux is a cryptocurrency that powers the eponymous Flux ecosystem. It is a native cryptocurrency generated through Proof of Work (PoW) and used for various network applications. These range from purchasing resources, securing nodes to paying for transactions on FluxOS. In addition, Flux rewards miners and operators of Flux nodes for providing computing resources.
Flux was created to allow everyone to develop, deploy, and use the decentralized internet of the future: web3. The Flux ecosystem currently consists of powerful decentralized computing infrastructure (FluxNetwork), a Linux-based operating system (FluxOS), the digital asset platform Zelcore, and finally, the Flux blockchain for on-chain governance, economics, and parallel assets for interoperability with other blockchains and DeFi access.
As of July 2023, the Flux network comprises around 12,000 decentralized nodes distributed worldwide, with over 92,000 CPU cores, 246 terabytes of RAM, and 6.6 petabytes of storage space. This makes Flux the largest decentralized network in the world.
