Flux

FLUX

Current price

$0.0749

−8.66%24h

LiveUpdated 36s ago

TodayFlux drops 8.7%, trailing the market.

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Time	Price

Change by period

1 hour−0.13%
24 hours−8.66%
7 days−10.19%
30 days+32.92%
1 year−42.89%

Flux's move in context

Lagging the market today
−8.66% today against −3.26% for the market as a whole, a gap of 5.4 points. A gap this wide suggests something specific to Flux may be moving it, not just the market mood.
Trend has turned
−10.2% over 7 days and +32.9% over 30 days: the last week went against the monthly direction.

This is analysis of past prices, not a prediction or financial advice.

About Flux

Overview

Flux is a cutting-edge cryptocurrency and decentralized computing platform designed to facilitate the creation and deployment of decentralized applications (dApps). Its core mission is to provide a scalable, decentralized infrastructure that enables developers to build applications with ease while ensuring a high level of security and performance. Flux distinguishes itself by offering a unique combination of features, including blockchain technology, cloud services, and an ecosystem of tools for developers. This multi-layered approach empowers users by granting them greater control over their data and applications, while promoting a fully decentralized internet.

Technical Features

Flux employs a unique consensus mechanism known as Proof of Use (PoU), which rewards users for actively participating in the network. This mechanism contrasts with traditional proof of work (PoW) and proof of stake (PoS) systems, allowing for greater energy efficiency and reduced environmental impact. Flux utilizes a network architecture that integrates with multiple blockchains, enabling seamless interoperability and communication between different platforms. Additionally, it supports a wide array of consensus algorithms, including zk-SNARKs for enhanced privacy, ensuring secure transactions and data integrity. The underlying technology also integrates a series of cloud services, leveraging decentralized nodes for computational power.

Use Cases

The primary use cases for Flux are vast and varied, making it a versatile player within the crypto ecosystem. In decentralized finance (DeFi), Flux provides users with an opportunity to create liquidity pools, trade assets, and earn passive income through staking. Its governance model enables Flux token holders to participate in decision-making processes, ensuring a democratic and community-driven platform. Additionally, Flux has emerged as a viable option for developing and deploying NFTs (non-fungible tokens), allowing creators to mint, buy, and sell unique digital assets. Moreover, its smart contract functionality enables developers to create sophisticated applications without relying on centralized platforms, while also facilitating borderless payments and remittances.

Development Background

Flux was founded in 2018 by a group of innovative developers and entrepreneurs with a vision to revolutionize decentralized computing. Since its inception, the project has garnered significant support from the community and has seen contributions from a diverse range of talent across the blockchain space. Key moments in its development include the launch of its mainnet, which solidified its scalability and reliability, and ongoing partnerships with various blockchain projects that enhance its ecosystem. Notable events such as hackathons and community governance initiatives have further bolstered its growth and adaptability.

Community and Ecosystem

The Flux community is vibrant and diverse, comprised of developers, investors, and enthusiasts united by a shared vision for decentralization. The ecosystem is supported by a range of partnerships with other blockchain projects and technology firms, fostering an environment of collaboration and innovation. Various applications and platforms have been built around Flux, contributing to its robust functional landscape. These projects span the realms of DeFi, gaming, and data storage, showcasing the flexibility and potential of the Flux network. Active community engagement is encouraged through forums, social media channels, and regular meetups, further enhancing its growth and adoption.

Future Potential

The future potential of Flux appears bright, powered by its innovative technology and growing use cases. As the demand for decentralized solutions continues to rise, Flux is well-positioned to support the next generation of applications. Upcoming features on its roadmap include enhanced interoperability with various blockchains, optimized user interfaces aimed at improving developer experience, and expanded support for DeFi capabilities. These developments are set to propel Flux into a leading role within the decentralized ecosystem, making it an appealing investment for those looking to partake in the evolution of blockchain technology.

Flux market

: #282; Position by market cap among the coins we track.
: $30.11M; Price × coins in circulation. It measures a coin's size, not its quality.
: Low $0.0730High $0.0832; The lowest and highest price in the last 24 hours. The dot marks the current price.
: $3.33; Now 2% of itReached 3 Jan 2022 · Needs +4,346% to get back; The highest price this coin has ever reached. The bar shows today's price as a share of it.
: 401.99M FLUX; 72% of max; Coins that exist now and can be traded.
: 421.76M FLUX; Every coin created so far, minus any destroyed, including coins that are locked up.
: 560M FLUX; The most coins that can ever exist. Some coins have no limit.

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