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| Flux 
| #FLUX
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| FLUX Price: | $0.82 | | Volume: | $9.3 M | | All Time High: | $3.33 | | Market Cap: | $0.2 B |
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| Circulating Supply: | 278,077,564 |
| Exchanges: | 25
| | Total Supply: | 440,000,000 |
| Markets: | 34
| | Max Supply: | 4,840,000,000 |
| Pairs: | 10
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The price of #FLUX today is $0.82 USD.
The lowest FLUX price for this period was $0, the highest was $0.817, and the exact current price of one FLUX crypto coin is $0.81673.
The all-time high FLUX coin price was $3.33.
Use our custom price calculator to see the hypothetical price of FLUX with market cap of ETH or other crypto coins. |
The code for Flux is also #FLUX.
Flux is 1.5 years old. |
The current market capitalization for Flux is $227,114,669.
Flux is ranking upwards to #134 out of all coins, by market cap (and other factors). |
There is a big daily trading volume on #FLUX.
Today's 24-hour trading volume across all exchanges for Flux is $9,261,479. |
| The circulating supply of FLUX is 278,077,564 coins, which is 6% of the maximum coin supply. |
FLUX is available on several crypto currency exchanges.
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| Note that there are multiple coins that share the code #FLUX, and you can view them on our FLUX disambiguation page. |
Flux Titan Nodes Guide — Useful Staking.
Flux Titan Nodes Guide — Useful Staking. - The Titan nodes beta went live for the public on the 20th of July, and they bolster the Flux network with Enterprise grade computational nodes! Titan introduces ‘Proof of Useful Stake,’ a solution to some of the inherent flaws of proof of stake, where anyone can participate and support the Flux network by staking from as little as 50 Flux in a Titan node! Welcome to the Official Flux Titan Staking Guide! Stake your Flux to support our decentralized infrastructure and earn Flux as a reward. Requirements To stake FLUX in the Titan node, you must meet the following requirements: The minimum collateral of 50 FLUX (main chain), Zelcore wallet (download from here), It is allowed to stake a maximum of 40,000 Flux in total, 10,000 Flux per single stake. Let’s Begin! 1. log in to Zelcore wallet Existing users can log in to their Zelcore wallet. If you are a brand new user or haven’t ever used the wallet, then “Register a new account.” It will also give you an option of “Create recovery password mechanism,” which is great for recovering lost passwords in case you forget your login credentials. It is not required, although it’s a good practice to enable Decentralized Two-factor authentication (d2FA) as an extra step added to the log-in process. d2FA offers an extra level of security that cyber thieves can’t easily access. Click on the Apps > ZelId > d2FA... 
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PoUW: A Game Changer For Proof of Work and Blockchain.
Since the launch of Flux in 2020, its community-driven and utility token has run on a Proof of Work mechanism. Now with Ethereum Merge signaling its transition into Proof of Stake consensus, Flux remains one of the most significant ecosystems running on the POW model. ….. and with good reason. Proof of Work is a mechanism that allows decentralized networks to achieve consensus by solving a cryptographic puzzle. Its reliance on computational strength has also stood the test of time, making it a reliable system that confers robust security and resilience against attacks. However, at Flux, we are committed to innovating and pushing the boundaries of possibilities in the blockchain/web3 space. Proof of Work continues to be a great consensus model, but just like every innovative solution, there is always room for improvement. Enter PoUW. — Mining With More Purpose. - Proof of Useful Work (PoUW) offers not just an alternative to mining but a new approach to utilizing computational resources. Although providing a high-security threshold, POW is energy intensive due to its operation mechanism. It requires members of a blockchain network (miner/validators) to expend effort in solving a random cryptographic puzzle. The resolution of this puzzle typically requires a brute-force approach that consumes a lot of GPU resources. Unfortunately, the expended energy is merely transactional, useful only for generating the hash (or sol...
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Flux and a Sustainable Future in Blockchain and Cloud Computing.
All blockchain has a shared responsibility of building environmentally sustainable technology. Flux is actively developing sustainable solutions for proof of work and cloud computing. Flux believes that blockchain is not the cause of environmental problems but that it instead can provide solutions that will ultimately create more energy-efficient solutions than legacy technology can. Flux is a project that aims to build the necessary infrastructure and development ecosystem to enable the next iteration of the Internet, Web3. It is a project focused on decentralization and using emerging technology to empower the people using the internet to take back stewardship of the internet from big tech. Flux is a project driven by a solid ethos to make the World a better place for generations. To provide a truly decentralized network, a Web3 that is fairly distributed and owned by the people, Flux is utilizing blockchain technology and a ‘proof of work’ consensus method. Proof of work is essential to the Flux project as it secures the network while providing the best way to keep things decentralized and fair. Proof of work has consistently met some critique for being harmful to the environment due to the energy needed to do the complex calculations required to secure blockchains, the activity known as mining. The US Biden administration recently published their report ‘Climate and Energy Implications of Crypto-Assets in the United...
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Flux, a Network of Limitless Scale and the Growth of Useful Work.
Being successful in the cloud computing market implies being able to scale your infrastructure to meet the demands of a future that only grows more hungry for processing power, RAM, and storage. Flux is a truly decentralized computational network with the upper hand in scaling. Let’s explore why decentralized scaling can outpace scaling in legacy Web2. Flux is building the World’s most powerful decentralized computational network; it will run the next iteration of the Internet, Web3. Flux will always champion decentralization, we build decentralization, and we will always be ‘proof of work,’ fairly distributed, and community-driven. And while Flux is all the better for being true to this decentralized ethos, there are other more tangible advantages to decentralization. Some that put Flux well ahead of the competition. Have you ever wondered what the benefits of decentralization are from an operational perspective? From a scaling perspective? The demand for cloud infrastructure is growing at a rapid rate. Currently, the future growth is forecast to be a compounded annual rate of around 17%. This logically makes the ability to scale an important business metric for centralized and decentralized cloud providers. So how do centralized and decentralized cloud providers rise to meet the demand, and who has the upper hand regarding network scaling? We believe Flux will be able to scale more efficiently than any centralized ...
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Web3: The Rise of GameFi and the New Blockchain Gaming Landscape.
Once upon a game: - The gaming industry has enjoyed a rich history. “The brown box,” launched in 1967, marked the beginning days of commercial gaming. Over the years, we have gone from arcade games to high-powered multiplayer systems offering immersive experiences. Today, there are millions of games available on the internet featuring different play modes and storylines but all sharing the same quality; a chance for gamers to enjoy the thrill and adventure of an imaginary world with no holds barred. Now the gaming world is set for another exciting development, GameFi, and Web3. Sony, Nintendo, Microsoft, and Activision Blizzard are some of the top names in the gaming industry, with good reason. For a long time, these game providers have held the keys to the gaming universe, and with Microsoft set to acquire Activision Blizzard, the plot only thickens. They provide the software, the gadgets, and the entertainment, while gamers access all of this for a price. This comes from subscription fees, software/gadget purchases, and in-game buys to unlock new items, features, and power-ups. Once the game is over, however, all expenses incurred in-game; special powers, cool gadgets, and other extras bought in the game stay in the game land. The companies smile to the bank with millions, and the gamers look forward to the thrill of adventure in the next game. For years, this has been the norm that laid the foundation for a $300 billi...
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Flux Loves Miners, PoW, and Our Community!
Flux loves miners. With the Ethereum merge looming on the horizon, we wanted to reiterate why Flux is an excellent community for miners and that it has significant profitability and some very interesting development. Read on and come and get your love. If you’re a GPU miner, there is an elephant in the room. The Ethereum merge is looming on the horizon, and the World of crypto mining is due for a massive shake-up. What will happen? Where will the hashrate go? Who will take the mining crown after Ethereum? These are the questions that every miner is asking themselves right now. However, the Ethereum merge isn’t the only elephant in the room. Recently, we’ve witnessed some spectacular collapses in significant proof of stake projects. These unfortunate developments have put the proof of stake model under pressure. Blockchain communities are left wondering; Can proof of stake deliver proper network security and decentralization? Is it even a viable alternative to proof of work? There are a lot of questions out there and no clear-cut answers to find. At Flux, we’re 100% committed to proof of work; there are simply too many unsustainable and overly centralized projects using proof of stake. It’s time for a reckoning. Flux is ready to prove why proof of work is not only Blockchain's collective past but also blockchain's only viable future. For all of you who believe in proof of work, let us reiterate why GPU mi...
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Will the Ethereum Merge Make Flux the “King of POW?” A Paradigm Shift In Blockchain Is Here.
The merge is a long-time planned upgrade to the Ethereum network that will see the consensus mechanism change from Proof-of-work(PoW) to Proof-of-stake(PoS). What does that mean to Flux? To understand why this is such a big event, let’s first explain the difference between Proof-of-work and Proof-of-stake. What is Proof-of-Work (PoW)? PoW is a consensus mechanism that requires each validator to complete complex mathematical problems to produce new blocks on the blockchain. As PoW requires considerable energy to solve each mathematical problem, it is a highly effective method for stopping bad actors from gaming the system and taking complete control of the network. The people who complete these complex problems to validate the blockchain are known as miners. The miners are financially rewarded for each block they confirm. Satoshi Nakamoto pioneered proof-of-work with the release of Bitcoin, a peer-to-peer digital monetary system that uses PoW as its validation method. What is Proof-of-Stake (PoS)? PoS is a consensus mechanism that selects its validators in response to their holdings in that particular cryptocurrency. In other words, instead of having to complete arbitrary mathematical problems like PoW, PoS validates their transactions by confirming that each validator must have a minimum token amount to validate a transaction. This minimum amount stops bad actors from taking control of the network as they would have to ow...
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Security in Web3: Building a Secure Ecosystem.
Web3 is a conceptual evolution of the internet structure that empowers users to rid themselves of Big-Tech control over their data and become the owners themselves. Although the emergence of web3 fixed a lot of vulnerability and privacy concerns of the Web2 internet, it also introduced a new set of challenges. With many assets running on open source code amidst an increasing spate of attacks, there is an urgent demand for a different approach to the question of security in web3. In just the first half of 2022, over $2 billion has been lost in the web3 space to different kinds of security issues, ranging from flash loan attacks and hacks to socially engineered phishing attacks, Sadly enough, there might be more to come. Certik, a global cybersecurity firm, estimates up to a 214% increase in financial losses in the web3 space before the end of the year compared to 2021. This is due to the rapidly increasing attacks on web3 projects and applications. To build a safe and thriving web3 ecosystem, more attention has to be paid to ensuring that protocols, applications, and infrastructure running on the web3 internet are protected from malicious efforts of the cybersecurity underworld. Let’s look at some security issues that have continued to plague and seek to hold the web3 internet captive. — Web3 Security Challenges: - Unauthorized access to sensitive information: To create a personalized and semantic web where informat...
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How is Web3 shaping the future of Finance?
Web3 is making serious waves, and changing the narrative of the internet is no longer breaking news. From Developers to investors and venture capitalists, there has been a surge in the attention of different key players of the modern world towards the potential offered by this new technology. More than ever, we have seen the launch of new ecosystems, startups, and protocols developed around the concept of a decentralized internet that restores proprietary rights to the users. Suppose there is, however, any economic sector that will be key in the proliferation of blockchain and Web3 technologies. In that case, it will be the financial sector, especially if you keep in mind that the first implementation of blockchain tech was in the financial sector–Bitcoin. The rapid growth of the crypto industry from a value of almost zero in 2009 to more than $1.6 trillion in 2021 is proof of the potential and explosive power of the financial sector. Also, because Finance is probably one of the most regulated and centralized sectors globally, how will Web3 shape the future of Finance and its offerings? — Financial inclusivity: Shortcomings to Opportunities. - One of the critical drivers for Web3 innovations in the finance sector is the growing dissatisfaction over the shortcomings of conventional banking systems, especially among young people. More and more people are becoming disenchanted with the limited options for accessing financ...
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How Web3 and Flux Will Disrupt The Healthcare Industry Juggernauts.
Web3 has experienced rapid growth over the last couple of years, particularly in the Technology and money market. Beyond the financial sector, Web3 is also gradually transforming the healthcare system. Learn more about why Flux and decentralized computing will lead the way. In today’s healthcare industry, data is almost everything. Patients’ records, medical history, symptoms, test results, etc., are essential in helping health institutions monitor, analyze and provide the best possible medical aid. While the static read-only health websites of Web1 provided helpful health information and resources, they lacked the interactive component to give the needed professional-patient relationship outside the consultation hours. Web2 fixed this and added a new layer of synchronization. Patients’ data and medical history collected by different medical devices and sensors could be easily exchanged between doctors and health institutions, leading to faster and more effective medical intervention. Telemedicine made the provision of remote healthcare possible through video chat-based applications. While the collective efforts of a centralized Web2 have yielded immense benefits for patients and health workers, the question of data ownership remains. Due to the nature of the healthcare industry, some regulations restrict 3rd parties applications and service providers in the healthcare sector from blatantly mining patients’ informatio...
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 | ETC, RVN, ERGO Hashrate Soars Following The Merge, Large Quantity of Has...
Ethereum has officially transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) system after seven years of operating as a PoW blockchain. The Merge has forced ethereum miners to transition to other PoW-based tokens and after the ruleset change was codified, a handful of PoW coins compatible with the Ethash algorithm saw their hashrates skyrocket. Ethereum Classic's hashrate has tripled in size since The Merge was triggered by Ethereum's Paris Upgrade.5 Tokens Reap the Benefits of Ethereum's Leftover Hashrate
Ethereum, the second largest crypto asset in terms of market capitalization, now operates under a proof-of-stake (PoS) blockchain system. The Merge was triggered by the Paris Upgrade on September 15, at block height 15,537,391 at 2:42:42 a.m. ET. A few hours prior to The Merge, Ethereum's hashrate plummeted significantly, and a great deal of hashrate was pointed at Ethereum Classic (ETC).
During the early morning hours (ET) on September 15, ETC's hashrate was around 80.77 terahash per second (TH/s). Hours after The Merge on September 16, ETC's hashrate increased by 228%, jumping to the current 228.62 TH/s. ETC was the main beneficiary in terms of getting the most hashrate from Ethereum's forced transition from PoW to PoS. However, a handful of other tokens with similar hashing algorithms also saw a significant rise in computational power.
At the start of the day on September 15, Ravencoin's (RVN) hashrate was around 10.15 TH/s but the following day it...
|  | 4 Crypto Tokens Reap Hashpower From The Merge, ETC Secures Most of the H...
20 days ago, a poll was shared on Twitter asking miners where they planned to dedicate their hashrate, after The Merge transitions Ethereum into a proof-of-stake (PoS) blockchain. The proof-of-work (PoW) contenders at the time were tokens like ravencoin, ergo, flux, and ethereum classic. When the poll concluded, flux and ravencoin outpaced the pack in votes, but reality shows ethereum classic has been the main beneficiary of hashrate so far.Twitter Poll With More Than 10,000 Votes Chooses Flux, While Ethereum Classic Ends up Reaping the Benefits Stemming From The Merge
Ethereum Classic (ETC) is gathering most of the hashrate leaving Ethereum (ETH) as there are only four days left until The Merge. According to metrics recorded by 2miners.com, ETC's hashrate reached an all-time high on September 8, 2022, tapping 53.29 terahash per second (TH/s).
Ethereum's hashrate has dropped below the 900 TH/s region and at the time of writing, the network hashrate is 883.78 TH/s. On August 20, 2022, the Twitter account Cryptovium published a poll that asks miners where they will dedicate their hashpower when The Merge is implemented.
'With the imminent PoS ETH Merge, I'm curious what all the miners out there are planning on moving their rigs to,' Cryptovium said. 'Top PoW contenders seem to be RVN, FLUX, ERG, [and] ETC. Are you going with one of these or choosing something else?'
The final results of Cryptovium's poll got 10,347 votes and flux (FLUX) received the most votes with 45.7%. The...
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