Flux, previously known as Zelcash, is a decentralized computational network designed to provide a scalable and decentralized infrastructure for blockchain applications. It aims to deliver a cloud-based solution that offers high availability and redundancy, making it a viable alternative to traditional centralized cloud services.
History of Flux
Flux was initially launched as Zelcash in 2018. It was developed as part of the Zel Network, which focused on creating a decentralized ecosystem for blockchain applications. The project underwent a rebranding to Flux as part of its vision to expand its functionalities and services. The transition was intended to better align with its mission of providing decentralized cloud computing resources.
How Flux works
Flux operates as a decentralized computational network powered by its own blockchain. It leverages a network of nodes to provide computational resources, enabling developers to deploy and manage applications in a decentralized manner. The network is designed to support various blockchain applications, providing a robust and redundant infrastructure.
FluxOS
FluxOS is the operating system that powers the Flux network. It allows for the orchestration of computational tasks across the network's nodes. With FluxOS, developers can deploy applications using Docker, a popular platform for containerized applications, ensuring compatibility and ease of use.
ZelNode architecture
Flux's network of nodes, known as ZelNodes, plays a crucial role in maintaining the network's operations. ZelNodes are categorized into three tiers—Cumulus, Nimbus, and Stratus—each providing different levels of computational power and storage. These nodes are incentivized through rewards, ensuring the network's sustainability and security.
Applications of Flux
Flux's decentralized cloud infrastructure is designed to support a wide array of applications, including blockchain projects, decentralized finance (DeFi) platforms, artificial intelligence, and data analysis. By offering a decentralized alternative to traditional cloud services, Flux aims to enhance the scalability, availability, and redundancy of these applications.
Decentralized finance (DeFi) integration
Flux's infrastructure is particularly suited for DeFi applications, which require high levels of security and redundancy. The network's decentralized nature ensures that DeFi projects can operate with reduced risk of downtime or centralized failures, making it an attractive option for developers in this space.
Blockchain interoperability
Flux is designed to be interoperable with various blockchain networks, allowing for seamless integration and interaction between different ecosystems. This interoperability expands the potential use cases of Flux, making it a versatile solution for cross-chain applications and services.
Governance model
Flux employs a decentralized governance model, allowing community members to propose and vote on network upgrades and changes. This model ensures that the project remains aligned with the needs and interests of its users, fostering a sense of ownership and participation within the community.