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About Flux

Flux is a cryptocurrency that fuels the Flux ecosystem, a platform dedicated to fostering the development, deployment, and use of the decentralized Internet of the future, known as Web3. The Flux ecosystem comprises a native, minable POW cryptocurrency ($FLUX), a decentralized computational Flux Network (FluxNodes), a Linux-based operating system (FluxOS), the premier digital asset platform (Zelcore), and the Flux blockchain for on-chain governance, economics, and parallel assets to provide interoperability with other blockchains and DeFi access. Flux aims to develop a decentralized Web3 infrastructure, with a focus on reducing points of failure and improving uptime, striving to transform how we view Proof of Work blockchains and address the current sustainability issues often criticized by blockchain critics.

Flux operates through a network of decentralized nodes run by users worldwide, contributing to the global network of decentralized systems. The Flux ecosystem uses parallel assets, akin to token bridges, allowing assets to be ported from one blockchain to another. This interoperability enables developers to run any application on any blockchain, thanks to the software’s cross-compatibility. Flux also introduces Proof of Useful Work (PoUW), aiming to harness the vast amount of compute power its GPU miners use to secure the blockchain by solving real-world problems instead of the random problems used in traditional PoW chains. Flux also provides on-chain staking in Titan nodes and other platforms, providing various ways for users to benefit from the Flux ecosystem.

Flux aims to empower everyone to develop, deploy, and use the decentralized Internet of the future: Web3. It seeks to solve real-world problems ranging from encoding video to predicting the weather to assisting research teams with their machine learning models. Flux's parallel assets can be integrated with different applications, including those of decentralized finance on the Flux computational network, thus removing the risks of those applications being limited to the Flux network. This interoperability allows development teams working on projects using Flux to maintain the uniqueness of their blockchains while still being able to access all the infrastructure they need in the Flux ecosystem.

Flux was co-founded by Daniel Keller, Tadeas Kmenta, and Parker Honeyman, who bring a wealth of experience in technology infrastructure, operations, and large-scale project leadership. Flux has been GPU mined since day one, with no ICO/IEO/Pre-sale held. The Flux ecosystem has grown to include a native, minable POW cryptocurrency, a decentralized computational Flux Network, a Linux-based operating system, and the Flux blockchain. Flux has collaborated with various entities such as Nvidia’s Inception program, Seeed Studio, Lumen Technologies, and OVHcloud, to foster the development and adoption of Web3 and the underlying next-gen technologies. Flux has also launched several parallel assets, including Flux-Kadena, Flux-ETH, and Flux-BSC, which exist on various blockchains.

Market

Canada Market Stats

Market cap

CA$405.8M

Volume (24h)

CA$12.3M

Circulating supply

346.0M FLUX

All time high

CA$4.17

Price change (1h)

+0.73%

Price change (24h)

-5.21%

Price change (7d)

-14.24%

Canada News about Flux

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The Block • Apr 30, 24

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A prospective stablecoin bill will likely not be included in the upcoming must-pass FAA bill as lawmakers try to get the bill passed.

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Flux is on the decline this week.

The price of Flux has increased by 0.73% in the last hour and decreased by 5.21% in the past 24 hours. Flux’s price has also fallen by 14.24% in the past week. The current price is CA$1.17 per FLUX with a 24-hour trading volume of CA$12.33M. Currently, Flux is valued at 71.85% below its all time high of CA$4.17. This all-time high was the highest price paid for Flux since its launch.

The current circulating supply of Flux is 346,040,849.799 FLUX which means that Flux has as total market cap of 346,040,849.799.

FAQ

What is the current price of Flux?

We update our Flux to CAD currency in real-time. Get the live price of Flux on Coinbase.

What is the market cap of Flux?

The current market cap of Flux is CA$405.77M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Flux?

The all-time high of Flux is CA$4.17. This all-time high is highest price paid for Flux since it was launched.

What is the 24 hour trading volume of Flux?

Over the last 24 hours, the trading volume of Flux is CA$12.33M.

What other assets are similar to Flux?

Assets that have a similar market cap to Flux include Storj, PAAL AI, Ravencoin, and many others. To see a full list, see our comparable market cap assets.

How many Flux are there?

The current circulating supply of Flux is 346 million.

Can I buy Flux on Coinbase?

Yes, Flux is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Flux guide.