Flux is a decentralized cloud infrastructure network — sometimes called “Web3’s AWS” — where thousands of node operators worldwide provide CPU, RAM, and storage resources that power distributed applications (“FluxApps”), with FLUX as the payment and incentive token. Originally launched as Zel in 2018, it rebranded to Flux to reflect the broader vision: a censorship-resistant, decentralized computing cloud where developers deploy applications that run in parallel across many nodes simultaneously, gaining resilience unavailable on any centralized cloud provider. Flux uses Proof of Work (PoW) with a custom algorithm, making it one of the few significant PoW coins launched post-2018.
| Stat | Value |
|---|---|
| Ticker | FLUX |
| Price | $0.06 |
| Market Cap | $23.39M |
| 24h Change | +4.1% |
| Circulating Supply | 407.01M FLUX |
| Max Supply | 440.00M FLUX |
| All-Time High | $3.33 |
How It Works
FluxNode tiers:
Node operators stake FLUX collateral (three tiers) to run nodes and earn block rewards:
- Cumulus — 1,000 FLUX stake; ~2 CPU, 4GB RAM
- Nimbus — 12,500 FLUX stake; ~4 CPU, 8GB RAM
- Stratus — 40,000 FLUX stake; ~8 CPU, 32GB RAM
Higher tiers earn proportionally more FLUX rewards.
FluxApps:
Developers deploy containerized applications (Docker) that automatically replicate across 3+ Flux nodes. Applications are censorship-resistant — no single entity can take them down. Use cases include websites, APIs, databases, and blockchain nodes.
Proof of Work:
Flux uses ZelHash (PoW algorithm) for block creation, distributing mining rewards plus node collateral rewards. This creates a dual-payout system: miners + node operators both earn FLUX.
Parallel assets:
FLUX exists on multiple chains (Ethereum, BNB Chain, Kadena, etc.) as wrapped tokens (parallelFLUX), enabling cross-chain DeFi use of FLUX collateral.
Tokenomics
| Metric | Value |
|---|---|
| Max Supply | 440,000,000 FLUX |
| Block Reward | Split: miners + node operators |
| Node Tiers | 3 tiers; different collateral requirements |
| Mining | PoW (ZelHash); GPU mineable |
| Halving | Periodic emissions reduction |
Use Cases
- Node collateral — FLUX staked to run FluxNodes and earn rewards
- FluxApp payments — Developers pay FLUX to host distributed applications
- Mining — GPU miners earn FLUX block rewards
- DeFi — Wrapped FLUX on Ethereum/BNB used as collateral in DeFi
History
- 2018 — Zel Technologies founded; ZelCash (ZEL) launches as a PoW privacy coin
- 2021 — Rebrands to Flux; pivots from privacy coin to decentralized cloud narrative
- 2021 — FLUX ATH ~$3.00; node count surpasses 10,000; major rebranding campaign
- 2022 — Flux Web3 cloud expansion; partnerships with Presearch, NiceHash
- 2023 — Flux AI node initiative; FluxEdge GPU marketplace for AI workloads
- 2024 — Node count maintained at 12,000+; FluxEdge grows as AI GPU compute marketplace
Common Misconceptions
“Flux is just a Filecoin competitor.” Flux provides compute (CPU/RAM for running applications), while Filecoin provides storage. These are complementary services — Flux is closer to AWS EC2, Filecoin closer to AWS S3.
“PoW chains are obsolete.” Flux deliberately uses PoW for decentralized node incentives while separating the node (computing) layer from pure mining — a hybrid design different from Bitcoin or Ethereum Classic.