Flux (FLUX) - the transaction-focused cryptocurrency that focuses on supporting decentralized applications or dApps.
- Flux (FLUX) is a cryptocurrency entirely focused on transactions made in dApps.
- Thanks to its nature and creation, it is used in many games and platforms, such as with Blizzard Entertainment.
- These applications use the FLUX token as a form of payment and to incentivize user participation.
Key Flux Metrics (FLUX)
Cap de Mercado
What is Flux (FLUX)?
Flux (FLUX) is a cryptocurrency that focuses on creating and supporting decentralized applications (dApps) for gaming and other industries. It launched in 2019 and uses blockchain technology to secure movements and store data in a decentralized manner.
A key feature of Flux is its scalable processing capabilities. It uses a multi-layered transaction processing system, which allows for faster processing speed compared to other cryptocurrencies. In addition, it also uses a proof-of-stake (DPoS) delegated consensus system, which means that users can participate in decision-making and network governance.
The story of Flux (FLUX) begins in 2019, when it was first launched as a cryptocurrency that focuses on creating decentralized applications for gaming and other industries. The project was founded by a team of developers led by Nathan Ginnever, who has a background in the gaming industry and has worked at companies such as Blizzard Entertainment.
In 2020, Flux launched its own ecosystem of decentralized apps, which includes games and other apps. These apps use the FLUX token as a form of payment and to incentivize user participation. In addition, Flux has established partnerships with some companies in the gaming industry to jointly develop blockchain-based apps and games.
In 2021, Flux launched a major upgrade to its network called FluxNodes, which allows users to run nodes on the network and receive rewards for participating in the governance and security of the network. This upgrade also enabled greater network scalability and security.
Flux (FLUX): What makes it different and why invest?
Flux also has its own ecosystem of dApps, including games and other apps, which use its FLUX token as a form of payment and to incentivize user participation. In addition, Flux has established partnerships with some companies in the gaming industry to jointly develop blockchain-based apps and games.
Since its launch, Flux has worked on developing its own blockchain technology, which uses a scalable multi-layer processing system to increase transaction processing speed. It also uses a DPoS consensus system to enable users to participate in decision-making and network governance.
In terms of price, the value of Flux has experienced significant volatility since its launch. However, in recent months it has experienced an increase in value, like many other cryptocurrencies.
Flux Community and Social Channels (FLUX)
Other Listings Available in TruBit Pro 👇
▷ Gala (GALA) | What it is and How to Buy | Trade Now
It's time to trade! Learn all about Gala (GALA), find out what it is, its price and how you can get it.
OMG Network (OMG) | What It Is | Price TODAY | Available Now
All about OMG Network (OMG), available NOW on TruBit Pro. Find out what it is and what the price is TODAY.