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FLUX coin is renamed from ZEL token.
The FLUX ecosystem is a set of distributed computing services and blockchain cloud service solutions (BAAS), which together provide an interoperable decentralized development environment similar to Alibaba Cloud and AWS. FLUX uses POW as the basis to provide node runner rewards for participation and on-chain governance.
The Flux operating system runs on top of Linux, provides the network with proven enterprise-grade computing power, and leverages blockchain to ensure transparency in governance operations. FLUX node operators can choose one of three hardware requirements and provide support for the entire node network. In this way, any node that runs a node to provide computing power to the network can get rewards.
Flux is the cryptocurrency that powers the Flux ecosystem, including a vast decentralized computing network. Flux provides users with both institutional and private control over their cloud infrastructure in a decentralized manner.
Flux provides incentives for miners and FluxNode operators on the highly scalable Flux network, and is the currency that buys resources and facilitates transactions on the computing network we call FluxOS.