Network Flux is a decentralized cloud computing network on the Flux blockchain, which utilises Proof of Work (PoW) consensus mechanism. It aims to solve one of the biggest issues facing the blockchain sector – centralization.
What does Network Flux do?
In a decentralized ecosystem, any point of centralization creates a weak link in the network. One area where centralization has proven to be a real problem is with oracles.
Oracles are off-chain sensors. These protocols can receive and send data from the blockchain. They enable decentralized applications to provide more services and features to the market. As such, they are one of the fastest-growing areas of blockchain tech in use. However, these systems are fundamentally flawed because they typically operate in a centralized manner.
Network Flux aims to solve this by providing multiple layers of decentralization to improve security performance, and oracle data streams within the market. Flux is therefore resilient to system failures as all data is kept in redundancy.
How does Network Flux work?
The network contains Flux Nodes, which are a critical component of the system. These nodes can be hosted on enterprise-grade hardware which improves participation and performance. There are bare metal, cloud-based, ARM64, and VPS servers hosting Flux nodes. In total, the network has 2371 nodes at this time.
In addition, FluxOS is a second-layer cloud operating system that leverages API access and other core features to provide developers access to Flux regardless of their network. The protocol is compatible with any blockchain and any hardened dockerized applications. Users can deploy Dapps, check nodes, view network statistics, resources, and vote on network upgrades using this protocol.
The FluxOS represents a significant change in strategy from developers. It improves the functionality and usability of the system and opens the door for large-scale adoption of these features across a wide variety of decentralized networks.
In Conclusion
Network Flux aims to solve the shortcomings of a blockchain system involving oracles. This is important because external information that misbehaves may cause severe damage to the blockchain network.
