Potion Mageek

@PMageek

J'aime parler de web3, blockchain et des cryptomonnaies. NFA & DYOR (because it's important) - #BTC $BTC #RunOnFlux $Flux Langues : FR / EN

Joined June 2021

141 Following

18 Followers

198 Posts

PMageek retweeted

Flux I Decentralized Cloud

@RunOnFlux

over 2 years ago

An Open Letter to @coinbase @krakenfx **A Thread** We are tired of watching dog coins added while real groundbreaking tech is passed by. #Flux is the clear leader in #Depin and #Web3 so what gives? Flux: Building the New Internet-DePin Leaders Flux By the Numbers: 125,000+ Transactions per day (beating $LTC, $BCH, and other Bitcoin Forks) 25,000+ Applications running on the $Flux network (625% increase over the past year) 7000+ GPUs Ai and Render #FluxEdge, Alpha (https://t.co/pr8aDt0j42) Total Cores: 101,240+(https://t.co/EpK3e8NDaj) Total RAM: 262.46 TB Total SSD: 6.80 PB Total HDD: 1,474.98 TB CMC Top 175 (Organic growth and development) 11 Parrell-Asset Chains, Including BASE Zelcash rebranded into Flux, a decentralized and cloud-based computation network, three years ago. Since then, Flux has grown into an ecosystem with different specialized offerings while maintaining an overarching vision: becoming the cloud infrastructure base of the new internet. How does Flux address the rapidly evolving internet's needs, challenges, and limitations? Most importantly, how are we shaping the future of decentralization today? Application Resilience Flux's decentralized network of nodes addresses the inherent limitations and risks of the traditional infrastructural system. Applications that operate on the centralized mechanism offered by Web2 providers are often susceptible to single-point failure risks, ranging from accidents and natural disasters to distributed denial of service (DDoS) attacks. When the OVH data center in Strasbourg was knocked out in a 2021 fire incident, over 3.6 million websites went dark (including around 2% of the . FR domain extension user base). Flux Cloud, however, offers a different approach: deployed DApps are distributed over a geographically decentralized network of 13,000+ nodes, with each application spawned on a minimum of three instances. If the current application instance goes down due to any issue, the server load is immediately rebalanced, and another instance takes over while maintaining data integrity. This positions the network as a perfect solution for handling application needs where resilience and high availability are critical factors. Privacy and Security Using industry-standard encryption, Flux offers incredible privacy and security for all products across its platform. Two significant solutions for securing digital assets and tokens are @zelcore_io and @SSPWallet_io wallet. Zelcore is a multi-chain, Web3-based, non-custodial wallet platform. It features parallel assets and other integrated applications that connect Flux with other blockchains, link users to different exchanges, and enable node operators to manage their FluxNodes. Its decentralized 2-factor authentication system called Flux-ID further enhances the wallet's security. This system also ensures that all digital footprints and password information are wholly wiped off immediately after users exit the app, erasing the possibility of a compromised wallet. Flux rolled out the SSP wallet earlier this year as a paradigm shift to self-custody, usability, and crypto-security. SSP, available as a Chrome extension, boasts a multi-sig design that requires transactions initiated on the wallet to be signed by a corresponding private key (mobile app) before being authenticated. The seeds are never shared between the devices, rendering it an impenetrable 2-of-2 wallet. SSP also retains a simple, user-focused interface that targets new Web3 users, providing a seamless interaction experience. Decentralizing Content Delivery Early this year, Flux released a decentralized version of WordPress, the world's most popular CMS software. WordPress on Flux offers a unique proposition, with the flexibility of WordPress and the turbo-charged performance of the Flux computational network. On the other hand, it also illuminates a pertinent issue: the centralization of internet traffic in the hands of a few providers. WordPress on Flux benefits business owners, bloggers, journalists, and others. It relies on an infrastructure free from the genuine threat of de-platforming, ensuring the continuity of its online presence. Also, its flexibility, affordability, and high availability offer a winning proposition for e-commerce store owners. Business owners can leverage the inbuilt Flux geolocation support to spawn their application instance on nodes closest to their target market, reducing latency and enhancing accessibility. Geolocation support also allows developers and owners to manage any regulatory or compliance-based restraints on the use and operation of their applications. WordPress on Flux delivers impressive performance with lower overhead costs than traditional hosting providers. Environmental Sustainability Flux is committed to ensuring innovative solutions are scalable, energy-efficient, and environmentally sustainable. To ensure this, the ecosystem uses an ASIC-resistant mining algorithm to regulate energy levels. Flux has also migrated to adopting a Proof of Useful Work (PoUW) consensus instead of the high energy demands of a classical POW project. Flux advocates for a negative carbon footprint to build sustainable environments. Therefore, in 2022, Flux signed the crypto climate accord– a private sector-led initiative for the entire crypto community focused on decarbonizing the cryptocurrency and blockchain industry in record time. Decentralized Physical Infrastructure Networks: Flux is also positioning itself as a significant player in the DePIN industry with the FluxEdge Marketplace (currently in alpha). FluxEdge will provide a vital platform that allows researchers, businesses, and startups to access GPU resources easily and at more competitive prices. It aims to address the current computing strain that has become a severe bottleneck to critical advancements in AI, machine learning, and the Internet of Things (IoT). Flexibility and Pricing: Payment on decentralized platforms often requires interaction with a wallet. While this may be fine for users already accustomed to the ecosystem, it usually poses a steep curve for new adopters. Therefore, Flux has a fiat payment mechanism in place that allows users to pay directly for cloud services. In April, Flux Single Sign-on (SSO) was implemented to allow users to log into FluxOS applications without requiring a wallet. Instead, they can use the more familiar alternatives like Google Sign-in, Apple ID, or an email address. Flux offers affordable prices for its services, making it an ideal choice for scaling out applications while managing costs. For example, renting a 2 vCPU (8 GB/100 GB) on Flux costs less than $10, compared to $176 on Google Cloud and $116 on Azure. Partnerships and Collaboration Flux maintains a massive network of partnerships and collaborations with companies that are top players in the blockchain and tech landscape. These include Lumen, Nvidia(inception), Suse, Presearch, Rosetta SeeedStudio, Kadena, and CoinRequest. The future of decentralization can only be made possible on a united front, and Flux is committed to breaking boundaries by fostering synergy within and across industries. Flux's unparalleled infrastructure network, service delivery, and cost-effectiveness position it today as a foremost decentralized cloud solution provider. We are changing the narrative. We are building the new internet. We enable users to transition seamlessly into Web3 technologies. Welcome to the new world.

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