Cryptocurrency Q&A
What network is flux coin on?
What network is flux coin on?
CosmicWave
Mon Jun 24 2024
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7 answers
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Could you please elaborate on the network that Flux coin operates on? I'm curious to understand the underlying infrastructure and technology that supports this cryptocurrency. As a crypto enthusiast, I'm always interested in exploring the different blockchain networks and their unique features. Could you provide a brief overview of the network, including its scalability, security measures, and any other distinguishing factors? Additionally, is Flux coin a native token of this network, or is it a cross-chain asset? Thank you for your insight and assistance in this matter.
7 answers
Dario
Tue Jun 25 2024
At the core of Flux's blockchain is a modified version of the Equihash algorithm.
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Giulia
Tue Jun 25 2024
Equihash is a well-regarded algorithm known for its security and efficiency, especially in the context of decentralized networks.
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CryptoTamer
Tue Jun 25 2024
Flux operates on its proprietary blockchain network, distinct from other cryptocurrencies.
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InfinityEcho
Tue Jun 25 2024
Its genesis can be traced back to a fork of the ZCash blockchain, but over time, Flux has evolved to establish its own independent blockchain.
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Federico
Tue Jun 25 2024
The choice to utilize a modified Equihash algorithm reflects Flux's commitment to maintaining a robust and secure blockchain.
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