Thursday, July 25, 2024
HomeNewsAsiaDecentralization has become critical

Decentralization has become critical

With the integration of Internet infrastructure in the hands of a few large companies, decentralization has become critical. In this way, companies have the responsibility to become good stewards of the Internet. When many users begin to wonder how their data is used, there are few centralized solutions available.
To accelerate the concept of a decentralized Internet and provide users with a legal alternative to existing settings, companies need an infrastructure standard that will enable them to more easily provide their products. Similar to the way Amazon Web Services (AWS) provides enterprises with a back-end to create complex applications for users, a solution is needed to help organizations in each industry run their blockchain use cases. By making available backends that were previously expensive and time-consuming, more decentralized applications can be made available to users, enabling them to get rid of the centralized Internet that is currently mainly used.
Therefore, the next generation of blockchain technology needs to solve two problems, decentralization of the Internet and the creation of a standard method to achieve real use cases. Later there was a flux to solve these two problems.
As the team said, "Flux is building the future of Internet decentralization. This is a magical constellation composed of a group of talented and motivated people, with a spirit of innovation and freedom, and great blockchain technology. "The team has now stated that they have more than 2,200 nodes ready to provide services for all decentralized applications of the next-generation Internet.
A complete ecosystem composed of various parts at present, Flux consists of a locally mineable proof-of-work (PoW) cryptocurrency (Flux), a decentralized computing network called FluxNodes, a Linux-based operating system (FluxOS), and a blockchain application suite (Zelcore). )composition. In short, as an independent, community-driven, open-source project, this ecosystem provides multiple functions and does not require venture capital. Combined, the Flux approach can challenge existing centralized institutions in a given business unit with decentralized alternatives, similar to Satoshi Nakamoto's original vision.
The network itself can run any dockerized application, making application development and deployment relatively simple. One example is Kadena, the platform's partner. Kadena blockchain provides one of the fastest hybrid blockchain platforms in the world. It runs full nodes on the Flux network while generating revenue for Flux nodes, and uses Flux as an infrastructure platform for full node operations.
Flux utilizes unlimited contracts to some extent, making each DApp act as a smart contract on Web 3.0. The result is that each contract is infinitely scalable, can be written in any programming language, and integrated on any blockchain.
- Advertisment -

Most Popular

Recent Comments