TechFlow news: The decentralized computing network Flux will launch its 10th parallel asset, Flux-Bitcoin, in the fourth quarter of 2023, and reward $FLUX holders through a Halloween snapshot.
Flux-Bitcoin will bring Bitcoin's stability and lightning speed, enabling users to fully leverage Bitcoin's technology. The launch of this parallel asset will also position Flux as the leading cloud provider for hosting Lightning Network clients, Taproot Assets clients, and Universe Nodes. It will provide developers with opportunities to build instant crypto payment solutions using the Lightning Network.
To qualify for Flux-Bitcoin rewards, users must hold $FLUX in a Zelcore wallet at the time of the Halloween snapshot. All Flux holders are eligible, including those who have staked FLUX in FluxNodes or Titan Nodes, as well as holders of Flux parallel assets. Rewards for Flux-Bitcoin will be distributed at 4% of the amount of $FLUX held.
