For the Flax Network team today is a wonderful milestone; their Chia fork has crossed 1 EiB of netspace over night. It is an incredible accomplishment to have gotten their coin to that much netspace, possibly a truly secure PoST blockchain. Based on my conversation with their developer they never expected Flax to blow up like this, but it has. One of the major off-chain pools, Foxypool, even has a pool starting up to farm Flax.
I have been thinking a lot about “why Flax” recently, and I think what will make the most sense is as a UAT environment for Chia software. Before launching something on-chain for Chia and putting valuable XCH at risk permanently a developer can launch a DeFi application, or some other Chialisp wizardry and run it on the Flax chain with real coins and real users before deploying it to the Chia blockchain.
Thank you to a few of my readers for reaching out about this. This is clearly of interest to the community considering how rapidly people were messaging me on Discord and Telegram when Flax crossed the threshold. If I were the Chia Network development team I would be paying very close attention to Flax, possibly also work with their developer to ensure their update windows stay tightly coupled. Supposedly another sketchy fork, Chives, is launching tomorrow so its good to have one honest fork to point to when discussing the less honest ones.