BLOCX.Price

(BLOCX)

The project is not shutting down; it is undergoing a major migration from its legacy Proof-of-Work (PoW) mainnet to a new EVM-compatible Proof-of-Stake (PoS) chain, known as BLOCX 2.0. Warning notices on various market aggregators and exchanges refer specifically to the deprecation of the old token and network. Users are urged to transition to the new contract to continue utilizing the ecosystem. LBank and other supporting platforms aim to keep users informed during these transitions to ensure they can access the updated features and security of the new BLOCX network.

The transition to PoS was implemented to enhance scalability, reduce transaction costs, and enable seamless integration with the Ethereum Virtual Machine (EVM) ecosystem. This shift allows BLOCX to more effectively support smart contracts, which are essential for its decentralized physical infrastructure (DePIN) marketplace and GPU rental services. By moving away from energy-intensive GPU mining, the project gains the flexibility needed to build a more robust and sustainable ecosystem for decentralized hardware management and security.

Migration involves moving assets from the old PoW-based network to the new EVM-based smart contract. Users should follow official guides provided by the BLOCX team, which typically involve using a dedicated migration portal or the official web wallet. For tokens held on centralized exchanges, users should monitor whether the platform supports the swap automatically. If a platform ceases support for the legacy version, users must withdraw their funds to a private wallet and perform a manual swap through official project channels to ensure their assets remain valid.

BLOCX positions itself as a security and management foundation for Decentralized Physical Infrastructure Networks (DePIN). Its core offering is an AI-powered Computer Manager that provides malware protection, internet security, and system optimization. Essentially, it functions as a decentralized antivirus and administrative suite for the hardware powering the DePIN world. By securing the physical nodes and devices that make up these networks, BLOCX ensures a safer environment for users to rent out or utilize computational resources across the decentralized web.

With the transition to Proof-of-Stake, the reward structure has evolved from traditional mining to a utility-focused model. Currently, 70% of rewards are allocated to Validator Nodes that secure the network through staking and governance. The remaining 20% of rewards are dedicated to GRIDBOX Hosts. This allows GPU owners to continue earning rewards by providing actual computational power for AI processing and hardware rentals instead of performing arbitrary hashing. This model shifts the focus toward providing tangible services to the network.

The BLOCX Desktop App is a comprehensive tool designed for security, system management, and resource monetization. Key features include a secure Keys and Password Vault for decentralized credential storage and an encrypted Remote Access tool for safe hardware management. Additionally, it offers a System Tune-Up suite to optimize computer performance. A major highlight is the monetization feature, which allows users to rent out their idle GPU, CPU, or storage space to others, turning their hardware into a functional asset within the DePIN ecosystem.