I came across Conflux, which is a hybrid permissionless blockchain combining proof of work (PoW) and proof of stake (PoS) mechanisms.
What caught my attention is Conflux's alignment with China's regulatory environment, allowing it to navigate the local market and take advantage of the evolving crypto landscape.
Conflux recently underwent a PoS upgrade and introduced the eSpace platform, which is compatible with Ethereum. These developments ensure high throughput, low latency, and strong security. Conflux's technical architecture stands out with its Tree-Graph consensus algorithm, enabling the simultaneous generation of multiple blocks for improved network throughput. Additionally, its layered architecture facilitates efficient data processing and supports smart contracts in various programming languages.
As a Layer 1 blockchain network, Conflux offers scalability, security, and flexibility in smart contract execution. Despite facing stiff competition and alternative options, Conflux remains a robust project with promising potential. It has experienced significant growth in recent years, and I see further potential for the upcoming bull run. Show Less
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