Conflux is an ambitious blockchain project that aims to tackle the scalability trilemma—balancing scalability, security, and decentralization faced by many existing blockchain networks. Here is my opinion on Conflux:
Conflux's key strength lies in its unique consensus algorithm, known as Tree-Graph (T-G) consensus. This innovative algorithm combines the benefits of a directed acyclic graph structure with a blockchain, enabling high transaction throughput and low confirmation times. T-G consensus allows for parallel processing of transactions, improving scalability and enhancing the overall performance of the network.
Another notable feature of Conflux is its compatibility with the Ethereum Virtual Machine. This compatibility means that developers can easily port their existing Ethereum smart contracts to the Conflux network, expanding the ecosystem and leveraging the vast array of tools and resources available in the Ethereum ecosystem. Show Less
