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... More
Conflux is led by a group of computer science scholars from the University of Toronto and China’s Tsinghua University which includes Turing Award Winner Dr. Andrew Chi-Chih Yao. Considered a computer science legend, Dr. Yao has been recently dabbling into several aspects of cryptocurrencies such as incentives or consensus. Some of that work resulted in a research paper that outlines the basics of the Conflux chain.
They have received funding from a group of notable investors to the likes of Sequoia China, Baidu Ventures, crypto exchange Huobi, Metastable and IMO Ventures.
Conflux is emerging as a captivating blockchain project which boasts an innovative technical architecture that places a strong emphasis on scalability, security and flexibility in smart contracts and it has a flourishing ecosystem of over 100 projects.
However whilst other analysts are seeing Conflux’s alignment with China + Chinese regulations as a strength I see this as a potential for many... More
Conflux, which entered my radar in March due to its impressive growth of near 10 times in February and securing a spot among the top 100 tokens by market cap.
Technologically, Conflux positions itself as a superior Ethereum, boasting a high throughput of 6,000 TPS and claiming to solve the Blockchain Trilemma with its innovative Tree-Graph Consensus Algorithm. However, it remains to be seen how... More
I decided to focus on on-chain metrics, because it is important for blockchain technology as no matter how cool the technology is, if no one uses it, then there's no point in it. Little online activity, so I gave it 3 stars.
Let's look at Pow active accounts now it is only 4k unique users on average, although blockchain was launched in 2020, throughout the time there is no steady growth seen,... More
I am unsure if the tokenomics have been updated as I am unable to find any information on their website, but managed to find a link for their whitepaper back in 2020 when they were still running a PoW system.
https://confluxnetwork.org/files/Conflux_Economic_Paper_20201230.pdf
5 billion tokens minted on genesis, with the following breakdown:
I came across this blockchain last week and discovered another user has already beat me to it in making a review on it haha but nevertheless i will drop mine.
Conflux adopts a unique consensus mechanism known as Tree-Graph (T-G) consensus. This consensus algorithm combines a directed acyclic graph (DAG) structure with a blockchain, offering a scalable solution. T-G consensus enables parallel... More
Conflux is a blockchain platform that embraces innovation and pushes the boundaries of what is possible. Imagine a decentralized network that enables lightning-fast transactions and seamless scalability, all while maintaining the utmost security and reliability. Conflux brings this vision to life, introducing a new era of possibilities in the blockchain realm.
What sets Conflux apart is its... More
If I had a chance to review the project back in early 2023 with the China narrative ongoing, I would have said that I would be open to investing in this project, although not with a percentage of my portfolio allocated to Conflux. The project seemed like the perfect opportunity back then, with it being backed by the Chinese government, and also having backing with China companies such as with... More
Conflux is a permissionless, public blockchain network that combines proof-of-work and proof-of-stake consensus mechanisms. Its core innovation is a Tree-Graph consensus algorithm that enables simultaneous generation of multiple blocks, improving throughput and scalability. Conflux offers high transaction speeds of 6,000 TPS and supports flexible smart contracts across programming languages.
In... More
I heard about Conflux back in March due to the 'China Narrative', as it was touted as the Ethereum of China., but better.
Conflux makes use of a consensus mechanism called Tree-Graph that claims to more powerful and efficient than Proof-of-Stake, but I would like to see if details such as tps, transaction cost, finality etc can be showcased for better comparison - and also to see if there are... More
Conflux (CFX) is a cryptocurrency launched in 2020 which means that by now it should have gained enough traction to allow us to have some hope that the world is bigger than the painfully expensive and slow chains around our necks (BitCoin and Ethereum).
The China across borders aspect (as first detail by iiJJGii) makes Conflux even stronger given the huge effort which China is putting into AI... More
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... More
Conflux CFXConflux (CFX) is a cryptocurrency launched in 2020
