Conflux (CFX) v3.0.3 Testnet Unveiled: Powering Up with CIP-166 and Critical Fixes

Conflux Network: Bridging East and West in Web3 Conflux (CFX) stands as a unique layer-1 blockchain, distinguishing itself with a high-performance, permissionless network that utilizes a novel Tree-Graph consensus mechanism. This hybrid PoW/PoS architecture aims to achieve high throughput and scalability without compromising decentralization and security. Often dubbed “the only regulatory-compliant public blockchain in China,” Conflux plays a pivotal role in fostering cross-border collaborations and bringing Web3 innovation to a massive user base. Its EVM compatibility further lowers the barrier for existing Ethereum developers, allowing them to deploy dApps with ease and benefit from Conflux’s enhanced performance. ...

October 27, 2023 · Web3 Researcher