Dr. Fan Lengthy is the co-founder of Conflux Community, a PoW/PoS Hybrid Blockchain. Dr. Fan Lengthy graduated from Tsinghua College Yao Class, and he holds Ph.D of Laptop Science from MIT. His analysis pursuits embrace methods safety, programming languages, and blockchain.
Why it’s best to pay attention
Conflux is a public blockchain with superior efficiency, a singular consensus mechanism, and an revolutionary dual-space design. These options allow Conflux to ship a quick, safe, and decentralized platform that’s well-suited for numerous functions, together with decentralized finance and Web3.
Conflux employs a hybrid consensus mechanism, combining Proof of Work (PoW) and Proof of Stake (PoS), making certain excessive safety, throughput, and decentralization. Conflux’s PoW consensus leverages the Tree-Graph ledger construction and GHAST algorithm, delivering a excessive transaction throughput of as much as 3,000 TPS and affirmation latency inside 1 minute, whereas sustaining the identical stage of decentralization as Bitcoin Fan explains Conflux’s distinctive options resembling its hybrid proof-of-work/proof-of-stake blockchain, the tree graph ledger construction, and its compliance with Chinese language rules. Fan explains China’s stance on blockchain and cryptocurrency regulation, highlighting their considerations about capital outflow and help for know-how improvement.
Fan Lengthy shares some use instances of Conflux Community, together with NFTs getting used as advertising and marketing instruments in China and collaborations with China Telecom to develop a blockchain SIM card that enables easy accessibility to web3 property. Future plans for Conflux embrace an upcoming laborious fork to reinforce efficiency and compatibility with Bitcoin layer two options.
Supporting hyperlinks
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