Written by Conflux Network’s DeFi Analyst Sami Tannir
While non-fungible tokens or NFTs have been around since early 2018, the market for this unique token standard largely remained a niche for hardcore blockchain enthusiasts until an uptick in innovation saw the sector explode in the second half of 2020 where volume increased more than 200% topping more than $9 million. Picking up steam in 2020, the market is now having a DeFi-Esque moment where 7-day volume is just shy of $67 million. With some market analysts now projecting the total market cap for project-based NFTs could rise to more than…
Conflux Network is excited to announce that we have joined the Blockchain Game Alliance (BGA) as a member. The Blockchain Game Alliance is an organization committed to promoting blockchain within the game industry.
Conflux and the BGA both share the same vision of spreading awareness about blockchain technologies and encourage adoption by highlighting their potential to foster new ways to create, publish, play, and build strong communities around games.
As the only public permissionless L1 endorsed by the Chinese government, Conflux plans to enable alliance members technological, cultural and compliant bridges between China and the West, as well as, bring…
Through funding and support from the grants program, our goal is to support innovation, and build an equitable and inclusive future, connecting economies and communities across the globe.
We have some amazing grant recipients already building on Conflux. These projects all have ambitious goals that will hopefully inspire you—check out their progress! (If you have an innovative project idea we’d love to hear from you)
Reach is a new programming language enabling real world development on blockchain through simple and fast enablement tools. DApps to be easily built in a matter of days instead of months. The team has been…
Conflux (Tethys) Network has been open to the public for more than three months. To build a more transparent Conflux Network, the Conflux Foundation has decided for the first time to disclose the quarterly CFX Financial Report between November 2020 and January 2021.
The Conflux Economic White Paper notes that 5 billion CFX genesis tokens will be issued, and it stipulates the percentages and rules of pre-mine’s distribution. The White Paper states that 16% of the issued tokens are for private equity investors and foundation reserves with an unlock period of 2 years; 36% of the tokens belong to the…
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The CIP-37 upgrade is a conversion from the old Conflux address format to a new format.
Users can still log into their Conflux wallet through the private keys or secret phrases. User assets will not be affected and it does not change the public chain’s consensus layer.
The upgrade time will occur during the Chinese Spring Festival, so users may not get responsive technical support when upgrading . It is recommended for all Conflux ecosystem projects to upgrade to the new nodes after February 22.
Currently, Conflux addresses are very similar to Ethereum addresses. In many cases, they are compatible…
Reach is a new programming language enabling real world development on blockchain through simple and fast enablement tools.
As a recent grant recipient, Conflux and Reach share a vision for faster, easier developer onboarding and DApp deployment. Our integration will foster these efforts, and support overall growth for the ecosystem.
Reach will enable tens of millions of developers to participate in the blockchain community, and raise the productivity of DApp developers through a dramatically lowered barrier to entry.
Reach provides the tools for a DApp to be built in a matter of days instead of months.
As the gateway for…
The Oasis Protocol Foundation and Conflux Network partner to bring Oasis’ innovative privacy-preserving technology to the Conflux Network. This is a major step in enhancing the security of applications built on Conflux, implementing more efficient KYC methods, and enabling new market participation with more secure marketplaces.
The transparent nature of public, permissionless blockchain networks is vital to ensuring trust. While this is a powerful tool for accountability, there are certain types of personal information that must remain private. The Oasis Network enables the separation of public and private data: the result is a user-controlled web where users control permissions for…
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The Oasis Protocol Foundation and Conflux Network partner to bring Oasis’ innovative privacy-preserving technology to the Conflux Network. This is a major step in enhancing the security of applications built on Conflux, implementing more efficient KYC methods, and enabling new market participation with more secure marketplaces.
The transparent nature of public, permissionless blockchain networks is vital to ensuring trust. While this is a powerful tool for accountability, there are certain types of personal information that must remain private. The…
Breaking down barriers, scaling opportunities. Connecting communities and economies across the globe.