On September 15, Shanghai Maritime University announced the launch of Shanghai ShuTu Blockchain Research Institute, a branch of the Conflux Tree-Graph Institute for blockchain R&D. The institute will promote the application of blockchain technology in the Shanghai Free Trade Zone, including exploration of cross border trading with the offshore Renminbi (RMB)stable coin.
As part of China’s 5-year plan, Shanghai will be the central focus of global free trade and shipping in China. …
August was a busy month for Conflux, some notable updates include completing the implementation of PoS, wrapped up our Reach x Conflux bounty hackathon, and continuing to expand in LATAM with MEXO exchange listing.
Crypto markets have been roiled in recent months as China has appeared to clamp down on mining, exchanges, and other activity. Those watching from other countries — and indeed, from within China itself — have been feverishly trying to interpret Beijing’s actions. But this frenzy of prognostication almost invariably misreads the situation due to incorrect notions of what the goals of the Chinese government actually are.
Western views of China tend to fall into one of two camps. Some view the Asian giant as a colossus of hyper-competence, a meritocratic technocracy for which no dazzling feat of organization or engineering…
August 27, 2021 20:14 | Source: People’s Daily Online-Shanghai Channel
Conflux Tree-Graph Public Blockchain Research Institute, developed in collaboration with the government of Shanghai, hosted the launch of the IEEE P3217 conference today.
The IEEE P3217 “Blockchain System Application Interface Specification” will define and standardize the interface between the blockchain layer and the application layer. …
You can now trade $CFX on Mexo! All users of the exchange can spot trade CFX / USDT. CFX deposits and withdrawals are not yet available, but will be enabled soon.
Mexo is the fastest growing cryptocurrency exchange in Mexico and LATAM. The Mexo team is backed by a group of international blockchain leaders and experts. Built on the foundation of technical security, true liquidity, product diversifications and most importantly customer service, Mexo works hard to deliver a comprehensive cryptocurrency exchange that has spot trading, contract trading, a trading academy, a peer-to-peer marketplace and a professional local support team. …
The world of video games — including highly competitive and lucrative e-sports — has experienced rapid growth over the past several years. Nowhere is this clearer than in China. More than 665 million gamers spent billions of dollars just last year. Mobile games led the charge with $32 billion in revenue, while e-sports raked in $20.8 billion. The demand for gaming is so high that e-sports spectators fill an increasing number of large, purpose-built stadiums. Investors recently pooled $900 million to build the Shanghai International New Cultural and Creative E-Sports Center, an arena that will host thousands.
The enormous amount…
Conflux Network’s upcoming hardfork will include 6 CIPs (Conflux Improvement Proposals): CIP-43, CIP-64, CIP-71, CIP-72, CIP-76, and CIP-78. Following is a summary of the each proposal.
CIP-43
Simple Summary
We propose introducing finality to the Conflux chain via voting among staked CFX holders. This will increase the confidence of high-value transactions happening on Conflux and protect Conflux against potential 51% attacks from PoW.
Abstract
Introduce a stand-alone Proof of Stake chain, which monitors the process of the Proof of Work Tree-Graph structure and reaches a consensus for the confirmed pivot blocks under the PoW confirmation rule. Once the PoS chain regards a pivot block…
TL;DR
The ShuttleFlow team has upgraded the front-end to improve product performance and optimize the user experience. The upgrade will not impact any assets that have been shuttled-in or shuttled-out. Check out the new ShuttleFlow site and take the updated UX for a test drive. For the ShuttleFlow v1.3.0 tutorial, please review the documentation on our forum.
About ShuttleFlow
ShuttleFlow is a Cross-Chain Asset Protocol solution that enables assets to flow across and between the many chains that collectively comprise decentralized finance. It is designed to remove the silos that keep existing projects, developers and assets from interacting with one another.
ShuttleFlow on Conflux
To best…
Since the beginning of this year, the total market capitalization of all cryptocurrencies has nearly doubled in size; the total value locked in DeFi projects has more than tripled. By some estimates, the number of cryptocurrency users around the globe has surpassed 100 million for the first time. It’s fair to say that crypto has entered the mainstream of political and economic discourse in a way that it hadn’t before. Perhaps not surprisingly, this surge in interest, activity and asset values brought with it increased scrutiny from governments, regulators, and the media.
A key focus of this scrutiny has been…
