Dr. Fan Long is the co-founder of Conflux Network, a PoW/PoS hybrid blockchain. Dr. Fan Long is a graduate of the Yao class of Tsinghua University and holds a PhD in computer science from MIT. His research interests include systems security, programming languages, and blockchain.
why you should listen
Conflux is a public blockchain with superior performance, a unique consensus mechanism, and an innovative dual-space design. These features allow Conflux to provide a fast and secure decentralized platform suitable for a variety of applications such as decentralized finance and Web3.
Conflux employs a hybrid consensus mechanism that combines Proof of Work (PoW) and Proof of Stake (PoS) to ensure high security, throughput, and decentralization. Conflux’s PoW consensus leverages a tree graph ledger structure and the GHAST algorithm to deliver high transaction throughput of up to 3,000 TPS and confirmation latency of less than a minute Bitcoin Fan explains Conflux’s unique features such as hybrid proof maintain the same level of decentralization that it does. -of-work/proof-of-stake blockchain, tree graph ledger structure, and compliance with Chinese regulations. Mr. Huang explained China’s position on blockchain and virtual currency regulation, highlighting China’s concerns about capital outflow and support for technology development.
Fan Long shared several use cases for Conflux Network, including NFTs being used as a marketing tool in China, and a collaboration with China Telecom to develop blockchain SIM cards that provide easy access to Web3 assets. Masu. Future plans for Conflux include upcoming hard forks to enhance performance and compatibility with Bitcoin Layer 2 solutions.
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