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Conflux's v2.4.0 hardfork represents a crucial step in the platform's evolution. This upgrade introduces CIP-1559, an important proposal designed to optimize transaction fees and enhance overall network efficiency.
The full rollout of these enhancements will be phased.
Conflux (CFX) v2.4.0 network hardfork upgrade, featuring CIP-1559 activation, has been successfully completed. CIP-136 will be enabled by Aug 13.
The crypto market exhibited mixed signals in the month of July: many altcoins noted exceptional growth while other suffered.
Conflux (CFX) Network announces v2.4.0 hardfork upgrade. Nodes must be updated before Epoch 101900000, estimated between August 5-6, 2024.
Cryptocurrency prices were muted this weekend as investors focused on the ongoing Bitcoin Conference in Tennessee and next week's Federal Reserve interest rate decision. Bitcoin held steady above $68,000 as speakers continued to make the case for cryptocurrencies.
Binance announces support for Conflux (CFX) network upgrade and hard fork, suspending deposits and withdrawals on August 13, 2024.
Conflux (CFX) initiates a mandatory hardfork upgrade to v2.4.0 on its testnet, introducing several key CIPs.
Conflux announces v2.4.0-testnet hardfork upgrade. Upgrade nodes before May 30, 15:00 (GMT+8).
Conflux Network reveals plans for a Hardfork system upgrade, featuring modifications of 12 different CIPs.
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the key $63,000 level on Monday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $3,200 mark this morning.
Most cryptocurrencies are experiencing a significant sell-off, a development that has eroded their market capitalization. However, despite this trend, certain select assets still hold potential for upside in April, buoyed by key underlying fundamentals.
The Chinese government announced the launch of a “super-large-scale” public blockchain infrastructure platform with Conflux Network.
The Chinese government has introduced a new public blockchain infrastructure platform led by Conflux Network, a multichain blockchain ecosystem under the Conflux Foundation.
In a significant move, China has collaborated with Conflux Network to introduce a new public blockchain infrastructure platform to bolster the Belt and Road Initiative through advanced cross-border applications. Conflux Network Spearheads Launch of New Blockchain Platform for Belt and Road Initiative Conflux Network has led the launch of the Chinese governments new public blockchain infrastructure platform, Cointelegraph reported.
While taking a quite rigorous position on cryptocurrencies, the government of China issued a statement of launching a dialogue blockchain infrastructure system jointly with Conflux Network. It is the ultra-large-scale blockchain infrastructure platform for the Belt and road initiative that is the core of this plan.
The Chinese government has unveiled an ambitious project titled “Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative,” with Conflux Network leading the charge. This initiative aims to establish a robust public blockchain infrastructure platform, facilitating cross-border applications and fostering collaboration along the Belt and Road Initiative routes.
TL;DR The Chinese government has launched a blockchain initiative called “Ultra-Large-Scale Blockchain Infrastructure Platform for the Belt and Road Initiative,” led by Conflux Network. The main goal of the project is to establish a public blockchain infrastructure to support cross-border cooperation projects along the Belt and Road Initiative.
Conflux Network is supporting the Chinese authorities in developing a blockchain platform aimed at boosting international infrastructure.
The Chinese authority has tapped on Conflux Network to build a Blockchain project for the “Belt and Road Initiative”. The project announcement comes at a time when China's blockchain is advancing at a fast pace to be a leader in the global setup.
China is launching a blockchain project for the Belt and Road Initiative, led by Conflux Network.
The blockchain initiative comes despite mainland China's hostile attitude toward cryptocurrencies.
Bitcoin (CRYPTO: BTC) moved lower, but the cryptocurrency prices remained above the key $70,000 level on Wednesday. Ethereum (CRYPTO: ETH) also recorded losses, falling below the key $3,600 mark this morning.
US dollar-pegged stablecoins have an undeniable dominance of the stablecoin market. This has raised concerns among industry players who feel that an HKD stablecoin may not be necessary after all.
