Conflux

Where Valuable Bits are Exchanged and Validated

WHAT IS

Conflux is the State-of-the-Art public blockchain system that can achieve high TPS without sacrificing decentralization or safety. By delicately combining its unique and advanced algorithm with a novel structure——Tree Graph (TG), Conflux makes consensus no longer a performance bottleneck, thereupon solves a series of problems in the industrialization of public chains. Currently, in its first stage, Conflux adopts PoW (Proof of Work) mechanism as the basis of its consensus.

WHAT IS THE
HIGH-EFFICIENCY PUBLIC BLOCKCHAIN?

Trustworthy and Participatory

The core value of blockchain is the establishment of a trustworthy and participatory decentralized platform without relying on the endorsement of any organization or individual. Conflux serves to maximize this core value.

Conflux inherit the central design idea of Bitcoin: computing power is the only weapon in competing for the right of block generation. Additionally, in Conflux, the order of all transactions is solely determined by the Tree Graph (TG) . Conflux strives to prevent illegal transactions – each transaction in the core chain is examined by all nodes of the network. The strict algorithm design and the comprehensive theoretical analysis of Conflux protect itself from most attacks. More importantly, Conflux pursue the efficiency without sacrificing any of its safety, decentralization or trustworthiness.

Versatility of Application

Most of the current PoW-based blockchain systems have a very limited transaction throughput rate, which is far lower than the centralized transaction services that can support >1,000 transactions per second. Such a low throughput rate restricts the possibility of exploiting more meaningful applications from the blockchain. By adopting the Tree Graph (TG), Conflux realized a high throughput rate of 3000-6000 TPS without compromising decentralization. In the future, we anticipate that Conflux will have versatile applications in many fields, such as financial transactions, Internet ID, IoT, property rights.

TECHNICAL HIGHLIGHT

Scalability

By adopting a scalability consensus mechanism and safely retaining fork blocks, Conflux realized a high throughput rate of 3000-6000 TPS in our real-network testing.

Extensibility

Blockchain oracle combined with cryptographic tools to realize powerful features such as external data feeding, confidential data control, and beyond.

Security

Ensured by 2 Dimensional protection - Anti double-spend attack protection (consensus-level) and contract code proofreading (application-level).

ROADMAP

2018.2

Project Launch

2018.5

Prototype Implementation & Internal Test-net Launch

2018.7

Started the 1st Round Fund-raising

2018.12

Completed the 1st Round Fund-raising with $35 Million

2019.Q2

Public Test-net Launch

2019.Q4

Main-net Launch

2020.Q1

Extensible Smart Contract Network Upgrade

ROADMAP

2018.2

Project Launch

2018.7

Started the 1st Round Fund-raising

2019.Q2

Public Test-net Launch

2020.Q1

Extensible Smart Contract Network Upgrade

2018.5

Prototype Implementation & Internal Test-net Launch

2018.12

Completed the 1st Round Fund-raising with $35 Million

2019.Q4

Main-net Launch

MEDIA REPORT