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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Conflux, as a leader in the Blockchain field, has a development history full of remarkable milestones. Let's take a look back at the key moments of this unique project.
In 2018, the establishment of the Conflux Foundation marked the official launch of the project, accompanied by $35 million in funding support. That same year, with the support of the Shanghai Municipal Government, the Shanghai Tree Diagram Blockchain Research Institute was founded, laying a solid foundation for the project's technological research and development.
After two years of dedicated development, the Conflux mainnet was gradually launched in three phases (Pontus, Oceanus, Tethys) in 2020, and fully activated in October, marking the project's entry into a substantive operational phase.
2022 was a key year for the Conflux technology upgrade. By completing the Hydra hard fork upgrade, the project introduced a PoS mechanism, forming a more secure PoW+PoS hybrid consensus mechanism. At the same time, it launched eSpace, which is fully compatible with the Ethereum Virtual Machine (EVM), greatly enhancing the compatibility and scalability of its ecosystem.
In 2023, Conflux made significant breakthroughs in commercial applications. The blockchain SIM card (BSIM) launched in collaboration with China Telecom and the NFT display feature integrated with the social platform Xiaohongshu fully demonstrate Conflux's unique ability to connect Web2 and Web3, providing users with a more convenient and innovative blockchain application experience.
Looking ahead, Conflux plans to launch the Tree Graph Public Chain version 3.0 in 2025. The goal of this version is to achieve high performance of 15,000 TPS and natively support on-chain AI agent calls, which will further enhance Conflux's competitiveness in the blockchain world, moving towards higher performance and intelligence.
What sets Conflux apart is its perfect integration of several key elements: the tree graph consensus technology originating from Tsinghua University, its compliant status in China, and its close alignment with national strategies. These factors collectively create a competitive advantage for Conflux that is difficult for other projects to replicate.
In cutting-edge fields such as real-world assets (RWA), cross-border payments, and AI + Web3, Conflux's strategic layout opens up vast imaginative space for its future development. Notably, Conflux occupies a unique strategic position as a bridge connecting China and the global digital economy in today's complex international environment.
With the continuous development of blockchain technology and the expansion of application scenarios, Conflux's development trajectory undoubtedly deserves the industry's ongoing attention. Its unique advantages in technological innovation, commercial application, and strategic positioning make it a highly promising project in the blockchain world.