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Conflux announces plans for the main network: it will be in three phases, with the first phase being launched in April

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Conflux PoW mining algorithm to be launched in phase 2 (may-june)

BlockBeats news, and conficux recently published a blog, indicating that the main network will be released in three stages. The first stage will be released in April. The second stage will be launched after the smooth operation of the first stage for about one month and the formation of a certain scale of cross-chain assets and on-chain transactions in the conficux network. The final third phase of the main network will then be launched two months after the second phase of conficuux. In the end, what is presented to users is not only a secure, high-performance and decentralized block chain underlying network, but also a complete block chain ecology.


Conflux's three-stage approach to publishing is based on the following two considerations:


Firstly, potential security risks in the test network and cross-chain protocol need to be gradually resolved at this stage to ensure the stability and security of the underlying network of conficux.

Second, ficux hopes to build meaningful and practical application scenarios and sustainable eco-environments based on the underlying network.


Conflux network and ecological publishing process:


Stage 1:The first phase of Conflux will be launched in mid-april.


Conflux, as a high-performance underlying blockchain network based on the PoW consensus protocol, is a natural fit for the infrastructure of DeFi's ecological operation. The two cores of DeFi's application building blocks are asset cross-chain infrastructure independent of conficux network and decentralized transaction protocols. The best digital assets today are undoubtedly bitcoin, ethereum, stable currency, etc. Without these digital assets, no matter how good application developers can not find users, can not find demand. While decentralized trade agreement could help Conflux network gradually precipitated user, data, strengthen liquidity, make digital assets after across the chain can be used immediately to find a perfect scene, and the scene is also fit the Conflux male chain technology features such as high performance, fast confirmation, low cost, make decentralized trading experience to similar applications and centralized.


To promote the development of DeFi ecological Conflux technical team developed across chain called "ShuttleFlow" agreement, the agreement will provide users with safe, efficient and convenient assets across chain bridge, will be on in early network deployment of COINS and etheric fang IP sign a contract, sign by mapping, complete in COINS and etheric fang assets managed by sign users, with 1: The 1 mapping approach introduces other stable currencies such as BTC, ETH, and USDT into the Conflux network environment, laying a solid foundation for Defi applications on a track that is 100 times faster than ethereum.


Conficux foundation will award FC airdrops based on cross-chain asset behavior and promises to fully compensate users for any loss of assets due to technical issues in the cross-chain agreement. Based on & have spent ShuttleFlow  Multi-sign nodes for cross-chain protocols will be invited in the early days in the form of directed invitations to ecosystem partners on the Conflux network, industry renowned wallet and hosting organizations, and stabilization currency issuers. The list of alliance members and multi-signed hosting contract addresses will always remain public for everyone to monitor, and the alliance members in the process of gradual development and expansion, the alliance will gradually move towards autonomy, and provide more services for users.


In addition to asset cross-chain, the ficux technology development team has teamed up with community developers (hats off to Justin and Sophia) to develop a decentralized trading protocol called BoomFlow. The protocol includes a variety of functional interfaces such as flash trading, dealmaking, and high-frequency matching engines, enough to enable decentralized trading operators to operate smoothly and efficiently on the underlying network of Conflux. Free access by operators without permission Boomflow  Protocol, and the use of API interface to customize set cost parameters, the development of personalized and friendly user interface, and the adoption of unique user operation strategy.


DappBirds, the decentralized app store, is based on & NBSP; BoomFlow  MoonDex, the protocol's first decentralised trading application, will begin trial operation in mid-april after the first phase of the Conflux network is launched, where community members and FC holders can go to MoonDex to experience the trading process and the power of cutting-edge technology. Meanwhile, the Conflux foundation is calling for more teams working on decentralised trading applications to embrace BoomFlow and challenge centralised exchanges for efficient contracts and unblocked liquidity. Meanwhile, Conflux commitment & NBSP; ShuttleFlow  And & have spent BoomFlow  After the completion of the audit, the source code will be released to the community for supervision and review by all community members.


Stage 2:

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This phase occurred approximately one month after the smooth operation of the first phase and after a certain amount of cross-chain assets and on-chain transactions were formed in the Conflux network, conficux will be introduced into the miners community to provide greater computational power and a higher level of security for users in the conficux network, while & NBSP;The mining algorithm for Conflux PoW will also be launched in the second phase.

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第二阶段前期,Conflux 将组织社区成员进行从中等规模(参与人数 100+)到大规模(参与人数 1000+)的挖矿活动,以验证整个网络的稳定性与安全性。需要说明的是此阶段中,Conflux 依然使用 SHA256 挖矿算法,并且此时挖出的也并不是正式的 CFX,但 Conflux 基金会将拿出一部分预算,激励更多的社区成员为整个网络提供算力及安全性,挖矿成果可以按一定比例与社区 FC 进行兑换。在第二阶段后期,当 Conflux 网络趋于稳定、安全之后, Conflux 将逐步由 SHA256 过渡到 Conflux 自主研发的挖矿算法。

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Meanwhile, ecological applications are also growing. As computing power and security grow, conficux expects to see more mainstream assets like bitcoin and ethereum deposited into the conficux network. BoomFlow  A deal is made in an agreement. Meanwhile, the Conflux foundation will push the community to build the DeFi ecosystem around mainstream assets and introduce lending agreements, possibly even a prototype of "MakerDAO" based on cross-chain BTC. Bitbitux will also be the first decentralised wallet with the Conflux network, and based on & NBSP; ShuttleFlow  A member of a cross-chain alliance.

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In the second phase, Conflux will work with ecopartners to fully pilot mining algorithms, Dex, and other types of DeFi products. For users and developers that join at this stage, ficuux will provide full support in terms of technology, community, funding, and policy to keep developers from freaking out about congested networks and users from being overwhelmed by high fees.

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This phase will occur approximately two months after the second phase of conficuux is implemented, when the main network functions for conficuux will be fully operationalWhile releasing the economic model in the code, the miners' community was free to participate, the network officially never stopped working, and any technical upgrades would be accomplished through a hard fork.

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At this point, the present in front of everyone will be Conflux team, ecological partners and members of the community ultimately the fruits of their labors, a safe, decentralization, the stability of the block chain underlying network, a block has begun to take DeFi/dApp ecological chain network, a level has hundreds of millions of dollars even more massive funds precipitation of network, one with trading, lending, financing, games, the prosperity of cross-border remittances and other decentralized application ecosystem.

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It is important to note that at this point the federation of conficux cross-chain associations will be open to full ecological applications. At the beginning, the 11 seats of the alliance were determined by the conficux foundation. When the whole alliance is stable, conficux foundation will gradually fade out of its management role, and the alliance will be divided into two parts: The DAO (Decentralized Autonomous Organization) runs as a Decentralized Autonomous Organization. FC to CFX conversions will be accepted by the foundation, the Conflux eco-development fund will be formally established, and the eco-support programme will be phased in.

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In the whole process of main online, degree of decentralization of Conflux network will continue to increase, and Conflux foundation members will be like the past great concentration technology, to ensure that the team's focus and concentrate on the technology of iterative and ecological cultivation and breeding, determined to weaken the hype of Conflux network native digital assets and resources, active online no centralized exchange, not being affected by the fluctuation of the secondary market, with great concentration technology whole!

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& have spent Write at the end:

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经过数月的思考以及无数次观点的碰撞,Conflux 团队最终决定采用与众不同的「三阶段」发布方式,团队一致认为这是目前看来最适合 Conflux 的方式。底层区块链网络对安全性及稳定性的要求极高, Conflux 希望逐步调试各核心功能,同时构建生态,积累资产到 Conflux 网络当中,为 Conflux 打好地基。

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When all three stages are completed, the conficuux network will enter into a stable development period. At this time, the conficuux network should enter a virtuous circle with assets, ecology and users, presenting a valuable consensus for the community and society.


The original address: https://mp.weixin.qq.com/s/K28Jr3PQNmsEg6faX1JpIw





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