What is conflux bringing to the table that is innovative

Question

Conflux English

Junkflex

What is conflux bringing to the table that is innovative

and unique?

#blockchain #conflux #cryptocurrency #english

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17.05.2023

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ASIF (Never ASK FOR FUNDS) · Accepted Answer

What Is Conflux : Conflux is a new Layer-1 blockchain that provides over 3000 TPS and near 0 gas fees while staying true to Satoshis vision being a proof-of-work chain which means anyone can mine the token and approve blocks without depending on modern solutions like validators. The public permissionless blockchain is developer-friendly and Solidity/EVM compatible to provide users and developers an experience they are familiar with in terms of current DeFi and NFT projects. Here is the link to get more information : https://confluxnetwork.org/ Why Conflux : ⚡️Scalable - Future-ready decentralized applications can leverage a high throughput rate of 3000-6000 TPS and low transaction fees. 🔮 Versatile - An open network for building new financial applications, digital assets, business applications, and data economies. 🔐 Secure - Highly tested PoW consensus mechanism with increased security and Anti-reentrance attack protection at the protocol level. 🖥 Accessible Tooling - Build applications in an EVM-compatible environment with Solildity smart contracts and Conflux Truffle. Interact with Conflux Network through a familiar browser-based wallet and SDKs in Javascript and Go. 🛸 Unique Features - Utilize the transaction sponsorship mechanism for simplifying the user experience. Leverage the built-in staking interest to provide a foundation for innovative financial applications.

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What is conflux bringing to the table that is innovative

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