Ming Wu
@spark_ren
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Blockchain technology researcher. Web3 practitioner. AI platform veteran. AGI passionate.
Joined May 2015
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Happy Valentine's Day! The partnership of China Telecom and Conflux!
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铭文乍一看毫无价值。但仔细想来，其实这很像一个POW的社会实践。所有参与打铭文的用户做着和比特币矿工一样的重复简单工作，但却都对网络的维护起到了有意义的贡献。Conflux的网络在铭文用户的热情下品牌得到了推广，技术和产品得到了测试和改进。也许铭文最后的价格就算是对这些贡献者的激励吧。
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Chinese "Ethereum" acknowledged by CoinDesk.
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CNHC, the CNY stable coin on Conflux
@Conflux_Network
, has already been listed on CoinMarketCap.
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1/n People in Conflux community often ask why cfx does not have burning mechanism in its tokenomics. It does have actually. There are already arround 500M (10% of genesis) cfx being burned into the zero address.
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蚂蚁链率先开启了联盟链和公链的打通，这是1+1>2的合作。一方面，蚂蚁链的数字资产有望通过跨入Conflux而得到真正trustless的永久保存，另一方面，Conflux的使用量和用户触达也会因此而大幅提升。
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This partnership marks a great milestone for Conflux Network as a blockchain without barriers. Alchemy Pay’s technology integration allows the on-boarding of million users into our ecosystem in an effortless and regulatory compliant way!
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People in Conflux community have longed for decentralized storage feature for a long time. I am excited that the testnet will soon be launched. Conflux will henceforth provide more and more fundamental infrastructures for the AI world of the future. Storage is the beginning.
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Conflux team is consistently pushing the state of the art of the blockchain technology. This is our mission. And I am happy and honor to see the recognition we received from OSDI, the No.1 system conference in the world.
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Large internet players in China have initiated efforts embracing Web3 transition. Conflux is starting to become the major bridge connecting the two worlds and take the leadership role to expand Web3 technologies into the traditional industry scenarios.
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In my point of view, there is no existing btc layer2 solution that can have higher security level than Conflux.
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A collaboration between
#Conflux
and Microsoft on attacking bugs before AI programs are deployed. The similar efforts need to be done for Dapp and smart contracts on
#blockchain
. Do the existing audit work be well done?
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I'll be speaking at the AWS Web3 Developer Camp in Hong Kong this Thursday (7th Dec)! Join me for an insightful sharing session about Web3 security, trending technologies and the outlook for 2024.
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The combination of the original, primitive, and noble tech
#Bitcoin
and the advanced, rapidly-evolving, and future-representing
#Confux
can be the captain in the Steampunk.
Brc-20 CrossChain to
@Conflux_Network
and Traded on
@SwappiDEX
?
The gas price is crazy now on Bitcoin!500 Vat/Byte+ !
Cex and Cross Chain must be there for the Brc20 Summer, a history that BSC/Polygon picked up Ethereum liquidity overflow has unfolded in the past
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We will finally do not need bcfx in Binance.
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1/n) Would like to share what I talked in the speech at HK Web3 Festival about the future tech road map of Conflux.
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以前有很多社区用户称cfx为上海币。这个称呼其实很错误。上海怎么可能支持币，上海支持的是公链技术的探索。但随着Conflux在香港的突进以及香港对crypto的拥抱，朋友们不妨称cfx为香港币。
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这个分析非常中肯，区块链国人当自强。看到这个消息有如此大的传播度，我心里十分感慨。感慨的不是这个消息带来的利好，而是web3行业里群众受到的鼓舞。行业里太需要像这样有意义的事情发生了。
1/10 区块链国人当自强！解读
@Conflux_Network
和中国电信合作推出的区块链BSIM卡！
今天朋友圈被这个新闻刷爆了，目前全球区块链的核心依然在欧美，不论是技术、生态还是资本，但国产公链和国产通讯双头部公司合作推出区块链BSIM卡是振奋人心的好消息，快速为大家解读一下，较为匆忙可能不够全面，见谅
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1/n) Many people in Conflux community do not clearly understand the inflation situation of CFX tokens. Here is a succinct explanation.
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Why RGB++ with CKB is BTC layer2? It is essentially just an indexer.
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Institutions are coming to become long-term believer of $CFX.
Thrilled to announce that we have launched a Proof of Stake (PoS) Node on the
@Conflux_Network
to further our belief and support for the project’s long-term value in BTC-asset innovation.
This launch of the PoS Node will support Conflux’s mission to innovate within the Bitcoin…
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Conflux将努力成为华人为代表的香港链走向世界
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Glad to see the first L2 project around Conflux ecosystem! This demonstrates that L2 can be independent with Ethereum.
We are delighted to collaborate with Conflux in jointly developing the first Layer 2 solution that supports parallel execution. We look forward to achieving a TPS increase of over 50x on Layer 2, as well as enhancing the rationality of transaction sequencing.
@Conflux_Network
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Know more about Conflux tech roadmap from my sharing.
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1/n. Several days ago, I briefly explained the inflation of CFX. The inflation rate of the system would be 1.75%. But if you stake your CFX in any of POS mining pools, your current reward is 13%~14% APY. The gap is significant, right?
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As a BTC L2, it needs to have same level of security as BTC. Although Conflux already has very strong security with its POW+POS, it can be enhanced by interaction with BTC in two ways
1) Periodically record its ledger state commitment into Bitcoin
2) Using BTC staking for its POS
What if Conflux pivots as a BTCL2 with a new subspace similar to Conflux espace?
With BTC as gas fee but 1/10000 cheaper
With BTC address but EVM compatible
With BTC and inscription bridged over in a secured and decentralized manner
Love to take in some feedback!
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Really exciting. Conflux will reach more users through this partnership!
#Partnership
We are thrilled to announce our strategic partnership with
@Conflux_Network
.
🔥
@TokenPocket_TP
and
@Conflux_Network
will work together to enrich users' experience on the decentralized wallet and Conflux.
More details👉
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尽管发展为POW+POS的机制，Conflux始终认可POW的去中心化性质，并予以安全性上的增强。Conflux是唯一一个将基于POW的公链性能提升到与POS链相同level的系统。目前CFX的交易量也数倍于ETC。技术的健壮性和未来生态的发展前景必定是ETC所无法比拟的。除了Conflux，谁还能够成为POW的救赎者呢。
Ragnarok of PoW
@BITMAINtech
邀请我对分析PoW公链的价值回归,结果分享给大家: PoW的诸神黄昏
在上个熊市周期里,技术大神们还围绕POW vs POS争论不休, 现如今已无人问津
瞥一眼历史时光机,18～20年末代POW公链诞生,再无扛鼎之作,而POS一路高歌猛进. Grin/Beam/AE 旧人谁识得？
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2/n But I admit that this may not be enough. So I think cfx needs more burning scenarios, e.g, burning part of storage collaterals. Given the assumption that the NFT ecosystem in its core-space is more and more flourishing, the storage collaterals could be significant.
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Kucoin将会大力支持CNHC在Conflux生态上的发展。未来可期！
KuCoin Ventures, the venture arm of China-focused crypto exchange KuCoin, led a $10 million funding round into the stablecoin issuer behind CNHC, a coin pegged to the offshore yuan. But is the offshore yuan right for a stablecoin?
@thesamreynolds
reports
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感觉演唱会门票的交易平台真的适合用区块链来解决。现有的非区块链的平台真的是中心化作恶非常猖獗的地方。如果大家没有切身的感受，可以去经历一下viagogo这个平台，就知道有多黑了。
有志向用区块链净化这个行业的项目方，欢迎来Conflux发展啊
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More information about BSIM card and Conflux. Productization is ongoing. Looking forward.
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Really happy about this collaboration. Conflux has attracted more attentions from venture capitals.
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Multiple VM spaces in a single node is a great innovation of blockchain infrastructure. Through this way, Conflux elegantly achieves 100% compatibility with EVM. Looking forward to seeing the boom of ecosystem on Conflux in near future.
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See you in Dubai.
The announcements just get bigger and bigger.
Ming Wu, CTO of Conflux is going to speak at the RAK DAO Launch event!
📍 Al Hamra Convention Center, Ras Al-Khaimah, UAE
🗓 19 October 2023
🔗
See you all there.
#RAKDAOLAUNCH
#RAKDAO
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Strong confidence and move full steam ahead.
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Filecoin recently had several big announcements, but its token price is almost not affected. Is this because Filecoin’s narrative has nothing to do with China and HongKong? Looks like HongKong summer is too strong.
@FanLong16
@forgivenever
@Conflux_Network
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Will RWA undermine Ethereum's market and valuation dominance? I think it is possible, since RWA means assets from traditional financial markets, and it is not necessary for them to board Ethereum. As a result, the on-chain assets will be distributed more evenly across the chains.
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Reentrancy attacks still haunt in Web3. Conflux core-space has built-in anti-reentrancy mechanism that can fundamentally eliminate the effects of the attacks.
@Conflux_Network
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The key in the BTC ecosystem is the community consensus. BRC20 standardization is good for bridging to Conflux BTC L2 which can provide more smooth and cheap transactions for it. It is also good for the protocol to keep improving. Standardizing a minimal part may meet both ends.
BRC-20 Indexer War: Everything You Need to Know
First, a quick summary on BRC-20:
BRC-20 is by far the most successful fungible token protocol on Bitcoin. Hundreds of millions if not billions of dollars in volume over the last year. It isn't perfect (uses inefficient encoding,…
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Excited by this strategic partnership with
@Accseal
. Conflux will provide a new connector for incubating Layer2 ecosystem.
@Conflux_Network
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Great milestone!!!!
What is China's Renminbi (RMB)
#Stablecoin
?
Learn why the
#offshore
#RMB
being piloted by
#Conflux
for cross-border payments through the Free Trade Zone in Shanghai is a game changer for Conflux, China and international trade
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Why
#cfx
was pumped last night? Market often surprises me on that it always acts before news announced. But one good thing is clear, Conflux is becoming better and better.
@Conflux_Network
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Conflux is striving for mass adoption and it is really promising and exciting!
Is Telecom a narrative for blockchain similar to ZeroKnowledge?
Conflux aims to bring more people into crypto, while zeroknowledgers reinvent the wheels of EVM paradigm over and over.
Ethereal is for Religion, while Conflux goes for Civilization.
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We do progress along that direction.
People start to call
@Conflux_Network
China Polygon. It’s an interesting metaphor.
But how is China Compared to India?
I prefer China Ethereum.
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This is always the shining point of Conflux that it achieves high throughput without sacrificing decentralization.
Capitol Hill's got that US-China drama on repeat, but in the world of tech, Conflux Network is just a decentralized digital network governed by community via PoS+PoW. Sure, we are regulatory compliant in China, but that does not imply any governmental control.
#Decentralization
…
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Web3确实不仅仅是一场技术革命。Web3真正的mass adoption是需要法律政策一同变革的。在这之前，应用创新一定会受到各种限制。完全没必要去羡慕AI。可以去了解下AI的瓶颈期是多么漫长。10几年前，做AI的人也曾经不好意思提及自己是做AI的。AI是一个比Web3历史悠久太多的行业。
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It must come soon!
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I expect and believe that there will be a number of defi projects with high quality besides Swappi landing on the Conflux ecosystem soon, which will exploit the value of usage of PPI.
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Nice analogy!
Anon, what would you do if you had the chance to buy $MATIC at 7 cents?
"Chinese $MATIC" is the moniker I've seen go around for Conflux Network ($CFX)
And it is trading at the equivalent of $MATIC at $0.07
Is the comparison justified? I researched it so you don't have to 🧵
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Although Metamask and Infura are both centralized services, they are the important pieces in the decentralized world. They should not violate the decentralization spirit, otherwise, other decentralized substitutes will definitely surface.
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With the new capital injected, Conflux is extending to broader global market!
@DwfLabs
is pleased to announce our strategic secondary market investment into
@Conflux_Network
Conflux is the only regulatory-compliant permissionless Layer 1 blockchain in China. The
#blockchain
helps to connect decentralized economies across borders and protocols.
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Just to share some deeper thought along this line and argue for why it is appropriate for Conflux to become a true BTC Layer2.
As a BTC L2, it needs to have same level of security as BTC. Although Conflux already has very strong security with its POW+POS, it can be enhanced by interaction with BTC in two ways
1) Periodically record its ledger state commitment into Bitcoin
2) Using BTC staking for its POS
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Not only DeFi, layer2 is also similar. If layer2 cults really believe the advancement and excellence of layer2 technology, why you have to live under the halo of Ethereum. Other layer1 chain like Conflux also needs and supports layer2 for its ecosystem.
A call for Defi Blue Blood let go "Ethereum Sovereignty" and reorient their deployment priority by economics rather than crypto politics.
Ethereum has suck their blood for years as farmers dump Defi Blue Chips tokens back to ether for years.
UniV3 onto BSC is a good start!
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Metaverse and real universe are not absolutely parallel. People cannot always live only in metaverse or only in real universe, which means there must be information interchange frequently happen between the two worlds. One world can be better due to the existence of the other.
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Conflux is strengthening its influence in traditional industries.
Conflux Takes Leading Position in Web3 Innovation at China International Industry Fair
biz.crast.net
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Moving forward!
Big news! Introducing the new frontier of Conflux: a fully EVM-compatible space powered by BTC!
🚀 Conflux is launching an EVM-compatible Bitcoin Layer 2.
💰 BTC will be the native currency for gas fee calculations.
🌉 Bridge diverse asset types from the…
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When ecosystem tokens have positive connection with the infrastructure token, the increase of the economic bandwidth of the blockchain will not stop.
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Another demonstration that Conflux benefits users’ normal life.
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Will see
@Conflux_Network
coreSpace positively affect eSpace tokenomics.
CIP-107 has been activated for approximately 48 hours. Currently, 430 MB worth of storage collateral (about 440k CFX) has been burnt.
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Conflux的BTC Layer2
1. 合约/官方桥控制权是否合理分散
控制权在所有Conflux的共识节点。
2. 是否有抗审查的提款
Conflux不会拒绝用户的提款。
3. DA的可靠性
最新数据发布在Conflux上，其可靠性与比特币，以太坊相当。
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1/n. The advent of ChatGPT brings a huge challenge for SocialFi business. Social activities happen among a group of people. SocialFi intends to assign economic incentives for these activities.
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Another wonderful research work from Conflux team got recognized by the academy. This is also the weapon making Conflux a great network.
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铭文从比特币席卷而来，Conflux的鲁棒性自POS token之后又一次经受住了考验。
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Could Swappi become a better one than Cake? A cake without avacado is not a good cake. 😀
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Another project that advocates hybrid of pow and pos. This indicates the correctness of the current technical movement of Conflux towards this direction. And we are about to make it online.
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A new channel for Conflux to connect to the world!
We're thrilled to announce our strategic partnership 🤝with Conflux Network!
🚀
@MapProtocol
has successfully integrated with
@Conflux_Network
➡️ the PoW/PoS hybrid blockchain without Barriers, thus empowering Conflux to achieve interoperability with various EVM and non-EVM…
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Looking forward to seeing you friends!
📣 We are exited to announce Conflux Founders Session AMA 🎉
🗓 February 22, 2022 15:00 UTC
🔹Link here:
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A nice thread describing the advantages of Conflux (team)
1/ World class business dev
This one speaks for itself
If you've been paying attention in the past month you'd know Conflux has partnerships w/
- Chinese / Hong Kong government
- China Telecom (sim card w/ hardware wallet)
- Little Redbook (Chinese instagram w/ 200M+ DAU)
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While challenging, the future of CNHC is promising!
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3/n. Of course, on Conflux, you can also take part in Defi mining in Swappi and Goledo for even larger APY. But if you are not a person who can resist large risk, staking CFX in POS pool might be a best choice.
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A great partnership. Open the opportunities in UAE.
🥳 We are thrilled to announce our strategic
#Partnership
with
@Conflux_Network
🔥
🤝
@NewTribeCap
will support Conflux Network with its presence and expansion within the UAE region by facilitating partnerships, connecting with regulators, organizing engaging hackathons, and…
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