DWF Labs Launches a PoS Node on Conflux Network

DWF Labs has launched a Proof of Stake (PoS) Node on the Conflux Network to further its belief and support for the project’s long-term value in BTC-asset innovation. By dedicating resources to staking and running a dedicated institutional PoS Node, DWF Labs is contributing to the network’s security, stability, and sustainable ecosystem growth.

Enhancing Bitcoin Innovation through Security

The launch of the PoS Node by DWF Labs will support Conflux’s mission to innovate within the Bitcoin ecosystem, particularly with the upcoming launch of their BTC Layer 2 (L2) solution. Conflux’s approach to PoS consensus, which incorporates Verifiable Secret Sharing (VSS)-based key sharing, is designed to ensure decentralised management of Bitcoin assets. DWF Labs’s institutional PoS Node will be instrumental in maintaining the integrity of BTC assets bridged to the Conflux Network, thereby enhancing security and trust in Bitcoin innovation.

A Collaborative Future

This milestone showcases the effective, continued collaboration between DWF Labs and Conflux in blockchain’s rapidly evolving landscape. The Conflux team helped to support in tagging and set up DWF Labs’ PoS Node, which can be viewed publicly on ConfluxScan here: https://confluxscan.io/address/cfx:aanxf57azjreez3pwgmf0nxejbv5s5bypjmd02xd7b