ONE NAME, ONE CONFLUX — The Significance of CFX.NAME as a Conflux Social Status Applied on Tree-Graph Consensus
In the world of blockchain and decentralized networks, CSS (Conflux Social Status) stands out as a unique and multifaceted asset. It serves as more than just a profile picture (pfp) or a domain; instead, CSS functions as a crucial decentralized identifier on the Conflux Network. In this article, we’ll delve deeper into the importance of CSS and its social role in securing decentralized identifiers, as well as its connection to the Conflux network’s advanced Tree-graph consensus technology.
A Decentralized Identifier (DID)
CSS serves as a decentralized identifier, offering users a way to establish their unique digital presence on the blockchain. Unlike centralized identifiers, CSS is not controlled by a single entity, providing users with autonomy and control over their online identity.
Immutable and Permanent Records
All CSS data, including human-readable names, social status, and positioning, is permanently recorded on the blockchain. This immutability ensures that users’ online identities remain secure and tamper-proof, enhancing trust within the decentralized ecosystem.
Decentralized Social Graph
CSS is intricately linked to a decentralized social graph. This graph maps out the connections and interactions between users in a trustless and decentralized manner. CSS users can maintain their relationships and social status securely, without relying on centralized platforms.
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CSS tokens are tradable on the secondary open market, allowing users to leverage their CSS holdings for various purposes, including trading, staking, or participating in governance activities. This adds utility and value to CSS beyond its identity function.
Conflux and Tree-graph Consensus
Scalability up to 6000 TPS:
Conflux, coupled with Tree-graph consensus, offers a significant advantage in terms of scalability. The Conflux network can handle up to 6000 transactions per second (TPS), making it well-suited to manage the high demands of a decentralized social graph.
Efficient Social Graph Management:
Graph Tree technology optimizes the storage and retrieval of data within the social graph. This efficiency ensures that users can access and update their social connections seamlessly, without compromising on network performance.
Enhanced User Experience
With Conflux and Graph Tree technology, users can enjoy a faster and more responsive social graph experience. This speed and efficiency are crucial for maintaining user engagement in decentralized social platforms.
CSS plays a pivotal role in the decentralized landscape by serving as a secure and unique identifier, ensuring users’ online identities remain under their control. When combined with Conflux’s Graph Tree technology, the scalability and efficiency of the network further enhance the user experience in managing decentralized social connections. As a Conflux Holder, having the opportunity to mint a name on-chain with CSS is a source of pride, as it represents a commitment to decentralization and the future of digital identity. Together, CSS and Conflux are contributing to the evolution of a more secure, transparent, and user-centric decentralized ecosystem
Application & adaptation
The Evolution from Key Opinion Leader (KOL) to Key Opinion Holder
In the fast-paced world of Web3, the landscape is constantly evolving, and so are the roles and influencers within it. One notable transformation that has taken place is the shift from Key Opinion Leaders (KOLs) to Key Opinion Holders (KOHs). This shift is driven by the unique characteristics of Web3 and is particularly significant for builders in the space. In this article, we’ll explore the concept of Key Opinion Holders and why it matters for those shaping the future of Web3.
From Influence to Ownership:
- Traditional KOLs were known for their ability to influence and shape opinions in their respective fields. They possessed a certain level of expertise and credibility, which allowed them to sway public sentiment. In Web3, however, the focus has shifted from merely influencing to actual ownership and participation.
- Key Opinion Holders are individuals or entities who not only have expertise and credibility but also actively participate in the projects, protocols, and communities they support. They don’t just talk the talk; they walk the walk by holding assets, governance tokens, or contributing directly to the development of Web3 projects.
Incentives Aligned with Builders:
- Web3 places a strong emphasis on decentralization and community-driven decision-making. Key Opinion Holders are aligned with these principles as they often hold tokens that give them a say in project governance. This alignment of incentives is crucial for builders who want their projects to thrive in the Web3 ecosystem.
- By actively participating and holding tokens in a project, Key Opinion Holders have a vested interest in its success. This encourages them to contribute their expertise, time, and resources to further the project’s development and adoption.
Long-Term Commitment:
- Unlike traditional influencers who may promote a product or service for a short-term gain, Key Opinion Holders are in it for the long haul. They are committed to the success and sustainability of Web3 projects.
- This long-term commitment not only provides stability to projects but also fosters a sense of trust within the community. Builders can rely on Key Opinion Holders for continued support and advocacy.
Building Trust Through Ownership:
- In the decentralized world of Web3, trust is a precious commodity. Key Opinion Holders build trust not only through their words but also through their ownership and active participation.
- When they hold tokens and participate in governance decisions, it demonstrates their commitment to the project’s success, and this commitment is what helps build trust among the wider community.
The evolution from Key Opinion Leaders to Key Opinion Holders in Web3 is a significant shift that aligns more closely with the ethos of decentralization, ownership, and community-driven development. For builders in the Web3 space, this shift presents an opportunity to collaborate with individuals and entities who are not just influencers but active stakeholders with a vested interest in their projects’ success. By understanding and engaging with Key Opinion Holders, builders can forge stronger, more resilient connections in the ever-changing landscape of Web3, ultimately driving innovation and progress in this exciting digital frontier.
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CSS, short for Conflux Social Status, goes beyond being a mere identifier or a token on the Conflux network; it’s also a means of building influence and positioning.
Incentive Mechanisms
- CSS introduces various incentive mechanisms that allow holders to actively participate in the ecosystem. These mechanisms reward users for their contributions and activities within the Conflux network. For example, CSS holders may receive rewards for staking their tokens, participating in governance, or engaging with decentralized applications (dApps).
Utility Beyond Identity
- While CSS serves as a decentralized identifier, it offers utility beyond that role. Holders can leverage CSS for various purposes within the Conflux ecosystem, including participating in the decentralized social graph, engaging with dApps, and trading CSS tokens on the open market.
#CSS Holders Securely Positioned on the Social Graph
CSS holders benefit not only from the economic incentives but also from a secure and immutable positioning within the Decentralized social graph.
Immutable Social Status
CSS holders’ social status and positioning are recorded immutably on the blockchain. This means that their affiliations, connections, and interactions within the decentralized social graph are tamper-proof and resistant to censorship.
Trust and Transparency
The secure positioning of CSS holders on the social graph enhances trust and transparency within the ecosystem. Users can verify each other’s affiliations and relationships with confidence, knowing that the information is recorded accurately and cannot be altered.
Decentralized Affiliation
Unlike traditional social networks where affiliations and connections are controlled by a centralized entity, CSS holders have full control over their affiliations and interactions. This decentralized approach empowers users and eliminates intermediaries.
In conclusion, CSS on the Conflux network is far more than a passive asset; it serves as a dynamic tool for building wealth and influence within a decentralized ecosystem. CSS holders can earn rewards not only through Conflux ecosystem projects but also from all compatible EVM projects. Meanwhile, they enjoy the invaluable benefits of a secure and immutable position on the social graph. This powerful combination of financial incentives and secure affiliations positions CSS as an exceptionally valuable and unique asset in the Web3 era.
Collaborative opportunities
Collaborative opportunities in the blockchain and Web3 space are exciting, and CSS’s versatility as both a decentralized identifier (DID) and an affiliate program makes it a valuable asset for various ecosystem projects.
DeFi & Lending Protocol
Integrate into DeFi platforms as a secure and user-controlled DID, enhancing the security and privacy of user accounts and transactions. As an affiliate program, CSS holders can promote DeFi protocols and earn rewards for driving user engagement and adoption.
Gamify & Play-to-Earn (P2E)
In the world of gaming and P2E, CSS can serve as a DID to provide players with ownership of in-game assets and progress, enhancing the gaming experience. CSS holders can participate in affiliate programs for gaming projects, earning rewards for bringing in new players or contributing to the ecosystem.
De-Social Platform
CSS offers a decentralized identity solution for social platforms, ensuring user control over their profiles and data. CSS holders can be incentivized to invite and connect with others on these platforms, promoting network growth and earning rewards through affiliate programs.
Digital Assets Launchpad
Use to verify the identity of participants in digital asset token sales, improving security and trust in the launchpad process. CSS holders can participate in launchpad affiliate programs, helping projects reach a broader audience and gain recognition.
Metaverse
Within the metaverse, CSS can serve as a universal identifier, allowing users to carry their digital identity across various virtual worlds. CSS holders can engage in affiliate programs related to metaverse projects, such as virtual land sales or digital asset marketplaces.
AIGC & Intellectual Properties
CSS can be used to establish the authenticity and ownership of intellectual properties, reducing copyright disputes and ensuring creators receive their fair share of royalties. CSS holders can participate in affiliate programs related to AIGC and intellectual property projects, facilitating the growth of creative and innovative content.
In essence, CSS’s dual role as a DID and an affiliate program opens up a wide range of collaboration possibilities across diverse Web3 ecosystem projects. Its ability to enhance security, trust, and user engagement makes it a valuable asset for both project developers and CSS holders seeking to participate and contribute to the Conflux and Web3 ecosystem.
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EARN
In Web3, everyone can become a Key Opinion Holder (KOH) to #Build and Earn. For every minting with your referral, you are entitled to earn 40% of minting royalties.
Proud as Conflux~ion
In conclusion, we can’t emphasize enough the significance of CFX.NAME as our Conflux Social Status, applied on Tree-Graph Consensus. In this ever-evolving world of blockchain and decentralized networks, CSS has become our beacon of empowerment, surpassing the conventional bounds of mere profile pictures or domains. It stands as our vital decentralized identifier within the Conflux Network, and with the advanced Tree-graph consensus technology, we are confident that Conflux will lead the way in blockchain innovation. As dedicated Confluxions, it is a source of pride and honor to have CFX.NAME, and we invite you, fellow Conflux holders, to mint your own CSS, join us, and together, let’s conquer the waves, navigate through the crypto winters, and establish Conflux as the forefront of blockchain technology.
One Name, One Conflux!
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