Monthly Progress Report — February 2024
Published in
3 min readMar 1, 2024
February progress report highlights:
- 🤝 Established strategic partnership with RAK DAO for digital asset development in the Middle East.
- 💡 Introduced innovative solutions in Ghana to aid unbanked individuals.
- 🏢 Sponsored DePIN at R3ALWORLD during ETHDenver 2024.
- 🛠️ Participated in builders base with Supermoon Camp at BUIDLHouse during ETHDenver 2024.
Updates on the Public Chain:
- Initiated the implementation of BTC Layer 2 related modules.
- Enhanced performance for a decentralized storage project.
- Resolved further issues with Conflux nodes.
Scan:
- Implemented transaction action functions.
- Upgraded and optimized dependent libraries to improve code security.
- Optimized containers for microservices.
Confura:
- Researched BTC space solutions.
Updates on SwiftShield:
- V0.1.6 beta has been released.
- UI refactoring is currently underway.
- Work is ongoing for V1.0.0 features, such as generating Seed Phrases, importing Seed Phrases/private keys, and more.
Partnerships:
- Bifrost Network has joined the Web3 KYC Alliance, taking a significant step towards connecting decentralized economies globally, with a strong emphasis on making an impact in Asia and beyond.
- DWFLabs, our partners, have launched a Proof of Stake (PoS) Node on Conflux, aligning with our commitment to BTC-asset innovation and the anticipated BTC Layer 2 solution.
- A strategic partnership has been established with RAK DAO, marking a new era in digital asset development and blockchain innovation in the Middle East.
- We had a successful collaboration with the Kunshan New Year Shopping Festival, celebrating Web3 and the festive season! Participants enjoyed NFT exploration, ‘福’ collection, and exciting rewards.
- Our collaboration with Mesonfi aims to support cross-chain functionalities for our Bitcoin Layer 2 solution.
- The successful launch of SHUI’s mainnet signifies progress for both SHUI and Conflux.
- Hippocrat has announced a partnership with Conflux to provide personalized healthcare and expert medical advice to Chinese users!
Community Highlights:
- We recently hosted Dmail for an engaging X Spaces session where listeners got insights into Dmail’s latest updates and ways to get involved.
- Our Co-Founder Fan engaged in a productive conversation with Brandon Zemp, host of “BlockHash,” covering topics such as BSIM, Bitcoin L2 advancements, and the launch of the Hong Kong stablecoin. Fan was also featured on “The Crypto Conversation,” a podcast by Brave New Coin, where he discussed our PoW/PoS Hybrid Blockchain and its influence on Web3 in Asia.
- Cris, our Ecosystem Expansion Lead, represented us at the X Spaces event hosted by NOWNodes.
- We took part in UHack Week, providing top technical workshops that will continue until March 14.
- Our English Telegram group hosted an AMA session with Shui Finance, where they discussed why SHUI is choosing to build on Conflux and their decision to partner with us.
- The third episode of The Innovator Hub by Conflux centered on “Securing the Future of Web3: Innovations and Challenges in Blockchain Security.”
- Paul, our Ukrainian ambassador, engaged in an AMA session with the Gate community. Additionally, our Russian community had an AMA session with Gate.
- Kucoin conducted a podcast with our Russian community.
PR & Events:
- Our Co-Founder YuanJie introduced the BSim card, HKD/CNH stablecoin, and Conflux Network to the Finance Minister of Ghana at Cyberport. This innovative solution is designed to assist African individuals who lack sufficient access to banking services, payment networks, and even the Internet, with the goal of providing banking services to those currently unbanked.
- We proudly sponsored DePIN at R3ALWORLD during ETHDenver 2024, with the aim of facilitating real-time connections.
- Our participation in the builders base by Supermoon Camp, alongside Cointelegraph Accelerator, Near Digital Collective, Horizen, and OORT at BUIDLHouse was highlighted by Cointelegraph. This event, held as part of ETHDenver 2024, brought together over 500 builders and founders for a 3-day collaborative experience.
