Monthly Progress Report — March 2024

Conflux Network
Conflux Network
Published in
3 min readApr 1, 2024

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March progress report highlights:

🏦 Beta-testing of HKD-backed stablecoin with AnchorX.

🤝 Partnered with Coin98 Super Wallet for seamless CFX and CRC20 token management.

✨ MetaMask updated the Conflux eSpace logo.

💼 Led discussions on the digital economy and blockchain’s future at the 2024 GDC conference.

Infrastructure

Updates on the Public Chain:

  • Continued the implementation of the BTC space.
  • Progressed further on our decentralized storage project.
  • Launched Conflux v2.3.5-testnet.
  • Addressed issues related to Conflux nodes.

Ecosystem Infra Products

Confura:

  • Fixed circuit breaker issue on testnet.
  • Optimized data sync service for better availability.

SwiftShield:

  • Completed the UI refactor.
  • Completed the implementation of the feature for changing the BPIN code.
  • Continued efforts on integrating Dapp through Wallet Connect.

Partnerships:

  • Collaborated with AnchorX to facilitate the beta-testing of the Hong Kong Dollar-backed stablecoin, AxHKD, on our platform.
  • The Coin98 Super Wallet has successfully integrated Conflux eSpace, offering its users the ability to create and restore Conflux wallets directly within the platform. Additionally, users can now send and receive CFX along with other CRC20 tokens natively. This integration also enables secure exploration of the Conflux eSpace ecosystem, allowing users to seamlessly discover new opportunities in the decentralized space.
  • The 2024 Huan Island Tour opened in Chengdu, marking the event with the release of a special collection of 300 NFTs minted on Conflux. These unique NFT tickets not only granted fans entry to the concert but also offered additional perks including gifts, as well as, opportunities to win signed posters, T-shirts, and photo sessions.
  • Leveraging the underlying technology of Conflux, the Spray Web3 community and Isotope crafted impressive NFT marketing campaigns for renowned brands such as Laoji Dahongpao, Holiland, and Jiangyan Gallery.
  • Launched our partnership with XLinkbtc, bridging our high-speed blockchain with Bitcoin L2 innovations, thus opening new opportunities for developers and enhancing the network of interconnected blockchain systems.
  • imToken launched support for Conflux, facilitating users in efficiently managing their CFX with imToken.
  • MetaMask now features the fresh Conflux eSpace logo, enhancing the user interface.

Community Highlights:

  • Our recent Innovator Hub Spaces session featured the emerging LSD Shui and our DEX Swappi. Listeners learned about the utility of the SHUI Token, the benefits it brought to its users, and the opportunities it presented for SHUI users on Swappi.
  • Our Spanish community conducted an AMA within the Coinex community, discussing the latest Conflux updates and hosting a Trivia session with Coinex community.
  • Our Ukrainian community was hosted by Binance Ukraine for an X Spaces session engaging in discussions about our project updates and ecosystem development.

PR & Events:

  • The Shanghai Tree-graph Blockchain Research Institute and the Shanghai Distributed Consensus Technology Association jointly hosted the “Value Internet of Web3 Data Resources” forum at the 2024 GDC. Our Co-Founder Zhang Yuanjie and Researcher Li Chenxing discussed the future development directions of the digital economy and the blockchain industry from the perspectives of underlying platforms and applications.
  • Our Co-Founder Fan Long shared exclusive insights on the all-new Hong Kong dollar-backed stablecoin in an exclusive chat with The Block.
  • At the 2024 Global Developer Conference, Li Chenxing represented Conflux and emphasized the need for personal digital identity and a blockchain-neutral platform in the Web3.0 era, highlighting the potential and privacy concerns in a world where China’s netizens generate immense data volumes.

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Conflux Network
Conflux Network

Conflux is a PoW + PoS hybrid first layer consensus blockchain for dApps that require speed at scale, without sacrificing decentralization.