China’s Blockchain Policy Shifts and Future Prospects
summary
Conflux presents a new layer‑one stack with a novel gas consensus and tree‑graph block structure that deterministically orders concurrent blocks; lab tests across 12,000 nodes hit 9.6 Mbps (about 3,000–6,000 tx/s) with confirmations under 1 minute. Mainnet runs since 2018, over 1,000 nodes in phase two and a planned full decentralization launch end of October; EVM/solidity compatibility, JS/Go SDKs and demos exist. Development follows a China‑friendly regulatory route with provincial research partnerships and government endorsement.
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chapters (11)
- 0:00Start
- 3:18Roadmap to Conflux
- 3:47Standard Nakamoto Consensus
- 5:31GHAST - Greedy Heaviest Adaptive Sub Tree
- 7:53Determine Weights form Past Sub-graphs
- 8:40Conflux Ordering Algorithm
- 11:31Conflux Architecture
- 11:48Implementation & Optimization
- 12:12Throughput, Latency, and Scalability
- 12:51Results with Ethereum History Transactions
- 13:11Conflux Roadmap
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