Big thanks to @Presto_Research for covering the Conflux ecosystem and the growing opportunity around stablecoins, RWAs, and PayFi in Asia.
Read the full analysis below
China Telecom, 2nd largest wireless carrier in China 🇨🇳 (390+ million mobile subscribers), has partnered with Conflux to develop Blockchain-enabled SIM cards - BSIM!
#Conflux DAG based Tree-Graph #PoW Consensus Protocol enables higher throughputs and faster confirmations, maximizing the efficiency of blockchain to its physical limitations for up to #6500TPS while preserving #Safety and #Decentralization.
bit.ly/312UG2H
🎊 Announcing a special Lunar New Year Community Giveaway contest! 🎊
🏆 500 $CFX Pool
🥇 200 $CFX
🥈 125 $CFX
🥉 75 $CFX 🏅
10 additional winners will receive 10 $CFX each.
ENTER ⤵️
⭐️ Network Highlights (as of June 1st) ⭐️ $CFX
🔹 #Conflux Network computing power ≈ 1.3t
🔹 Token transfer TPS ≈ 340
🔹 # of transactions on May 31st was 249k
🔹 98.874k new accounts added
🔹 30 new contracts were added in the past two days.
Yesterday, we wrapped up the final day of the Chinese Web3 Ecosystem Summit! Over 20 experts explored #Web3 with #Web2 and #AIGC integration.
Proud to announce that this event marked the successful conclusion of the second #Web3ChinaSummit with a remarkable 700+ participants!
🚨 Urgent Alert
It was brought to our attention that a fraudulent exchange improperly uses our Conflux name and logo.
Please be cautious and know that this entity has no affiliation with us.