BlockchainBrad speaks EXCLUSIVELY with COO of Conflux, Forgiven, or YuanJie Zhang. Conflux has a very strong team and it has captured the tech eye of so many globally. Conflux is a public blockchain system that can achieve high TPS without sacrificing decentralization or safety. By delicately combining its unique and advanced algorithm with a novel structure——Tree Graph (TG), Conflux makes consensus no longer a performance bottleneck, which can solve a series of problems in the landing industrialization of public chains. Currently, in its first stage, Conflux adopts the PoW (Proof of Work) mechanism as the basis of its consensus.
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By adopting an scalability consensus mechanism and safely retaining fork blocks, Conflux realized a high throughput rate of 3000-6000 TPS in our real-network testing.
From anti-double spend attack protection (consensus-level) to contract code proofreading (application-level), Conflux’s advanced technology provides strong protection in all aspects and all levels of the system.
Conflux will use blockchain oracle in combination with cryptographic tools to realize powerful features such as external data feeding and confidential data control, which can greatly increase the versatility of Conflux’s application.
5:34 tree Graph
16:46 Commodity & Currency
23:57 Mass Adoption Strategies
30:01 Real Business
32:34 Concurrent Modelling
38:17 Nakamoto Consensus
46:40 Demo: Wallet + Scan
49:24 How to Mine – process explained
54:21 Exchanges, IEOs, listing plans
59:29 Ambassador Program
1:02:25 Rewards for Quality
1:04:26 Closing Statement
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I have not invested in this project.. This is not Financial Advice. #DYOR always.
This was 100% free and I received no financial compensation from the Conflux Team for doing this video; not in fiat, tokens or any form on payment and this has been confirmed in the video. Since several months ago, I decided to do only free content unless legitimate LONGTERM ambassadorships were involved. I believe that sponsored content is not a problem if disclosed, but this was NOT sponsored and there was absolutely no compensation received in any way, shape or form for this interview that I receive. This is not Financial Advice. Please #DYOR
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