Conflux to Set Update 3.0.0 Deadline on September 1st

Conflux Network has announced the launch of its v.3.0.0 upgrade, introducing 8 new Conflux Improvement Proposals (CIPs). The update focuses on improving Ethereum Virtual Machine (EVM) compatibility, resolving bugs, and optimizing network performance. Node operators are required to upgrade their nodes before September 1st to ensure continued compatibility with the network.

CFX Info

Conflux Network (CFX) is a public, permissionless blockchain that aims to provide high-performance, scalable, and secure infrastructure for decentralized applications (DApps) and digital assets. It leverages a unique consensus protocol called Tree-Graph, which is designed to achieve high throughput and security while being highly decentralized and without forking. The native token of the Conflux Network is Conflux (CFX). It serves multiple purposes within the network including as the medium of exchange to pay for transactions and computational services, as a staking token for network consensus, and for governance votes.