The Annoucement of Conflux’s TreeGraph 3.0
At a prestigious tech and ecosystem development conference in Shanghai, Conflux’s (CFX) TreeGraph blockchain platform unveiled its latest milestone: version 3.0. This version, scheduled to be integrated into the mainnet by August 2023, represents a significant leap forward in the blockchain technology space.
Introduction to TreeGraph 3.0
TreeGraph 3.0 introduces a groundbreaking technical advance, reaching a transaction rate of 15,000 per second (TPS). This figure not only h grounds capability in the building blocks of blockchain but also extends its capabilities to incorporate artificial intelligence (AI) agent calls and on-chain payments of real-world assets (RWA). These features represent a bold aesthetic shift and expansion in the realm of Web3, aiming to create a more robust and versatile infrastructure.
Understanding the Conference
The event, titled “Technology builds trust, openness embraces the world,” was attended by experts and academics from China, the United States, and Canada. The focus was on the future of blockchain and Web3. The announcement highlighted TreeGraph 3.0 as a key innovation that not only enhances security but also empowers developers worldwide to innovate in their Web3 endeavors.
TreeGraph’s Development
TreeGraph 3.0 was developed by a Chinese research team at Tsinghua University, which redefined the traditional “block chaining” approach. By adopting a tree-graph structure, this team eliminated the need for costly and complex appendage technologies, paving the way for faster-than(background blockchain processing. The network has garnered over 25 million users and operates in over 40 countries, with a peak node count of 5,000 monthly.
Ecosystem Expansion
One of the unique selling points of TreeGraph 3.0 is its comprehensive ecosystem. It integrates with major public blockchains and addresses a wide range of Web3 sectors—DeFi, RWA, metaverse, social media, gaming, and SaaS. This dual impact underscores its versatility and readiness to address diverse challenges across the digital landscape.
Market活动中 Cornerstone’s Growth
The Chinese bank for cryptocurrency, CFX, is experiencing notable growth. Its token price is currently trading at $0.1454, reflecting a 40% rise in its value in the past 24 hours. This reflects the growing excitement around Web3 and the evolving expectations surrounding its potential applications and acceptance.
Conclusion: The Tile’sNew Dawn
In a rapidly evolving digital economy, the announcement of TreeGraph 3.0 marks a significant step forward for the Web3 space. As algorithms continue to evolve, this innovation not only strengthens the foundation of decentralized overflow but also catalyzes more innovations and layering in the future of Web3. This milestone underscores the importance of continuous research and development in blockchain technology, ensuring that the future of digital experiences lies in the safe and secure embrace of future technologies.
