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Conflux’s cross-chain bridge ShuttleFlow now live with Ethereum, Binance Smart Chain, Huobi ECO Chain and OKexChain

CryptoNinjas » Conflux’s cross-chain bridge ShuttleFlow now live with Ethereum, Binance Smart Chain, Huobi ECO Chain and OKexChain Conflux, a permissionless layer-1 public blockchain network in China, has announced the mainnet release of ShuttleFlow, a multi-chain asset solution that enables bi-directional interoperability for digital assets between and across Conflux Network, Ethereum, Binance Smart Chain, Huobi ECO Chain, and OKex Chain. ShuttleFlow is the first cross-chain bridge to support the blockchain networks of Binance, Huobi, and OKex—the most widely used digital asset exchanges in Asia—in addition to Ethereum. To address the limited cross-chain protocol solutions in the space, ShuttleFlow provides DApp…

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Conflux working with OKExChain to help DeFi projects enter Chinese market

CryptoNinjas » Conflux working with OKExChain to help DeFi projects enter Chinese market Conflux, a public blockchain network in China, today announced a strategic partnership with OKEx to make it easier for DeFi projects to enter China. The new partnership will enable interoperability between the Conflux blockchain and OKExChain, a set of open source public chain projects developed by OKEx, via a token bridge for on-chain assets.  To begin, eight emerging DeFi projects will have their tokens wrapped with CFX, the native token of Conflux Network, making Conflux one of only a few Layer 1 chains to list multiple wrapped…

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Conflux Network integrates with South Korean blockchain ICON

Conflux Network, a state-endorsed public, permissionless blockchain project out of China, today has announced a strategic technical partnership of its cross-chain protocol with ICON Foundation, the catalyst of the largest blockchain network in South Korea powering numerous decentralized applications run by enterprises, government, and financial institutions. Through leveraging one another’s interoperability technology – Conflux’s Shutteflow and ICON’s Blockchain Transmission Protocol – the partnership enables increased growth potential for Conflux and ICON, as development on one network can bring volume and transactions to the other. ICON’s recently developed smart contract technology, Blockchain Transmission Protocol (BTP), handles on-chain communication and facilitates the…

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Conflux Network — China’s State-Endorsed Public, Permissionless Blockchain Project Launches Quarter Billion Grant Program For Innovation

by Richard Kastelein Conflux Network, who claim to be the only state-endorsed public, permissionless blockchain project in China — backed by the likes of Sequoia China, Metastable, Baidu Ventures, F2Pool, Huobi, IMO Ventures, and the Shanghai Municipal Science and Technology Commission has launched its Conflux Ecosystem Grants Program worth some quarter of a billion US dollars to blockchain innovators. “This grants program serves as our latest initiative to seek out the most innovative developers and projects as we continue to build out our vibrant ecosystem,” said Eden Dhaliwal, Global Managing Director at Conflux Network. “At Conflux, we aim to promote…

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Blockchain project Conflux launches massive grant program for development

Conflux Network, a public, permissionless blockchain project in China, today announced the launch of its Conflux Ecosystem Grants Program. The 2.4 billion CFX (approximately $240 million) rolling grants program will fund entrepreneurs, engineers, and evangelists dedicated to advancing innovations in software development and research for the Conflux Network ecosystem. Conflux Network is overseen by a global team of world-class academics and engineers including Dr. Andrew Yao, a recipient of the Turing Award, the highest honor in computer science. Three years ago, Dr. Yao set out to create an open-source, layer-1 blockchain protocol delivering heightened scalability, ironclad security, and practical, future-proofing…

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