WSPN is very pleased to announce a strategic partnership with the high-performance public chain Conflux. Both parties will work together to promote the development of the global stablecoin ecosystem.
JinseFinanceChina's partnership with Conflux Network to establish a blockchain infrastructure system signifies a significant step towards embracing blockchain technology amidst cryptocurrency skepticism. This initiative aims to foster global cooperation and support Belt and Road projects while solidifying China's position as a leader in the blockchain space. However, regulatory challenges surrounding cryptocurrencies highlight the complexities of navigating this evolving landscape.
SanyaThe launch of Bitcoin Layer 2 will provide faster transaction speeds, allowing for higher transaction throughput, which is crucial for the widespread adoption of the Bitcoin network.
JinseFinanceConflux Network introduces an EVM-compatible Bitcoin Layer 2 solution, leveraging Bitcoin's power for enhanced interoperability. BTC becomes the local currency for gas fee calculations, facilitating seamless asset bridging on the Bitcoin blockchain. Market response is positive, with CFX experiencing a 10% surge. Conflux's strategic move signals a commitment to innovation and greater goals in the blockchain space.
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