New Starting Point, New Journey: Conflux Network Phase 1 Launched

In one year, Conflux has evolved from the 1.0 version of the test network to the current 5.0 version. Every upgrade and every bug fix is ​​the result of the hard work of the Conflux team members. Everyone has nurtured the Conflux network with lines of code. The release of the first phase of the Conflux network is also the first answer sheet submitted by all Conflux colleagues to our friends who care about us. All the achievements of Conflux are inseparable from the attention and support of users and partners.

Conflux believes that security should be the top priority for any technology, and protecting the assets and data of users and partners has always been one of the core missions of the Conflux network. The significance of the first phase is to provide a stable underlying network environment for partners in the Conflux ecosystem to test and develop DApps. We are well aware that the first phase of Conflux may not be perfect, so we sincerely invite users to actively participate in the Conflux network and work together to make Conflux better.

According to Conflux's plan, after the first phase of network operation is stable, we will launch the second phase of the Conflux network to introduce the miner community, provide users with more computing power and a higher level of security, and the Conflux PoW mining algorithm will also be launched simultaneously. About two months after the second phase of stable operation, the third phase of the Conflux network will be fully launched, and the economic model of this phase will also be released. The miner community can participate freely. At this time, the Conflux network will operate 24 hours a day, 7 days a week, and any technical upgrades will be completed through hard forks.

In addition, the first decentralized trading application MoonDEX developed based on the Conflux network has officially started public beta today. From now on, users can download the first mobile wallet that supports Conflux network DApps developed by Conflux ecosystem partner Dappbirds in major app stores and experience the MoonDEX (beta version) decentralized trading platform in the wallet.

In addition to the DEX applications and DEX ecosystem that have already been implemented, Conflux will also vigorously support the development of DApps in various fields from the perspectives of resources, funds, and teams. Conflux sincerely invites all partners to participate in the Conflux network ecosystem and develop "killer" applications based on Conflux's high-performance underlying network, so that blockchain, which is only available to the wealthy, can truly "fly into the homes of ordinary people."

Conflux, whose mission is to "empower decentralized business", will ensure the stable operation of the entire underlying network after the first phase is launched. At the same time, Conflux also encourages users and partners to actively participate in the Conflux network ecosystem and jointly safeguard the vigorous development of the Conflux network ecosystem.