Conflux’s (CFX) TreeGraph public blockchain introduced model 3.0 at a expertise and ecosystem growth convention in Shanghai. The brand new model is scheduled to be built-in into the mainnet in August.
In accordance with the assertion, TreeGraph 3.0 makes a important technical leap ahead by reaching a capability of 15,000 transactions per second (TPS), whereas additionally natively supporting synthetic intelligence (AI) agent calls and on-chain funds of real-world belongings (RWA).
The convention theme was “Expertise builds belief, openness embraces the world,” and specialists and lecturers from China, the US, and Canada mentioned the way forward for blockchain expertise and Web3.0. The unveiled TreeGraph 3.0 goals to offer a extra sturdy Web3 infrastructure for each native and international builders.
Conflux TreeGraph was developed by a Chinese language analysis group based mostly at Tsinghua College. The group deserted the conventional “block chaining” method and as a substitute developed a high-performance consensus algorithm based mostly on a tree-graph construction. The TreeGraph mainnet was launched in Shanghai and has been working stably for roughly 5 years.
In accordance with the press launch, TreeGraph’s community has processed 170 million transactions so far and reached over 25 million customers worldwide. The height node rely reached 5,000, working in over 40 international locations throughout 5 continents. TreeGraph has additionally established cross-chain bridges with a number of main public blockchains, creating an ecosystem that addresses all Web3 segments, together with DeFi, RWA, metaverse, social media, gaming, and SaaS.
Market exercise can be noteworthy. The CFX worth is buying and selling at $0.1454, up 40% in the final 24 hours.
*This will not be funding recommendation.
