Full Reveal of Conflux3.0 Mainnet Upgrade, WEEX Analysis: Is CFX Still Worth Buying?

From July 20 to July 21, the price of CFX (Conflux) suddenly surged, with an intraday increase of over 100%, leading the altcoin sector strongly, immediately sparking heated discussions in the WEEX global community. As a once-popular domestic public chain in 2021, Conflux has recently made a rare return to the hot search list. The key reason behind its price movement is the upcoming Conflux 3.0 mainnet upgrade and the overseas benchmark projects that will jointly promote the issuance of offshore RMB stablecoins, cross-border settlement, RWA, and other application scenarios in the "Belt and Road"共建 countries. According to official information, Conflux 3.0 will be released soon. The official community discussion of WEEX Exchange believes that this upgrade strengthens Conflux's long-term imagination space, making its strategic position in emerging scenarios such as stablecoins and RWA more prominent, significantly boosting market expectations!

What "qualitative changes" does the Conflux 3.0 upgrade bring?

Conflux 3.0 is one of the most significant technical upgrades since the launch of the public chain's mainnet, focusing on performance, security, and developer experience, marking the network's official entry into the stage of "parallel operation of multiple virtual machines." Below are the three core changes of this upgrade:

• Introduction of EVM and Conflux dual virtual machine parallel architecture
  In the past, the Conflux mainnet mainly ran its self-developed Conflux Virtual Machine (CVM), which brought significant compatibility barriers due to its independent ecosystem. After the 3.0 upgrade, the Conflux network officially supports the Ethereum-compatible EVM, running in parallel with CVM. Developers can deploy contracts to any virtual machine environment according to their needs, significantly reducing development thresholds and migration costs.

• Network architecture reconstruction: from a single chain to a dual-chain协同 mechanism
  The core of the Conflux 3.0 architecture is the new paradigm of "Conflux Native" and "Conflux eSpace" dual chains coexisting and operating协同. The Native chain continues to carry the original high-performance transaction tasks, while the eSpace chain undertakes the EVM-compatible contract ecosystem. The two chains complete asset and data互通 through a message bridge, and contracts deployed on different virtual machines can be called between chains, building an underlying system that balances compatibility and performance.

• Cross-chain bridge, security model, and PoS mechanism enhancements
  In terms of security and asset互操作, Conflux 3.0 has optimized its cross-chain bridge design, improving inter-chain communication efficiency and anti-attack capabilities. At the same time, the details of the PoS权益验证 mechanism have also been adjusted, encouraging more long-term stakers to participate in consensus verification, which helps improve network stability and resistance to Sybil attacks.

Overall, Conflux 3.0 is a platform-level technical再造, not only improving the original chain's performance and scalability but also opening the door to multi-chain生态 compatibility, laying a stronger foundation for its生态拓展 and international application落地.

How should retail investors position themselves? WEEX's CFX trading data provides the answer

Under the impact of the热点, the 24-hour trading volume of the CFX/USDT trading pair on WEEX Exchange has doubled, rising to become the platform's热门币种 and the top of the涨幅排行榜. It is worth noting that WEEX Exchange currently supports various order mechanisms, including limit orders, take-profit and stop-loss orders, suitable for short-term波段 and medium-term持仓 users for flexible configuration. In addition, WEEX Exchange provides USDT保证金合约 and CFX现货同步 trading. For users skilled in risk management, they can构建多空对冲 strategies to more effectively capture market波动红利.

Can the热度 continue? It depends on the延续力 of the narrative

Although the short-term上涨 is driven by technical upgrades, in the medium to long term, Conflux still faces challenges in生态扩展 and on-chain application activity. Currently, the limited TVL scale and slow development of DeFi applications are still its growth "天花板." But precisely because of this, if the 3.0 upgrade leads to the return of developers and the re-activation of funds, CFX's "二次起飞" is not without basis. For retail investors, how to establish认知 before the trend becomes clear will be the real advantage.

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