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Blockchain startup Conflux has received over $5 million research grant from the Shanghai Science and Technology Committee and Changning District government, which is part of the city’s municipal government. The Beijing-based firm touted that it has become the only public, permissionless blockchain project backed by the Chinese government, according to the
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Corporate blockchain solutions provider Waves Enterprises has partnered with Chinese decentralized ledger technology (DLT) startup Conflux Network to boost hybrid data transactions in permissioned networks. The collaboration, announced on Thursday, will see Waves Enterprise using its anchoring technology to allow companies to facilitate data transfer across private and public blockchains.
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Conflux Network, who claim to be the only state-endorsed public, permissionless blockchain project in China — backed by
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Blockchain startup Conflux has announced its Conflux Ecosystem Grants Program, paid in the blockchain’s native CRX token, for building out the Conflux ecosystem, according to a release from the firm. DisclosureThe leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
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Nevertheless, the Conflux Incubation Center aims to invite developers and entrepreneurs to build decentralized applications (dapps) on the public permissionless blockchain developed by the firm. Like bitcoin and ethereum, that blockchain is public, so anyone can participate, and it uses a similar proof-of-work mechanism to reach consensus on the state of
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