Coinspeaker
Conflux Network Completes V2.4.0 Hardfork Upgrade
Conflux Network has successfully completed its v2.4.0 network hardfork upgrade, marking a significant milestone for the blockchain’s evolution. The upgrade introduces several key improvements aimed at enhancing network efficiency, user experience, and stability.
Key Enhancements with v2.4.0
Conflux Network is a Layer 1 blockchain platform known for its hybrid PoW/PoS consensus mechanism, which enhances scalability and security while keeping transaction fees low and improving transaction efficiency. The latest upgrade was announced via the platform’s official X (formely Twitter) page.
The v2.4.0 upgrade incorporates several Critical Improvement Proposals (CIPs) designed to advance the Conflux blockchain. Among the most notable is CIP-1559, which adapts Ethereum’s fee model to Conflux’s unique dual-space structure. This adaptation aims to make transaction fees more predictable and stable by implementin
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