Conflux Network originated from the research lab of Turing Award recipient Dr. Andrew Yao at Tsinghua University.
This progressive research provides a solution to the ‘blockchain trilemma’ problem with a novel Tree-Graph consensus mechanism that optimizes security, scalability and decentralization.
In 2018, the Conflux Foundation was formed and a regulatory compliant fundraise was completed to build an open infrastructure based on this breakthrough consensus mechanism. Soon after, Conflux established itself as the only state endorsed public, permissionless blockchain in China.
As respected advocates of public blockchain infrastructure in China, Conflux is advancing the education and research in blockchain development. In 2019, Conflux Hangzhou operation center was established. In 2020, Conflux established the Tree-Graph Research Institute in partnership with the government of Shanghai and the Key Laboratory of Blockchain Infrastructure & Applications with the government of Hunan.
Conflux has also expanded its global operations and community with a diverse distributed team of more than 50 members across over four continents, including offices in Toronto, Canada and Lagos, Nigeria.