Conflux Network Announces Upcoming Hardfork Upgrade

Conflux
Network
Prepares
for
Hardfork
Upgrade

In
a
recent
announcement,
the
Conflux
Network
has
revealed
that
it
is
planning
to
implement
modifications
of
12
different
Conflux
Improvement
Proposals
(CIPs)
in
its
next
Hardfork
system
upgrade.
This
report
comes
via
a
post
on
the
Conflux
Forum,
highlighting
the
scope
of
the
forthcoming
modifications.

Details
of
the
CIPs

The
proposed
modifications
include
CIP-130,
CIP-131,
CIP-132,
CIP-133,
CIP-136,
CIP-137,
CIP-141,
CIP-142,
CIP-143,
CIP-144,
CIP-145,
and
CIP-1559.
These
CIPs
can
be
broadly
categorised
into
different
areas
such
as:
the
introduction
of
the
1559
mechanism;
compatibility
with
the
Cancun
upgrade;
addition
of
system
functionalities;
consensus
protocol
adjustments;
and
bug
fixes.

Notably,
CIP-1559
and
CIP-137
are
focused
on
the
introduction
of
the
1559
mechanism.
This
mechanism
aims
to
improve
the
predictability
of
transaction
fees
in
the
Conflux
Network.
CIP-141,
CIP-142,
CIP-143,
and
CIP-144
are
intended
to
ensure
compatibility
with
the
Cancun
upgrade.
CIP-133
is
aimed
at
enhancing
system
functionalities,
while
CIP-130
and
CIP-136
propose
adjustments
to
the
consensus
protocol.
Lastly,
CIP-131,
CIP-132,
and
CIP-145
are
centered
on
fixing
various
bugs.

Implications
for
the
Conflux
Network

The
upcoming
modifications
in
the
Hardfork
system
upgrade
reflect
the
Conflux
Network’s
commitment
to
continuous
improvement
and
adaptation.
By
addressing
areas
such
as
system
functionality,
protocol
adjustments,
and
bug
fixes,
the
network
is
taking
steps
to
ensure
its
robustness
and
efficiency.
The
proposed
modifications
also
demonstrate
the
network’s
responsiveness
to
technological
advancements
and
changes
in
the
wider
crypto-ecosystem,
as
exemplified
by
the
incorporation
of
the
1559
mechanism
and
the
compatibility
with
the
Cancun
upgrade.

Given
the
complexity
and
technicality
of
these
CIPs,
the
Conflux
Network
has
provided
detailed
information
on
each
proposal
on
their
GitHub
page.
This
transparency
enables
users
and
developers
to
understand
the
implications
of
the
proposed
modifications
and
to
contribute
to
the
ongoing
development
of
the
Conflux
Network.

Looking
Forward

With
these
proposed
modifications,
the
Conflux
Network
continues
to
evolve
and
adapt
to
meet
its
users’
needs.
The
upcoming
Hardfork
system
upgrade
signifies
the
network’s
ongoing
commitment
to
enhancing
its
functionality,
security,
and
overall
user
experience.
As
the
network
continues
to
grow,
these
modifications
will
play
a
crucial
role
in
shaping
its
future
direction
and
success.

Image
source:
Shutterstock

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