Conflux Network, a high-performance blockchain platform, has recently captured widespread attention after confirmation that it was founded by the prestigious Yao Class team from Tsinghua University. The announcement not only validated years of academic research and technical development but also triggered a market response—its native token, CFX, surged over 12% within 24 hours. This milestone marks a significant moment in China's blockchain evolution and highlights the growing synergy between academia and real-world decentralized technology applications.
With strong institutional backing, cutting-edge consensus protocols, and plans to integrate blockchain into everyday infrastructure like SIM cards, Conflux is positioning itself as a key player in the next phase of digital transformation.
The Origins of Conflux: From Yao Class to Global Blockchain Innovation
The story of Conflux Network begins in late 2017, when Long Fan, a Yao Class alumnus and Ph.D. candidate at MIT, returned to Tsinghua University to teach cryptography and explore blockchain fundamentals. His interactions with top-tier students—including Chenxing Li—sparked the initial vision for a scalable, secure, and academically rigorous blockchain system.
This collaboration led to the development of the Tree-Graph consensus protocol, a novel approach that combines directed acyclic graph (DAG) structures with traditional blockchain logic to achieve higher throughput without sacrificing decentralization or security. Unlike conventional blockchains that process transactions sequentially, Conflux processes them in parallel, enabling faster finality and improved scalability.
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Under the guidance of Professor Andrew Yao, Turing Award winner and founder of the Yao Class, the team advanced their research into practical implementation. In 2018, with support from the Shanghai government, they established the Shanghai Tree-based Computing Blockchain Research Institute, laying the foundation for what would become Conflux Network.
Mainnet Launch and Real-World Adoption Milestones
In October 2020, Conflux Mainnet went live, marking it as the first high-performance blockchain based on peer-reviewed academic research to achieve commercial deployment under a proof-of-work consensus model. Since then, it has maintained stable operations across five continents, serving enterprises, developers, and users worldwide.
One of its most notable achievements came in September 2023, when the Shanghai institute was entrusted with a National Key R&D Program: “Blockchain Infrastructure for the Belt and Road Initiative.” This project aims to build a blockchain platform capable of handling 15,000 transactions per second (TPS), targeting cross-border logistics, financial settlements, and cultural exchange systems.
Additionally, Hunan Province approved a government blockchain initiative powered by Conflux’s protocol—demonstrating growing trust in its architecture for public-sector use cases.
Bridging Blockchain and Daily Life: The SIM Card Integration
To lower entry barriers and enhance accessibility, Conflux is partnering with China Telecom to launch the world’s first blockchain-enabled SIM card. This innovative mobile solution will allow users to manage blockchain accounts directly through their smartphones—no separate wallets or technical knowledge required.
By embedding identity verification and asset management into a familiar device component, this integration could significantly accelerate mainstream adoption of blockchain technology in China and beyond.
Moreover, leveraging Hong Kong as an international gateway, Conflux is expanding its ecosystem into Belt and Road partner countries, focusing on decentralized finance (DeFi), trade efficiency, and digital identity solutions.
Market Reaction: Why CFX Jumped Over 12%
Amid rising institutional validation and technological progress, investor confidence in Conflux reached new heights. According to CoinGecko data, CFX climbed from $0.1412** to a peak of **$0.1582, reflecting a surge of more than 12% within 24 hours following the Tsinghua announcement.
Even after slight consolidation, the token maintained a 9% gain, trading around $0.1545—a clear signal of sustained market optimism.
This rally wasn't driven by speculation alone. It reflected tangible developments:
- Academic legitimacy from Tsinghua University
- Government-backed large-scale deployment
- Real-world integrations (e.g., SIM card collaboration)
- Proven network stability over three years
Such fundamentals differentiate Conflux from many other blockchain projects reliant solely on hype.
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Core Keywords Driving Visibility
To align with search intent and enhance discoverability, the following core keywords have been naturally integrated throughout this article:
- Conflux Network
- CFX token
- Tsinghua University Yao Class
- Tree-Graph consensus
- blockchain SIM card
- high-performance blockchain
- Belt and Road blockchain
- academic blockchain research
These terms reflect both user interest and industry trends, ensuring relevance for audiences exploring scalable blockchain solutions rooted in academic excellence.
Frequently Asked Questions (FAQ)
What is Conflux Network?
Conflux Network is a high-performance public blockchain built on the Tree-Graph consensus algorithm. Developed by researchers from Tsinghua University’s Yao Class, it enables parallel transaction processing, achieving scalability up to 6,000+ TPS while maintaining decentralization and security.
Who founded Conflux?
Conflux was co-founded by members of Tsinghua University’s Yao Class, including Long Fan (MIT Ph.D.) and Chenxing Li. The project operates under the Shanghai Tree-based Computing Blockchain Research Institute, supported by Professor Andrew Yao.
Is CFX a good investment?
While past performance doesn’t guarantee future results, CFX has shown resilience due to strong fundamentals: government adoption, academic foundation, real-world use cases, and strategic partnerships. Investors should conduct due diligence but may view CFX as part of a diversified crypto portfolio focused on utility-driven blockchains.
How does the blockchain SIM card work?
The upcoming SIM card, developed with China Telecom, embeds blockchain account management features directly into the mobile SIM. Users can securely store assets, verify identity, and conduct transactions via their phones—simplifying access for non-technical users.
Can Conflux compete with Ethereum or Solana?
Conflux offers unique advantages through its hybrid DAG-blockchain design and academic rigor. While Ethereum leads in DeFi ecosystems and Solana in speed, Conflux stands out in regulated environments requiring compliance, scalability, and institutional trust—particularly in Asia and Belt and Road regions.
Is Conflux centralized?
Despite government collaboration, Conflux maintains a decentralized network structure. Its consensus mechanism relies on global miners and validators. However, its governance model balances regulatory compliance with open participation—a hybrid approach suited for cross-border applications.
Looking Ahead: The Future of Academia-Driven Blockchains
The rise of Conflux Network underscores a powerful trend: blockchain innovation rooted in academic excellence. As universities worldwide begin to treat distributed ledger technology as a serious field of study, projects emerging from labs like Tsinghua’s Yao Class are setting new standards for reliability, performance, and real-world impact.
With plans for global expansion, continued research investment, and deeper integration into national digital infrastructure, Conflux is more than just a blockchain—it's a blueprint for how science can drive technological sovereignty and inclusive digital transformation.
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As the line between theory and application blurs, one thing is clear: the future of blockchain may very well be written in university lecture halls—and executed on networks like Conflux.