According to Foresight News, at the 2024 Hong Kong Web3 Carnival, Conflux co-founder and CTO Wu Ming revealed that Conflux is developing and applying a Bitcoin-compatible Layer3 expansion solution. This solution has two advantages. One is that it can achieve a spiral enhancement of network security. In the Conflux network, the current network security and decentralization are achieved through PoS node rotation and DPSS protocol to carry a certain degree of BTC assets across chains to the Conflux network.
Secondly, by setting up the API of the virtual machine service, Virtual Space is separated from the full node process and placed in an independent virtual machine service process, creating conditions for third-party teams and developers to deploy new virtual machines on the Conflux network, completing the development process of Bitcoin network Laye3, and completing the modular expansion of the security mechanism of the Conflux network. At this stage, Conflux has planned three main directions for customizable virtual machines: "Virtual machines for the Move language ecosystem", "High-performance EVM virtual machines based on parallel technology", and "Virtual machines that support AI-enhanced smart contracts".
