Conflux (CFX) announces the launch of its EVM-compatible Bitcoin Layer 2 solution
Conflux Network has introduced its EVM-Compatible Bitcoin Layer 2 Solution. The network will have the following key features: BTC as the native currency for gas fees, bridge of various asset types from Bitcoin, unparalleled security for third-party smart contracts, and enhanced credibility through BTC staking in the PoS consensus protocol. Testnet launch is expected for February/march 2024, while mainnet is scheduled for May 2024.
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