In the digital currency industry, Conflux (CFX) has attracted much attention as an emerging blockchain project. Recently, a technological breakthrough called "Rune Detonation" has completely changed the pattern of Conflux mining, causing miners' income to soar 15 times in an instant. This amazing growth has not only brought about a surge in wealth, but also triggered a surge in computing power, pushing the entire blockchain industry into a boom again. Let us explore this detonating change in depth and reveal the secrets and influences behind it.

Conflux Rune Detonation: The Detonation Point of the Mining Revolution

The Conflux project has been committed to building a high-performance, scalable blockchain infrastructure to provide users with a faster and safer digital currency experience. The advent of the "Rune Detonation" technology is undoubtedly a revolutionary breakthrough in the field of Conflux mining. By optimizing the way blockchain calculations, Rune Detonation realizes the effective use of computing power and greatly improves mining efficiency, which directly leads to a surge in miners' income.

Behind this technological breakthrough is the long-term research and development and exploration of the Conflux team. They continuously optimize algorithms and improve network throughput, laying a solid foundation for the realization of Rune Detonation. Through unremitting efforts and practice, miners have fully utilized the huge potential brought by this technological innovation, allowing their income to increase significantly.

The surge in computing power and the surge in miners' income

With the technological upgrade and innovation in the field of Conflux mining, the computing power of miners has been greatly improved. The application of rune detonation technology allows each calculation to be more effectively utilized, and the mining efficiency has been greatly improved. This is not only reflected in the surge in miners' income, but also in the further strengthening of the stability and security of the entire network.

As an important part of the blockchain network, the improvement of miners' computing power directly affects the operating efficiency of the entire network. With the surge in miners' income, more miners will be attracted to join Conflux's mining, further expanding the scale of the network and injecting new vitality into the development of blockchain. It can be said that the surge in computing power has not only brought actual benefits to miners, but also laid a solid foundation for the prosperity and development of the entire Conflux ecosystem.

The blockchain boom is re-emerging: Conflux leads a new trend in digital currency

With the prosperity and development of the Conflux mining field, the entire blockchain industry has once again set off a wave of enthusiasm. As an emerging digital currency project, Conflux has attracted the attention of many investors and developers with its high performance and low cost. The advent of rune detonation technology has added new vitality to Conflux, allowing it to stand out in the fierce competition.

In this new wave of digital currency, Conflux is not only a shining star, but also a leader and pioneer. Its constantly innovative technology and steady development strategy have set an example for the entire blockchain industry. As more projects and institutions join the Conflux ecosystem, we have reason to believe that this craze will continue to heat up and bring more possibilities to the future of digital currency.

Conclusion: Resonate with the future and explore infinite possibilities

Conflux rune detonation has brought about revolutionary changes in the mining field, promoted the surge in computing power, and made miners' income soar. This is not only a technological advancement, but also a testimony to the booming development of the blockchain industry. In this digital age, we should dare to break the routine, be brave to innovate, and jointly explore the infinite possibilities of blockchain. Let us go hand in hand and write a brilliant future for digital currency together!

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Coin Circle (120BTc.coM): Last week, the launch of SATS spot and contracts was announced, continuing the popularity of the inscription sector and continuing to burn on major public chains.

Recently, it has spread to the Chinese public chain project Conflux
Network. Its first rune (inscription advanced version) project CFXs has quickly become popular in the Chinese crypto community, causing a surge in transaction fees on the Conflux network, which in turn brought rich benefits to miners.

This phenomenon has attracted more miners to join Conflux, thereby indirectly increasing the computing power and difficulty of the entire network.

Conflux's first rune CFXs has a total of 21 million pieces

X account @VictoriousJ_ introduced the rune project CFXs on the 13th, with a total circulation of 21 million pieces. The rune was originally deployed by Conflux community members in eSpace, and the contract address is 0xc6e865c213c89ca42a622c5572d19f00d84d7a16.

This project uses UTXO runes combined with EVM technology to achieve this. Specifically, it is a rune.

In addition, in the past two days, a CFXS inscription project different from CFXs runes has also emerged, which has also attracted widespread attention from the community.

Runes was officially launched on December 5, 2022. The key difference from existing inscriptions is that Runes natively supports Bitcoin's unspent transaction output (UTXO) model. This design minimizes the generation of so-called "junk" UTXOs, that is, those small and infrequently used UTXOs, thereby achieving more efficient and responsible UTXO management and reducing its footprint on the blockchain.

Community members responded to the reason behind the difficulty of inscriptions: eSpace is fully loaded

The recent inscription craze is undoubtedly a stress test for major public chains. From the congestion of the Bitcoin network to the crash of Arbitrum, Conflux has also faced similar challenges. Many community members have responded that there are many empty blocks on the eSpace network, but there are still transactions that cannot be put on the chain.

In this regard, Dr. Li Chenxing, a core R&D engineer at Conflux, pointed out that the current situation is the first time that such a high TPS has been achieved since the launch of the Confluxe
Space mainnet. He further explained: The reason for the appearance of these empty blocks is that these blocks are designed according to the protocol and can only package CoreSpace transactions, not eSpace transactions. The designed maximum throughput of eSpace is 1/10 of CoreSpace, which is about 300TPS (transactions per second) of ordinary transfer transactions. The current throughput of eSpace is as high as 290TPS of ordinary transfer transactions, which is equivalent to being fully loaded. If the transaction cannot be uploaded to the chain, it is likely because the gasprice is not high enough (but there may be other reasons)

eSpace is part of the Conflux network, an Ethereum-compatible blockchain environment that enables Conflux to access a wide range of Ethereum applications and tools, while CoreSpace is Conflux's native blockchain space, supporting its unique functions and features.

In addition, Dr. Li Chenxing added that the current random packaging strategy of the transaction pool is unreasonable and will be adjusted in the near future.

Conflux Network Activity

Due to the significant increase in Conflux network transaction fees (Gas
fee), miners have received lucrative benefits, which has further attracted more miners to join Conflux, thereby indirectly increasing the network computing power and mining difficulty.

Network computing power increased nearly 6 times

According to ConfluxScan data, today's Confluxe
Space network computing power is as high as 6527.47GH/s, compared with 1,131GH/s before the launch of the rune on the 13th, an increase of 5.7 times.

Mining difficulty increased nearly 5 times

According to the data of the Miningpoolstats platform, the mining difficulty of the Conflux network has soared by 469.7% in the past 7 days, showing the fierce competition of its network mining.

Miners' income increased more than 15 times

In terms of miners' income, according to ConfluxScan data, 6 days ago, the block income was generally less than 2 CFX (the current block reward is 1 CFX, and the rest is handling fees), while the block income is generally higher than 30 CFX, an increase of more than 15 times.

Although the computing power of the entire network continues to increase, according to the hashrate website data, the Conflux mining income of NVIDIA RTX
3070 graphics card is still among the best. In the past 24 hours, "double mining" of Conflux and Radiant can earn $1.04, while miners who mine Conflux alone can also earn $0.96. These figures are much higher than the second and third ranked currencies, which can only earn $0.53 and $0.75 respectively.

More than 100,000 addresses are scrambling for CFXs

As for how many participants CFXs has attracted, today's X account cfx currency value survey commentator posted a message pointing out that preliminary statistics show that more than 100,000 addresses have participated in the minting of CFXs. Currently, only about 20% of the issuance volume remains for minting, and it is expected that all minting will be completed within 2 days.