Wuzhen site | Conflux Wuming: Adhere to the principle of decentralization to develop blockchain technology

Babbitt reported that the "2019 World Blockchain Conference·Wuzhen" hosted by Babbitt was held at the Wuzhen Internet International Convention and Exhibition Center from November 8th to 9th. This morning, at the "D-Future: The Future of Decentralized Finance" sub-forum, Conflux co-founder and CTO Wu Ming said that Conflux can expand the consensus algorithm and adjust the appropriate block size through the self-developed tree structure. And the block rate, the efficiency of the entire public chain system will be greatly improved. The tree diagram structure effectively solves the problem of waste of computing resources and consequent reduction of security caused by forks in high-concurrency networks, so that consensus is no longer a bottleneck of blockchain performance. He also pointed out that at present, the development of blockchain technology has become a national trend. It is necessary to adhere to the principle of decentralization to develop blockchain technology, which plays an important role in the future implementation of blockchain.