Tongrun
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Tongrun
Joining the Movement & Ecosystem Building.
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Tongrun
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Filecoin has shifted from “mining-driven” to “application-driven”—the imminent first block reward halving is an important catalyst for this transition
In 2026, Filecoin is in a critical transition period, with its core logic shifting from “mining-driven” to “application-driven.” The upcoming first block reward halving is an important catalyst for this transition.
Key changes: the halving and optimization of the supply structure
Filecoin’s first block reward halving is expected to be triggered in October 2026. At that time, block rewards will drop from about 32 FIL to 16 FIL (only the simple minting portion is halved). More importantly, the early investors’ (SAFT) and the team’s 6-year linear vesting schedule—both of which end in sync with the halving—will combine to reduce the daily新增流通量 (newly circulating supply) from about 250,000 FIL to about 50,000 FIL, a decline of nearly 80%. This fundamentally alleviates the prolonged inflation sell-pressure that has persisted for years.
Key changes: the halving and optimization of the supply structure
Filecoin’s first block reward halving is expected to be triggered in October 2026. At that time, block rewards will drop from about 32 FIL to 16 FIL (only the simple minting portion is halved). More importantly, the early investors’ (SAFT) and the team’s 6-year linear vesting schedule—both of which end in sync with the halving—will combine to reduce the daily新增流通量 (newly circulating supply) from about 250,000 FIL to about 50,000 FIL, a decline of nearly 80%. This fundamentally alleviates the prolonged inflation sell-pressure that has persisted for years.
Tongrun
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Juan appears to be far from Filecoin, yet he is laying out a longer-term future for the entire ecosystem
I. Juan’s updates: from the “platform” to “planning for the future”
Although Juan appears to be far from Filecoin, he is actually laying out a longer-term future for the entire ecosystem.
1. In recent years, Juan’s publicly shared updates have focused on cutting-edge technology
In recent years, Juan has rarely discussed short-term market trends; instead, he has continued to deepen his work in cutting-edge fields such as AI, brain-computer interfaces, and life sciences.
Most of the people he engages with are front-line research practitioners—such as professors of neuroscience and founders of biotech—not crypto KOLs.
2. This is not “neglecting one’s proper business,” but a strategic upgrade
Juan’s core logic is to anticipate the storage needs for the vast surge of incremental data worldwide over the next decade.
Although Juan appears to be far from Filecoin, he is actually laying out a longer-term future for the entire ecosystem.
1. In recent years, Juan’s publicly shared updates have focused on cutting-edge technology
In recent years, Juan has rarely discussed short-term market trends; instead, he has continued to deepen his work in cutting-edge fields such as AI, brain-computer interfaces, and life sciences.
Most of the people he engages with are front-line research practitioners—such as professors of neuroscience and founders of biotech—not crypto KOLs.
2. This is not “neglecting one’s proper business,” but a strategic upgrade
Juan’s core logic is to anticipate the storage needs for the vast surge of incremental data worldwide over the next decade.
Tongrun
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Juan appears to be far from Filecoin, yet he is laying out a longer-term future for the entire ecosystem
I. Juan’s updates: from the “platform” to “planning for the future”
Although Juan appears to be far from Filecoin, he is actually laying out a longer-term future for the entire ecosystem.
1. In recent years, Juan’s publicly shared updates have focused on cutting-edge technology
In recent years, Juan has rarely discussed short-term market trends; instead, he has continued to deepen his work in cutting-edge fields such as AI, brain-computer interfaces, and life sciences.
Most of the people he engages with are front-line research practitioners—such as professors of neuroscience and founders of biotech—not crypto KOLs.
2. This is not “neglecting one’s proper business,” but a strategic upgrade
Juan’s core logic is to anticipate the storage needs for the vast surge of incremental data worldwide over the next decade.
Although Juan appears to be far from Filecoin, he is actually laying out a longer-term future for the entire ecosystem.
1. In recent years, Juan’s publicly shared updates have focused on cutting-edge technology
In recent years, Juan has rarely discussed short-term market trends; instead, he has continued to deepen his work in cutting-edge fields such as AI, brain-computer interfaces, and life sciences.
Most of the people he engages with are front-line research practitioners—such as professors of neuroscience and founders of biotech—not crypto KOLs.
2. This is not “neglecting one’s proper business,” but a strategic upgrade
Juan’s core logic is to anticipate the storage needs for the vast surge of incremental data worldwide over the next decade.
Tongrun
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FIP-0118,Filecoin’s Most Significant Economic Model Reform in History
The FIP-0118 (Solstice) proposal has officially been marked as Accepted, marking a critical step toward the most significant economic model reform in Filecoin’s history. The proposal’s core is to shift from “rewarding capacity supply” to “rewarding paid service demand,” with the following specific impacts:
Key Changes: Three Major Reforms
Full Elimination of Fil+
All newly sealed sectors will automatically receive 10x quality-adjusted power (QAP). There will be no need to apply for DataCap or go through manual review, fully addressing issues under the old mechanism such as low efficiency and centralization.
Split Block Rewards into Three Streams
w1 (Consensus Stream)
Continue rewarding block producers, but the share will gradually decrease from 95% to 50%.
w2 (Service Stream)
An initial 5% of the reward stream will go to “Service Orchestrators,” rewarding the behavior of bringing in real, paying customers. This percentage may increase by 5% each quarter, provided that the on-chain Filecoin Pay transaction volume meets the requirement.
w0 (Burn Stream)
Rewards that do not meet service targets will be directly burned, creating a deflationary constraint.
Introduce New Governance Smart Contracts
Establish a “Weight Set Executor (SWA)” and a “Service Reward Executor (SRA)” to manage the allocation rules, along with a dedicated governance repository.
Key Time Milestones and Risk Notice
Current Status
The proposal is currently only Accepted, not yet deployed on the mainnet. The next steps require code development, audits, and validation on the testnet (Calibnet).
Estimated Timeline
The community broadly expects Calibnet to activate on September 10–11, and the NV29 mainnet upgrade on October 8; however, the official specific block height has not been finalized yet, and timing may shift depending on audit progress.
In Summary
At its core, the Solstice proposal is about shifting Filecoin’s incentives from “rewarding hard drives” to “rewarding business.” In the long run, participants with real data sources and customer capabilities will benefit fully, while models that rely solely on hardware and arbitrage will face challenges.
Source Material: Official media / online news. This content is for reference, learning, and communication only. Please strictly comply with the laws and regulations in your jurisdiction. This article does not represent any investment advice.
The FIP-0118 (Solstice) proposal has officially been marked as Accepted, marking a critical step toward the most significant economic model reform in Filecoin’s history. The proposal’s core is to shift from “rewarding capacity supply” to “rewarding paid service demand,” with the following specific impacts:
Key Changes: Three Major Reforms
Full Elimination of Fil+
All newly sealed sectors will automatically receive 10x quality-adjusted power (QAP). There will be no need to apply for DataCap or go through manual review, fully addressing issues under the old mechanism such as low efficiency and centralization.
Split Block Rewards into Three Streams
w1 (Consensus Stream)
Continue rewarding block producers, but the share will gradually decrease from 95% to 50%.
w2 (Service Stream)
An initial 5% of the reward stream will go to “Service Orchestrators,” rewarding the behavior of bringing in real, paying customers. This percentage may increase by 5% each quarter, provided that the on-chain Filecoin Pay transaction volume meets the requirement.
w0 (Burn Stream)
Rewards that do not meet service targets will be directly burned, creating a deflationary constraint.
Introduce New Governance Smart Contracts
Establish a “Weight Set Executor (SWA)” and a “Service Reward Executor (SRA)” to manage the allocation rules, along with a dedicated governance repository.
Key Time Milestones and Risk Notice
Current Status
The proposal is currently only Accepted, not yet deployed on the mainnet. The next steps require code development, audits, and validation on the testnet (Calibnet).
Estimated Timeline
The community broadly expects Calibnet to activate on September 10–11, and the NV29 mainnet upgrade on October 8; however, the official specific block height has not been finalized yet, and timing may shift depending on audit progress.
In Summary
At its core, the Solstice proposal is about shifting Filecoin’s incentives from “rewarding hard drives” to “rewarding business.” In the long run, participants with real data sources and customer capabilities will benefit fully, while models that rely solely on hardware and arbitrage will face challenges.
Source Material: Official media / online news. This content is for reference, learning, and communication only. Please strictly comply with the laws and regulations in your jurisdiction. This article does not represent any investment advice.
Tongrun
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BSIM (Blockchain SIM) was jointly developed by Shudu and China Telecom. Its appearance is the same as a normal SIM, but it integrates blockchain account management into the card.
The three most important points are: 👇 👇
Hardware-level security Public/private keys are generated and stored inside the card. Transaction signing is completed in the chip, and the private key never leaves the card. Even if the phone is infected with a virus or targeted by a trojan, it becomes much harder to copy the keys.
More powerful Performance claims are: storage capacity expands by roughly 10–20x, and computing power increases by dozens of times. In addition to communication, it can also be used for encrypted storage, key recovery, and even integrated capabilities similar to a hardware USB key (U盾).
A compliant identity access point Your mobile number has been real-name verified. With the on-chain account established via BSIM, “operator real-name verification” can be matched with “on-chain identity,” making it more suitable for applications that must pass compliance requirements.
The significance for community partners is very direct: you remember fewer mnemonic phrases, install fewer plugins, and can access on-chain applications directly from your phone. If staking, transfers, and identity authorization are also made into one-click confirmations on the card side, then Web3 will truly shift from being a tool for geeks to an everyday feature. 👏👏
This is not about urging everyone to blindly go on-chain right away; it’s about expanding the entry point from “people who know how to use wallets” to “people who know how to use phones.”
The deployment timeline, coverage cities, and specific apps still need to follow the telecom operator’s announcements and official notices.
Source of materials: official media / online news. The content is for reference, learning, and交流 only. Please strictly comply with the laws and regulations in your location. This article does not represent any investment advice.
The three most important points are: 👇 👇
Hardware-level security Public/private keys are generated and stored inside the card. Transaction signing is completed in the chip, and the private key never leaves the card. Even if the phone is infected with a virus or targeted by a trojan, it becomes much harder to copy the keys.
More powerful Performance claims are: storage capacity expands by roughly 10–20x, and computing power increases by dozens of times. In addition to communication, it can also be used for encrypted storage, key recovery, and even integrated capabilities similar to a hardware USB key (U盾).
A compliant identity access point Your mobile number has been real-name verified. With the on-chain account established via BSIM, “operator real-name verification” can be matched with “on-chain identity,” making it more suitable for applications that must pass compliance requirements.
The significance for community partners is very direct: you remember fewer mnemonic phrases, install fewer plugins, and can access on-chain applications directly from your phone. If staking, transfers, and identity authorization are also made into one-click confirmations on the card side, then Web3 will truly shift from being a tool for geeks to an everyday feature. 👏👏
This is not about urging everyone to blindly go on-chain right away; it’s about expanding the entry point from “people who know how to use wallets” to “people who know how to use phones.”
The deployment timeline, coverage cities, and specific apps still need to follow the telecom operator’s announcements and official notices.
Source of materials: official media / online news. The content is for reference, learning, and交流 only. Please strictly comply with the laws and regulations in your location. This article does not represent any investment advice.
Tongrun
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The Hong Kong policy window is favorable for Conflux Tree Graph. Conflux’s project development and its ecosystem positioning align with Hong Kong’s policies.
The Hong Kong policy window is favorable for Conflux’s Tree Graph. Conflux’s own project development and its ecosystem positioning align with Hong Kong’s policies.
The compliance public-chain positioning of Tree Graph, along with stablecoins and cross-border settlement, fits this window perfectly. I’m optimistic about Conflux’s development in Hong Kong.
What Conflux Tree Graph can do is connect a compliant public chain, stablecoins, and cross-border settlement to this track being laid out. It’s recommended that once you enter the premises—even though the market doors are already open—the actual business operations will rely on on-chain technology and be carried out within a licensed regulatory ecosystem.
The current Hong Kong policy window is very favorable for Conflux: as digital assets achieve scaled development within the regulatory framework—especially with tokenization and stablecoins established as core foundational infrastructure—Conflux, as a compliant public chain with cross-border settlement capabilities, is highly aligned with this trend. This strategic fit lays a solid foundation for its business expansion in Hong Kong. Even though market opportunities are already there, obtaining specific orders, relevant licenses, and partnerships still needs to be advanced step by step.
The compliance public-chain positioning of Tree Graph, along with stablecoins and cross-border settlement, fits this window perfectly. I’m optimistic about Conflux’s development in Hong Kong.
What Conflux Tree Graph can do is connect a compliant public chain, stablecoins, and cross-border settlement to this track being laid out. It’s recommended that once you enter the premises—even though the market doors are already open—the actual business operations will rely on on-chain technology and be carried out within a licensed regulatory ecosystem.
The current Hong Kong policy window is very favorable for Conflux: as digital assets achieve scaled development within the regulatory framework—especially with tokenization and stablecoins established as core foundational infrastructure—Conflux, as a compliant public chain with cross-border settlement capabilities, is highly aligned with this trend. This strategic fit lays a solid foundation for its business expansion in Hong Kong. Even though market opportunities are already there, obtaining specific orders, relevant licenses, and partnerships still needs to be advanced step by step.
Tongrun
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Do you know: how did the tree graph come about, and what makes it strong?
Conflux (Tree-Graph) isn’t a chain that tells a story first and then adds the technology. In late 2017, during a discussion in a cryptography class at Tsinghua University, Turing Award winner Prof. QI Yao’s conversation became the starting point of this journey. The core team largely comes from the Yao Class and tackles the hardest layer of a public blockchain: how to record ledgers, and how to confirm transactions quickly.
Many chains are like a single-lane road—fast is needed, and many people also need to record at the same time—but they often can’t have both.
Tree-Graph uses its own Tree-Graph ledger and the GHAST consensus, enabling transactions to be processed in parallel and then safely consolidated into a single, deterministic history. In simple terms: it’s not about squeezing the cars into one lane; it’s about widening the road—while still keeping the ledger orderly.
The project went live in 2020 in Shanghai. Public materials have noted: cross-continent node networking, peak TPS reaching the 6000-range, and attempts to break the performance wall of “many users online at the same time + high throughput” in real-world wide-area networks.
In 2023, it also took on research topics related to large-scale blockchain infrastructure platforms for the “Belt and Road” initiative. The scenarios target real-world needs in cross-border logistics, settlement, and cultural exchange—things that must run smoothly and stand the test.
Tree-Graph’s advantages aren’t just slogans—they are:
Clear origins: top-tier academic work from the very start, not a concept-driven project.
Performance built for real networks: it must still confirm transactions under global nodes and high concurrency.
Two spaces to use: Core supports compliance and payment-facing applications, and eSpace is compatible with Ethereum tooling—so both developers and funds can enter.
Prof. QI Yao’s idea of “China having its own underlying protocol” is realized on a public chain that can run payments, integrate stablecoins, and also be used by developers—that’s Conflux.
#Conflux #CFX #Web3
Material source: official media / online news. Content is for reference, learning, and communication only. Please strictly comply with the laws and regulations in your location. This article does not represent any investment advice.
Conflux (Tree-Graph) isn’t a chain that tells a story first and then adds the technology. In late 2017, during a discussion in a cryptography class at Tsinghua University, Turing Award winner Prof. QI Yao’s conversation became the starting point of this journey. The core team largely comes from the Yao Class and tackles the hardest layer of a public blockchain: how to record ledgers, and how to confirm transactions quickly.
Many chains are like a single-lane road—fast is needed, and many people also need to record at the same time—but they often can’t have both.
Tree-Graph uses its own Tree-Graph ledger and the GHAST consensus, enabling transactions to be processed in parallel and then safely consolidated into a single, deterministic history. In simple terms: it’s not about squeezing the cars into one lane; it’s about widening the road—while still keeping the ledger orderly.
The project went live in 2020 in Shanghai. Public materials have noted: cross-continent node networking, peak TPS reaching the 6000-range, and attempts to break the performance wall of “many users online at the same time + high throughput” in real-world wide-area networks.
In 2023, it also took on research topics related to large-scale blockchain infrastructure platforms for the “Belt and Road” initiative. The scenarios target real-world needs in cross-border logistics, settlement, and cultural exchange—things that must run smoothly and stand the test.
Tree-Graph’s advantages aren’t just slogans—they are:
Clear origins: top-tier academic work from the very start, not a concept-driven project.
Performance built for real networks: it must still confirm transactions under global nodes and high concurrency.
Two spaces to use: Core supports compliance and payment-facing applications, and eSpace is compatible with Ethereum tooling—so both developers and funds can enter.
Prof. QI Yao’s idea of “China having its own underlying protocol” is realized on a public chain that can run payments, integrate stablecoins, and also be used by developers—that’s Conflux.
#Conflux #CFX #Web3
Material source: official media / online news. Content is for reference, learning, and communication only. Please strictly comply with the laws and regulations in your location. This article does not represent any investment advice.
Tongrun
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Performance comparison between Conflux and other blockchains (ETH, SOL), and its core advantages
1. Throughput performance
Conflux’s tree-graph consensus allows it to achieve 3,000–6,000 TPS at the L1 layer (actual stable operating value), and the latest version 3.0 has a theoretical upper limit of 15,000+ TPS. By comparison, Ethereum mainnet supports only 15–30 TPS and relies on Layer 2 scaling; Solana’s theoretical value is 65,000 TPS, but in actual operation it often fluctuates between 2,000–4,000 TPS.
2. Stability advantage
Conflux has processed over 400 million transactions in total, and during this period there has never been a network outage or transaction congestion, whereas Solana has experienced full-network downtime multiple times. Its tree-structured design enables parallel block processing, so even during traffic spikes the network will not get congested.
Conflux’s tree-graph consensus allows it to achieve 3,000–6,000 TPS at the L1 layer (actual stable operating value), and the latest version 3.0 has a theoretical upper limit of 15,000+ TPS. By comparison, Ethereum mainnet supports only 15–30 TPS and relies on Layer 2 scaling; Solana’s theoretical value is 65,000 TPS, but in actual operation it often fluctuates between 2,000–4,000 TPS.
2. Stability advantage
Conflux has processed over 400 million transactions in total, and during this period there has never been a network outage or transaction congestion, whereas Solana has experienced full-network downtime multiple times. Its tree-structured design enables parallel block processing, so even during traffic spikes the network will not get congested.
Tongrun
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Conflux—How does it ensure blockchain data security?
Conflux ensures the security of blockchain data through multi-layered, multi-dimensional security mechanisms, mainly reflected in the following aspects:
1. Hybrid consensus mechanism: PoW + PoS dual protection
Conflux adopts a hybrid consensus mechanism that combines Proof of Work (PoW) and Proof of Stake (PoS), which is the core foundation of its security:
The PoW layer is responsible for resisting attacks, ensuring that attackers need to incur high computational power costs to launch an attack
The PoS layer provides final confirmation of transactions, effectively preventing long fork or reorganization attacks and reducing the risk of 51% attacks
1. Hybrid consensus mechanism: PoW + PoS dual protection
Conflux adopts a hybrid consensus mechanism that combines Proof of Work (PoW) and Proof of Stake (PoS), which is the core foundation of its security:
The PoW layer is responsible for resisting attacks, ensuring that attackers need to incur high computational power costs to launch an attack
The PoS layer provides final confirmation of transactions, effectively preventing long fork or reorganization attacks and reducing the risk of 51% attacks
Tongrun
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Conflux Security Ecosystem: Systematizing from Audits to Real-Time Monitoring
I. 2025: Establishing a Foundation for Top-Tier Security Audits
In September 2025, the Conflux network completed a rigorous audit conducted by two internationally renowned security firms, Halborn and Least Authority. The audit report has been published on the official GitHub repository. This initiative is intended to strengthen the network’s security resilience, providing developers and organizations with a safe and reliable infrastructure foundation.
II. 2026: Security Exposure and Rapid Response
May: v3.0.3 testnet emergency patch
In May 2026, Conflux released the v3.0.3 testnet upgrade, aimed at fixing a critical security vulnerability that could cause nodes to fail in certain situations. The upgrade is recommended, but the official clearly states that un-upgraded nodes may face operational risks. The market reaction was steady.
In September 2025, the Conflux network completed a rigorous audit conducted by two internationally renowned security firms, Halborn and Least Authority. The audit report has been published on the official GitHub repository. This initiative is intended to strengthen the network’s security resilience, providing developers and organizations with a safe and reliable infrastructure foundation.
II. 2026: Security Exposure and Rapid Response
May: v3.0.3 testnet emergency patch
In May 2026, Conflux released the v3.0.3 testnet upgrade, aimed at fixing a critical security vulnerability that could cause nodes to fail in certain situations. The upgrade is recommended, but the official clearly states that un-upgraded nodes may face operational risks. The market reaction was steady.
Tongrun
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Conflux Security Ecosystem: Systematizing from Audits to Real-Time Monitoring
I. 2025: Establishing a Foundation for Top-Tier Security Audits
In September 2025, the Conflux network completed a rigorous audit conducted by two internationally renowned security firms, Halborn and Least Authority. The audit report has been published on the official GitHub repository. This initiative is intended to strengthen the network’s security resilience, providing developers and organizations with a safe and reliable infrastructure foundation.
II. 2026: Security Exposure and Rapid Response
May: v3.0.3 testnet emergency patch
In May 2026, Conflux released the v3.0.3 testnet upgrade, aimed at fixing a critical security vulnerability that could cause nodes to fail in certain situations. The upgrade is recommended, but the official clearly states that un-upgraded nodes may face operational risks. The market reaction was steady.
In September 2025, the Conflux network completed a rigorous audit conducted by two internationally renowned security firms, Halborn and Least Authority. The audit report has been published on the official GitHub repository. This initiative is intended to strengthen the network’s security resilience, providing developers and organizations with a safe and reliable infrastructure foundation.
II. 2026: Security Exposure and Rapid Response
May: v3.0.3 testnet emergency patch
In May 2026, Conflux released the v3.0.3 testnet upgrade, aimed at fixing a critical security vulnerability that could cause nodes to fail in certain situations. The upgrade is recommended, but the official clearly states that un-upgraded nodes may face operational risks. The market reaction was steady.
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