DWF Labs launches PoS node on the Conflux network

ChainCatcher news, DWF Labs has launched a Proof of Stake (PoS) node on the Conflux network to further solidify its belief and support for the long-term value of the project in BTC asset innovation.

By investing resources to stake and operate dedicated institutional PoS nodes, DWF Labs is contributing to the security, stability, and sustainable ecosystem growth of the network. The PoS nodes launched by DWF Labs will support Conflux's mission of innovation within the Bitcoin ecosystem, particularly the upcoming BTC Layer 2 (L2) solution.

Conflux's PoS consensus approach combines key sharing based on Verifiable Secret Sharing (VSS), aimed at ensuring decentralized management of Bitcoin assets.