Conflux multichain protocol shuts down after two years

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Conflux is supported by the Shanghai Municipal People’s Government.

ShuttleFlow, the ecosystem multichain protocol operated and maintained by Conflux Foundation, also known as the Shanghai Tree-Graph Blockchain Research Institute, will

The ShuttleFlow technology stack will instead be transferred to Web3 studio Zero Gravity, which will continue to develop the protocol under a new brand."All user funds are secure and will be migrated from ShuttleFlow to Zero Gravity," developers wrote, adding,"Users who have previously bridged through ShuttleFlow and completed the claim of their bridged assets on the destination chain do not need to undergo any additional operations for the migration.

"After ShuttleFlow shuts down its bridging, users can bridge through Zero Gravity's official dApp or continue using the bridging aggregator, which will integrate Zero Gravity when launched." The ShuttleFlow decentralized application will remain partially operational until January 2024 to allow users who have bridged assets but have not yet claimed them to retrieve their assets. After that, its website and servers will be removed permanently.the Shuttleflow asset bridge to better onboard its ecosystem users to decentralized finance. The company said at the time that its proof-of-work algorithm allowed protocol transactions of up to 6,000 per second.

 

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