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Conflux emerges as the most promising Chinese blockchain technology, anchored by its Tree-Graph consensus algorithm that bolsters transactions per second TPS while adhering to the stringent security of Proof of Work PoW consensus. Chinese cryptocurrency mining rig maker Canaan announced Tuesday that it has entered into multiple partnerships in Kazakhstan and deployed over 10, mining machines in the country, as the company steps up efforts to expand globally. The latest shakeout in digital currencies also stems from tighter scrutiny in the United States.