What is Conflux (CFX)? Key Features, Market Data, and Network Insights

Introduction to Conflux (CFX)

Conflux (CFX) is a public layer-1 blockchain designed to power decentralized applications (dApps), e-commerce, and Web 3.0 infrastructure by offering superior scalability, decentralization, and security compared to existing protocols.

Key attributes:

• Tree-Graph consensus mechanism (hybrid PoW/PoS).
• EVM-compatible smart contracts (written in Solidity).
• Low transaction fees with high throughput.

The platform’s native token, CFX, facilitates transactions, governance, and staking rewards.

Founders and Development Team

Conflux was founded by a team of academics and engineers from top-tier institutions like Tsinghua University. The project emphasizes scientific rigor and peer-reviewed research to optimize blockchain performance.

Unique Value Propositions

1. Hybrid Consensus Model: Combines PoW’s security with PoS’s energy efficiency.
2. Regulatory Compliance: Partners with governments and enterprises in China for compliant blockchain solutions.
3. Interoperability: Supports cross-chain asset transfers via bridges (e.g., Ethereum, Binance Smart Chain).

👉 Explore Conflux’s latest partnerships

Tokenomics: Supply and Distribution

• Circulating supply: Updated in real-time on CoinMarketCap.
• Max supply: Fixed at 5 billion CFX.
• Use cases: Transaction fees, staking, and governance voting.

| Metric | Detail |
|----------------|-----------------------|
| Market Cap | Dynamically updated |
| Inflation Rate | Controlled via staking|

Network Security

Conflux employs:

• Tree-Graph algorithm for tamper-resistant consensus.
• Staking pools to decentralize validator participation.

Where to Buy CFX

Available on major exchanges like:

1. OKX (spot/trading pairs).
2. Binance (CFX/USDT).
3. Gate.io.

👉 Trade CFX with low fees

FAQs

Q: Is Conflux a good investment?
A: It depends on market trends, adoption rates, and your risk tolerance. Research the project’s tech and team.

Q: How does Conflux differ from Ethereum?
A: Conflux offers higher TPS (throughput) and lower fees while maintaining EVM compatibility.

Q: Can I stake CFX?
A: Yes! Staking rewards vary by platform (e.g., OKX offers annualized yields).

Final Thoughts

Conflux merges academic innovation with practical Web3 solutions. Its hybrid model and regulatory-friendly approach position it uniquely in the blockchain ecosystem.