What Is Conflux (CFX)?
Conflux (CFX) is a public Layer-1 blockchain designed to power decentralized applications (dApps), e-commerce, and Web 3.0 infrastructure. It offers enhanced scalability, decentralization, and security compared to existing protocols.
Key features of Conflux include:
- Efficient asset transfers with minimal network congestion and low transaction fees.
- A hybrid Tree-Graph consensus mechanism combining Proof-of-Work (PoW) and Proof-of-Stake (PoS).
- EVM compatibility, supporting Solidity-based smart contracts like Ethereum.
The platform’s native token, CFX, incentivizes user participation through:
- Paying transaction fees.
- Network governance.
- Rewarding miners and stakers for securing the blockchain.
👉 Discover how CFX compares to other Layer-1 tokens
Founders of Conflux
(Section expanded with research-backed details)
Conflux was co-founded by Dr. Fan Long, a computer science professor at the University of Toronto, and a team of blockchain experts. Their academic rigor and technical innovation positioned Conflux as a leader in scalable blockchain solutions.
What Makes Conflux (CFX) Unique?
- Hybrid Consensus Model: Balances security (PoW) and energy efficiency (PoS).
- High Throughput: Processes 3,000+ TPS, outperforming Ethereum’s base layer.
- Regulatory Compliance: Collaborates with governments and enterprises in China for compliant blockchain adoption.
👉 Explore CFX’s use cases in DeFi and beyond
CFX Tokenomics: Supply and Distribution
- Circulating Supply: [Latest data from CoinMarketCap].
- Total Supply: Fixed at 5 billion CFX.
- Use Cases: Staking, governance, and gas fees.
How Is Conflux Secured?
- Tree-Graph Architecture: Reduces orphan blocks and improves finality.
- Decentralized Validators: Over 1,000 nodes globally.
Where to Buy CFX?
Top exchanges supporting CFX:
- OKX (Trade CFX here)
- Binance
- Huobi
FAQs
Is CFX a good investment?
CFX’s value depends on adoption of the Conflux network. Its partnerships in Asia and scalable tech make it a promising contender.
How do I stake CFX?
Use Conflux’s official wallet or supported exchanges like OKX to earn staking rewards.
What’s the future of Conflux?
Focus includes expanding DeFi ecosystems and enterprise integrations.
Disclaimer: This content is for informational purposes only. Always conduct independent research before investing.
### SEO & Markdown Optimization