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Conflux logo

CFX | Conflux

Price

$0.05

1.29%

Market Cap

$309.97M

Volume

$21.66M

COMPARE WITH

CFX ROI CALCULATOR

ROIPRICEMARKET CAPINVESTMENT

About CFX

Conflux (CFX) is a public layer-1 blockchain designed to support decentralized applications (dApps), e-commerce, and Web 3.0 infrastructure by offering improved scalability, decentralization, and security compared to other protocols. The platform facilitates efficient asset transfers with fast processing times, minimal network congestion, and low transaction costs. It utilizes the Tree-Graph consensus mechanism, which integrates both Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithms to achieve network consensus. Conflux supports Turing-complete smart contracts written in Solidity, similar to Ethereum, and is fully compatible with the Ethereum Virtual Machine (EVM). The native token, CFX, plays a key role in the ecosystem by incentivizing participation. It is used to pay transaction fees, participate in network governance, and reward miners who contribute to network security through staking. **Conflux: A Blockchain Project with Strong Academic Roots** Conflux was established in 2018, though its underlying technology has been in development since 2017. The project focuses on advancing blockchain education and research through its Tree-Graph Research Institute, headquartered in Shanghai. The team is led by founder **Fan Long**, a skilled programmer specializing in blockchain technology and cybersecurity. Long holds a Ph.D. in Computer Science from MIT, where he earned the university’s Best Dissertation Award, and he is currently an assistant professor at the University of Toronto. Conflux’s leadership also includes co-founders **YuanJie Zhang**, **Ming Wu (CTO)**, and research director **Guang Yang**. The core team consists of scientists, business professionals, researchers, and other experts. A key innovation behind Conflux is its **Tree-Graph consensus mechanism**, developed by **Professor Andrew Chi-Chih Yao**—a Turing Award winner, member of the Chinese Academy of Sciences, and head scientist of the Conflux Foundation. His contributions reinforce the project's strong academic foundation. *(Note: Links and speculative statements have been removed to maintain an evergreen, factual presentation.)* The Conflux project features a unique technical architecture designed to address key industry challenges while improving usability for both dApp developers and everyday users. A key feature of Conflux is its cross-chain protocol, ShuttleFlow, which enables interoperability with other blockchains. This bridge facilitates asset transfers between Conflux and networks such as Ethereum, Binance Smart Chain (BSC), Huobi Eco Chain, and OKEx Chain. Developers gain access to a decentralized, secure, and scalable network, along with a suite of regulatory-compliant tools. This allows them to build multi-chain dApps that are scalable, secure, and resistant to censorship, aligning with the needs of the broader crypto ecosystem. Conflux employs a Tree-Graph consensus algorithm to achieve scalability without compromising decentralization. By processing blocks and transactions in parallel, the network can handle between 300 and 6,000 transactions per second (TPS). The platform’s scalability results in lower transaction fees compared to networks like Ethereum. Additionally, its Fee Sponsorship Mechanism allows transactions to be sponsored, enabling users with insufficient balances to continue interacting with the blockchain. Conflux also includes an integrated staking system, providing users with passive rewards for staking their tokens. Staking carries lower risk than trading and offers more predictable returns. Developers can integrate staking directly into their dApps, supported by the platform’s financial framework for decentralized application development. Here’s a clearer and more concise version of your text while preserving the original meaning: **CFX is the native token of Conflux.** It serves multiple purposes, including paying transaction fees, storing value, and earning staking rewards or miner incentives. CFX holders can also participate in network governance, influencing its development and future direction. The circulating supply of CFX is **2,654,264,782 tokens**, with a total supply capped at **5,278,164,274 tokens**. The token distribution is allocated as follows: - **40%** to the ecological fund - **36%** to the core team and seed investors - **16%** to private investors and reserves - **8%** to the community fund This version removes speculative or promotional language while keeping the factual details intact. Let me know if you'd like any further refinements! Conflux combines the traditional Proof-of-Work (PoW) consensus mechanism with its advanced Tree-Graph algorithm, providing robust security at the protocol level. This approach safeguards transactions and protects against potential attacks. The network rewards miners with CFX tokens for their contributions, reinforcing the long-term reliability of the Conflux ecosystem. (Note: The revised version removes speculative or promotional language while maintaining factual accuracy. No endorsements, future price implications, or time-sensitive references are included.) Conflux (CFX) is available on multiple cryptocurrency exchanges, including Binance, KuCoin, OKX, Gate.io, Bitget, BKEX, Phemex, Indodax, MEXC, LBank, CoinEx, Tokocrypto, DigiFinex, Deepcoin, and XT.COM. For real-time price tracking and market insights, you can explore resources on decentralized finance (DeFi) and other cryptocurrency-related topics. *(Note: Links and promotional references have been removed to maintain neutrality and focus on factual information.)* Learn about **Core (CORE)**, an EVM-compatible layer-1 blockchain. Explore other prominent smart contract platforms like **Solana (SOL)** and **Cosmos (ATOM)**. **What are dApps?** Expand your understanding with our educational resources. Brush up on complex crypto terminology using our glossary. Compare **Proof-of-Work vs. Proof-of-Stake** to understand their differences. (Note: Links have been removed to maintain an evergreen format.)

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Conflux

CFX

If Conflux reaches #100 most market cap its price would be

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Stats

Price$0.05
Market Cap$309.97M
Volume$21.66M
Circulating Supply5.21B