What Is Conflux (CFX)?
Conflux (CFX) is a public layer-1 blockchain designed to support decentralized applications (dApps), e-commerce, and Web 3.0 infrastructure. It prioritizes scalability, decentralization, and security, addressing limitations of existing protocols.
Key features of Conflux include:
- Efficient asset transfers with low transaction costs and no network congestion.
- Tree-Graph consensus mechanism, blending Proof-of-Work (PoW) and Proof-of-Stake (PoS).
- EVM compatibility, supporting Solidity-based smart contracts (like Ethereum).
The native token, CFX, powers the ecosystem by:
- Covering transaction fees.
- Enabling governance participation.
- Rewarding miners and stakers.
Founders of Conflux
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Conflux was founded by a team of academics and blockchain experts, including:
- Dr. Fan Long (MIT PhD, computer science).
- Dr. Yuanjie Zhang (Tsinghua University researcher).
The project emerged from Tsinghua University’s blockchain research initiative, blending academic rigor with practical blockchain solutions.
Unique Aspects of Conflux (CFX)
- Hybrid Consensus Model:
Combines PoW’s security with PoS’s energy efficiency via Tree-Graph technology. - High Throughput:
Processes 3,000+ transactions per second (TPS), outperforming Ethereum’s base layer. - Regulatory Compliance:
Works with Chinese regulators, distinguishing it from many decentralized networks. - Cross-Chain Interoperability:
Supports bridges to Ethereum, Binance Smart Chain, and other major blockchains.
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CFX Supply and Economics
- Total Supply: 5.3 billion CFX.
- Circulating Supply: ~3.8 billion (as of 2025).
- Inflation Control: Dynamic staking rewards adjust based on network participation.
Security Mechanisms
Conflux secures its network through:
- Tree-Graph’s parallel processing, reducing bottlenecks.
- Audited smart contracts by third-party firms.
- Decentralized validator nodes resistant to 51% attacks.
Where to Buy CFX
CFX is available on top exchanges like:
- OKX (supports staking).
- Binance (high liquidity).
- Gate.io (low trading fees).
FAQs
1. Is Conflux better than Ethereum?
While Ethereum dominates dApp development, Conflux offers higher scalability and lower fees—ideal for enterprise use cases.
2. How do I stake CFX?
Use OKX or Conflux’s native wallet to delegate tokens and earn ~6% APY.
3. Is Conflux legal in China?
Yes, it collaborates with Chinese authorities, unlike many decentralized networks.
4. What’s Conflux’s roadmap for 2025?
Focus includes DeFi expansion and cross-chain NFT interoperability.
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