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Conflux CFX |
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$0.0788784 |
-1.32% (24h) |
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Marketcap |
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$404,700,400 |
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Volume 24h |
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$25,017,337 |
Description
Conflux Network (CFX) is a scalable and secure public blockchain that aims to solve the trilemma of decentralization, security, and scalability.
Launched in 2020, Conflux uses a novel consensus mechanism called Tree-Graph, which allows for parallel processing of transactions and smart contracts.
CFX, the platform's native token, is used for transaction fees, staking, and governance.
Conflux Network is particularly focused on providing blockchain solutions for enterprise applications, with an emphasis on compliance and regulatory-friendly environments.