What is Conflux (CFX)?

Conflux Network is a public, regulatory compliant, and permissionless blockchain in China that aims to build a borderless transactional and technological ecosystem by providing fair and open access to emerging technologies while prioritizing principles such as openness, inclusivity, and decentralization. Conflux Network was created in 2018, and some of its partners include China Telecom, Tsinghua University, University of Toronto, Binance, Huobi, OKEx, and Chainlink.

How Conflux (CFX) Works

Conflux is a public blockchain that uses a novel consensus mechanism called Tree-Graph consensus to achieve high throughput and low confirmation latency. Transactions are propagated via a directed acyclic graph (DAG) structure, and confirmation time is reduced by using a confirmation oracle. Conflux also supports smart contracts and is compatible with the Ethereum Virtual Machine (EVM). The Conflux network features a dual-token economy, with the native token, CFX, serving as gas for transaction fees, while another token, FC, is used for on-chain governance and participation in the network's staking mechanism. In addition, Conflux has implemented a unique economic model designed to incentivize participation and contribution to the network, while ensuring fair distribution of rewards.

How Many Conflux (CFX) Tokens Are in Circulation?

The total supply of CFX is 5,278,164,274 and the circulating supply is 2,090,735,404.

How to Buy Conflux (CFX)

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CFXUSDT

Conflux (CFX) Resources

Official Website

Official Whitepaper