Here's a summary of Conflux ($CFX ):
Description:
Conflux is an independent, decentralized blockchain aiming to connect Asian-based communities and ecosystems with those outside, including Western networks. It bridges various blockchains within its ecosystem, including Binance.
Technology:
Conflux utilizes a unique Tree-Graph structure and a hybrid consensus mechanism combining Proof of Work (PoW) and a Directed Acyclic Graph (DAG) to enhance scalability and process multiple blocks and transactions in parallel, aiming for high throughput.
Native Token (CFX):
The native CFX tokens are used for governance, staking, transaction fees, and participation within the Conflux ecosystem.
Market Data (as of image):
Current Price: $0.104006 (+2.63%)
Market Cap: $531.34M
24h Volume: $93.20M
EVM Compatibility:
Conflux is compatible with the Ethereum Virtual Machine (EVM) and offers interoperability across chains, making it a versatile platform for developers to integrate with Ethereum-based decentralized applications.
