#cfx
Tree Structure:
Instead of a linear chain of blocks, Conflux uses a "tree" structure that allows for parallel transactions.
Hybrid Consensus Algorithm:
Combines proof-of-work and proof-of-stake mechanisms, enhancing security and efficiency.
Governance by Operation:
Uses CFX tokens to operate the network, giving holders the ability to participate in decision-making.
Focus on Scalability:
Conflux aims to overcome the network congestion issues faced by many other blockchains.
In simple terms, Conflux is an attempt to create a faster and more efficient blockchain network through a unique architecture and innovative algorithms, making it a somewhat peculiar digital currency in the world of cryptocurrencies.