$CFX

Conflux (CFX) is the native cryptocurrency of the Conflux Network, a public, Layer-1 blockchain designed to enhance scalability, decentralization, and security. Utilizing a unique Tree-Graph consensus mechanism that combines Proof-of-Work (PoW) and Proof-of-Stake (PoS), Conflux allows for the parallel processing of blocks, leading to high transaction speeds and low fees. The CFX token is used for paying transaction fees, staking to secure the network, and participating in governance decisions. Known for its regulatory compliance in China, Conflux is a key player in bridging the gap between decentralized and traditional economies.

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