Conflux (CFX) is the native cryptocurrency of the Conflux Network, a high-performance Layer-1 blockchain designed to achieve scalability, decentralization, and security without compromising on performance. Originating from China, Conflux uses a unique Tree-Graph consensus mechanism, which combines elements of Proof of Work (PoW) with Directed Acyclic Graph (DAG) structure, enabling high throughput and low fees. It supports smart contracts, NFTs, and cross-chain interoperability. CFX is used for transaction fees, staking, governance, and rewarding network participants. Backed by academic research and regulatory support in China, Conflux aims to bridge the gap between Eastern and Western blockchain ecosystems.
