$CFX

Conflux Network's Consensus Algorithm

Conflux Network's consensus algorithm utilizes a unique directed acyclic graph (DAG) structure, known as a tree graph. This allows for:

1. *Parallel Processing*: Transactions across concurrent blocks can be merged and processed simultaneously.

2. *Improved Scalability*: Unlike single-chain structures, Conflux's tree graph enables more efficient transaction processing.

CFX Token

CFX is the native token of Conflux Network, serving multiple purposes:

1. *Network Consensus*: CFX facilitates consensus among nodes.

2. *Ecosystem Incentives*: CFX rewards participants for contributing to the ecosystem.

3. *Network Governance*: CFX holders can participate in governance decisions.

4. *Staking*: CFX can be staked to support network security and stability.

Conflux Network's innovative approach aims to enhance scalability, security, and usability in blockchain applications.