$CFX What is Conflux Network (CFX)?**

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**Conflux Network** is a public Layer-1 (first layer) blockchain designed to address the scalability, decentralization, and security issues of existing blockchains. It was developed by scientists from Tsinghua University in China and is supported by the Shanghai municipal government, making it the **only regulated and legal public blockchain in China**.

The core technology of Conflux is its unique **Tree-Graph consensus mechanism**. This differs from traditional blockchains (such as Bitcoin and Ethereum), which process blocks linearly. The Tree-Graph structure allows the network to **process multiple blocks and transactions simultaneously**, enabling it to achieve high throughput and low transaction latency while maintaining decentralization and security.