$CFX

What is Conflux (CFX)?

Conflux is a public layer one blockchain network, founded in China in 2018, to address the scalability issue of traditional blockchains. It relies on an innovative technology called **Tree-Graph**, which enables parallel processing of blocks, increasing transaction speed and reducing cost. It also uses a hybrid consensus mechanism that combines Proof of Work (PoW) and Proof of Stake (PoS) to achieve high security with energy efficiency.

*Conflux (CFX)* is a promising project that combines technical innovation (such as Tree-Graph) with compliance to industry standards (EVM), giving it a unique position in the blockchain market. Despite the challenges of market volatility, its recent performance and growth prospects show attractive potential for investors following web 3.0 technology. Thorough research is recommended before investing, along with keeping up with network updates and the activity of decentralized applications on it.