$CFX is a public Layer 1 blockchain that aims to solve the problems of scalability, security, and decentralization. Unlike traditional linear chains, it uses an innovative consensus algorithm called "Tree-Graph" that allows for the parallel processing of transactions, achieving high performance.

Its native token, CFX, is the engine of the ecosystem. It is used to pay transaction fees, reward miners and stakers who secure the network, and to participate in governance. Conflux is also compatible with the Ethereum Virtual Machine (EVM), facilitating the migration of decentralized applications (dApps) from Ethereum.