#BTCReserveStrategy In the crypto universe, where hundreds of tokens emerge each year, few truly stand out for their solid technology, scalability, and focus on real adoption. CFX, the native coin of the Conflux Network, is one of those exceptions.
But what makes CFX special? Why are investors and developers starting to pay more attention to this emerging blockchain?
🌉 What is the Conflux Network?
The Conflux Network is a high-performance blockchain that stands out for being the only regulated public blockchain in China — which, in itself, positions it uniquely in the global market.
Its goal is to combine decentralization, scalability, and regulatory compliance, enabling the creation of Web3 applications with security and performance. The network utilizes a hybrid architecture of Proof of Work (PoW) with Tree-Graph, allowing for parallel transaction processing, significantly increasing the speed and capacity of the network.
💰 The role of the CFX coin
CFX is the native coin of the Conflux Network and serves multiple essential functions:
Payment of transaction fees (gas);
Incentive for miners and validators;
Participation in staking and governance;
Interaction with DApps and smart contracts;
Transactions between users within the Conflux ecosystem.
Additionally, CFX has been used in institutional partnerships, DeFi projects, NFTs, and cross-chain bridges — showcasing its versatility and potential for adoption.