$CFX Conflux (CFX): The Chinese Blockchain That Breaks Barriers
CFX is the native token of Conflux Network, the only regulated public blockchain in China that combines Proof-of-Work (PoW) and Proof-of-Stake (PoS) to achieve high scalability (~3000 TPS) without sacrificing decentralization. Its Tree-Graph technology optimizes consensus, reducing energy costs.
🔹 Key Uses:
- Payment of gas fees: To execute smart contracts.
- Governance: Vote on network decisions.
- Staking: Generate passive rewards.
🌏 Strategic Advantage:
Being allied with the Chinese government, Conflux promotes real use cases (CBDCs, institutional DeFi).