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Bitcoin compare to cfx

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Comparing Bitcoin (BTC) to Conflux (CFX) involves examining their technology, purpose, consensus mechanisms, performance, and use cases. Here's a breakdown:

🔷 1. Overview

Feature Bitcoin (BTC) Conflux (CFX)

Launch 2009 2020

Purpose Digital store of value / currency Scalable smart contract platform (Web3)

Creator Satoshi Nakamoto Conflux Foundation (Dr. Andrew Yao’s team)

Token Use Currency, store of value Transaction fees, staking, governance

🔷 2. Consensus Mechanism

Feature Bitcoin (BTC) Conflux (CFX)

Type Proof of Work (PoW) Tree-Graph + Proof of Work (modified PoW)

Mining SHA-256 Octopus (custom PoW)

Unique Feature Simple chain DAG-based Tree-Graph to process parallel transactions