$BNB
$CFX is the native cryptocurrency of Conflux Network, a high-performance, layer-1 blockchain that aims to solve the blockchain trilemma: decentralization, scalability, and security.
š¹ Key Features:
Hybrid Consensus: Combines Proof-of-Work (PoW) and Tree-Graph technology to achieve high throughput (thousands of TPS).
Low Fees: Efficient network with low transaction costs.
Regulatory Friendly: Only regulatory-compliant public blockchain in China, supported by Chinese institutions.
Cross-chain Support: Works with Ethereum, BNB Chain, and others via Conflux eSpace (EVM-compatible).
šø Use Cases:
Gas fees on Conflux
Staking and governance
Payment for NFTs and DeFi applications