🌐 Conflux (CFX) – The network that connects China to the crypto world 🚀
🔹 What is it?
Conflux is a super scalable layer-1 blockchain that combines Proof-of-Work and Proof-of-Stake. The difference lies in the Tree-Graph mechanism, which allows processing thousands of transactions per second with very low fees.
🔹 Utility of the CFX token
Payment of network fees
Staking for rewards
Governance via DAO
Partial burn in transactions (inflation control)
🔹 Why is it on the radar?
The only regulated public blockchain in China 🇨🇳
Partnerships with China Telecom and Xiaohongshu (Little Red Book)
Subsidies from the Shanghai government (US$ 5 million)
Growing ecosystem: Fluent Wallet, ConfluxHub, Swappi DEX
🔹 Current Price: $0.171 (03/09/2025)
🔹 Short-term Target: $0.20–0.25 (if it maintains support and volume)
⚠️ Remember: the market moves in waves 🌊
CFX has long-term potential, but discipline and risk management are essential!
