$CFX Conflux ($CFX) is a public, permissionless blockchain that aims to bridge the gap between decentralization, scalability, and security. Originating in China, it’s notable for being the only regulatory-compliant public blockchain in the country. Conflux uses a unique Tree-Graph consensus algorithm, which combines proof-of-work with directed acyclic graph (DAG) elements to enhance transaction throughput without sacrificing decentralization. It supports smart contracts and is Ethereum Virtual Machine (EVM)-compatible, allowing seamless migration of DApps. With low fees and high performance, $CFX facilitates decentralized finance (DeFi), NFTs, and Web3 development. It positions itself as a gateway for projects entering the Asian blockchain ecosystem.
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