$CFX Conflux Network is a scalable decentralized blockchain network designed for high throughput and fast confirmation. The consensus algorithm of Conflux Network is based on a special directed acyclic graph (DAG) structure known as a tree graph. Unlike Ethereum, which only accepts transactions on a single chain into its ledger, the tree graph can merge and process transactions across all concurrent blocks. CFX is the native functional token of Conflux Network, used for network consensus, ecosystem incentives, network governance, and staking.
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