$CFX *CFX* is the native token of *Conflux Network*, a *Layer 1 blockchain* designed to be *scalable, secure, and regulatory-compliant* โ€” especially in *China*.

๐Ÿ”น Key Highlights:

1. *Origin*:

- Developed by Turing Award winner Dr. Andrew Yaoโ€™s team

- Positioned as the *only public blockchain compliant with Chinese regulations*

2. *Consensus*:

- Uses a unique *Tree-Graph* consensus (hybrid of PoW + DAG)

- Enables high throughput and low fees

3. *Use Cases*:

- Cross-border payments

- NFTs (especially in Asia)

- DeFi, GameFi, and enterprise adoption in China

4. *CFX Utility*:

- Transaction/gas fees

- Staking

- Governance

5. *Recent Buzz*:

- Partnerships with *XCMG*, *China Telecom* (for blockchain SIM cards)

- Integration with Web3 projects in Asia-Pacific