$CFX CFX Token Overview*

CFX is the native cryptocurrency of **Conflux Network a high-performance, regulatory-compliant Layer 1 blockchain focused on scalability and cross-chain interoperability. Below is a detailed breakdown:

Core Features & Technology**

1. **Hybrid Consensus Mechanism**:

- Combines **Proof-of-Work (PoW)** for security and **Proof-of-Stake (PoS)** for finality, enabling ~3,000 transactions per second (TPS) with low fees and zero congestion .

- **Tree-Graph Algorithm**: Processes blocks in parallel (unlike linear chains like Bitcoin), boosting throughput and reducing confirmation times .

2. **EVM Compatibility**:

- Supports Ethereum Virtual Machine (EVM), allowing seamless migration of Ethereum-based dApps and smart contracts .

3. **Cross-Chain Interoperability**:

- **ShuttleFlow Protocol**: Facilitates lightning-fast asset transfers between Conflux and other blockchains (e.g., Ethereum, BSC) .

4. **Regulatory Compliance**:

- The only Chinese government-approved public blockchain, with partnerships including Shanghai Municipality, McDonald's China, and Oreo .