$CFX

Conflux ($CFX) is a public layer-1 blockchain designed to address the challenges of scalability, security, and decentralization. Its primary goal is to provide a robust infrastructure for decentralized applications (dApps), e-commerce, and Web 3.0.

Here are Conflux's key features:

* Unique Tree-Graph Structure: Unlike traditional blockchains, Conflux utilizes a Tree-Graph structure that allows for the parallel processing of blocks and transactions. This significantly boosts the network's speed and throughput, enabling it to achieve up to 6,000 transactions per second (TPS), which is a substantial improvement over networks like Bitcoin and Ethereum.

* Hybrid Consensus Mechanism: The network combines elements of Proof-of-Work (PoW) for security and Proof-of-Stake (PoS) for efficiency. This hybrid approach ensures a high level of security and protection against attacks.

* EVM Compatibility: Conflux is fully compatible with the Ethereum Virtual Machine (EVM). This makes it easy for developers to migrate their existing Ethereum-based applications to Conflux, taking advantage of its higher speed and lower transaction fees.

* The CFX Token: CFX is the native token of the Conflux network, used for:

* Paying transaction fees.

* Staking to earn rewards and participate in network governance.

* Paying for data storage.

* Unique Market Position: Founded in China, Conflux has the unique advantage of being the only public blockchain that is regulatory-compliant in the country. This positions it well for building projects and expanding its reach in the Asian market.