Conflux ($CFX ) is a layer-1 blockchain designed to offer high throughput, low fees, and enhanced scalability without compromising decentralization. It uses a unique consensus mechanism called Tree-Graph, which combines Proof of Work (PoW) and a Directed Acyclic Graph (DAG) structure to process blocks in parallel. This allows Conflux to handle significantly more transactions per second compared to traditional blockchains. CFX is the native token used for transaction fees, staking, and governance within the ecosystem. Notably, Conflux is one of the only regulatory-compliant public blockchains in China, positioning it as a bridge between Asian markets and the global crypto space. Its hybrid architecture and strategic partnerships make it a promising platform for Web3, DeFi, NFTs, and enterprise-level blockchain applications.
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