Spot & Margin Trading

Conflux Network (CFX)

Published on 2023-08-07 11:36

1. Project Introduction

Conflux Network is a fully EVM-compatible smart contract platform that features a Turing-complete state machine built on top of a high-throughput consensus protocol.

Conflux reaches an agreement on a transaction validator based on the total order of blocks organized in a Tree-Graph, a novel consensus mechanism that scales benefits relative to existing blockchains. After Hydra Hardfork, Conflux Network introduced a Proof-of-Stake (PoS) sidechain to complement its Proof-of-Work (PoW) chain, making the entire network more secure.

Conflux has a native token called CFX that serves as the reward for network miners and as a means for paying transaction fees. Along with the blooming of Conflux’s ecosystem, CFX appears to have more use cases in the decentralized worlds.

 

2. Token Info

  • Token Name: Conflux Network
  • Token Symbol: CFX
  • Total Supply: 1,825,017,304 CFX
  • Token Type: Mainnet

 

3. Useful Links 

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