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Conflux

CFX

  • Layer1
  • Infra
Established Year
2018
Headquarter
Chinese Mainland, Hong Kong
Operating Status
Active
Conflux is a high-throughput, first-layer consensus blockchain designed for dApps that require speed at scale without sacrificing decentralization. Its Tree-Graph structure can confirm multiple blocks concurrently, leading to lower confirmation times and increased transaction throughput. As a regulatory-compliant, public, and permissionless blockchain in China, Conflux is building a borderless transactional and technological ecosystem for globally-minded crypto projects, extending beyond China to North America, Russia, Latin America, Europe, Africa, and the rest of the world.

Organisation

Financial Portfolio

Funding

N/A
1 Investors
N/A

Investment

BlockBooster
BlockBooster
Seed
$1.5 M
0G
0G
Pre-Seed
$35 M
SHUI
SHUI
Seed
N/A
Mirror Staking Protocol
Mirror Staking Protocol
Seed
N/A
BuidlerDAO
BuidlerDAO
Angel
$2 M
Galaxy Blitz
Galaxy Blitz
N/A
$10 M
SeeDAO
SeeDAO
Seed
$1.6 M
DeCus
DeCus
Seed
N/A
ArtGee
ArtGee
Angel
N/A

Recent News

Frequently Asked Questions

What Is Conflux (CFX)?

Conflux (CFX) is a public [layer-1](https://coinmarketcap.com/alexandria/glossary/layer-1-blockchain) blockchain that was made to power decentralized applications ([dApps](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps)), e-commerce, and [Web 3.0](https://coinmarketcap.com/alexandria/glossary/web-3-0) infrastructure by being more scalable, decentralized, and secure than existing protocols. Conflux makes it easier to transfer valuable assets by making the process quick, effective, free of network congestion, and with low transaction costs. The platform is based on the Tree-Graph consensus mechanism, and it combines Proof-of-Work ([PoW](https://coinmarketcap.com/alexandria/glossary/proof-of-work-pow)) and Proof-of-Stake ([PoS](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos)) algorithms to achieve consensus. The protocol uses Turing-complete [smart contracts](https://coinmarketcap.com/alexandria/glossary/smart-contract) written in Solidity, just like those on [Ethereum](https://www.coinlive.com/coin/ethereum), and is compatible with the [EVM](https://coinmarketcap.com/alexandria/glossary/ethereum-virtual-machine-evm) (Ethereum Virtual Machine). Conflux's growth is fueled by [CFX](https://www.coinlive.com/coin/conflux-network), the platform's native token, which gives users financial incentives to participate and engage more. The token is used to pay transaction fees, govern the network, and is given as compensation to miners who help secure the network via staking.