About Conflux

Conflux is a Layer 1 blockchain designed to facilitate seamless interactions across decentralized economies, transcending geographical and protocol boundaries. Recently transitioning to a hybrid consensus model that combines Proof of Work (PoW) and Proof of Stake (PoS), Conflux offers a robust environment characterized by high transaction speeds, low fees, and enhanced security. As the only public blockchain in China that adheres to regulatory standards, Conflux positions itself as a strategic partner for projects aiming to penetrate the Asian market. The network has established collaborations with notable entities, including government bodies and multinational corporations, to advance blockchain and metaverse initiatives. The Conflux (CFX) token serves as the native cryptocurrency of the Conflux Network, functioning as a scarce asset with a hard cap. It is utilized for transaction fees, network security through staking, and governance participation. Each CFX token is divisible into 10^18 units known as Drip, and transaction processes on Conflux mirror those of Ethereum, with users specifying gas limits and prices in CFX. The token can be acquired on various prominent exchanges and staked in community-operated pools, allowing users to earn interest while contributing to the network's stability and governance.