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Conflux

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.
What is Conflux?
Conflux is a public Layer 1 blockchain designed to facilitate decentralized applications (dApps), e-commerce, and Web 3.0 infrastructure. It aims to provide a scalable, secure, and decentralized platform for various applications, including decentralized finance and gaming.
How Does Conflux Work?
Conflux employs a hybrid consensus mechanism that combines Proof of Work (PoW) and Proof of Stake (PoS). This approach utilizes a Tree-Graph ledger structure and the GHAST algorithm, enabling high transaction throughput of up to 3,000 transactions per second (TPS) with confirmation latency within one minute. The network comprises two distinct spaces: Core Space, which utilizes the hybrid consensus mechanism and features a contract sponsorship mechanism, and eSpace, which is fully compatible with the Ethereum Virtual Machine (EVM), allowing for easy migration of Ethereum smart contracts.
What Makes Conflux Unique?
Conflux stands out due to its high throughput, achieving up to 3,000 TPS, and its unique Tree-Graph consensus mechanism that allows for parallel processing of transactions. Additionally, it is the only regulatory-compliant public blockchain in China, providing a unique advantage for projects aiming to expand into the Asian market. Conflux has collaborated with global brands and government entities on blockchain and metaverse initiatives, including the city of Shanghai, McDonald's China, and Oreos.
Who Are the Founders of Conflux?
Conflux was founded in 2018 as a result of research on the Tree-Graph consensus algorithm developed by Professor Andrew Yao's research lab. The Tree-Graph Research Institute, established in 2020, was founded by Fan Long, YuanJie Zhang, and Ming Wu. The institute focuses on the development of the infrastructure of the Conflux public blockchain.

Latest News

What Key Events Have There Been for Conflux?
Conflux has achieved several significant milestones, including the launch of its mainnet, Tethys, in October 2020, and being recognized as a regulatory-compliant public blockchain in China. The project has also formed partnerships with major entities such as China Telecom to develop blockchain-enabled SIM cards and collaborated with the Shanghai government on blockchain initiatives.
Project Announcements
Conflux has announced plans for the Conflux 3.0 mainnet upgrade, scheduled for August 2025, aiming to increase the network's throughput to 15,000 transactions per second (TPS).

Upcoming Events

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Projects Announcements

Where to Buy Conflux?
Conflux (CFX) tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Conflux is OKX, where the most active trading pair CFX/USDT has a significant trading volume.
Conflux Price
Daily Trading Volume
$123,771,784
All-Time High
$1.70 on March 27, 2021
All-Time Low
$0.02200 on December 30, 2022
Market Cap and Valuation
Market Cap
$911,966,524
Fully Diluted Valuation
$911,966,524
Conflux Price Prediction
While specific price predictions are speculative, factors influencing Conflux's price include its unique position as a regulatory-compliant blockchain in China, strategic partnerships, and ongoing technological advancements. However, there are currently no available forecasts from reliable experts or publications.

FAQ

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.

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