Conflux (CFX) Explained: A High-Performance Layer 1 Blockchain

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Conflux is a permissionless Layer 1 blockchain designed to support decentralized economies across borders with high scalability, low transaction fees, and robust cross-chain compatibility. As the only compliant public blockchain in China, Conflux offers a unique strategic advantage for projects aiming to expand into Asian markets. Its innovative Tree-Graph consensus algorithm enables parallel processing of blocks and transactions, achieving impressive throughput levels of 3,000 to 6,000 transactions per second (TPS). This makes Conflux an attractive platform for developers building decentralized applications (dApps) that require speed, security, and global accessibility.

What Is CFX Coin?

CFX is the native utility token of the Conflux Network, launched in 2018 by renowned Chinese computer scientist Dr. Andrew Chi-Chih Yao. With a maximum total supply of 5,278,164,274 CFX, the token plays a central role in powering the ecosystem. CFX serves multiple critical functions within the network:

This multi-functional design ensures long-term utility and demand for CFX across various use cases.

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Core Features of Conflux (CFX)

Scalability Through Innovation

Unlike traditional blockchains that process blocks sequentially, Conflux uses its proprietary Tree-Graph consensus mechanism to confirm multiple blocks simultaneously. This parallel processing capability eliminates bottlenecks and significantly increases transaction throughput—reaching over 3,000 TPS—while maintaining low confirmation times. As a result, dApps on Conflux deliver user experiences comparable to centralized systems.

Cross-Chain Interoperability

Conflux supports seamless asset transfers through ShuttleFlow, a lightweight cross-chain bridge. ShuttleFlow connects Conflux with major ecosystems like Ethereum and Binance Smart Chain, enabling developers and users to move assets freely across networks without relying on third-party intermediaries.

Security and Decentralization

Built on a battle-tested Proof-of-Work (PoW) consensus model, Conflux ensures strong resistance against common protocol-level attacks such as double-spending and 51% attacks. The network prioritizes decentralization, ensuring no single entity controls validation power. Its consensus algorithm is specifically engineered to balance scalability, security, and decentralization—a solution often referred to as the "blockchain trilemma."

Tree-Graph Architecture

The core innovation behind Conflux’s performance lies in its DAG-based Tree-Graph structure. While most blockchains follow a linear chain of blocks, Conflux allows multiple valid chains to grow in parallel. These chains are then ordered using a topological sorting method, ensuring finality without sacrificing speed or security.

Key Advantages of the Conflux Network

High Throughput & Low Latency

Thanks to its Tree-Graph consensus, Conflux achieves high transaction throughput while keeping confirmation times short—critical for real-time applications like DeFi trading, gaming, and NFT minting.

Integrated Staking with Real Yields

Users can earn passive income by staking CFX, with rewards generated through new token issuance at an approximate 4% annual percentage rate (APR). This integrated staking model encourages long-term holding and active participation in network security.

Low-Cost Transactions

Conflux implements a unique fee sponsorship mechanism, allowing users with zero wallet balances to still interact with the blockchain. Third parties—such as dApp developers or project teams—can sponsor gas fees for end users, lowering entry barriers and improving user adoption.

Transparent and Community-Driven

As an open-source protocol, Conflux promotes transparency in governance and development. Community members actively contribute to decision-making processes, ensuring the network evolves in a decentralized and inclusive manner.

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Tokenomics of CFX

Key Metrics

CFX Allocation Breakdown

The total supply is distributed strategically to ensure sustainable growth:

This structured release schedule prevents market flooding and aligns incentives across stakeholders.

Use Cases of CFX Coin

CFX is more than just a speculative asset—it powers real functionality across the ecosystem:

These diverse applications strengthen CFX’s value proposition beyond mere price speculation.

Conflux Ecosystem Overview

The Conflux ecosystem is rapidly expanding with innovative dApps and developer tools:

Notable dApps

Developer Tools & Infrastructure

These tools lower development barriers and accelerate innovation within the ecosystem.

Roadmap Highlights

2018

2019

2020

Team, Investors & Partnerships

Founding Team

Advisory Board

Includes experts such as Andreas Veneris and Andreas Park, bringing deep technical and economic insights.

Major Investors

Backed by leading firms including:

These partnerships underscore strong institutional confidence in Conflux’s vision.

Where to Buy CFX?

CFX is listed on over 30 major exchanges worldwide, including Binance, MEXC, Gate.io, and CoinEx. While it cannot be directly purchased with fiat currencies like VND, investors can easily acquire CFX by:

  1. Buying USDT using local currency on a trusted exchange.
  2. Transferring USDT to a supported exchange that lists CFX/USDT trading pairs.
  3. Placing a buy order for CFX.

Always conduct due diligence before trading and choose platforms with strong security records.

How to Store CFX Safely?

Secure storage options include:

For active traders, keeping funds on reputable exchanges is acceptable—but long-term holders should prioritize self-custody solutions.

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Frequently Asked Questions (FAQ)

Q: Is Conflux a Chinese government project?
A: No. While Conflux operates legally within China’s regulatory framework and has government-backed support in Hangzhou, it remains a decentralized, community-driven blockchain independent of direct state control.

Q: Can I stake CFX tokens?
A: Yes. CFX holders can participate in staking through platforms like Nucleon to earn approximately 4% APR while supporting network security.

Q: How does Conflux achieve high TPS without sacrificing security?
A: By using the Tree-Graph consensus algorithm, which enables parallel block processing while maintaining PoW-level security—balancing speed, safety, and decentralization effectively.

Q: Is CFX inflationary?
A: Yes. New CFX tokens are issued as staking and mining rewards, creating mild inflation designed to incentivize participation and secure the network.

Q: Does Conflux support Ethereum smart contracts?
A: Yes. Through Conflux eSpace (Triffle), developers can deploy Ethereum-compatible dApps seamlessly using familiar tools like MetaMask and Solidity.

Q: What makes Conflux different from other Layer 1 blockchains?
A: Its unique position as a compliant public blockchain in China, combined with high throughput via Tree-Graph consensus and strong institutional backing, sets it apart from competitors like Ethereum or Solana.