What is Conflux (CFX)?
Conflux is a highly scalable blockchain that uses a unique consensus algorithm called Tree-Graph to achieve high throughput and low latency. Tree-Graph uses some of the best features of PoW (Proof of Work) and PoS (Proof of Stake) to ensure fast & efficient network operation.
CFX is the native cryptocurrency used by Conflux Network. It is used for paying transaction fees, staking and governance.
Conflux has a strong focus on Decentralized Finance and includes multiple DeFi applications on its platform. Conflux also offers a unique and decentralized oracle solution that ensures external data security when used by DeFi applications.
The Conflux Network platform allows for an efficient way to build and deploy applications, which is why it has a very active developer community.
Why buy Conflux (CFX)?
Conflux has several unique strengths that make it a compelling investment opportunity. Firstly, Conflux has a strong team of developers and advisors, including Turing Award winner Andrew Yao.
Conflux uses a cross-chain protocol called ShuttleFlow which allows it to transfer assets & data between other blockchains, such as Ethereum, BSC and others.
The Tree-Graph algorithm allows Conflux to process up to 6000 transactions per second, making the network highly scalable and efficient.
In addition, Conflux offers several use cases beyond DeFi, such as gaming, social networking, and supply chain management. The platform is highly customizable, allowing developers to create innovative applications that meet the needs of a wide range of industries.
Investing in Conflux (CFX) is a smart move for anyone looking to be a part of the future of blockchain technology. Buy CFX today and join the growing community of developers and users on the Conflux platform.
