Name : Conflux (CFX)

CFX Price : $0.221 -3.99%

Consensus Mechanism : Tree-Graph Consensus Algorithm

Volume: 43,693,083

Market Cap: 871,513,456

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Last Screening: Q3 2023

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Overview

Conflux is a pioneering blockchain network that leverages its innovative Tree-Graph consensus algorithm for parallel processing of blocks and transactions, ensuring rapid confirmation times and high throughput. It combines the security of a tested Proof-of-Work consensus with seamless asset transfers across protocols and exceptional scalability. Conflux's focus on building a borderless ecosystem extends globally, providing a foundation for DeFi innovation and dApps requiring speed at scale. With a dynamic grant program, ambassador initiatives, and educational outreach, Conflux aims to empower developers and enthusiasts worldwide.

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