Introduction to CFX Coin
CFX is the native cryptocurrency of Conflux Network, with a circulating supply of 685,841,352 tokens. Conflux represents an innovative blockchain platform designed as a next-generation, high-performance public chain. It stands out as the first and only public chain that achieves high throughput (TPS) without compromising decentralization or security.
Key Technological Advantages
- High Throughput: 3,000+ TPS (vs. Ethereum's 20 TPS) - 150x faster processing
- Scalability Solution: Overcomes blockchain's "impossible trilemma" (decentralization/security/scalability)
- Ecosystem Incentives: 2.4B+ CFX allocated for developer tools and DApp support
Recent Market Developments
CFX gained significant attention following its landmark partnership with China Telecom, marking one of the largest traditional industry collaborations in the cryptocurrency space.
Price Performance Insights
- 2021 bull run: 10x price increase (from <$0.15 to >$1.50)
- Current trading status: Available on major exchanges with best liquidity on OKX
Technical Comparison Table
| Blockchain Metric | Bitcoin | Ethereum | Conflux |
|---|---|---|---|
| Transactions/sec | 7 | 20 | 3,000+ |
| Security Model | POW | POS | Hybrid |
| Scalability Focus | Limited | Moderate | High |
Why CFX Stands Out
Conflux's algorithm optimizations enable:
- Faster transaction finality
- Lower gas fees
- Enterprise-grade throughput
- Robust smart contract capabilities
👉 Where to trade CFX with best liquidity
Frequently Asked Questions
Q: Is CFX a good investment?
A: As with any cryptocurrency, CFX carries volatility risks. Its strong technical fundamentals and real-world partnerships make it an interesting project in the blockchain ecosystem.
Q: How does Conflux achieve high TPS?
A: Through Tree-Graph consensus mechanism that processes concurrent blocks differently than linear blockchain models.
Q: Where can I store CFX tokens?
A: CFX is supported by most multi-chain wallets including Conflux Portal, OKX Wallet, and Trust Wallet.
Q: What makes CFX different from other Chinese projects?
A: Its academic origins (Tsinghua University team) and enterprise partnerships distinguish it from typical blockchain startups.
Q: Can I stake CFX?
A: Yes, Conflux network supports staking through its PoS mechanism with variable APY based on network conditions.
Q: What's the long-term vision for Conflux?
A: To become the foundational blockchain infrastructure bridging Chinese and global Web3 ecosystems.
Market Analysis
The project demonstrates strong fundamentals with:
- Active developer community
- Growing list of enterprise partners
- Regular protocol upgrades
- Diverse DeFi and NFT ecosystem