What Is Conflux

Definition of Conflux

Conflux is a high-performance, layer-1 blockchain platform designed to support decentralized applications with enhanced scalability and security. Conflux emerged in 2018, founded by a team of computer scientists from Tsinghua University, including Fan Long and Andrew Yao. The project aims to address blockchain trilemma issues—balancing speed, security, and decentralization. At its core, Conflux uses a unique Tree-Graph consensus to process transactions faster than traditional blockchains. Its ecosystem includes tools for dApps, DeFi, and Web3, fostering a growing network of developers and users.

How Does Conflux Work

Operational Mechanisms

Conflux operates on a Tree-Graph ledger structure, allowing parallel block processing unlike linear chains.

Consensus and Technical Principles

It combines Proof-of-Work for security with elements of Proof-of-Stake for efficiency. Smart contracts are EVM-compatible, written in Solidity. Transactions use public keys for addresses and private keys for signing, ensuring secure, verifiable transfers without intermediaries.

How Is New Conflux Created

Issuance and Mining

New CFX tokens are created through mining, where miners solve computational puzzles using Proof-of-Work.

Supply and Rewards

Conflux has no fixed total supply cap, following an inflationary model with rewards decreasing over time. Miners earn CFX for validating blocks, and staking allows users to participate in governance while earning yields. This encourages network security and participation.

The Use Cases of Conflux

Payments and Transfers

CFX enables fast, low-cost cross-border payments, bypassing traditional banking delays.

DeFi and Beyond

It supports DeFi apps for lending, borrowing, and trading. Smart contracts power NFTs, governance voting, and dApp development. Users store value in CFX amid crypto market growth.

Buy, Send, or Store Conflux

Purchasing Channels

Buy CFX on WEEX Exchange, a trusted platform for crypto trading. Register to earn a free 20 USDT bonus, making it easy to start. https://www.weex.com/how-to-buy

Storage and Operations

Use hot wallets for quick access or cold wallets for security. To send, enter the recipient's address via a wallet app. Always enable two-factor authentication to protect against risks.

Pros & Cons / Risks

Advantages

- High scalability with fast transaction speeds. - Strong decentralization and security via hybrid consensus. - Low fees, ideal for everyday use.

Risks

- Price volatility common in crypto markets. - Regulatory changes could impact adoption. - Technical vulnerabilities, like smart contract bugs, pose threats.

Comparison

Vs. Major Alternatives

Unlike Bitcoin's focus on value storage with slower speeds, Conflux offers Ethereum-like smart contracts but with better scalability through Tree-Graph. It positions itself as a faster, more efficient alternative for dApps, reducing congestion issues seen in Ethereum.

Conclusion / Next Steps

Conflux shows promise for scalable Web3 adoption, with potential growth in DeFi and global payments. Explore its whitepaper or roadmap for deeper insights. Join the community to stay updated—check it out for future developments.

Market & Ecosystem

Market Cap & Trading Volume

As of 2025-09-04, Conflux has a market cap of $864,416,626 USD and 24-hour trading volume of $48,362,507 USD.

Exchanges Where It’s Listed

Available on platforms like WEEX Exchange for secure trading.

Community Size & Activity

Active on Twitter, Reddit, and Telegram, with thousands engaging in discussions and updates.

Ecosystem Growth

Growing through partnerships and high developer activity, expanding dApps and integrations.