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CFX Crypto Price

Conflux
$
0.1766
-0.0210(-10.628%)

CFX Crypto Price Chart

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    Key Stats

    24H High
    0.2149
    24H Low
    0.1662
    24H Volume
    272.61M
    24H Volatility
    29.30%
    All Time High
    1.85
    All Time Low
    0.0215
    Correlation with BTC
    0.53
    Return On Investment
    -86.21%
    What is Conflux?

    Conflux (CFX) is a public layer-1 blockchain that was made to power decentralized applications (dApps), e-commerce, and Web 3.0 infrastructure by being more scalable, decentralized, and secure than existing protocols.Conflux makes it easier to transfer valuable assets by making the process quick, effective, free of network congestion, and with low transaction costs. The platform is based on the Tree-Graph consensus mechanism, and it combines Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithms to achieve consensus. The protocol uses Turing-complete smart contracts written in Solidity, just like those on Ethereum, and is compatible with the EVM (Ethereum Virtual Machine).Conflux's growth is fueled by CFX, the platform's native token, which gives users financial incentives to participate and engage more. The token is used to pay transaction fees, govern the network, and is given as compensation to miners who help secure the network via staking.

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