Conflux (CFX)

Conflux (CFX)

Price
$0.085703 (-1.50 %)
฿0.00000292 (1.90 %)
Market cap
$156 426 182
฿5 334.21
Volume (24h)
$5 372 456
฿183.28
Supply
5 253 488 643 (Max)
1 824 327 728 (Available)

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Conflux is a high throughput first layer consensus blockchain designed for dApps that require speed at scale, without sacrificing decentralization.

Unlike the Bitcoin and Ethereum blockchains, which are linear in nature, Conflux’s Tree-Graph structure is divergent. Bitcoin and Ethereum can only confirm one block at any given time. Conflux’s Tree-Graph, by contrast, can confirm multiple blocks concurrently. This parallel processing of blocks and transactions, lowers confirmation times, and substantially increases transaction throughput.

Conflux incorporates all valid blocks, even concurrent ones, into a single data structure called the Tree-Graph. This Tree-Graph ledger, along with the GHAST chain selection mechanism, facilitates the order of execution of all transactions in the system in a scalable and robust manner.
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