Conflux (CFX)
Price
$0.202153 (-17.73
%)
฿0.00000207 (-16.05
%)
Market cap
$954 437 836
฿9 767.42
Volume (24h)
$177 821 421
฿1 819.79
Supply
5 570 554 394 (Max)
4 723 593 669 (Available)
Events are managed by official representatives
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.
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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