Conflux (CFX)

Conflux (CFX)

Price
$0.028739 (4.30 %)
฿0.00000174 (4.37 %)
Market cap
$60 281 601
฿3 659.96
Volume (24h)
$13 939 709
฿846.34
Supply
5 284 997 963 (Max)
2 097 547 687 (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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