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Conflux (CFX)

€ 0,06867

9,02 % € 0,00619
24h 1w 1m 1y All

Conflux Price in Euros

(CFX to EUR)

€ 0,06867

Conflux Volume

(24h)

€ 38.85 M

Market Cap

(Conflux)

€349.38 M
BTC

What is Conflux

Conflux (CFX) is a public blockchain designed to provide high scalability and transaction speed. It is a decentralized network that utilizes a Proof-of-Work (PoW) consensus algorithm with the additional mechanism called Tree-Graph.

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How does Conflux work?

Thanks to the cross-chain protocol ShuttleFlow, Conflux can communicate with other blockchains and transfer assets to other networks. The Tree-Graph mechanism ensures the protocol remains scalable and decentralized.

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How to buy Conflux?

Do you want to buy Conflux (CFX)? You can easily do this at Coinmerce. Simply select the coin, your preferred payment method and after payment, you’ll receive the tokens in your wallet!

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How to buy Conflux?

Do you want to buy Conflux (CFX)? You can buy Conflux using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Conflux, use the search function to search for Conflux and click on the name. You can indicate for how much you want to buy Conflux in the right window. Below is shown how much Conflux you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Conflux when the price of Conflux reaches your entered value. You can also execute a repeating order. Do you want to swap Conflux with another cryptocurrency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Conflux.

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About Conflux

Conflux was founded in 2018 by Fan Long, David Yiling Li, and Lang Yu. The protocol is compatible with Ethereum, enabling the execution of existing smart contracts and DApps. Conflux aims to support a wide range of applications, including financial services, gaming, decentralized applications, supply chain management, and more. One of Conflux's primary objectives is to address the scalability issues common in traditional blockchain networks like Bitcoin and Ethereum. The Tree-Graph mechanism enables parallel transaction processing, resulting in higher throughput speeds. Instead of a linear chain of blocks (as in a regular blockchain), a Directed Acyclic Graph (DAG) is built, allowing multiple branches (hence the name Tree-Graph) to coexist, and transactions can be processed concurrently. This increases the network's speed and allows for the processing of multiple transactions per second. The Proof-of-Work mechanism used also maintains the decentralization and security of the protocol. The entire network is supported by the CFX token, which serves as the native utility and governance token. Token holders can vote on updates and improvements to the protocol. There are no transaction fees paid with the CFX token; instead, they are covered by sponsors through the Fee Sponsorship Mechanism, keeping costs low and accessible for everyone on the network.

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Video Video
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Founder Fan Long
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Founder David Yiling Li
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Founder Lang Yu
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Founder
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Founded 2018
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Industry
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Website Website
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Network
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Location
device_hub
Rank 127
euro
Market Cap 349.38 M
euro
Trading volume 38.85 M
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Maximum coins
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Circulating 5.13 B
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