What Is Conflux (CFX)?
Cryptocurrency
Conflux is among the limited number of public blockchain networks in the People's Republic of China that are stated to be compliant with the regulatory framework. Initially developed with a Proof-of-Work (
PoW) consensus model, the network has transitioned to a hybrid consensus structure by incorporating some components of the Proof-of-Stake (
PoS) approach over time.
The Tree-Graph consensus model, which lies at the heart of the network's technical infrastructure, allows blocks to be processed in parallel rather than in a classic linear sequence. This architecture aims to increase transaction capacity while establishing a balanced structure between security and scalability. Therefore, the question “
What is CFX Coin?” is important in terms of understanding the role CFX Coin plays in the technical operation of the Conflux network and its areas of use in the ecosystem.
What is CFX Coin?
CFX Coin is the native cryptocurrency of the Conflux
blockchain network. It is used to pay fees for transactions on the network and to contribute to the functioning of internal mechanisms.
CFX Coin is one of the fundamental tools that plays a role in the operation of decentralized applications and various blockchain-based projects within the Conflux ecosystem. As with cryptocurrencies in general, CFX Coin is evaluated within the framework of technical infrastructure and ecosystem developments.
Who are the Founders of the Conflux Project?
The Conflux blockchain network was launched in 2018 by Fan Long, known for his academic work in computer science. The team expanded in the later stages of the project, with names such as David Chow, Ming Wu, and Yuanjie Zhang joining Conflux's development and governance processes.
Which Country Does CFX Coin Belong To?
CFX Coin is not cryptocurrency belonging to a specific country or issued by any government. CFX is used as the native cryptocurrency of the public blockchain network called Conflux.
What Makes the Conflux Project Unique?
Conflux offers technical architecture focused on structural issues commonly encountered in blockchain networks, such as
scalability and user experience. The Tree-Graph consensus model at the core of the network aims to increase transaction capacity by enabling blocks to be processed in parallel while maintaining a decentralized structure.
The Fee Sponsorship Mechanism within the Conflux ecosystem offers a model that allows third parties to cover transaction fees for users in certain transactions. This approach is among the technical solutions aimed at facilitating interaction with the network.
In addition, Conflux is mentioned among public
blockchain projects that are said to be compliant with the regulatory framework of the People's Republic of China and is considered to be in a different position in terms of its technical structure as well as the environment in which it operates.
How Does Conflux Work?
Conflux is an open
Layer-1 blockchain network with a hybrid consensus structure. Its underlying Tree-Graph architecture enables blocks to be processed in parallel rather than in a linear sequence, distinguishing it from traditional blockchain structures.
The Tree-Graph structure is managed by the Greedy Heaviest Adaptive Sub-Tree (GHAST) mechanism. GHAST aims to offer an approach that balances scalability and network security when determining the order in which transactions are executed.
Conflux supports Turing-complete
smart contracts, enabling developers to create decentralized applications. It also targets interoperability with different blockchain networks through its ShuttleFlow solution. It offers software development tools that support popular languages such as Python, Java, JavaScript, and Golang for the developer ecosystem.
How to Buy CFX Coin?
CFX Coin is listed on various cryptocurrency exchanges. For users wishing to trade from Türkiye, CoinTR is among the local bitcoin exchange platforms that offer CFX trading pairs. To trade on CoinTR, which offers cryptocurrency trading in three steps, follow these steps:
-
Create an account and complete the Identity Verification (KYC) step.
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Deposit TL into your account.
Where to Buy CFX Coin?
CFX Coin is traded on reliable cryptocurrency exchanges. Users can also trade through CoinTR, a cryptocurrency trading platform operating in Türkiye. CoinTR allows users to conduct CFX Coin transactions through the trading screens offered by the platform.
CFX Coin Review
Reviews under the
CFX Coin review heading mostly address the technical structure of the Conflux network and the regulatory environment in which it operates. Conflux is mentioned among public blockchain projects that are said to be compliant with the regulatory framework in China and is thus considered to occupy a distinct position in the ecosystem.
In addition, Conflux offers a technical infrastructure that aims to increase transaction efficiency with its Tree-Graph-based architecture. The structure of the network aims to strike a balance between scalability and security, while enabling the development of performance-oriented solutions. In assessments related to CFX Coin,
CFX coin chart data is frequently referenced to track market dynamics, in addition to technical developments. However, considering the high volatility of
crypto asset markets, it should be noted that comments about CFX Coin should be evaluated in conjunction with technical and fundamental data.
CFX Coin Future
The future of CFX Coin is evaluated within the framework of the Conflux network's technical capacity, ecosystem development, and regulatory compliance. Conflux stands out among public blockchain projects with infrastructure that is said to be compliant with China's regulatory framework. Its Tree-Graph-based architecture enables the network to target high transaction capacity while aiming to provide a technical foundation for
DeFi,
Web3, and cross-chain solutions.
The project's development process is tracked through official announcements shared within the ecosystem's technical updates and
CFX Coin news. However, it should be noted that crypto asset markets are highly volatile. Therefore, when evaluating CFX Coin or any other crypto asset, the network's technical infrastructure, roadmap, token economy, and relationship with regulations should be considered from a holistic perspective. Like other digital assets, CFX Coin may change over time depending on market conditions; it is recommended to follow the relevant price and data screens on
reliable crypto sites to access the most up-to-date information.
FAQ
What is the highest price CFX coin has reached?
The highest levels CFX Coin has reached in the past have changed over time. It is possible to track this type of
CFX Coin price historical data from analysis screens and price tracking charts.
When was CFX coin released?
CFX Coin entered circulation in 2020 with the launch of the Conflux blockchain network's mainnet.
What is the supply of CFX coin?
The total supply of CFX Coin is stated to be 5,167,850,502.75.
How much is CFX coin in dollars?
The dollar-based price of CFX Coin fluctuates in real-time based on supply and demand. You can track the current price via the
CFX/USDT pair.
How much is CFX Coin in TL?
The TL-based price of CFX Coin is updated in real-time according to market fluctuations. You can view the current TL price via the
CFX/TRY pair.
2025-12-31Legal Notice
The information, comments, and evaluations contained in this content do not constitute investment advice. This content is not intended to be prescriptive in any way and is intended to provide general information. It does not constitute investment advice. CoinTR cannot be held responsible for any transactions made based on this information or any losses that may arise.
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