$CFX CFX (Conflux Network) is a high-performance, layer-1 blockchain designed to solve scalability and decentralization challenges without compromising security. Originating in China, it uses a unique Tree-Graph consensus algorithm, combining the benefits of both Proof-of-Work (PoW) and Directed Acyclic Graph (DAG) structures. This allows for faster transaction speeds and lower fees compared to traditional blockchains. CFX is the native utility token used for transaction fees, staking, and governance. Conflux supports smart contracts and is compatible with Ethereum Virtual Machine (EVM), making it easy for developers to deploy decentralized applications (dApps). It’s positioned as a bridge between Eastern and Western blockchain ecosystems.