$CFX Are you referring to $CFX, the ticker symbol for Conflux Network, a blockchain platform? If yes, here’s a quick overview:
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🔹 What is $CFX (Conflux Network)?
Conflux (CFX) is a Layer 1 blockchain designed to provide high throughput, low latency, and secure decentralized applications (dApps). It’s notable for being:
China’s only regulatory-compliant public blockchain (as of recent data).
Using a Tree-Graph consensus mechanism — a hybrid of PoW and DAG, allowing parallel block processing.
Supporting smart contracts via the EVM (Ethereum Virtual Machine).
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🔹 Key Features
High Scalability: Thousands of transactions per second (TPS)
Low Fees: Cost-effective gas prices compared to Ethereum
Regulatory Friendly: Especially within Chinese jurisdictions
Bridges: Supports cross-chain assets through ShuttleFlow
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🔹 Use Cases
DeFi platforms
NFTs (they’ve collaborated with major brands)
Metaverse & gaming projects
Supply chain tracking (especially in China)
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🔹 Price & Market Info
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