$CFX

Conflux Network is a scalable decentralized blockchain network designed to achieve high throughput and fast confirmations. The consensus algorithm of Conflux Network is based on a special directed acyclic graph (DAG) structure called a tree graph. Unlike Ethereum, which accepts transactions on a single chain into its ledger, the tree graph can merge and process transactions across all concurrent blocks. CFX is the native functional token of Conflux Network, used for network consensus, ecosystem incentives, network governance, and staking.