What is CONFLUX (CFX)
Brief introduction: Conflux Network is an open protocol for a new world of DApps, finance, and Web 3.0. As a fast and secure public blockchain, Conflux Network combines Proof of Work and a Tree-Graph structure to power a new generation of decentralized commerce.
CONFLUX is available on MEXC, providing you with the convenience of purchasing, holding, transferring, and staking the token directly on our platform. Whether you are a seasoned investor or a newcomer to the world of cryptocurrencies, MEXC offers a user-friendly interface and a variety of tools to manage your CONFLUX investments effectively. For more detailed information about this token, we invite you to visit our digital asset introduction page.
Additionally, you can:
- Check CFX staking availabilityto see how you can earn rewards on your holdings.
- Read reviews and analytics about CONFLUX on our blog to stay informed about the latest market trends and expert insights.
Our comprehensive resources are designed to make your CONFLUX buying experience smooth and informed, ensuring you have all the tools and knowledge needed to invest confidently.
CONFLUX Price Prediction
Cryptocurrency price predictions involve forecasting or speculating on the future values of cryptocurrencies. These forecasts aim to predict the potential future worth of specific cryptocurrencies, such as CONFLUX, Bitcoin, or Ethereum. What will be the future price of CFX? How much will it be worth in 2026, 2027, 2028, and up to 2050? For detailed prediction information, please check out our CONFLUX price prediction page.
CONFLUX Price History
Tracing CFX's price trajectory provides valuable insights into its past performance and helps investors understand the factors influencing its value over time. Understanding these historical patterns can offer valuable context for assessing CFX's potential future trajectory. For detailed price history information, please check out our CONFLUX price history page.
How to buy CONFLUX (CFX)
Looking for how to buy CONFLUX? The process is straightforward and hassle-free! You can easily purchase CONFLUX on MEXC by following our step-by-step How to Buy guide. We provide you with detailed instructions and video tutorials, demonstrating how to sign up on MEXC and use the various convenient payment options available.
CFX to Local Currencies
CONFLUX Resource
For a more in-depth understanding of CONFLUX, consider exploring additional resources such as the whitepaper, official website, and other publications:
People Also Ask: Other Questions About CONFLUX
Conflux Network (CFX) is a regulatory-compliant public blockchain in China, known for its hybrid proof of work/proof of stake consensus mechanism. It recently introduced an EVM-compatible Bitcoin Layer 2 solution to enhance interoperability within its ecosystem.
Conflux's Tree-Graph structure and GHAST consensus algorithm enable high throughput and security, distinguishing it from other blockchains like Bitcoin and Ethereum. The network supports Turing-complete smart contracts, cross-chain compatibility with Bitcoin and Ethereum assets, and offers robust SDKs for developers.
The Hydra upgrade on the Conflux Network has significantly improved the blockchain by introducing a proof of stake component, the Spaces concept, and an EVM-compatible Bitcoin Layer 2 solution. The Hydra hard fork enhances security, project flexibility, and scalability. The Spaces feature Core Space for launching new projects and eSpace for deploying Ethereum projects at a low cost. The addition of an EVM-compatible Bitcoin L2 solution enables seamless asset transfers between Conflux and Bitcoin, fostering DeFi and GameFi app development.
Spaces in the Conflux network are distinct areas within the blockchain that serve different purposes. The Core Space represents the original Conflux network, while the eSpace is fully EVM-compatible and operates as a sub-chain over Core Space. The introduction of Spaces allows for greater flexibility in deploying projects and DApps on the Conflux network.
The Tree-Graph structure in Conflux is a unique feature that allows the network to process multiple blocks simultaneously, significantly increasing its throughput compared to linear blockchains like Bitcoin and Ethereum. This structure, combined with the GHAST consensus mechanism, manages transaction execution order with scalability and security in mind.
The GHAST consensus algorithm plays a crucial role in the Conflux network by managing the execution order of transactions with scalability in mind. This algorithm, combined with Conflux's Tree-Graph structure, allows for parallel processing of multiple blocks simultaneously, significantly increasing the network's throughput. GHAST also enhances security by detecting and preventing certain types of chain attacks. The decentralized node structure of the GHAST consensus algorithm enables scalability as more nodes join the network.
The Conflux network features three types of nodes: Full Nodes, Archive Nodes, and Light Nodes. Full Nodes require the most data and are typically used for PoW mining and PoS staking. Archive Nodes are used for RPC service, while Light Nodes function as wallets. Conflux's Tree-Graph structure, combined with the GHAST consensus algorithm, allows for parallel processing of multiple blocks simultaneously, resulting in higher throughput.
Conflux supports Turing-complete smart contracts and interoperability with other blockchains through its innovative technology and features. The network's Tree-Graph structure and GHAST consensus algorithm enable parallel processing of multiple blocks, increasing throughput and scalability. Conflux's Spaces concept, including Core Space, eSpace, and the newly introduced Bitcoin L2 solution, allows for seamless asset transfers between Conflux and other blockchains like Bitcoin.
CFX plays a crucial role in the Conflux network as the native coin used for transactions, staking, and mining rewards. Users can earn CFX rewards by staking their tokens in the PoS system, with an annual base interest rate of 0.04% and an APY of 12.9%. Staking CFX also grants users governance rights, with more voting power earned by staking tokens for longer durations. Additionally, miners earn 1 CFX per block mined. With the introduction of the EVM-compatible Bitcoin Layer 2 solution, CFX can be used as an ERC-20 token for seamless asset transfers between Conflux and Bitcoin.
CFX tokens can be stored and interacted with using Fluent, MetaMask, and Ledger wallets. Fluent is the native web3 wallet of the Conflux network, designed to store CFX and ERC-20 tokens and interact with DApps in the Conflux ecosystem. MetaMask, a popular hot wallet, supports eSpace assets. Ledger, a secure hardware wallet, can store CFX assets in both Core and eSpace. Users can connect Fluent and MetaMask to Ledger Nano S or Nano X for added security.
The live price of CONFLUX (CFX) is 0.07155 USD.
The current market cap of CONFLUX is $ 367.21M USD. It is calculated by multiplying the current supply of CFX by its real-time market price of 0.07155 USD.
The current circulating supply of CONFLUX (CFX) is 5.13B USD.
As of 2025-05-05, the highest price of CONFLUX (CFX) is 1.71499 USD.
The 24-hour trading volume of CONFLUX (CFX) is $ 508.11K USD. You can discover more tradable tokens on MEXC and check their 24-hour trading volume.
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Disclaimer
Cryptocurrency prices are subject to high market risks and price volatility. You should invest in projects and products that you are familiar with and where you understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. MEXC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning.
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