Conflux describes itself as a “blockchain without barriers,” using blockchain technology to support a borderless economy. It was established around openness, inclusivity, permissionless access, transparency, and decentralization. The Conflux protocol relies on a Proof-of-Work consensus model designed to enable parallel transaction processing. The team says its system architecture enhances current blockchain approaches, with a focus on resisting double-spending while improving security and economic practicality.

What are Conflux’s key features and how does it work?

The Conflux Ecosystem includes a range of dApps, integrations, and partnerships that continue to grow over time. A central component is the Conflux ShuttleFlow Cross-Chain Asset Bridge, which supports the platform through a multi-chain setup. ShuttleFlow enables interoperability between and across blockchains by using Conflux as an intermediary network, so assets can move from one blockchain to another smoothly.

Conflux uses an original, optimized Proof-of-Work (PoW) Tree-Graph consensus method. It is based on a modified form of a Directed Acyclic Graph (DAG). The Tree-Graph design is key to how it operates; rather than following a linear chain model like Bitcoin and Ethereum, it behaves more divergently. This allows multiple blocks to be confirmed simultaneously. All valid blocks, including those produced in parallel, are incorporated into the chain. 

More specifically, Conflux employs the Greedy Heaviesy Adaptive SubTree (GHAST) algorithm. GHAST assigns weights to blocks in the Tree-Graph and influences chain selection as new transactions come in. Together, the Tree-Graph structure and the GHAST selection process aim to help execute transactions securely, at scale, and efficiently. The system is also intended to improve overall transaction speed by reducing confirmation times, which can raise transaction throughput. It claims the capability to handle 3,000-6,000 transactions per second while keeping security, decentralization, and minimal transaction fees.

The Conflux ecosystem includes additional components such as:

What can Conflux be used for?

Conflux is intended for business and developer groups looking to create and run apps that are compatible across multiple blockchains. Projects already building on Conflux include Moonswap, an AMM DEX operating on Ethereum L2, Flux, a protocol for lending and borrowing on the Conflux Network, and Sacred Finance, an interoperable, non-custodial dApp enabling anonymous asset transfers.

Where can you buy CFX?

CFX can be traded on the CEXs and DEXs listed here. Among the most widely used platforms with the highest liquidity are OKX, Binance, and MEXC Global. The CFX price depends on the exchange you use and the prevailing market conditions. For current and historical CFX market pricing, check the price charts on this page.