Conflux
CFX Price
Conflux (CFX) offers a scalable blockchain with fast transactions, low fees, and cross-chain interoperability. More
| Fully Diluted Valuation | $595.10M |
|---|---|
| 24H Trading Volume | $33.72M |
| 24H Low / High | $0.10 / $ 0.11 |
| Circulating Supply | 5.11 B |
| Total Supply | 5.68 B |
| Max Supply | 0.00 |
| Categories | DWF Labs Portfolio 6 more |
|---|---|
| Founder | Fan Long 2 more |
| Website | confluxnetwork.org Whitepaper |
| Socials | 4 more |
| Chains | Conflux Ecosystem |
| Explorer | Confluxscan 1 more |
| Name | Pair | OG Score |
|---|
Revolutionizing Decentralized Economies with Conflux (CFX)
Conflux (CFX) employs a unique consensus algorithm called Tree-Graph, enabling the confirmation of multiple blocks concurrently. This approach, distinct from traditional linear blockchains, results in higher throughput and faster confirmation times, enhancing scalability for decentralized applications (dApps) on the Conflux platform.
Seamless Cross-Chain Interoperability
Conflux offers cross-chain interoperability through its ShuttleFlow asset bridge, allowing for seamless transfers of digital assets across various blockchain ecosystems. This bridge enhances liquidity and interoperability between blockchain networks, offering new possibilities for developers and users.
Inbuilt Staking Capabilities
Conflux incorporates inbuilt staking capabilities, enabling users to earn rewards by staking their CFX tokens on the network. This feature incentivizes participation and enhances network security and decentralization.
Strategic Partnerships and Regulatory Compliance
Established in 2018, Conflux has collaborated with global brands and government entities, including the city of Shanghai, McDonald’s China, and Oreo, on blockchain and metaverse initiatives. With its regulatory-compliant status in China, Conflux provides a unique advantage for projects looking to expand into Asia.
A Pivotal Role in Decentralized Economies
Conflux's focus on scalability, interoperability, and security positions it as a key player in shaping the future of decentralized economies. With its innovative features and strategic partnerships, Conflux is poised to revolutionize the decentralized economy landscape.
Conflux stands out for its innovative Tree-Graph consensus algorithm, enabling parallel processing of blocks for higher throughput and faster confirmation times, making it a scalable and efficient blockchain platform.
Conflux was founded by a talented team led by Fan Long, along with co-founders YuanJie Zhang, Ming Wu (CTO), and research director Guang Yang. The core team comprises scientists, business managers, researchers, and professionals.
Conflux has received investments from notable backers, including a recent $10 million investment from DWF Labs, a digital asset market, demonstrating support from key industry players and highlighting its growing acceptance in the Chinese and global crypto communities.
Conflux utilizes the innovative Tree-Graph consensus algorithm, which enables the confirmation of multiple blocks concurrently, leading to higher throughput and faster confirmation times. Additionally, it incorporates inbuilt staking capabilities, allowing users to earn rewards by participating in the staking process.
You can buy Conflux (CFX) on Binance, BitgetOKXMEXCGate.io cryptocurrency exchanges.
OGAudit is the first independent social audit platform for web3 projects and cryptocurrencies. Here you can find comprehensive crypto evaluations, ratings, unbiased and objective expert user reviews. There may be positive, negative, and neutral evaluations based on experts' experience and perspective with the product or the service about each cryptocurrency like Conflux CFX. To access these ratings, evaluations, and comments, click here.
There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Conflux (CFX) is ($5,109,411,811), max supply of Conflux CFX is ($0) and the market cap of Conflux CFX is ($535,092,034).
What is the Conflux (CFX) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Conflux (CFX) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether Conflux (CFX) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (Conflux CFX) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does Conflux (CFX) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Conflux (CFX) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
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