Conflux is a first-layer consensus, Proof-of-Work blockchain. Its main purpose is to solve the trilemma problem. There are three basic notions that must be considered when blockchain is created. They are decentralization, scalability, and security. In most cases it is impossible to keep all of them. The Conflux project aims to preserve all three parts without sacrificing any of them. This network was designed for decentralized applications, e-commerce, and Web 3.0. Moreover, Conflux was able to create a bridge between Asia and Europe. With its headquarters in China, it has expanded to Canada and Nigeria.
CFX is a native token of the Conflux network. The token has a lot of various functions. It is used as a governance token, store of value, method of payment within the platform. It can also be staked in exchange for a reward.
Conflux appeared as the Conflux Foundation in 2018 in China. This organization conducted all sorts of research in the area of blockchain infrastructure. An operation center was established in 2019 in Hangzhou. One year later Conflux partnered with the government of Shanghai and the Key Laboratory of Blockchain Infrastructure & Applications with the government of Hunan to create the Tree-Graph Research Institute. Now the Conflux team has more than 50 members from all over the world. So far it is the only blockchain project that is endorsed by the government.
We are ready to help you to become a part of the Conflux network. If you need to buy CFX tokens, just follow the simple instructions below: