Conflux (CFX)

$0.11

+6.71%

Stay up-to-date on Conflux (CFX) with live charts and instant updates. Get a complete view of the Conflux market, explore trading strategies, and engage with the rapidly evolving world of digital finance. Keep track of the factors driving CFX's price, and benefit from detailed news coverage and expert insights to make informed decisions

Conflux (CFX) Price Real Time-Data

The live price of Conflux (CFX) is $0.11 with a 24-hour trading volume of $73.31M. Its 24-hour peak value is $0.11, and its 24-hour low is $0.1. The current circulating supply is 4.83B CFX, leading to a fully diluted market capitalization of $562.4M. Conflux (CFX) to USD price is updated in real-time.

What is Conflux (CFX)?

Conflux (CFX) is a public layer-1 blockchain designed to support decentralized applications (dApps), e-commerce, and Web 3.0 infrastructure. It offers high scalability, security, and decentralization, utilizing a unique Tree-Graph consensus mechanism that combines Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithms.

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FAQ

Who are the founders of Conflux (CFX)?

Conflux was founded in 2018 by Fan Long, a blockchain and cybersecurity expert with a Ph.D. from MIT. He is joined by co-founders YuanJie Zhang, Ming Wu (CTO), and Guang Yang. The project’s Tree-Graph consensus algorithm was developed by Professor Andrew Chi-Chih Yao, a Turing Award winner.

How many Conflux (CFX) are there?

As of March 2023, there are 2,654,264,782 CFX tokens in circulation out of a total supply of 5,278,164,274 CFX.

What are the potential use cases for Conflux (CFX)?

Conflux (CFX) is used for paying transaction fees, staking, governance, and providing incentives to miners. It also enables the development of scalable, secure, and censorship-resistant dApps.

What is the history of Conflux (CFX)?

Conflux was founded in 2018 with its underlying technology being developed since 2017. It aims to promote blockchain education and research, particularly through its Tree-Graph Research Institute in Shanghai.

How is Conflux (CFX) Secured?

Conflux is secured through a combination of the Proof-of-Work (PoW) consensus mechanism and the Tree-Graph algorithm. This ensures enhanced security, safe transactions, and protection against attacks.

What can you do with your Conflux (CFX)?

With Conflux (CFX), you can pay transaction fees, stake your tokens for rewards, participate in network governance, and support the development and operation of dApps on the Conflux network.

Where to buy Conflux (CFX)?

Conflux (CFX) can be purchased on various cryptocurrency exchanges, including Binance, KuCoin, OKX, Gate.io, and several others.

What is the price of Conflux (CFX) to USD and BRL?

The current price of Conflux (CFX) is approximately $0.15 USD or R$0.73 BRL per token.