Bitexen has listed Conflux (CFX), a public Layer-1 blockchain created to power decentralized applications (dApps), e-commerce, and Web 3.0 infrastructure.
Bitexen users can now easily trade Conflux (CFX) and leverage the potential of this scalable, secure, and efficient blockchain.
What Is Conflux (CFX)?
Conflux (CFX) is a public Layer-1 blockchain designed to offer greater scalability, decentralization, and security compared to existing protocols. Utilizing its unique Tree-Graph consensus mechanism, Conflux combines Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithms to ensure fast, cost-effective, and congestion-free transfers of assets. Fully compatible with Ethereum Virtual Machine (EVM) and supporting Turing-complete smart contracts written in Solidity, Conflux provides an accessible development environment for blockchain applications. The platform’s native token, CFX, is used for transaction fees, network governance, and rewarding miners who secure the network through staking.