CONFLUX Price(CFX)

Conflux is a proof-of-work blockchain built to run blocks and transactions in parallel, yet still settle into a final serial chain. By allowing multiple blocks to be processed at once, it is positioned as a response to the scalability limits commonly associated with Bitcoin and Ethereum. As of 2023, Conflux can reach up to 6,000 transactions per second, which is higher than the 4,000 TPS originally suggested in its whitepaper. Beyond throughput, the network also uses economic design choices—most notably storage bonds and interest payments—to support durable, long-term incentives for participants across the system.

自初始白皮书发布以来，Conflux 经历了显著变革，并持续明确未来重点方向。2023 年迎来一大里程碑：网络转向混合 PoW/PoS 共识机制。此次转型标志着从白皮书中描述的早期纯工作量证明（PoW）方案明确演进，旨在增强安全性并提升可持续性。Conflux 基金会持续监管社区基金（Community Fund）与生态基金（Ecosystem Fund），以支持采用与增长。相关举措包括向社区成员提供赏金（bounties）与资助（grants），以及赞助智能合约，以激励开发活动。Conflux 还构建了多个跨链桥，并与主流区块链网络及企业建立了合作伙伴关系。展望未来，计划将进一步拓展跨链能力，并开发二层（layer-2）扩容解决方案。与此同时，基金会坚持循序渐进地迈向基于 DAO 的治理模式，旨在赋予利益相关方更大影响力，使其更深度参与网络发展及资源分配决策。

Conflux is backed by a combination of academic researchers, technology experts, and industry professionals, reflecting the project’s research-driven origins. Its academic advisory base includes Andreas Park of the Rotman School of Management at the University of Toronto and Andreas Veneris from the University of Toronto’s Departments of Electrical and Computer Engineering and Computer Science. Since the whitepaper was released, the broader team has grown substantially and now includes many blockchain developers, researchers, and industry specialists. Network development and resource allocation remain under the Conflux Foundation, which operates as a non-profit organisation. The project has expanded into multiple development hubs around the world, with a notable presence in Asia and North America. This broader footprint has supported faster development and adoption while still adhering to the original vision described in the whitepaper.

Conflux’s architecture centres on TreeGraph, a block structure that supports parallel processing instead of enforcing a strictly linear block order like Bitcoin and Ethereum. In TreeGraph, blocks are linked through two relationship types: parent edges and reference edges. Parent edges create a tree-like structure, while reference edges add connections that help preserve ordering and security across concurrently produced blocks. From these links, the protocol forms a pivot chain that functions as the backbone used to organise and sequence the broader set of parallel blocks. To decide which blocks should be prioritised and how they should be arranged, Conflux relies on the GHAST algorithm, which contributes to the network’s ability to sustain around 6,000 transactions per second as of 2023. Conflux also treats storage differently from systems that charge a one-time fee for permanent data retention. Instead, users must lock tokens as a deposit tied to the amount of storage they consume, a design intended to reduce waste and encourage more intentional use of on-chain storage.

The Conflux network uses CFX as its native token, and the whitepaper defines a total supply of 5 billion CFX. Distribution is allocated across several categories: private investors receive 600 million, foundation holdings account for 200 million, the genesis team is allocated 1.8 billion, the community fund holds 400 million, and the ecosystem fund contains 2 billion. CFX can appear as either liquid or illiquid tokens. Liquid CFX is freely transferable, while illiquid CFX is locked for specific uses such as staking, buying storage space, or securing voting rights within governance. The protocol includes staking so users can earn rewards by helping support network security. When CFX is bonded for storage, the interest generated is directed to miners rather than to the token holders who locked the funds, creating an ongoing incentive for miners to keep the network running. Miner income is composed of three streams: block rewards, transaction fees paid by users, and interest from storage bonds. Block rewards began at 7 CFX per block and follow a schedule that halves every four years until the reward reaches 1.75 CFX per block, consistent with the model described in the original whitepaper.