The Conflux Network is a scalable, decentralized blockchain network designed for high throughput and fast confirmations. The consensus algorithm of the Conflux Network is based on a special directed acyclic graph (DAG) structure called Tree-Graph. Unlike Ethereum, which only accepts transactions on a single chain into its ledger, Tree-Graph can merge and process transactions across all concurrent blocks.
CFX is the native functional token of the Conflux Network, used for network consensus, ecosystem incentives, network governance, and staking.