What is CFX cryptocurrency (Conflux coin)?
CFX is the native token representing the Conflux project, a layer-one blockchain used to run DeFi applications and support e-commerce and WEB 3.0 infrastructure, by offering better security, flexibility, decentralization, and scalability than existing protocols.
Conflux was founded in 2018 by Fan Long, YuanJie Zhang, and Ming Wu, a group of talented programmers in the field of blockchain. Although the project is relatively new, it has been able to attract large numbers of investors and gain an advanced position in the crypto market. It currently (April 2023) ranks No. 46 in terms of market capitalization, which exceeds one billion and 100 million dollars.
CFX coin project
The CFX project is a first-class blockchain, and its basic idea revolves around providing a distinctive infrastructure to run decentralized finance applications, and to support e-commerce and WEB 3.0, by overcoming the problems of other protocols of slowness, lack of scalability, weak levels of security, and decentralization.
