
Sell CFX (CFX) for AUD
$0.2737 AUD
3.84% ()
Instant Buy
Price in Australian Dollars (AUD) in real time

Spot rate: $0.27 AUD
Introduction to Conflux
Conflux (CFX) is a decentralized blockchain platform designed to provide a high-performance and scalable infrastructure for decentralized applications (dApps). Conflux aims to address the scalability trilemma by achieving high throughput, low latency, and decentralized governance. The cryptocurrency prioritizes scalability, security, and decentralization.
How Conflux Works
Conflux operates as a blockchain platform that uses a novel consensus mechanism called Tree Graph (TG) to achieve high throughput and low latency. The CFX token is used for transactions, payments, and accessing platform services. Conflux's architecture enables parallel processing of transactions, ensuring scalability and efficiency.
Advantages of Conflux
Conflux offers developers and users a high-performance and scalable blockchain platform for building and deploying decentralized applications. The platform's consensus mechanism ensures fast and secure transactions, making it suitable for various use cases, including DeFi, gaming, and decentralized finance. Conflux prioritizes decentralization, ensuring censorship resistance and immutability.
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