Conflux (CFX)
A scalable blockchain designed to support fast transactions and decentralized applications.
About Conflux
Conflux(CFX) was created in 2018 and is based on a Tree-Graph structure, a variant of BlockDAG that allows multiple blocks to be accepted at the same time without discarding them. This approach increases the throughput of the network while maintaining the security of Proof of Work. Conflux also supports staking, allowing users to earn rewards by participating in the network without mining.
Key Characteristics
- Algorithm: Octopus
- Block Time: 0.5 seconds
- Max Supply: ∞ CFX
- Block Reward (First Block): 7 CFX
- Block Reward (Current): 0.4 CFX
- Halving Schedule: Inexistent(the community votes on how much the reward changes, every 60 days)
- Difficulty Adjustment: Every 1 blocks
- Preferred Mining Hardware: GPUs
- Preferred Mining Software: Visit Mining Softwares page for details
- Pool Explorer: MiningPoolStats
Useful Links
Important Documents
Quick Facts
Created: 2018
Creator: Fan Long & Team
Max Supply: ∞
Block Time: 0.5s