Conflux
Since
2018
About
Effortless integration for compliant decentralized finance solutions driving the future of digital economies
Conflux is a permissionless Layer 1 blockchain uniquely positioned as the only regulatory-compliant public blockchain in China. Utilizing a hybrid PoW/PoS consensus, it offers fast, secure, and scalable transactions with zero congestion and low fees. Conflux connects decentralized economies globally and partners with major Asian brands and governments, including Shanghai, McDonald’s China, and Oreo. Visit confluxnetwork.org.
Use Cases
Cross-Border Payments and Remittances
Fast, low-fee transactions for international payments connecting individuals and businesses globally.
Decentralized Finance (DeFi) Applications
Developers can build scalable and secure DeFi platforms with staking and feesponsorship features.
Supply Chain Traceability
Track and verify product origin and movement with secure, immutable blockchainrecords.
Digital Identity and Compliance
Create regulatory-compliant decentralized digital identities for secureauthentication and access control.
Key Features
Core Blockchain Technology
- Conflux utilizes a Tree-Graph consensus algorithm for parallel processing,enhancing transaction speeds and lowering confirmation times.
- It employs Proof-of-Work (PoW) consensus to provide security and protectionagainst re-entrance attacks at the protocol level.
- Conflux uses ShuttleFlow, a cross-chain asset bridge, for seamless assettransfers between multiple protocols.
- The network offers scalability, eliminating consensus bottlenecks without compromising security or decentralization.
- Conflux has a Fee Sponsorship Mechanism that allows users with zero walletbalance to engage with the blockchain, as sponsors can pay transaction fees for them.
Ecosystem and dApp Development
- Conflux offers a multi-chain ecosystem that enables creators, communities, andmarkets to connect globally across borders and protocols.
- It provides developers with tools and resources for building Web3applications, including SDKs and APIs.
- Conflux supports a growing community of dApps, integrations, and partnershipsacross various sectors like DeFi, NFTs, and infrastructure.
- The network facilitates the integration of Fluent Wallet, a secure Confluxwallet built for Web3 interactions.
- Conflux aims to advance the on-chain payment ecosystem with PayFi, targetingthe next generation of consumer-grade Web3 payments.
Fan Long (Founder President
Tree-Graph Blockchain Research Institute)
(Co-Founder)
YuanJie Zhang
(Co-Founder)
Ming Wu
(Co-Founder)
David Chow
Headquarters
🇨🇦 Toronto
Website
confluxnetwork.org
4%
annual staking interest rate
zero
wallet balance for fees
