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CFX (Conflux) fell 11.01% in the last 24 hours.
Gate News Bot news, August 15, according to CoinMarketCap, as of the time of writing, CFX (Conflux) is currently priced at $0.18, with a 24-hour fall of 11.01%, reaching a high of $0.23 and a low of $0.18. The current market capitalization is approximately $911 million, a decrease of $113 million compared to yesterday.
Conflux is a high-throughput public chain that employs an innovative Tree-Graph consensus algorithm to reduce confirmation time and increase TPS by processing blocks and transactions in parallel. Conflux utilizes a thoroughly tested PoW consensus mechanism to provide higher security and protection against re-entrancy attacks at the protocol level. Its native token CFX is used to pay transaction fees, earn rewards through staking, rent storage space, and participate in network governance.
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