$CFX Conflux Network is a Layer‑1 public blockchain designed for high performance and scalability. It uses a hybrid consensus model combining Tree‑Graph Proof‑of‑Work (PoW) with Proof‑of‑Stake (PoS) for transaction finality .

CFX serves as the network’s native token. It’s used to:

• Pay transaction fees and cover data storage costs (part of fees may be burned)

• Stake to participate in governance and help secure the network

• Influence decisions via DAO proposals