$CFX

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CFX is the token of the Conflux project, a blockchain platform that aims to provide a decentralized, high-performance infrastructure for decentralized applications (dApps) and smart contracts. Conflux is designed to overcome the scaling and security challenges faced by many other blockchain networks.

Conflux uses a unique consensus algorithm called “Tree-Graph” which allows multiple blocks to be processed simultaneously, increasing the speed and efficiency of transactions. This feature makes Conflux one of the fastest blockchain networks available.

CFX, the system's native currency, is used to pay transaction fees and participate in the platform's ecosystem. It can also be used in governance mechanisms and voting on decisions related to network development.