Conflux Network

Conflux Network Is a smart contract platform with Turing-complete state machines built on high throughput consensus protocols. Conflux agrees on a transaction validator based on the total order of the blocks organized in a tree graph, a novel consensus mechanism that extends the benefits relative to existing blockchains. It also uses proof of work (PoW) to complement its tree graph consensus protocol. Conflux has a native token called CFX that acts as a reward and means of paying transaction fees for network miners. 
Conflux Network will prove the workload (PoW) in combination with its new block sorting protocol tree-Graph. It also combines economic mechanisms from transaction sponsorship to token collateral. Conflux uses a novel greedy heaviest adaptive subtree (GHAST) protocol to reach consensus, in which the network optimistically processes blocks without discarding any forks, and assigns weights to each block according to the tree graph ledger structure. According to the team, the combination of Confux's Tree-Graph and GHAST protocols enables it to achieve more than 3,000 transactions per second. The goal is to maintain this level of scalability without affecting decentralization parameters such as the number of nodes and storage costs. A technical demonstration of Conflux Network can be found here. 
Conflux Is a public blockchain that connects Communities and economies in Asia and the West. The Conflux protocol has a consensus protocol called tree-graph to improve its scalability relative to existing networks such as Ethereum. It is also EVM compatible, allowing its application layer to support smart contracts written in Solidity. Conflux is based in Beijing, China, but has expanded its operations to Toronto, Canada and Lagos, Nigeria. 
Conflux originated in the research laboratory of Dr. Andrew Yao, Turing Prize winner at Tsinghua University. It is based on tree graph consensus mechanism. 
 The Foundation completed a round of financing and built an open application platform based on tree-Graph consensus mechanism. The foundation aims to advance blockchain education and research through the Shutu Institute, a partnership with the Shanghai Municipal government, and the Key Laboratory of Blockchain Infrastructure and Applications, a partnership with the Hunan Provincial government.

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https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDIvMDdhMDk0YmUtYjAwOC00MmE4LTkyMjktMjg5OTI3YTI5ZTkyLmpwZw==.jpg

Here’s why STX, CFX, SSV, AGIX and GRT are the top performing assets in February

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Conflux proposes deploying Uniswap v3, setting up $2M liquidity pool for CFX pairs

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XRP, XLM, CFX, XDC and MASK rank among the top 5 altcoin gainers in March

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Founder President, Tree-Graph Blockchain Research Institute
Dr. Fan Long graduated from Tsinghua University Yao Class, and he holds Ph.D of Computer Science from MIT. His research interests include systems security, programming language, and blockchain.
He is a recipient of ACM SIGSOFT Outstanding Dissertation Award and MIT Best Dissertation Award. He has more than 20 publications on top computer science conferences with more than 1000 citations. He was also a competitive programmer. He won gold medals twice in International Olympiad of Informatics (2005, 2006), and ACM-ICPC Program Contest regional championship.

Fan Long

Co-founder
YuanJie holds a Bachelor's Degree from Fudan University and a Master's Degree from Brandeis University. Before becoming a founding member of Conflux, Yuanjie worked at Huatai Private Fund of Funds, UNC Endowment Management Company and Novus in Wall Street. He has expertise in investments, capital markets and business operations.

YuanJie Zhang

Co-Founder &amp; Chief Technology Officer
Ming Wu received his PhD from the Institute of Computing Technology, Chinese Academy of Sciences in 2007, and his bachelor's degree from the University of Science and Technology of China. His main research interests include distributed transaction processing systems, graph computing engines, and artificial intelligence platforms.
He has published publications at top conferences on computer systems such as SOSP, OSDI, NSDI, ATC, EuroSys, SoCC, VLDB, etc. He has served as a project committee member of OSDI, ASPLOS, HotDep, MiddleWare, and was the Publication Chair of SOSP'17.
Before becoming a founding member of Conflux, Ming was a senior researcher in the Systems Research Group at Microsoft Research Asia. He designs and implements large-scale and efficient distributed machine learning systems and applies them to Microsoft products.

Ming Wu

Advisor
Andreas received his PhD in Computer Science from the University of Illinois at Urbana-Champaign and his MS in Computer Science from USC Los Angeles. In the past, he has also held appointments at the Athens University of Economics and Business and the University of Tokyo.
Andreas has been involved in blockchain since 2011. Since 2016, his research in the area of blockchain has focused on central bank digital currencies, mechanism/system design, formal methods, Internet of Things, techno-legal issues, and cryptoeconomics. In the summer of 2020, he was commissioned by the Bank of Canada to lead a team of four faculty members in developing a proposal for a Canadian digital currency. In February 2021, this work was made public, proposing a Bank of Canada Digital Currency, the first of its kind to provide a comprehensive technical, regulatory/legal, and economic model for a central bank digital currency.

Andreas Veneris

Advisor
Andreas Park is an Associate Professor of Finance at the University of Toronto and has been appointed Professor at the Rotman School of Management, Institute for Management and Innovation, and UTM's Department of Management.
He currently serves as Research Director at Rotman Financial Innovation Lab FinHub, Co-Founder of University of Toronto&rsquo;s Blockchain Research Lab LedgerHub, Blockchain Lab Economist at Creative Disruption Lab, Economic Advisor at Conflux Network, OSC and IIROC consultant.
Andreas teaches courses in fintech and financial market trading, and his current research focuses on the economic impact of technological changes such as blockchain technology.

	Rank	Source	Price	24h	Volume(24H)	Trading Percent	Updated
1	Bitget	1	Bitget	CFX/USDT	0.16047000	-0.84%	$7,903,479.4	10.9762%	2024-10-18 09:18:49
2	Binance	2	Binance	CFX/USDT	0.16060000	-0.68%	$7,877,005.23	10.9394%	2024-10-18 09:19:54
3	OKX	3	OKX	CFX/USDT	0.16070000	-0.68%	$4,860,207.47	6.7497%	2024-10-18 09:19:55
4	Gate.io	4	Gate.io	CFX/USDT	0.16040000	-0.87%	$1,792,454.03	2.4893%	2024-10-18 09:19:04
5	KuCoin	5	KuCoin	CFX/USDT	0.16070000	-0.74%	$588,313.3	0.8170%	2024-10-18 09:19:51
6	Binance	6	Binance	CFX/TRY	5.4960	-0.61%	$273,962.06	0.3805%	2024-10-18 09:19:08
7	BingX	7	BingX	CFX/USDT	0.16060000	-0.68%	$262,471.61	0.3645%	2024-10-18 09:17:25
8	Binance	8	Binance	CFX/BTC	0.00000236	-1.67%	$214,245.72	0.2975%	2024-10-18 09:18:27
9	MEXC	9	MEXC	CFX/USDT	0.16080000	-0.68%	$194,122	0.2696%	2024-10-18 09:16:33
10	Binance	10	Binance	CFX/USDC	0.16070000	-0.68%	$182,428.04	0.2534%	2024-10-18 09:19:50
11	CoinW	11	CoinW	CFX/USDT	0.16058000	-0.82%	$56,236.68	0.0781%	2024-10-18 09:18:45
12	Gate.io	12	Gate.io	CFX/USDC	0.16040000	-0.56%	$6,722.26	0.0093%	2024-10-18 09:19:27

	Volume(24H)	Trading Percent
OKX	OKX	$4,865,899.6	13.6128%	Visit
Binance	Binance	$8,547,641.04	23.9128%	Visit
Gate.io	Gate.io	$1,803,430.76	5.0453%	Visit
KuCoin	KuCoin	$590,680.75	1.6525%	Visit
Bitget	Bitget	$7,903,479.4	22.1107%	Visit
MEXC	MEXC	$194,122	0.5431%	Visit
BingX	BingX	$262,471.61	0.7343%	Visit
CoinW	CoinW	$56,236.68	0.1573%	Visit
BitMart	BitMart	$720.63	0.0020%	Visit
XT.COM	XT.COM	$367,152.5	1.0271%	Visit
ProBit Global	ProBit Global	$147,248.12	0.4119%	Visit

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