Conflux (CFX) has recently surged into the spotlight following major developments, including a strategic partnership with China Telecom to launch the world’s first blockchain SIM card (BSIM) in Hong Kong. This collaboration triggered a massive 300% price spike in early 2023, making CFX one of the most talked-about Layer 1 blockchains. As the only public blockchain in China operating under regulatory compliance, Conflux stands at the intersection of innovation and government acceptance—positioning it uniquely for future growth.
This comprehensive guide dives into everything you need to know about Conflux and its native token $CFX: from technology and ecosystem to mining, price trends, and investment potential—all optimized for clarity, depth, and search intent.
What Is Conflux (CFX)?
Conflux is a decentralized, open-source Layer 1 blockchain launched in 2018 by a team from Tsinghua University’s elite "Yao Class." Designed to support cross-border, multi-chain collaboration across Asia and beyond, Conflux combines high scalability with full regulatory compliance—making it a rare bridge between innovation and state oversight.
Unlike traditional blockchains that process transactions sequentially, Conflux uses a unique Tree-Graph consensus mechanism called GHAST (Greedy Heaviest Adaptive SubTree), enabling parallel block processing. This allows significantly higher throughput while maintaining decentralization and security.
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Why Conflux Stands Out
- China’s Only Regulated Public Blockchain: Operates legally within China’s strict tech policies.
- Hybrid PoW/PoS Consensus: Originally proof-of-work (PoW), upgraded to include proof-of-stake (PoS) for enhanced efficiency and staking rewards.
- EVM Compatibility via eSpace: Developers can deploy Ethereum-based dApps seamlessly using tools like Truffle and Hardhat.
- Global Expansion Strategy: Expanding through Hong Kong into Belt and Road countries with financial and DeFi services.
Key Features of the Conflux Network
1. Scalability: Up to 6,000 TPS
Conflux achieves transaction speeds between 3,000–6,000 transactions per second (TPS)—dwarfing Ethereum’s average of 13–15 TPS. This performance stems from its Tree-Graph structure, which allows multiple blocks to be confirmed simultaneously without forking.
2. Low Transaction Fees
High throughput directly translates to lower gas fees. Users pay minimal costs for transactions and smart contract execution, making it ideal for microtransactions and mass adoption use cases.
3. Passive Income Through Staking
CFX holders can earn passive rewards by staking their tokens in the PoS layer. Stakers help secure the network and receive consistent returns while retaining ownership of their assets.
“Staking not only supports network security but also gives users governance rights in protocol upgrades.”
4. Developer-Friendly Environment
Conflux offers:
- Full EVM compatibility via eSpace
- SDKs for Python, Java, JavaScript, and Golang
- Integration with popular dev tools: Truffle, Hardhat, ChainIDE
- Support for Turing-complete smart contracts
This lowers the barrier for developers transitioning from Ethereum or building new decentralized applications.
How Does Conflux Work?
At its core, Conflux leverages a directed acyclic graph (DAG)-inspired Tree-Graph structure, where blocks are linked not just linearly but in a branching format. This enables concurrent validation of transactions.
The GHAST consensus algorithm determines the canonical chain by selecting the heaviest subgraph—resolving conflicts automatically and resisting common attacks like selfish mining.
Additionally, Conflux supports cross-chain interoperability through ShuttleFlow, allowing assets from Bitcoin and Ethereum networks to be bridged onto Conflux. For example:
- BTC can be used as gas
- ERC-20 tokens can be transferred and utilized in DeFi projects
Users interact with the network via wallets like Fluent Wallet, paying gas fees in CFX. A small amount of CFX is also “locked” as storage collateral when data is written to the blockchain—refunded upon deletion.
CFX Tokenomics: Understanding $CFX
The $CFX token powers the entire Conflux ecosystem.
Use Cases of CFX
- Pay for gas and storage fees
- Participate in network governance
- Earn staking rewards
- Secure the network as a validator or miner
Miners receive block rewards (2 CFX per block), transaction fees, and 4% annualized returns on stored collateral. Stakers earn yield while helping maintain consensus integrity.
All early investor tokens were fully unlocked by April 2023, signaling long-term confidence from major backers like Sequoia Capital China, F2Pool, and Huobi.
CFX Price History & Market Performance
CFX debuted on exchanges in November 2020 at $0.1441. Its price volatility reflects broader crypto market cycles:
| Milestone | Price |
|---|---|
| All-Time High (May 2021) | $1.70 |
| Bear Market Low (Dec 2022) | $0.0219 |
| Post-BSIM Announcement (Feb 2023) | $0.35+ |
| Recent High (March 2024) | $0.518 |
A key catalyst was Xiaohongshu (China’s Instagram) integrating Conflux to let over 200 million users mint NFTs directly on their profiles—driving massive user adoption.
As of June 2025, CFX trades around $0.15–$0.16, with a market cap exceeding $630 million and ranking among the top 100 cryptocurrencies by market capitalization.
Why CFX Mining Is Booming in 2025
With rising token value and growing network activity, GPU mining for CFX has become highly profitable.
Mining Algorithm: Octopus
Conflux uses the Octopus algorithm, specifically designed to resist ASIC dominance and promote fair GPU mining. This keeps mining decentralized and accessible.
Mining Difficulty Surge
- January 2025 difficulty: ~847G
- June 2025 difficulty: ~4.41T
- Increase: +418% in five months
This surge reflects growing miner interest—and early adopters have seen extraordinary returns.
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For example, an RTX 3080 miner earning CFX since January 2025 could see over 2,000% higher returns compared to new entrants due to lower initial difficulty and rising prices.
How to Mine CFX: Step-by-Step Guide
Step 1: Prepare Your Equipment
- GPU: NVIDIA or AMD with at least 8GB VRAM (grows ~1–1.5GB/year)
- OS: Windows or Linux
- Mining Software: T-Rex, NBMiner, NanoMiner, or HiveOS
HiveOS is recommended for remote management—supports up to four free rigs.
Step 2: Set Up a Wallet
Use one of these options:
- Official Wallet: Fluent Wallet (browser extension)
- App Wallet: Cobo Wallet (mobile)
- Exchange Wallet: Binance or Gate.io (for trading)
⚠️ Note: Binance CFX deposits use a proxy address—do not use it for mining payouts.
Step 3: Join a Mining Pool
Recommended pool: F2Pool
- Register or mine anonymously using your wallet address
- Bind payout address in account settings
Step 4: Configure Mining Software
Example using NBMiner:
nbminer -a octopus -o stratum+tcp://pool.conflux.org:8008 -u YOUR_WALLET_ADDRESSSave this command in a .bat file and run it to start mining.
Step 5: Monitor Performance
Log into your mining pool dashboard to check hash rate, uptime, and estimated earnings in real time.
Will CFX Price Go Up? Future Outlook & Predictions
Multiple factors suggest strong upside potential for CFX through 2030.
Catalysts Driving Growth
- BSIM Card Rollout: Blockchain-enabled SIM cards via China Telecom will onboard millions to crypto wallets.
- Hong Kong’s Pro-Crypto Regulation: Increased institutional adoption利好 (favorable for compliant chains).
- Bitcoin Halving 2024 Aftermath: Historically boosts altcoin seasons; CFX could benefit in the second or third wave.
- Enterprise Adoption: Partnerships with McDonald's China, Oreo, and Shanghai government signal real-world utility.
CFX Price Predictions (2024–2030)
| Year | Low Estimate | High Estimate | Analyst Source |
|---|---|---|---|
| 2024 | $0.14 | $0.25 | Market Trends |
| 2025 | $0.29 | $1.45 | DigitalCoinPrice |
| 2030 | $4.18 | $4.68 | PricePrediction |
While conservative estimates place CFX around $0.43 by 2030 under bullish macro conditions, more aggressive models project prices exceeding **$4.50**, driven by global expansion and increased DeFi integration.
Frequently Asked Questions (FAQ)
Q1: Is Conflux legal in China?
Yes. Conflux is the only public blockchain officially recognized and compliant with Chinese regulations. It operates under government-approved pilot programs.
Q2: Can I stake CFX tokens?
Yes. After the Hydra upgrade, Conflux introduced PoS staking. You can stake CFX through official wallets or supported exchanges to earn passive income and participate in governance.
Q3: Where can I buy CFX?
CFX is listed on major exchanges including Binance, OKX, Gate.io, and others. You can trade spot or futures contracts depending on your strategy.
Q4: Is CFX mining still profitable?
Absolutely. Despite rising difficulty, high CFX prices make GPU mining viable—especially with efficient rigs like RTX 30-series or RX 6800 XT.
Q5: Does Conflux support NFTs and DeFi?
Yes. The ecosystem includes Moonswap (DEX), DODO, SushiSwap integrations, NFT marketplaces, insurance protocols, and cross-chain lending platforms.
Q6: What makes Conflux different from Ethereum?
Conflux offers higher speed (6,000 TPS vs. ~15 TPS), lower fees, EVM compatibility, and unique regulatory positioning—making it ideal for scalable dApps in regulated markets.
How to Buy CFX Safely
You can purchase CFX on trusted exchanges like OKX, which supports both spot trading and derivatives.
👉 Start trading CFX with low fees and advanced tools
Steps:
- Create an account on OKX
- Complete KYC verification
- Deposit USD, USDT, or other supported currencies
- Navigate to “Markets” → Search “CFX”
- Choose “Spot” or “Perpetual Futures”
- Place your order using market/limit options
Many platforms also offer demo accounts—ideal for beginners testing strategies risk-free.
Final Thoughts: Is CFX a Good Investment?
Conflux presents a compelling case:
- Backed by top-tier investors
- Real-world partnerships with global brands
- Technological edge in scalability
- Regulatory compliance in a critical market
While all cryptocurrencies carry risk due to volatility, Conflux’s unique position as China’s compliant Layer 1 gives it long-term strategic value.
As blockchain adoption accelerates across Asia—and especially if BSIM cards achieve mass distribution—CFX may emerge as a foundational player in the next era of digital finance.
Always do your own research before investing. Markets fluctuate rapidly; only invest what you can afford to lose.
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