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Conflux

CFXUSD
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0.044

+0.001+2.79%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+2.79%

5 Days

+8.33%

1 Month

-2.86%

6 Months

-11.42%

Year to Date

-36.40%

1 Year

-73.49%

Key Data Points

Opening Price

0.044

Previous Closing Price

0.043
Price Range of the Day
0.0430.044
52-Week Price Range
0.0370.212

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Buy
Sell(3)
Neutral(2)
Buy(6)
Indicators
Sell(1)
Neutral(2)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
0.001
Neutral
RSI(14)
59.072
Neutral
STOCH(KDJ)(9,3,3)
84.846
Buy
ATR(14)
0.001
Low Volatility
CCI(14)
243.503
Overbought
Williams %R
2.041
Overbought
TRIX(12,20)
-0.079
Sell
StochRSI(14)
100.000
Buy
Moving Average
Sell(2)
Neutral(0)
Buy(4)
Indicators
Value
Direction
MA5
0.042
Buy
MA10
0.042
Buy
MA20
0.041
Buy
MA50
0.043
Buy
MA100
0.047
Sell
MA200
0.051
Sell

More Details of Conflux

Conflux (CFX) is a public layer-1 blockchain that was designed to power decentralized applications (dApps), e-commerce, and Web 3.0 infrastructure. It aims to be more scalable, decentralized, and secure than existing blockchain protocols. The Conflux platform is built on the Tree-Graph consensus mechanism, which combines Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithms to achieve consensus. This allows the network to process 300-6000 transactions per second, providing faster transaction times and lower fees compared to other blockchains like Ethereum. Conflux is compatible with the Ethereum Virtual Machine (EVM), allowing developers to build Turing-complete smart contracts using Solidity, similar to Ethereum. The platform also offers cross-chain interoperability through its ShuttleFlow protocol, enabling the transfer of assets between Conflux and other networks like Ethereum, Binance Smart Chain, and Huobi Eco Chain. The Conflux network is designed to provide developers with a scalable, secure, and decentralized platform for building dApps, while offering users faster and more cost-effective transactions compared to other blockchain networks.

Who are the founders of Conflux?

Conflux was founded in 2018 by a team of blockchain experts, including Fan Long, a computer science Ph.D. from MIT, and Andrew Chi-Chih Yao, a renowned Turing Award winner and head scientist of the Conflux Foundation. The project aims to promote blockchain education and research through the Tree-Graph Research Institute.

What makes Conflux (CFX) unique?

Conflux has several unique features that set it apart from other blockchain platforms: Interoperability: Conflux's cross-chain protocol, ShuttleFlow, allows for the transfer of assets to other networks like Ethereum, Binance Smart Chain, Huobi Eco Chain, and OKEx Chain, enabling seamless interoperability. Scalability and Decentralization: Conflux's Tree-Graph consensus algorithm ensures scalability without sacrificing decentralization. The parallel processing of blocks and transactions allows the network to process 300-6000 TPS. Low Fees: Due to its scalability, Conflux provides lower transaction fees compared to networks like Ethereum. Additionally, the Fee Sponsorship Mechanism allows users with negative balances to continue using the platform. Staking and Rewards: Conflux offers an integrated staking system that provides passive rewards to users who stake their CFX tokens, offering a more consistent and less risky alternative to trading. Developer-Friendly: Conflux provides developers with a decentralized, secure, and scalable network, along with the necessary tools and conditions that are compliant with relevant regulations, enabling the creation of multi-chain, scalable, secure, and censorship-resistant dApps.

How is the Conflux network secured?

Conflux uses a combination of Proof-of-Work (PoW) and its own Tree-Graph consensus algorithm to ensure enhanced security at the protocol level. The PoW mechanism, which is the same as the one used by Bitcoin, helps to protect the network from attacks and ensures the reliability of transactions. In addition, the Tree-Graph algorithm, developed specifically for Conflux, further enhances the security and scalability of the network. This consensus mechanism allows for parallel processing of blocks and transactions, resulting in high transaction throughput without compromising decentralization. To incentivize miners to participate in securing the network, Conflux rewards them with CFX tokens for their work. This ensures that the network will remain reliable and secure in the long run, as miners have a financial incentive to maintain the integrity of the Conflux blockchain.

Conflux

0.044
+0.001+2.79%
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