Who issued the cfx currency?

CFX coin is the native token of the ConfluxNetwork blockchain and was created by Shanghai Jiao Tong University. The blockchain adopts a tree structure, which improves throughput and scalability. CFX coins are used on the network to pay transaction fees, staking and governance. It can be purchased on प्रमुख cryptocurrency exchanges like Binance.

Issuer of CFX Coin

CFX Coin, also known as Conflux Coin, is the Conflux Network blockchain native token. The blockchain was created by the Department of Computer Science and Technology at Shanghai Jiao Tong University in Hong Kong.

Conflux Network

Conflux Network is a high-performance, scalable and secure blockchain designed to overcome the scalability limitations faced by traditional blockchains. It uses a unique tree structure that enables it to process multiple transactions simultaneously, thereby achieving high throughput.

Use of CFX Coin

On Conflux Network, CFX Coin is used to:

• Pay transaction fees
• Mortgage to protect network security
• Serves as a governance token, allowing token holders to participate in the development and decision-making of the network

Issuance details

CFX The total circulation of coins is 10 billion. 10% of the tokens will be issued initially, and the remaining tokens will be released in stages.

Buy CFX Coin

CFX Coin can be purchased on several major cryptocurrency exchanges, including Binance, Huobi, and OKEx.

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