what's Conflux Network?
Conflux Network is a high-performance Layer 1 blockchain that employs a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism powered by a unique Tree-Graph structure. This enables parallel block processing for superior scalability, supporting up to thousands of transactions per second while maintaining security and decentralization. The network features dual spaces: Core Space for native operations with low barriers and eSpace, which is Ethereum Virtual Machine (EVM)-compatible for seamless smart contract migration and DeFi interoperability. As the only blockchain compliant with regulations in China, Conflux facilitates global cross-chain ecosystems, particularly bridging Asian markets. It supports diverse applications including DeFi, NFTs, gaming, and real-world assets through modular protocols and partnerships, emphasizing long-term infrastructure for creators, communities, and markets.
Conflux hosts a Builder Toolkit workshop at Hackfest; partnered with Orbit_Predict for prediction markets.
Hosting a workshop on the Conflux Builder Toolkit at Global Hackfest 2026 on 2026-04-08 at 10 AM EST via Discord Stage Channel.
Partnered with Orbit_Predict to bring probability infrastructure and prediction markets to the Conflux ecosystem.
Reduces PoW block rewards from 0.8 to 0.4 CFX per block and changes storage ratio with Round 20 parameters on April 7, 2026.
Ranked as the 4th highest chain by 7-day stablecoin inflow percentage.
Kaplun_Iryna from Conflux Network attended a VIP dinner event with representatives from TON blockchain, Introduction.com, and Web3Arcadia along with participants from multiple blockchain projects and financial institutions.
Listed CFX token on Kraken exchange.
Hosts Founders X Space AMA on January 30, 2026 to discuss annual plans and roadmap.
The USDT bridge from Ethereum to Conflux Network via cBridge will be deprecated on November 25 at 00:00 UTC, while the reverse direction and other token bridges remain unaffected.
Hong Kong exchange orders trading suspension on November 26 for a crypto company linked to asset incorporation plans, which now partners with Starcoin Foundation to issue Starcoin token for RWA projects on the platform.
Two USDT variants, USD₮0 and CNH₮0, launch on the platform.
Bridging incentive program starts in 2 days, offering rewards to users who bridge USDC, USDT, ETH, and BTC based on leaderboard rankings.