1. What is Conflux (CFX)?
This March 2026 guide describes Conflux as the only public blockchain operating in compliance with Chinese regulation. It was developed with advice from Turing Award recipient Andrew Yao and technology from Tsinghua University researchers. Mainnet launched in 2020. The source characterizes it as holding a unique position as the only public chain officially recognized by the Chinese government.
The guide contrasts China's prohibition on cryptocurrency trading with its national promotion of blockchain technology. It presents Conflux as the only project with exclusive access to a Chinese market of 1.4 billion people, citing partnerships with the Shanghai government and China Telecom.
📊 CFX key facts in this guide
• Ticker: CFX
• Launch: 2020
• Consensus: Tree-Graph, a PoW/PoS hybrid
• Total supply: Approximately 5.3 billion CFX
• TPS: 3,000–6,000
• Advisor: Andrew Yao, Turing Award recipient at Tsinghua University
• Upbit/Binance: Listed on both
2. Core technology
Tree-Graph consensus
Tree-Graph combines a directed acyclic graph (DAG) with a chain structure. Instead of connecting blocks in one line, it references multiple blocks at once and allows concurrent block production. The guide reports 3,000–6,000 TPS while maintaining security.
Dual spaces: eSpace and Core Space
eSpace is fully EVM-compatible, allowing Ethereum DApps to be deployed directly. Core Space is Conflux's native environment, offering features such as sponsorship that pays gas on a user's behalf. Developers choose the environment that fits their requirements.
A PoW and PoS hybrid
Blocks are produced through PoW mining, similar to Bitcoin, while PoS checkpoints strengthen finality. The hybrid model combines PoW's censorship resistance with PoS's faster finality.
3. China market strategy
The source identifies a claimed exclusive position in China as Conflux's principal strength:
- China Telecom: Joint development of blockchain SIM cards, BSIM, offering blockchain access to hundreds of millions of telecom subscribers.
- Shanghai government: Selection as an official blockchain partner.
- McDonald's China: Use of Conflux for an NFT event.
- Oreo China: A limited-edition NFT campaign.
💡 A key to a market of 1.4 billion
The guide sees substantial potential in China's blockchain market. It describes a government promoting blockchain adoption while restricting other cryptocurrencies, and Conflux as the only legally accessible public chain. The source calls that exclusive position difficult to value because of its scale, while recognizing a double-edged risk: a regulatory change could remove the position just as quickly.
4. Tokenomics
The source gives total supply as approximately 5.3 billion CFX. New tokens are issued through PoW mining and PoS staking, with around 4% annual inflation. Storage occupation, identified as CFS in the source, requires locking CFX. The token is used for governance, gas and staking.
5. Investment outlook
Potential positives in the source's thesis
- The claimed position as China's only legal public blockchain.
- The involvement of a Turing Award recipient.
- The China Telecom BSIM partnership and hundreds of millions of potential users.
- An official Shanghai government partnership.
- Potential exclusive access to a population of 1.4 billion.
Potential negatives
- Changing Chinese regulation, making the same position a double-edged risk.
- A weaker global ecosystem.
- Limited awareness and adoption outside China.
- Ongoing inflation.
6. Risks
⚠️ Before investing
• The guide describes CFX as extremely sensitive to Chinese regulation, rising sharply on favorable news and falling on unfavorable news.
• It has experienced a substantial decline from its all-time high.
• The source suggests limiting the investment to 10% of a portfolio.
• This article is informational, not investment advice.
The guide describes NOONOO TRADING as using 100 AI agents to trade on data rather than Chinese regulatory news.
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