What is Conflux?
Conflux is a public blockchain that stands out for its superior performance, unique consensus mechanism, and innovative dual-space design.
These features allow Conflux to deliver a fast, secure, and decentralized platform suitable for a wide range of applications, including decentralized finance (DeFi) and gaming.
Hybrid Consensus Mechanism
Conflux employs a hybrid consensus model combining:
- Proof of Work (PoW)
- Proof of Stake (PoS)
This hybrid model ensures a balance of:
- High security
- High throughput
- Decentralization
PoW: Tree-Graph + GHAST Algorithm
- Utilizes a Tree-Graph ledger and GHAST algorithm
- Delivers up to 3,000 TPS (transactions per second)
- Confirmation latency: within 1 minute
- Maintains decentralization level similar to Bitcoin and Ethereum
PoS: Finality and Attack Resistance
- PoS adds finality to the network
- Reduces risk of 51% attacks
Thanks to this design, Conflux can efficiently handle high volumes of transactions, making it a robust and reliable platform for diverse applications.
Dual-Space Architecture
The Conflux network includes two distinct execution environments:
1. Conflux Core Space
- Main blockchain network
- Utilizes the hybrid consensus mechanism
- Features a contract sponsorship mechanism
→ Allows users to interact with contracts without needing a balance
→ Lowers the barrier to entry for dApp usage
→ Expands the potential user base
2. Conflux eSpace
- Fully EVM-compatible (Ethereum Virtual Machine)
- Developers can migrate Ethereum smart contracts seamlessly
- Offers high performance and scalability
These two spaces communicate via the CrossSpaceCall contract, which enables:
- Atomic transfer of funds
- Atomic execution of smart contract calls
→ Between Core Space and eSpace
Conflux’s innovative architecture and hybrid consensus offer a developer-friendly, high-throughput, and secure platform for building next-gen blockchain applications.