Conflux Basics

Basic concepts in Conflux network

📄️ What is Conflux?

Conflux stands out as a public blockchain with superior performance, a unique consensus mechanism, and an innovative dual-space design. These features enable Conflux to deliver a fast, secure, and decentralized platform that is well-suited for various applications, including decentralized finance and gaming.

🗃️ Consensus

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📄️ Glossary

Introduction

📄️ Economics

Conflux's economic model encourages participation and growth of the network while supporting technological stability. A well-designed economic model is essential for a decentralized system to operate efficiently. Blockchain technology establishes trust and encourages efficient relationships among cooperators, accelerating the transfer of value.

📄️ Ecosystem

Conflux Network represents a thriving blockchain ecosystem, distinguished by its unique tree-graph consensus mechanism that enhances scalability and efficiency. This ecosystem encompasses a wide range of projects, each contributing to the network's diversity and utility.

📄️ Spaces

Introduction to Spaces

📄️ Wallets

This guide will help you understand the basics of wallets, their purpose, and their role in the Conflux Network.

📄️ Smart Contracts

What is a Smart Contract?

📄️ Transactions

A transaction is a single instruction composed by an external actor with a Conflux account, and this instruction is cryptographically signed using the sender account’s private key. A transaction can involve a simple transfer of CFX (the native currency of Conflux), a transfer of tokens (such as ERC20 or ERC721), a deployment of a new smart contract, or an execution of a function on an existing smart contract. Transactions are the only way to store or update data on the blockchain.