Conflux (CFX) to VND
Find the real-time Conflux (CFX) - VNDconversion rate,along with history, market insights and other vital information to help with your cryptocurrency trading and investing.Use our secure and fast exchange platform to easily convert your Conflux (CFX) into VND, getting competitive transaction fees and enjoy a smooth trading experience!
About Conflux (CFX)
Introduction to Conflux (CFX), blockchain basics, and how digital currency works
**Introduction to Conflux (CFX): A Gateway to Blockchain Innovation** Conflux (CFX) is an innovative public blockchain network designed to solve some of the most pressing challenges in the cryptocurrency space. With a focus on scalability, security, and decentralization, Conflux aims to provide a robust platform for decentralized applications (dApps) and digital assets. As the blockchain industry continues to expand, Conflux stands out with its unique approach to achieving high throughput and low latency without compromising network security. **Basic Operating Logic** At the core of Conflux's technology is its Tree-Graph consensus mechanism. Unlike traditional blockchain networks that operate on a single chain structure, Conflux utilizes a tree-graph structure that can process multiple blocks simultaneously. This parallel processing capability allows Conflux to achieve high transaction throughput, making it an ideal platform for large-scale dApp deployment. The Tree-Graph consensus combines the best features of Proof of Work (PoW) and Directed Acyclic Graphs (DAGs) to enhance scalability. By allowing blocks to be mined concurrently and arranging them in a tree-like graph, Conflux can handle a larger volume of transactions per second compared to traditional blockchains. This innovative consensus ensures that the network remains secure and efficient, even as it scales. **Project Background and Team Development** Conflux was founded by a team of prominent researchers and engineers with deep roots in the blockchain and academic communities. The project was initiated in 2018 by Dr. Andrew Yao, a Turing Award-winning computer scientist, along with other co-founders such as Fan Long, a computer science professor at the University of Toronto, and Ming Wu, a former senior researcher at Microsoft Research. The Conflux team has worked diligently to develop a blockchain solution that addresses the limitations of existing networks. Their combined expertise in cryptography, distributed systems, and computer science has been instrumental in bringing Conflux to life. The team’s commitment to research and development is evident in their continuous efforts to improve the platform’s capabilities and expand its ecosystem. **Capturing Opportunities in the Crypto Space** For newcomers to the cryptocurrency world, Conflux presents an exciting opportunity. Its high-performance blockchain infrastructure enables developers to build and deploy a wide array of dApps, from finance and gaming to supply chain and digital identity. By providing a scalable and secure environment, Conflux empowers developers and businesses to innovate without the traditional constraints of blockchain technology. Moreover, Conflux's native cryptocurrency, CFX, plays a vital role in the network. It is used for transaction fees, incentivizing miners, and participating in the network's governance. As the Conflux ecosystem grows, the demand for CFX is likely to increase, presenting potential investment opportunities for those looking to explore the crypto space. In summary, Conflux (CFX) is a pioneering blockchain project that addresses the scalability and security challenges of traditional networks. With a strong academic foundation and a commitment to innovation, Conflux is well-positioned to become a leading platform for decentralized applications and smart contracts. Whether you're new to crypto or looking for fresh opportunities, Conflux offers a promising entry point into the world of blockchain technology.
Conflux (CFX) to VND Real-Time Market Price
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Conversion RateConflux (CFX) to VND
CFX to VND
- Qty
- 0.5 CFX1176.05 VND
- 1 CFX2352.11 VND
- 5 CFX11760.59 VND
- 10 CFX23521.18 VND
- 50 CFX117605.93 VND
- 100 CFX235211.87 VND
- 500 CFX1176059.37 VND
- 1000 CFX2352118.74 VND
VND to CFX
- Qty
- 0.5 VND-- CFX
- 1 VND-- CFX
- 5 VND-- CFX
- 10 VND-- CFX
- 50 VND-- CFX
- 100 VND-- CFX
- 500 VND-- CFX
- 1000 VND-- CFX
Conflux (CFX) to VND Trending
Price History
| Qty | Current Price | 24H Ago | 24H Change% |
| 0.5 CFX | 1176.05 VND | 1098.53 VND | +7.05% |
| 1 CFX | 2352.11 VND | 2197.06 VND | +7.05% |
| 5 CFX | 11760.59 VND | 10985.31 VND | +7.05% |
| 10 CFX | 23521.18 VND | 21970.62 VND | +7.05% |
| 50 CFX | 117605.93 VND | 109853.14 VND | +7.05% |
| 100 CFX | 235211.87 VND | 219706.28 VND | +7.05% |
| 500 CFX | 1176059.37 VND | 1098531.43 VND | +7.05% |
| 1000 CFX | 2352118.74 VND | 2197062.87 VND | +7.05% |
Conflux (CFX) to VND Insights
### Recent Developments in Conflux (CFX) Conflux (CFX) has recently gained attention in the cryptocurrency market due to significant updates that have influenced its price and overall market sentiment. As a layer-1 blockchain designed to facilitate high throughput and scalability, Conflux is positioning itself as a competitive player in the decentralized finance (DeFi) space. ### Price Volatility The price of CFX has experienced notable volatility in recent months. Following positive developments, such as partnerships and technological upgrades, CFX saw a surge in value. However, like many cryptocurrencies, it has faced corrections, reflecting broader market trends. The volatility can be attributed to speculative trading, macroeconomic factors, and shifts in investor sentiment. Traders are advised to stay informed about market trends and analysis to navigate this dynamic environment effectively. ### Institutional Investment Trends Institutional interest in CFX has begun to grow, signaling a potential shift in the market's perception of this asset. Recent reports indicate that several investment firms are exploring blockchain technologies that offer unique capabilities, such as Conflux's scalability and interoperability. This interest is indicative of a broader trend where institutions are diversifying their portfolios with crypto assets, recognizing their potential for significant returns amidst global economic uncertainties. As institutional adoption increases, it may lead to greater price stability and validation for CFX. ### Impact of Global Regulatory Policies The evolving landscape of global regulatory policies continues to influence the cryptocurrency market, including CFX. Regulatory clarity in major markets such as the United States and the European Union can affect investor confidence and institutional participation. Positive regulatory developments, like the approval of Bitcoin ETFs or clear guidelines for cryptocurrencies, could lead to increased investments in projects like Conflux. Conversely, restrictive regulations could dampen market sentiment and limit growth opportunities. Stakeholders must closely monitor these developments to adapt their strategies accordingly. ### Shifts in Market Sentiment Market sentiment surrounding cryptocurrency assets, including CFX, has been fluctuating in response to macroeconomic indicators and technological advancements. Recent surveys show a growing optimism among retail investors, driven by increasing media coverage and educational resources about blockchain technology. However, fear and uncertainty remain prevalent due to macroeconomic challenges, such as inflation and geopolitical tensions. These factors contribute to a mixed sentiment, which can lead to rapid shifts in market dynamics. ### Conclusion In summary, Conflux (CFX) is emerging as a significant player in the blockchain space, influenced by price volatility, growing institutional interest, and the impact of global regulatory policies. As market sentiment continues to evolve, stakeholders must remain vigilant and informed to capitalize on the opportunities presented by this dynamic cryptocurrency landscape.
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Conflux (CFX) to VND FAQ
Market Info
- Current Price
2352.1187
- Market Cap
429963926.0167924
- 24h Vol
624384.4885
- Initial Price
--
- Issue Time
2018/05/16
- Circulating Supply
5117619167.69
- Max Supply
--
- 24h Change%
-6.77%
- 24h Change
2352.0227
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