Wrapped Conflux WCFXPrice $ 0.0652

Conflux is self-defined as a “blockchain without barriers”, it aims to leverage blockchain technology to become a catalyst for the borderless economy. The project was founded based on the principles of openness, inclusivity, permissionless, transparency, and decentralization. The Conflux protocol uses a Proof-of-Work consensus mechanism that facilitates parallel processing of transactions. The team claims that its innovative architecture improves upon existing blockchain technology, in particular the security and economic viability against the threat of double-spending.