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What is Conflux Conflux is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security. As the only regulatory compliant public blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia. In the region, Conflux has collaborated with global brands and government entities on blockchain and metaverse initiatives, including the city of Shanghai, McDonald's China, and Oreos. To learn more about Conflux, visit confluxnetwork.org/ What is the Conflux (CFX) Token? CFX is the native token for the Conflux Network. It is a hard-capped scarce asset used to pay fees, and secure the network through staking. Each CFX contains 10^18 Drip. Transactions on Conflux are handled similarly to those on the Ethereum network, with CFX playing a similar role as ETH. Users submit a contract with a gas limit and a gas price; the latter is denominated in CFX. Users can interact with Conflux Network ecosystem applications through wallets. Users can use CFX to participate in governance votes, stake their tokens to earn network interest, or pay for the network's storage and transaction fees. Where can I buy the Conflux token (CFX)? CFX is supported across leading exchanges such as Binance, KuCoin, OKEX, Gate, and MEXC Where can I stake the Conflux token (CFX)? CFX can be staked at any of the Staking Pools operated by the Conflux community. For the latest information please view the Conflux Forum
To assign a comfort level investing in Conflux from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Conflux.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.