Conflux Network is a public, permissionless blockchain network that has zero congestion and low fees. As a secure and fast public blockchain, Conflux combines a Proof of Work (PoW) algorithm and with a Directed Acyclic Graph (also called a tree graph) to support a secure flow of assets across borders, protocols and applications. Unlike Ethereum, which only accepts single-chain transactions into its ledger, Tree graph can process transactions in all blocks simultaneously. 

CFX is the native utility token for the Conflux Network and is primarily used for governance, ecosystem incentives, network consensus and staking.