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features
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Description

Conflux facilitates the connection of creators, communities, and marketplaces across different borders and protocols. Its innovative Tree-Graph consensus algorithm employs the parallel processing of blocks and transactions, which effectively reduces confirmation times and enhances transactions per second (TPS). By leveraging a rigorously tested Proof of Work (PoW) consensus, Conflux ensures heightened security and safeguards against reentrancy attacks at the protocol level. The platform features ShuttleFlow, an exceptionally fast cross-chain asset bridge that allows for smooth asset transfers between various protocols. Additionally, the Fee Sponsorship Mechanism enables users without any wallet balance to participate in blockchain activities, as sponsors can cover some or all transaction fees to assist in user onboarding. To further encourage engagement, built-in staking interest lays the groundwork for creative decentralized finance (DeFi) applications, with staked tokens currently earning an annualized interest rate of 4%, derived from the additional issuance of tokens. This robust ecosystem not only empowers users but also fosters innovation across the blockchain landscape.

Description

Decred utilizes a groundbreaking hybrid system that combines proof-of-work and proof-of-stake, enhancing security while aligning community incentives effectively. This dual approach significantly increases the cost of potential attacks, surpassing the risk levels associated with either proof-of-work or proof-of-stake alone. With robust governance mechanisms, Decred empowers its community to participate in consensus changes and oversee project decisions, ensuring that stakeholder interests drive its evolution. As a result, Decred is capable of adapting to changes, integrating new technologies, and resisting forks over time. The project sustains itself by allocating 10% of every block reward to its treasury, coupled with a flexible contractor model that compensates contributors for their efforts. This structure positions Decred as a self-sustaining decentralized autonomous organization. Additionally, users can utilize DCRDEX within Decrediton to cast votes on four proposed consensus changes, making it an opportune moment to upgrade to the 1.7 release. Make sure to engage with the community and explore the latest features available!

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Bitquery Yes 
Cointelli No 
DEX Screener Yes 
HashKey Me Yes 
HolyTransaction No 
Koinly No 
Kryptos Yes 
Ledger Nano X No 
MoonSwap Yes 
Phantom Yes 
Trust Domains Yes 

Integrations

Bitquery No 
Cointelli Yes 
DEX Screener No 
HashKey Me No 
HolyTransaction Yes 
Koinly Yes 
Kryptos No 
Ledger Nano X Yes 
MoonSwap No 
Phantom No 
Trust Domains No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Conflux Network

Founded

2019

Website

confluxnetwork.org/en/

Vendor Details

Company Name

Decred

Website

decred.org

Product Features

Alternatives

Alternatives

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