Conflux Description
Conflux allows creators, communities, markets, and governments to connect across borders. Our Tree-Graph consensus algorithm is a breakthrough that uses parallel processing of transactions and blocks to reduce confirmation times and increase TPS. Conflux uses a well-tested PoW consensus to increase security and protect against reentrance attacks at the protocol level. ShuttleFlow, a lightweight cross-chain asset bridge built on Conflux, allows for seamless asset transfers between multiple protocols. Users with zero wallet balance can still use blockchain with our Fee Sponsorship Mechanism. To help with user onboarding, sponsors pay a portion of or all of the transaction fees for another user. Innovative DeFi apps can be built on top of the staking interest. Current staking interest in stowed tokens is 4% annually. This is due to the additional issuance.