Conflux Basics
Basic concepts in Conflux network
📄️ What is Conflux?
Conflux stands out as a public blockchain with superior performance, a unique consensus mechanism, and an innovative dual-space design. These features enable Conflux to deliver a fast, secure, and decentralized platform that is well-suited for various applications, including decentralized finance and gaming.
🗃️ Consensus
2 items
📄️ Glossary
Introduction
📄️ Economics
Conflux's economic model encourages participation and growth of the network while supporting technological stability. A well-designed economic model is essential for a decentralized system to operate efficiently. Blockchain technology establishes trust and promotes efficient relationships among cooperators, accelerating the transfer of value.
📄️ Ecosystem
Conflux Network represents a thriving blockchain ecosystem, distinguished by its unique tree-graph consensus mechanism that enhances scalability and efficiency. This ecosystem encompasses a wide range of projects, each contributing to the network's diversity and utility.
📄️ Spaces
Introduction to Spaces
📄️ Wallets
This guide will help you understand the basics of wallets, their purpose, and their role in the Conflux Network.
📄️ Smart Contracts
What is a Smart Contract?
📄️ Transactions
A transaction is a single instruction composed by an external actor with a Conflux account, and this instruction is cryptographically signed using the sender account’s private key. A transaction can involve a simple transfer of CFX (the native currency of Conflux), a transfer of tokens (such as ERC20 or ERC721), a deployment of a new smart contract, or an execution of a function on an existing smart contract. Transactions are the only way to store or update data on the blockchain.
📄️ Accounts and Addresses
Overview
📄️ Gas and Fees
What is Gas?
📄️ Base Fee
In Conflux, the block data queried from the RPC includes a baseFeePerGas field, which indicates the network's congestion status and determines the minimum fee per gas required for a transaction. This mechanism, introduced in the Conflux v2.4 hardfork as part of CIP-1559, is based on Ethereum's base fee model but adapted for Conflux's tree-graph block structure. Details of this adaptation are documented in CIP-1559 and CIP-137.
🗃️ Conflux Governance
2 items
🗃️ Additional Resources
1 item