The Conflux (tree graph) blockchain underlying system public chain with independent intellectual property rights, through the innovatively developed tree graph structure consensus algorithm, has broken through the existing blockchain technology in transaction throughput (TPS) and confirmation time (Confirmation Latency) Under the premise of ensuring public ownership, openness and security, the high throughput of 3000-6000 TPS can be achieved. In the Libra white paper released by Facebook in 2019, Conflux, as the only distributed system project in China, was defined as a competitor.
 
On October 29, 2020, Conflux"s full-featured mainnet Tethys was successfully launched.