#199

Nervos Network

CKB
0.00000011 BTC
$0.011
24h: -6.47% 7d: -23.38%
All Time High $0.044 Mar 31, 2021
24h
$0.01 $0.012
24h Volume $98.1M

Price Chart

About Nervos Network

Nervos Network (CKB)

Nervos Network is a groundbreaking layered crypto-economy network designed to enhance the capabilities of blockchain technology. By separating its infrastructure into two distinct layers, Nervos offers a unique approach to security, scalability, and interoperability.

Layered Architecture

The Nervos Common Knowledge Base (CKB) serves as the Layer 1 of the Nervos Network, functioning as a trust root and a secure storage solution for assets, identities, and other essential elements within the network. The Layer 2 solutions focus on high-performance transactions and privacy, allowing users to benefit from both security and efficiency.

Proof of Work and Security

Utilizing a Proof of Work (PoW) consensus mechanism, CKB ensures exceptional security and decentralization, making it resistant to adversarial attacks. This battle-tested approach provides peace of mind for participants in the Nervos ecosystem.

Interoperability and Flexibility

CKB is recognized as the most flexible and interoperable blockchain in the market. It supports all cryptographic primitives and seamlessly interconnects with heterogeneous blockchains, enabling the anchoring of sidechains, state channels, and various Layer 2 networks. This modular architecture allows Nervos to scale efficiently to accommodate millions of transactions per second without compromising security.

Bitcoin Enhancement

As the first fully Bitcoin-isomorphic Layer 2 solution, Nervos CKB enhances Bitcoin's capabilities by introducing programmability and scalability through advanced protocols like RGB++, the UTXO Stack, and the CKB Lightning Network. This innovation aims to create a thriving ecosystem around Bitcoin without the need for cross-chain bridges.

Utility-Driven Tokenomics

The tokenomics of CKB are designed to align the interests of all participants, ensuring that miners are compensated for their role in providing network security indefinitely. This model promotes a sustainable and engaged community.

Building on Nervos

Developers are empowered to create universal decentralized applications (dApps) with unmatched user experiences, thanks to protocol-level account abstraction and a low-level virtual machine that facilitates limitless building opportunities on the Nervos Network.

Join the Nervos Ecosystem

Become part of a vibrant ecosystem that embraces innovation, security, and scalability. With Nervos, you can launch custom EVM-compatible sidechains, develop advanced decentralized applications, and contribute to the future of blockchain technology.

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Categories

Smart Contract Platform Interoperability Layer 2 (L2) Rollup Multicoin Capital Portfolio Proof of Work (PoW) DragonFly Capital Portfolio Sequoia Capital Portfolio Blockchain Capital Portfolio Polychain Capital Portfolio

Market Data

Rank
#199
Market Cap
$499.67M
Volume
$98.1M
Circulating Supply
45.51B CKB
Total Supply
46.2B CKB
Max Supply
N/A

Additional Information

Genesis Date
2019-11-15
24h Market Cap Change
$3.39M
24h Market Cap Change %
0.68%