CKB

Nervos Network Coin (CKB)

The Nervos Network (CKB) is a blockchain and network platform that aims to solve the scalability and interoperability issues of most layer 1 blockchain networks. CKB is the base layer of the Nervos blockchain, designed as a state control system with a common database definition.

Features of the Nervos Network:

• Sustainable economic model: The CKB tokens allow users, developers, and node operators to create and store states on the CKB core network, contributing to the success of the platform. Users pay for network resources based on capacity and reservation time, allowing for platform scaling and organic growth.

• Flexible layered design: The decentralized and permissionless architecture of the network allows for universal value storage for all types of blockchain services, providing developers with flexibility to build universal applications that can run on any blockchain network.

• High levels of security: The Nervos Network is built on a Proof of Work (PoW) consensus protocol that securely holds applications and the decentralized tokens built on its platform. The platform has undergone third-party auditing and has been proven to be secure.

In conclusion, the Nervos Network is a smart contracting platform with a multi-layered technology stack that is different from other blockchain projects. Founded by a team of blockchain veterans and led by Jan Xie, formerly of the Ethereum Core Team, the Nervos Network aims to offer a sustainable and flexible blockchain solution with high levels of security.