The Nervos Network represents the entire ecosystem of Nervos and is a collection of protocols, layer 2's and public blockchains underpinned by the Nervos CKB and CKByte token. A core design principle at Nervos is that layer 2 solutions such as side-chains, plasma chains and state channels are the best way to scale a blockchain system. Rather than comprising the decentralization and security of the base layer through largely untested and novel consensus mechanisms in order to achieve high performance and TPS, we utilize layer 2 solutions that bring nearly unlimited transaction capabilities and minimal transaction cost to a layer 1 blockchain that's designed to be secure, permissionless and decentralized. This in our opinion is the only way to solve the scalability trilemma.
The CKB (Common Knowledge Base) is the layer 1 Proof of Work public blockchain protocol of the Nervos Network. It allows any crypto-asset to be stored with the security, immutability and permissionless nature of Bitcoin, while enabling smart contracts and layer 2 scaling. Nervos captures the total network value through its "store of value" crypto-economic design and native token, theCKByte.
A new generation cryptocurrency, backed by an international financial ecosystem, design...
