Nervos Network (CKB) is an open-source blockchain platform designed to provide a secure and scalable infrastructure for decentralized applications (dApps).
Founded in 2018, Nervos adopts a multilayer architecture that combines a proof-of-work base layer with scalability solutions in higher layers, enabling efficient interoperability between different blockchains.
Key features:
Multilayer architecture: Nervos separates the infrastructure into two layers:
Verification Layer (Layer 1): Known as Common Knowledge Base (CKB), it acts as a root of trust and value store, providing security and decentralization.
Generation Layer (Layer 2): Designed to handle high-performance transactions and protect privacy, facilitating scalability and efficiency.
Cell Model: Nervos uses a data model similar to Bitcoin's UTXO, called Cell Model, which offers flexibility for smart contract programming and facilitates state verification.
CKB-VM: Implements a virtual machine based on the RISC-V instruction set, allowing for efficient and secure execution of smart contracts.
Utilities:
Interoperability: Nervos facilitates communication and asset transfer between different blockchains, promoting a more connected and functional blockchain ecosystem.
Value storage: Nervos Layer 1 (CKB) acts as a secure and decentralized value store, similar to Bitcoin, but with additional capabilities for smart contracts.
dApp development: Provides a flexible and scalable platform for developers to build decentralized applications with various functionalities and use cases.
White Paper:
Nervos Network has several white papers detailing its architecture, economic model, and functionalities.
One of the main ones is the "Nervos White Paper"
That is available on its official website
Annual price evolution of Nervos Network (CKB):
This is a list with the approximate price of CKB at the end of each year since its launch:
2019: $0.006
2020: $0.005
2021: $0.014
2022: $0.004
2023: $0.010
2024: $0.013 (as of December 15)
* Nervos Network positions itself as an innovative solution in the blockchain space, offering a modular infrastructure that balances security, scalability, and interoperability *
