CKB助力比特币生态
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CKB/RGB++ The True Leading Bitcoin L2 Protocol
Many people actually do not understand Bitcoin L2, nor do they understand what CKB is.
So why are so many people still posting about CKB? One reason is the rewards given by the CKB official.
After understanding Nervos CKB, I summarized 4 small parts.
1, Token $CKB
CKB (Common Knowledge Base) is the native token of the Nervos Network, and its mining mechanism is based on a Proof of Work (PoW) consensus mechanism reward token, with a total issuance of 45.769 billion, currently circulating around 45 billion, listed on multiple leading exchanges, current price: $0.01183U.
So why are so many people still posting about CKB? One reason is the rewards given by the CKB official.
After understanding Nervos CKB, I summarized 4 small parts.
1, Token $CKB
CKB (Common Knowledge Base) is the native token of the Nervos Network, and its mining mechanism is based on a Proof of Work (PoW) consensus mechanism reward token, with a total issuance of 45.769 billion, currently circulating around 45 billion, listed on multiple leading exchanges, current price: $0.01183U.
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JoyID + Lightning Network: Passkey Wallet Leading a New Experience in Decentralized Payments
Blockchain is a highly narrative-dependent industry. In recent months, PayFi has emerged as a new concept that integrates payment and finance, becoming a highly focused narrative in the industry. Its full name is Payment Finance, referring to the use of blockchain technology to provide the necessary financial services for real-world payment scenarios.
In the current mainstream discussions, the underlying payment infrastructure of PayFi is often assumed to be a high-performance public chain (like Solana), but we believe that off-chain payment channel technology represented by the Lightning Network is more suitable for the role of PayFi payment infrastructure.
In the current mainstream discussions, the underlying payment infrastructure of PayFi is often assumed to be a high-performance public chain (like Solana), but we believe that off-chain payment channel technology represented by the Lightning Network is more suitable for the role of PayFi payment infrastructure.
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Net profit of 2000 USD in just one night! CKB helps retail investors get rich!
Retail investors or small holders can take note, CKB offers essentially no capital mining, earning 500-2000 USD daily is not a problem! If you account for the increase in coin value itself, daily profits can reach up to 3000 USD or more! Are you not tempted? Come and take a look!
CKB's strongest mining power Antminer K7-63.5T. Hashrate: Up to 63.5±3% TH/s, it has high efficiency when handling mining tasks and can quickly solve complex mathematical problems, improving mining efficiency. Algorithm: Adopts the Eaglesong algorithm, a mining algorithm tailored for CKB, which can mine various digital currencies including CKB. Power consumption: Rated power consumption is 3080±10% W.
CKB's strongest mining power Antminer K7-63.5T. Hashrate: Up to 63.5±3% TH/s, it has high efficiency when handling mining tasks and can quickly solve complex mathematical problems, improving mining efficiency. Algorithm: Adopts the Eaglesong algorithm, a mining algorithm tailored for CKB, which can mine various digital currencies including CKB. Power consumption: Rated power consumption is 3080±10% W.
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Infrastructure Research | How to Enable Bitcoin to Have a Turing-Complete Environment?
What are the differences between Bitcoin and Ethereum? Some say block size, others say consensus mechanism, and some say Ethereum has a foundation influencing project development.
However, the most fundamental difference is that Ethereum, compared to Bitcoin, has a Turing-complete development environment, which was also a major competitive point for early Layer 1.
1. So what is Turing completeness?
In the simplest terms, Ethereum supports the development of on-chain applications, while Bitcoin does not.
Bitcoin's purity in the current market is not only due to its performance and POW consensus but also closely related to its lacking on-chain ecological environment. Before inscriptions appeared, the only application scenario for Bitcoin that the market could think of was in the payment field. Thus, in previous Bitcoin scaling solutions, most were focused on more vertical applications in the payment sector like lightning channels.
However, the most fundamental difference is that Ethereum, compared to Bitcoin, has a Turing-complete development environment, which was also a major competitive point for early Layer 1.
1. So what is Turing completeness?
In the simplest terms, Ethereum supports the development of on-chain applications, while Bitcoin does not.
Bitcoin's purity in the current market is not only due to its performance and POW consensus but also closely related to its lacking on-chain ecological environment. Before inscriptions appeared, the only application scenario for Bitcoin that the market could think of was in the payment field. Thus, in previous Bitcoin scaling solutions, most were focused on more vertical applications in the payment sector like lightning channels.
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🔍 Recently, some media reported that $CKB will unlock tokens on November 16th, which is not true. In fact, all tokens of $CKB issued at the genesis were unlocked as early as 2022.
📚 To learn more about the issuance mechanism of #CKB, feel free to read: https://nervos.org/knowledge-base/understanding_nervos_ckb_issuance_model
#CKB助力比特币生态
📚 To learn more about the issuance mechanism of #CKB, feel free to read: https://nervos.org/knowledge-base/understanding_nervos_ckb_issuance_model
#CKB助力比特币生态
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1. You don't need that much; 100,000 CKB is enough. Later, you'll find that in a lifetime, you really don't need that much money. After BTC stops rising, CKB will be the next BTC.
2. CKB itself has no risk. The biggest risk with CKB is that you think there is a risk, but in the end, you didn't hold on.
3. A few years later, looking at the CKB K-line, the entire year of 2024 will just be a straight line.
4. One realization: CKB has no big players. Some people mistakenly think they can manipulate the market. Once they pump it up and sell off, they can never get back in.
5. What does it mean to look at 10U when it was 0.1U? Looking at 1000U when it is 10U is the real big picture.
7. Institutional purchases of CKB are not good news for CKB. When CKB is bought by institutions, it's good news for the institutions.
8. In the future, you'll find that you really don't care about the quality of life; holding CKB is the highest quality of life.
To be serious, if CKB's market cap management improves, launching a new token function or any other technical route won't help market cap management at all. Look at the highest point from the past year; it's really called... Fearless of bull and bear! Wasn't there a collaboration with DWF before? It didn't pump up either.
Transitioning to a DEX? You can take a look at the DEX with the lowest fees: BSW, which is just like you, is a straight line.
CKB's market cap is low; think about the space available! But the momentum is insufficient! Who will help you pump it? You can only find market makers to create liquidity yourself. Don't look for DWF; they only play a short-term game, taking the money and leaving behind only corpses.
The crypto world has always relied on price increases to attract people, never on technology; the market cap still can't compete with them.
If you can increase it 10 times in a day, it's definitely more useful than advertising; you can immediately break out. You're worried that the car is too heavy, but you can still carry the CKB market cap and traffic #CKB助力比特币生态 @CKB Eco Fund $CKB .
2. CKB itself has no risk. The biggest risk with CKB is that you think there is a risk, but in the end, you didn't hold on.
3. A few years later, looking at the CKB K-line, the entire year of 2024 will just be a straight line.
4. One realization: CKB has no big players. Some people mistakenly think they can manipulate the market. Once they pump it up and sell off, they can never get back in.
5. What does it mean to look at 10U when it was 0.1U? Looking at 1000U when it is 10U is the real big picture.
7. Institutional purchases of CKB are not good news for CKB. When CKB is bought by institutions, it's good news for the institutions.
8. In the future, you'll find that you really don't care about the quality of life; holding CKB is the highest quality of life.
To be serious, if CKB's market cap management improves, launching a new token function or any other technical route won't help market cap management at all. Look at the highest point from the past year; it's really called... Fearless of bull and bear! Wasn't there a collaboration with DWF before? It didn't pump up either.
Transitioning to a DEX? You can take a look at the DEX with the lowest fees: BSW, which is just like you, is a straight line.
CKB's market cap is low; think about the space available! But the momentum is insufficient! Who will help you pump it? You can only find market makers to create liquidity yourself. Don't look for DWF; they only play a short-term game, taking the money and leaving behind only corpses.
The crypto world has always relied on price increases to attract people, never on technology; the market cap still can't compete with them.
If you can increase it 10 times in a day, it's definitely more useful than advertising; you can immediately break out. You're worried that the car is too heavy, but you can still carry the CKB market cap and traffic #CKB助力比特币生态 @CKB Eco Fund $CKB .
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Understanding Nervos CKB in One Article: The Future of Cross-Chain Expansion and Smart Contracts in the Bitcoin Ecosystem
With the rapid development of blockchain technology, Bitcoin, as the world's first decentralized digital currency, has become the foundation of global crypto assets due to its security and immutability. However, due to Bitcoin's limitations in scalability and programmability, it cannot support complex smart contract functionalities. This presents an innovative opportunity for Nervos CKB. By adopting the PoW + UTXO model, Nervos CKB achieves complete isomorphism with Bitcoin, becoming Bitcoin's ideal Layer 2 solution. CKB further promotes cross-chain expansion of the Bitcoin ecosystem and seamless integration of smart contracts through technologies such as the RGB++ protocol, Fiber Network, and JoyID, making Bitcoin's applications in the BTCFi (Bitcoin DeFi) space more extensive and flexible.
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Will CKB be the next CFX that increases by 10 times?
Five years ago, when the CKB mainnet just launched, I was very excited after reading the white paper several times. They have consistently adhered to the PoW + UTXO route, with very ambitious goals.
However, the era belonging to CKB has not yet arrived in these five years.
btckb plan is truly a favorable wind.
The last wave of Bitcoin ecosystem explosion was inscriptions, which were mostly meme coins.
The next wave of Bitcoin ecosystem explosion may no longer be these inscription meme coins, but rather Bitcoin L2 has a high possibility. Currently, the hottest are Merlin and B2, with dozens of other L2s, most of which are EVM hybrids.
Both Merlin and B2 will not open low, and the yield for staking mining with large funds will not be very high. Opportunities like the previous wave of Ordi and Sats may be gone.
In the next wave of inscriptions, apart from the leaders, most inscription meme coins will find it difficult to rise again.
In the market, the Bitcoin L2 projects that insist on PoW + UTXO and have a deep technical foundation accumulated over many years may just be CKB.
CKB may be that lost pearl in the vast sea. It was listed on Binance years ago, most coins are fully circulated, and it has just halved its production, with a market cap of only 200 million dollars, leaving tremendous room for growth.
CKB launched in November 2019, utilizing a PoW consensus mechanism and UTXO model, fully isomorphic to Bitcoin. In addition, CKB also has the Axon framework, which allows for "one-click chain issuance."
In the current fierce competition among Layer 2 projects, especially in the sidechain track, CKB is considered the most promising because it has unparalleled advantages over other sidechain solutions in terms of security, scalability of Bitcoin programming capabilities, technical accumulation, and ecology.
First is security. Sidechains are independent blockchains and do not inherit the security of the main chain, so many sidechain projects often become centralized due to too few nodes. From the very beginning, CKB adopted the same time-tested PoW consensus mechanism as Bitcoin, maximizing security and decentralization.
As technology matures further and the ecosystem continues to develop, CKB will undoubtedly play an increasingly important role in exploring the forefront of Bitcoin Layer 2.
#CKB助力比特币生态 $CKB
Five years ago, when the CKB mainnet just launched, I was very excited after reading the white paper several times. They have consistently adhered to the PoW + UTXO route, with very ambitious goals.
However, the era belonging to CKB has not yet arrived in these five years.
btckb plan is truly a favorable wind.
The last wave of Bitcoin ecosystem explosion was inscriptions, which were mostly meme coins.
The next wave of Bitcoin ecosystem explosion may no longer be these inscription meme coins, but rather Bitcoin L2 has a high possibility. Currently, the hottest are Merlin and B2, with dozens of other L2s, most of which are EVM hybrids.
Both Merlin and B2 will not open low, and the yield for staking mining with large funds will not be very high. Opportunities like the previous wave of Ordi and Sats may be gone.
In the next wave of inscriptions, apart from the leaders, most inscription meme coins will find it difficult to rise again.
In the market, the Bitcoin L2 projects that insist on PoW + UTXO and have a deep technical foundation accumulated over many years may just be CKB.
CKB may be that lost pearl in the vast sea. It was listed on Binance years ago, most coins are fully circulated, and it has just halved its production, with a market cap of only 200 million dollars, leaving tremendous room for growth.
CKB launched in November 2019, utilizing a PoW consensus mechanism and UTXO model, fully isomorphic to Bitcoin. In addition, CKB also has the Axon framework, which allows for "one-click chain issuance."
In the current fierce competition among Layer 2 projects, especially in the sidechain track, CKB is considered the most promising because it has unparalleled advantages over other sidechain solutions in terms of security, scalability of Bitcoin programming capabilities, technical accumulation, and ecology.
First is security. Sidechains are independent blockchains and do not inherit the security of the main chain, so many sidechain projects often become centralized due to too few nodes. From the very beginning, CKB adopted the same time-tested PoW consensus mechanism as Bitcoin, maximizing security and decentralization.
As technology matures further and the ecosystem continues to develop, CKB will undoubtedly play an increasingly important role in exploring the forefront of Bitcoin Layer 2.
#CKB助力比特币生态 $CKB
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Earn $4.6 Daily, Beginners Can Start Mining CKB in 10 Minutes
First, let's look at the revenue chart. The recently popular Antminer K7, priced at $3800, has a hash rate of 63.5T, power consumption of 3080W, and energy efficiency of 48.5J/T. At an electricity cost of $0.1 per kWh, it can generate daily revenue of $4.6. It can be said to be the top choice for beginners:
The daily revenue from the K7 is $4.6
In the rapidly changing cryptocurrency market, information asymmetry is undoubtedly the key to profit. Bitcoin mining once created a glorious history of 400% annualized returns, and even in the current bear market, its yield still far exceeds the average level of traditional industries. However, with increasing competition and market changes, Bitcoin's annualized yield has dropped to around 12.5%-20%. Against this backdrop, an emerging digital currency—CKB, with its excellent mining yield, is gradually coming into the investors' view.
The daily revenue from the K7 is $4.6
In the rapidly changing cryptocurrency market, information asymmetry is undoubtedly the key to profit. Bitcoin mining once created a glorious history of 400% annualized returns, and even in the current bear market, its yield still far exceeds the average level of traditional industries. However, with increasing competition and market changes, Bitcoin's annualized yield has dropped to around 12.5%-20%. Against this backdrop, an emerging digital currency—CKB, with its excellent mining yield, is gradually coming into the investors' view.
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Who is the true king of the BTC ecosystem?
$CKB has been in existence since BTC was born, and the BTC ecosystem has been thriving with new projects, but the on-chain ecosystem has yet to catch fire. Last year, the Audi, sats, and inscription series were all the rage, igniting a spark in the BTC ecosystem, but they have since declined, leaving many old friends trapped and crying out. We all know that inscriptions, aside from being linked to Bitcoin, have little practical application, which is why the inscription series had a brief popularity.
In contrast, the established BTC ecosystem CKB is not only a public chain ecosystem based on BTC consensus but also includes a series of Layer 2 expansion solutions. CKB further promotes cross-chain expansion and seamless integration of smart contracts in the Bitcoin ecosystem through technologies like the RGB++ protocol, Fiber Network, and JoyID, making Bitcoin's applications in the BTCFi (Bitcoin DeFi) space more extensive and flexible, with large storage capacity and numerous practical ecological applications.
In addition, CKB launched the Fiber Network in August as a Layer 2 payment channel expansion solution to conduct off-chain transactions to increase transaction speed and reduce costs while maintaining the security and decentralization of the blockchain. Fiber Network supports multiple asset types, allowing any RGB++ asset to be paid on the Fiber Network besides the native CKB token. The overall architecture of Fiber Network includes core modules such as off-chain payment channels, on-chain contracts, multi-hop routing, and monitoring services. Currently, Fiber Network has completed prototype development and has implemented basic functions for creating, updating, and closing channels between two nodes, while also validating cross-chain capabilities with the Bitcoin Lightning Network.
In terms of investment, the CKB public chain has strong technical strength and has attracted significant capital interest, securing approximately $100 million in funding in 2019 from renowned investors such as Sequoia Capital, Wanxiang Blockchain, and Dragonfly, 1kx, and other notable investors. This investment indicates a promising future for the CKB public chain, and as the bull market approaches, the backing capital is likely to take action to maximize profits.
Therefore, as the bull market arrives, hoarding some BTC ecosystem king CKB is also a good choice.
$CKB has been in existence since BTC was born, and the BTC ecosystem has been thriving with new projects, but the on-chain ecosystem has yet to catch fire. Last year, the Audi, sats, and inscription series were all the rage, igniting a spark in the BTC ecosystem, but they have since declined, leaving many old friends trapped and crying out. We all know that inscriptions, aside from being linked to Bitcoin, have little practical application, which is why the inscription series had a brief popularity.
In contrast, the established BTC ecosystem CKB is not only a public chain ecosystem based on BTC consensus but also includes a series of Layer 2 expansion solutions. CKB further promotes cross-chain expansion and seamless integration of smart contracts in the Bitcoin ecosystem through technologies like the RGB++ protocol, Fiber Network, and JoyID, making Bitcoin's applications in the BTCFi (Bitcoin DeFi) space more extensive and flexible, with large storage capacity and numerous practical ecological applications.
In addition, CKB launched the Fiber Network in August as a Layer 2 payment channel expansion solution to conduct off-chain transactions to increase transaction speed and reduce costs while maintaining the security and decentralization of the blockchain. Fiber Network supports multiple asset types, allowing any RGB++ asset to be paid on the Fiber Network besides the native CKB token. The overall architecture of Fiber Network includes core modules such as off-chain payment channels, on-chain contracts, multi-hop routing, and monitoring services. Currently, Fiber Network has completed prototype development and has implemented basic functions for creating, updating, and closing channels between two nodes, while also validating cross-chain capabilities with the Bitcoin Lightning Network.
In terms of investment, the CKB public chain has strong technical strength and has attracted significant capital interest, securing approximately $100 million in funding in 2019 from renowned investors such as Sequoia Capital, Wanxiang Blockchain, and Dragonfly, 1kx, and other notable investors. This investment indicates a promising future for the CKB public chain, and as the bull market approaches, the backing capital is likely to take action to maximize profits.
Therefore, as the bull market arrives, hoarding some BTC ecosystem king CKB is also a good choice.
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Why do we say the next hundredfold coin is $CKB ? It almost meets all the conditions for a hundredfold coin! It is important to know that Bitcoin occupies half of the cryptocurrency world, and CKB technically provides convenient and fast payment support for Bitcoin during the trading process! Moreover, CKB's decentralized technological innovation, community prosperity, low entry costs, and significant increase in demand progress.
1. Market Potential: The design of Nervos Network addresses the key issues of existing blockchain technology, which will attract a large number of users and developers, thereby significantly increasing the value of CKB.
2. Technological Innovation: Nervos' dual-layer architecture ensures efficient and low-cost transaction processing while maintaining a high degree of decentralization, which will attract many investors and drive up the price of CKB.
3. Growth Trend: As more and more DApps and projects are built on the Nervos platform, the demand for CKB will significantly increase, thus driving up the price.
4. Community Activity: Nervos has an international and active community, with members actively participating in discussions, development, and promotion, which will greatly promote the healthy development of the project and enhance CKB's market performance.
5. Low Entry Costs: Compared to many other well-known cryptocurrencies, the initial investment cost of CKB is relatively low, allowing more investors to easily enter the market and drive up the price. After considering these advantages, don't think it's a bit high now; in a few months, you'll find November is all bottom; remember, this is the cryptocurrency world!
I just want to tell you, the bull will return swiftly!
#CKB助力比特币生态 @CKB Eco Fund
1. Market Potential: The design of Nervos Network addresses the key issues of existing blockchain technology, which will attract a large number of users and developers, thereby significantly increasing the value of CKB.
2. Technological Innovation: Nervos' dual-layer architecture ensures efficient and low-cost transaction processing while maintaining a high degree of decentralization, which will attract many investors and drive up the price of CKB.
3. Growth Trend: As more and more DApps and projects are built on the Nervos platform, the demand for CKB will significantly increase, thus driving up the price.
4. Community Activity: Nervos has an international and active community, with members actively participating in discussions, development, and promotion, which will greatly promote the healthy development of the project and enhance CKB's market performance.
5. Low Entry Costs: Compared to many other well-known cryptocurrencies, the initial investment cost of CKB is relatively low, allowing more investors to easily enter the market and drive up the price. After considering these advantages, don't think it's a bit high now; in a few months, you'll find November is all bottom; remember, this is the cryptocurrency world!
I just want to tell you, the bull will return swiftly!
#CKB助力比特币生态 @CKB Eco Fund
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See how much CKB your device can mine in a day! Nervos CKB Testnet Beginner Mining Guide
To know how much CKB your device can mine in a day, you can simply follow the steps in this article. Let's see how to run a CKB node and mine to receive rewards.
1. Introduction to Basic Principles
Before we start, let's understand a few important concepts.
First, what is a node? Simply put, a node is a computer that has the $CKB client installed. This client allows your computer to interact with the CKB network.
Next, let's talk about the CKB testnet. CKB is a blockchain project with a peer-to-peer network structure, meaning there is no central server; instead, the entire network is composed of all nodes. These nodes achieve consensus through equal communication to ensure the reliability of the blockchain. The testnet is a network specifically for testing, distinct from the official mainnet.
1. Introduction to Basic Principles
Before we start, let's understand a few important concepts.
First, what is a node? Simply put, a node is a computer that has the $CKB client installed. This client allows your computer to interact with the CKB network.
Next, let's talk about the CKB testnet. CKB is a blockchain project with a peer-to-peer network structure, meaning there is no central server; instead, the entire network is composed of all nodes. These nodes achieve consensus through equal communication to ensure the reliability of the blockchain. The testnet is a network specifically for testing, distinct from the official mainnet.
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Nervos CKB: The superhero of the Bitcoin ecosystem, leading the future of Web5
Friends, today we are going to talk about a blockchain project that is both impressive and down to earth - Nervos CKB, let's see how it stirs up the storm in the world of Bitcoin!
1. Nervos CKB: A good helper for Bitcoin
First of all, you need to know what Nervos CKB is. Simply put, it is a public blockchain based on proof of work (PoW) and the UTXO model, launched at the end of 2019, somewhat similar to Bitcoin but with more high-tech features. For example, it has something called CKB-VM, based on the RISC-V instruction set, which sounds complicated, but actually makes the blockchain smarter, capable of handling more tasks. There is also a Cell model, an upgraded version of the UTXO model, making transactions safer and more flexible.
1. Nervos CKB: A good helper for Bitcoin
First of all, you need to know what Nervos CKB is. Simply put, it is a public blockchain based on proof of work (PoW) and the UTXO model, launched at the end of 2019, somewhat similar to Bitcoin but with more high-tech features. For example, it has something called CKB-VM, based on the RISC-V instruction set, which sounds complicated, but actually makes the blockchain smarter, capable of handling more tasks. There is also a Cell model, an upgraded version of the UTXO model, making transactions safer and more flexible.
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Earn 600U per month from cross-chain arbitrage! Cross-chain arbitrage: JoyID + Lightning Network to earn cross-chain price difference in seconds (practical tutorial)
After I was liquidated three times in a row, I stopped doing contracts and instead looked for more stable ways to make profits in the cryptocurrency world. After three months of research, I finally came up with one: cross-chain arbitrage, using the speed of JoyID + Lightning Network to earn cross-chain price differences in seconds.
The principle of cross-chain arbitrage is actually very simple, which is to find the price difference of the same asset between the chain and the exchange, and then quickly move it from the high-priced place to the low-priced place to earn the price difference. The most critical thing is speed, so the wallet I use for trading is JoyID+Lightning Network (the token is $CKB ), which can quickly transfer money and move it back and forth.
The principle of cross-chain arbitrage is actually very simple, which is to find the price difference of the same asset between the chain and the exchange, and then quickly move it from the high-priced place to the low-priced place to earn the price difference. The most critical thing is speed, so the wallet I use for trading is JoyID+Lightning Network (the token is $CKB ), which can quickly transfer money and move it back and forth.
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I earned my first A7 in the CKB ecosystem
The author invested heavily in the first seal of Rgb++ in the CKB ecosystem earlier this year, and finally won nearly 30X
Successfully reached A7. I have studied it for a long time and I really think that CKB's new protocol will really trigger the second financial revolution of Bitcoin.
The ecosystem is taking off, so I bet a lot, but in the end I failed, and succeeded A7. Now I will give you a detailed introduction to what CKB is, and I hope everyone can make money. A7 A8 A9 is not a dream!
1. What is CKB?
CKB is the underlying L1 blockchain of the Nervos Network, which operates in a similar way to Bitcoin, using a Proof of Work (PoW) consensus mechanism. It uses NC-MAX, an upgraded version of the Bitcoin algorithm, to improve network efficiency and responsiveness by speeding up transaction confirmation times and reducing orphan block rates. Bitcoin targets a 10-minute block interval and adjusts mining difficulty approximately every two weeks. CKB dynamically adjusts the block interval (approximately every four hours) based on changes in network activity to optimize performance.
Successfully reached A7. I have studied it for a long time and I really think that CKB's new protocol will really trigger the second financial revolution of Bitcoin.
The ecosystem is taking off, so I bet a lot, but in the end I failed, and succeeded A7. Now I will give you a detailed introduction to what CKB is, and I hope everyone can make money. A7 A8 A9 is not a dream!
1. What is CKB?
CKB is the underlying L1 blockchain of the Nervos Network, which operates in a similar way to Bitcoin, using a Proof of Work (PoW) consensus mechanism. It uses NC-MAX, an upgraded version of the Bitcoin algorithm, to improve network efficiency and responsiveness by speeding up transaction confirmation times and reducing orphan block rates. Bitcoin targets a 10-minute block interval and adjusts mining difficulty approximately every two weeks. CKB dynamically adjusts the block interval (approximately every four hours) based on changes in network activity to optimize performance.
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#CKB Empowers the Bitcoin Ecosystem - The 15th Square Public Writing Activity Awaits Your Participation!
The 15th Call for Papers This article is sponsored by <cm-67/>
Project Introduction:
Nervos CKB is a public chain based on the PoW + UTXO model, fully isomorphic with BTC, aiming to provide cross-chain interoperability and scalability support for the Bitcoin ecosystem.
CKB enhances Bitcoin's programmability and interoperability through the RGB++ protocol, mapping Bitcoin UTXOs to CKB Cells, thus enabling smart contract functionality and bridge-less cross-chain for Bitcoin L1 UTXO assets. CKB expands Bitcoin through Fiber Network, promoting the circulation of multiple assets within the Bitcoin Lightning ecosystem. CKB accelerates the large-scale adoption of the Lightning Network through UTXO Stack, providing better liquidity and yield models through a decentralized staking protocol. The CKB mainnet launched in November 2019 and completed its first mining output halving in November 2023.
Project Introduction:
Nervos CKB is a public chain based on the PoW + UTXO model, fully isomorphic with BTC, aiming to provide cross-chain interoperability and scalability support for the Bitcoin ecosystem.
CKB enhances Bitcoin's programmability and interoperability through the RGB++ protocol, mapping Bitcoin UTXOs to CKB Cells, thus enabling smart contract functionality and bridge-less cross-chain for Bitcoin L1 UTXO assets. CKB expands Bitcoin through Fiber Network, promoting the circulation of multiple assets within the Bitcoin Lightning ecosystem. CKB accelerates the large-scale adoption of the Lightning Network through UTXO Stack, providing better liquidity and yield models through a decentralized staking protocol. The CKB mainnet launched in November 2019 and completed its first mining output halving in November 2023.
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SCR is now online on OK, the lowest price during the call auction was only 0.3u. Everyone said it would rise on OK, but in the end, it trapped a lot of people. Are domestic projects all traps?
I bought 5000 SCR early on and got stuck with several thousand u, saying too much is just tears.
I originally thought it would rise after going on OK, but the plan fell through.
CKB is also a domestic public chain, founded in 2018, so it's an old project. Can it rejuvenate, or will it just cut another wave of leeks? We shall see.
CKB, as the ideal Layer 2 for Bitcoin, has the following advantages:
RGB++: An innovative financial protocol in BTCFi
JoyID + Lightning Network: Passkey wallet leading a new experience in decentralized payments
Fiber Network: The future scenario of cross-chain circulation
Nervos Network has expanded on the core technology of Bitcoin, providing support for #Bitcoin Layer 2 (L2) through a scalable Layer 1 blockchain.
To improve Bitcoin's programming limitations, Nervos Network has adopted a custom model (Cell model) for state storage and a custom virtual machine (CKB-VM) to execute transactions.
Nervos has expanded Bitcoin's usability through RGB++, which is an asset issuance protocol based on the original RGB protocol, aimed at positioning CKB as Bitcoin's execution layer and data availability layer.
Since the RGB++ protocol was launched on the #CKB mainnet, transaction activity on the CKB network has become active again, with nearly 400,000 new addresses added in April, a 181% increase compared to March.
Work is ongoing to integrate payment channel networks into the Lightning Network, which will make CKB more scalable and applicable to various blockchain applications.
$CKB
#CKB助力比特币生态
I bought 5000 SCR early on and got stuck with several thousand u, saying too much is just tears.
I originally thought it would rise after going on OK, but the plan fell through.
CKB is also a domestic public chain, founded in 2018, so it's an old project. Can it rejuvenate, or will it just cut another wave of leeks? We shall see.
CKB, as the ideal Layer 2 for Bitcoin, has the following advantages:
RGB++: An innovative financial protocol in BTCFi
JoyID + Lightning Network: Passkey wallet leading a new experience in decentralized payments
Fiber Network: The future scenario of cross-chain circulation
Nervos Network has expanded on the core technology of Bitcoin, providing support for #Bitcoin Layer 2 (L2) through a scalable Layer 1 blockchain.
To improve Bitcoin's programming limitations, Nervos Network has adopted a custom model (Cell model) for state storage and a custom virtual machine (CKB-VM) to execute transactions.
Nervos has expanded Bitcoin's usability through RGB++, which is an asset issuance protocol based on the original RGB protocol, aimed at positioning CKB as Bitcoin's execution layer and data availability layer.
Since the RGB++ protocol was launched on the #CKB mainnet, transaction activity on the CKB network has become active again, with nearly 400,000 new addresses added in April, a 181% increase compared to March.
Work is ongoing to integrate payment channel networks into the Lightning Network, which will make CKB more scalable and applicable to various blockchain applications.
$CKB
#CKB助力比特币生态
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Participate in the JoyID Lightning Network test to get a test badge and exclusive airdrop
JoyID Multichain Wallet has currently launched the Bitcoin Lightning Network test, which will be held from November 1 to November 7. After completing the test, you will be given a test badge and receive future airdrop rewards.
【Activity time】
November 1st ~ November 7th (Latest announcement: This test has been closed in advance due to a failure of the test network T3, and will be reopened pending notification)
For now, just earn airdrop points.
【Participation cost】
Because it is a test network, there is no capital cost, the main cost is time. You need to collect tBTC from the test network to conduct the test. You can collect 0.000049 tBTC every hour, and you need to collect it about 4 times to have enough money to complete the test.
【Activity time】
November 1st ~ November 7th (Latest announcement: This test has been closed in advance due to a failure of the test network T3, and will be reopened pending notification)
For now, just earn airdrop points.
【Participation cost】
Because it is a test network, there is no capital cost, the main cost is time. You need to collect tBTC from the test network to conduct the test. You can collect 0.000049 tBTC every hour, and you need to collect it about 4 times to have enough money to complete the test.