What Is Nervos (CKB)?

Nervos is an open-source modular blockchain network with a decentralized, permissionless, proof-of-work blockchain called CKB

#CKBupdates

Bianance #learnandearn questions and answer
What is Nervos (CKB)
Q1. CKB is developing a payment channel network to connect the Bitcoin Lightning Network. True or False?
= True
Q2. What consensus mechanism does CKB use?
=PoW
Q3. What's the full name of the $CKB Blockchain?
=Common Knowledge Base
Q4. Which of the following instruction sets is CKB's virtual machine based on?
= RISC -V
Q5. What similarities between Bitcoin and $CKB are being utilized in the BTCKB initiative?
= Both
Q6. When was CKB"s launched?
= 2019
Q7. $CKB leverages a novel generalized UTXO model for accounting What's the name of this model?
= Cell model
Q8. The CKB Blockchain is turing -complete. True or False?
= True
Q9. CKB's virtual machine supports all current and future cryptographic primitives. True or False?
= True

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🚨 EXCITING UPDATE! 🚨
📉 Coin: #CKB/USDT $CKB

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On the daily timeframe, CKB/USDT has formed a descending triangle, typically signaling a bearish continuation. However, the RSI shows a bullish divergence, indicating rising buying pressure. Recently, CKB/USDT broke above the triangle's support line, suggesting a bullish shift. This breakout, combined with the bullish RSI, indicates that buyers are gaining control, and CKB/USDT may be set for a bullish run.

📈 ENTRY: 0.017440 or Market Price
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🎯 Take Profit Targets:
1. 0.019200
2. 0.020355
3. 0.021180
4. 0.022000

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💪 Leverage: 10x

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Here are the top 5 cryptocurrencies that could see big growth 🚀:

Floki Inu (FLOKI)

Why It's Promising: Popular because of its link to Elon Musk's pet. Big community and famous supporters.
Future Price Prediction: Could reach $0.00042 by the end of 2024. 📈

Dogwifhat (WIF)

Why It's Promising: A funny dog-with-a-hat meme coin on the Solana network. It's a top meme coin.
Future Price Prediction: Expected to hit $5.3 by the end of 2024. 🐕🎩

Notcoin (NOT)

Why It's Promising: Started as a popular game on Telegram, bringing many people into web3 with a tap-to-earn system.
Future Price Prediction: Could go up to $0.05 by the end of 2024. 🎮

Nervos Network (CKB)

Why It's Promising: A blockchain that supports multiple assets and decentralized apps. Known for being scalable and interoperable.
Future Price Prediction: Might reach $0.04 by the end of 2024. 🌐

Rei Network (REI)

Why It's Promising: A user-friendly and lightweight blockchain that's compatible with Ethereum. Could shake up traditional finance.

Future Price Prediction: Expected to go up to $0.35 by the end of 2024. 💡

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