Long before CKB's price skyrocketed, I resolutely joined the ranks of CKB holders. This decision was largely influenced by the potential of the CKB chain showcased on IMTOKE. Since then, not only did I embark on a journey of accumulating coins, but I also deeply participated in the vigorous development of the CKB ecosystem in the following years. Here, I will share several noteworthy projects within the CKB ecosystem:
Mibao — The Pioneer of NFTs in the CKB Ecosystem
Mibao, as the first NFT market on the CKB ecosystem, once sparked a wave of enthusiasm domestically. On this platform, users had to purchase points before uploading their works. However, with the changes in the market, Mibao has quietly gone offline, becoming a part of history. I was a loyal user of Mibao and purchased a number of NFT works, although their value has nearly dropped to zero now, that experience undoubtedly deepened my understanding of NFTs. It is worth mentioning that Mibao later transitioned to Uinapp, and in the current NFT market, the Bored Ape series is undoubtedly the brightest star. Looking back, even at a price of 5000-6000 RMB, it was difficult to acquire a Bored Ape, and now they have become a top-tier existence that's valuable yet scarce.
Bit (DAS) — A New Chapter of Domain Names on CKB
At the height of the popularity of ETH domain names, the CKB ecosystem was not to be outdone and launched the Bit domain project. The swift formation and promotion of the Bit team made CKB domain names a hot topic in a short period. At that time, the registration fee for a long domain name was approximately between 200 CKB and 400 CKB. Due to the airdrop effect of ETH domain names, many people registered multiple CKB domain names for future needs. However, over time, the popularity of CKB domain names gradually cooled down. But if you were once a registrant of a CKB domain name, you might want to look back and see if you can reclaim your deposit.
These projects, whether successful or failed, witness the vigorous development and continuous exploration of the CKB ecosystem. As an early holder and builder of the CKB ecosystem, I feel a deep sense of pride and look forward to CKB continuing to lead innovation and development in blockchain technology in the future. CKB (Common Knowledge Base) serves as the foundation of the Nervos network, with several highlights and characteristics:
1. PoW Consensus Mechanism: CKB adopts the same PoW (Proof of Work) consensus mechanism as Bitcoin, ensuring the security and decentralization of the network.
2. UTXO Model: Using the UTXO (Unspent Transaction Output) model, each transaction is based on previous unspent outputs, enhancing the flexibility and security of transactions.
3. Support for Smart Contracts: CKB supports smart contracts, enabling developers to implement complex transaction logic and features, driving innovation in blockchain applications.
4. Modularity and Interoperability: As part of the Nervos network, CKB collaborates with other components to achieve various blockchain-related services and application scenarios, enhancing the flexibility and interoperability of the network. These features give CKB significant advantages in the blockchain field, particularly in terms of its integration and interoperability with other blockchain projects (like Bitcoin), showcasing its unique value.