$CKB Nervos Foundation Annual Report 2023v2 summary.

Mainnet Launch and Tokenomics:

- CKB mainnet launched successfully in 2023.

- CKB token experienced its first halving, reducing real inflation from 7.9% to 3.7%.

- Nervos DAO established as the governance body for the network.

Technical Development:

- Significant progress made on Layer 2 scaling solutions, including Godwoken and Polyjuice.

Nervos CKB VM (NCVM) upgraded to support smart contracts written in Rust.

- Interoperability improvements and progress made on bridges to other blockchains, including Bitcoin Layer 2 integration.

Ecosystem Growth:

- Over 200 developers actively building on the Nervos Network.

- Numerous dApps launched across various sectors like DeFi, NFTs, and gaming.

- Strategic partnerships established with major organizations like Chainlink and Opera.

Community and Foundation:

- Nervos Foundation expanded its global team and community reach.

- Active community engagement through events, hackathons, and developer programs.

- Significant progress made on research and development initiatives.

Overall:

- 2023 was a year of significant growth and development for the Nervos Network, with a focus on Bitcoin Layer 2 integration as a key strategic direction.

- The foundation laid for future expansion and mainstream adoption.

- Challenges remain, but the Nervos team is well-positioned for continued success.

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