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CKB: The Unsung Hero of Scalability Soars
In the crypto coliseum, where giants clash and trends change faster than a Roman thumbs-down, whispers of a challenger named CKB are gaining traction. This unsung hero, the native token of Nervos Network, boasts the coveted trifecta: security, scalability, and affordability. Is CKB poised to become the gladiator of the future?
The Scalability Gladiator:
Imagine a crypto coliseum that doesn't buckle under the weight of spectators. Unlike its clunky counterparts, Nervos Network offers unparalleled scalability, allowing for a smooth flow of transactions, even during peak hours. This paves the way for mass adoption and removes a major hurdle for mainstream crypto use.
Security Worthy of Caesar:
Security is paramount in the cutthroat world of crypto. CKB, built on the "Common Knowledge Base," offers a fortress-like defense against attacks, ensuring users' funds remain as safe as Caesar's laurels.
A Token for the People:
Unlike the exorbitant prices of some cryptocurrencies, CKB remains accessible to the average citizen. This "democratization" of crypto allows more people to participate in the digital revolution, fostering a more inclusive financial landscape.
Beyond the Arena:
CKB isn't just about battling scalability issues. It empowers developers to build powerful and secure applications on the Nervos Network, paving the way for a diverse and thriving ecosystem.
Join the Chariot Race:
CKB is still in its early stages, but its potential is undeniable. It's a coin to keep an eye on, as it could become the driving force behind the next chapter in crypto's evolution. So, buckle up, crypto enthusiasts, and prepare for the ride!
#CKB #NervosNetwork #CKB/USDT #TrendingTopic #dyor $CKB @EliteDailySignals
P.S. While financial support is always appreciated, the true victory lies in sharing knowledge. Spread the word, engage in discussions, and join the chariot race towards a brighter crypto future!
In the crypto coliseum, where giants clash and trends change faster than a Roman thumbs-down, whispers of a challenger named CKB are gaining traction. This unsung hero, the native token of Nervos Network, boasts the coveted trifecta: security, scalability, and affordability. Is CKB poised to become the gladiator of the future?
The Scalability Gladiator:
Imagine a crypto coliseum that doesn't buckle under the weight of spectators. Unlike its clunky counterparts, Nervos Network offers unparalleled scalability, allowing for a smooth flow of transactions, even during peak hours. This paves the way for mass adoption and removes a major hurdle for mainstream crypto use.
Security Worthy of Caesar:
Security is paramount in the cutthroat world of crypto. CKB, built on the "Common Knowledge Base," offers a fortress-like defense against attacks, ensuring users' funds remain as safe as Caesar's laurels.
A Token for the People:
Unlike the exorbitant prices of some cryptocurrencies, CKB remains accessible to the average citizen. This "democratization" of crypto allows more people to participate in the digital revolution, fostering a more inclusive financial landscape.
Beyond the Arena:
CKB isn't just about battling scalability issues. It empowers developers to build powerful and secure applications on the Nervos Network, paving the way for a diverse and thriving ecosystem.
Join the Chariot Race:
CKB is still in its early stages, but its potential is undeniable. It's a coin to keep an eye on, as it could become the driving force behind the next chapter in crypto's evolution. So, buckle up, crypto enthusiasts, and prepare for the ride!
#CKB #NervosNetwork #CKB/USDT #TrendingTopic #dyor $CKB @EliteDailySignals
P.S. While financial support is always appreciated, the true victory lies in sharing knowledge. Spread the word, engage in discussions, and join the chariot race towards a brighter crypto future!
Nervos CKB, will it break it's resistence 0.0152 on today or next day?
How do you think?
#NervosNetwork #CKB/USDT #Write2Earnā¬
How do you think?
#NervosNetwork #CKB/USDT #Write2Earnā¬
š„š„Nervos Network CKB up 60% with launch of RGB client for Bitcoin
According to data from CoinMarketCap, Nervos Network's #CKB experienced a noticeable increase of more than 60% after the release of RGB++, an extension protocol designed to improve compatibility with Bitcoin. Data shows that in the last 24 hours, CKB's transaction volume increased by 1,800% to $ 116.4 million.
This increase has taken the token to levels not seen since 2022. While the exact reason behind the pump remains unclear, the spike coincides with the release of RGB++, an extension protocol based on RGB (Really Good Bitcoin) that uses the Lightning Network sidechain. to overcome scalability challenges.
According to a forum post, RGB++ introduces new functions such as advanced transaction verification methods, while also addressing issues that existed in the previous version of RGB. In October, the protocol aims to facilitate processes such as token airdrops.
CELL Studio, a blockchain software development firm focused on the Bitcoin and Nervos Network ecosystems, praised the latest development as an "important step" towards mass adoption and sustainability within the Bitcoin community.
Founded in 2018 by Jan Xie, Kevin Wang, Terry Tai, Daniel Lv and other industry veterans, Nervos Network is focused on the mission of overcoming the scalability and interoperability challenges in the blockchain ecosystem. The project benefits from the CKB token, which is seen to serve many purposes such as transaction and storage fees, governance and incentive programs.
#NervosNetwork #Write2Earn #BTC #binance
According to data from CoinMarketCap, Nervos Network's #CKB experienced a noticeable increase of more than 60% after the release of RGB++, an extension protocol designed to improve compatibility with Bitcoin. Data shows that in the last 24 hours, CKB's transaction volume increased by 1,800% to $ 116.4 million.
This increase has taken the token to levels not seen since 2022. While the exact reason behind the pump remains unclear, the spike coincides with the release of RGB++, an extension protocol based on RGB (Really Good Bitcoin) that uses the Lightning Network sidechain. to overcome scalability challenges.
According to a forum post, RGB++ introduces new functions such as advanced transaction verification methods, while also addressing issues that existed in the previous version of RGB. In October, the protocol aims to facilitate processes such as token airdrops.
CELL Studio, a blockchain software development firm focused on the Bitcoin and Nervos Network ecosystems, praised the latest development as an "important step" towards mass adoption and sustainability within the Bitcoin community.
Founded in 2018 by Jan Xie, Kevin Wang, Terry Tai, Daniel Lv and other industry veterans, Nervos Network is focused on the mission of overcoming the scalability and interoperability challenges in the blockchain ecosystem. The project benefits from the CKB token, which is seen to serve many purposes such as transaction and storage fees, governance and incentive programs.
#NervosNetwork #Write2Earn #BTC #binance
$CKB on this list since last year, last time was this postš this January.
Congratulations to those that followed our signals, keep watching other ptojects of this list.
#Write2Earn #NervosNetwork
Congratulations to those that followed our signals, keep watching other ptojects of this list.
#Write2Earn #NervosNetwork
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Some newbies don't undertand... so some tokens on this list might do 3X but some 30X or more and that's how you get average 10X to 20X So when you see $BTC on this list does not mean that it will do 10X or 30X undersgand now?š
Is just to balance a risk managment.
This are projects that we believe have the most potential upcoming months.
#BTC $LINK $IOTX
If you invest on each of these 11 projectsšand hold them until December 2024 you should be able to go at least 10X to 20X
NOTE April 2024 we replaced $ATOM for $PHB
Not financial advice, do your own research.
This are projects that we believe have the most potential upcoming months.
#BTC $LINK $IOTX
If you invest on each of these 11 projectsšand hold them until December 2024 you should be able to go at least 10X to 20X
NOTE April 2024 we replaced $ATOM for $PHB
Not financial advice, do your own research.
#CKBUSDT UPDATE DAILY TIMEFRAME
#NervosNetwork (CKB) is an open-source public blockchain ecosystem. Its goal is to create a peer-to-peer (P2P) crypto-economy network where users can access a wide range of provably secure blockchain services and capabilities.
ANY THOUGHTS ON $CKB ?
ā¤ļø THIS POST AND WE WILL SHARE NEXT 10X GEM COIN
#NervosNetwork (CKB) is an open-source public blockchain ecosystem. Its goal is to create a peer-to-peer (P2P) crypto-economy network where users can access a wide range of provably secure blockchain services and capabilities.
ANY THOUGHTS ON $CKB ?
ā¤ļø THIS POST AND WE WILL SHARE NEXT 10X GEM COIN
š§šµš² šš¶šÆš¹š² š¼š³ š”š²šæšš¼š š”š²ššš¼šæšø. $CKB
šš²š¹š¹ š š¼š±š²š¹: š šš²š»š²šæš®š¹š¶šš²š± šØš§š«š¢ š®š š¦šš®šš² š¦šš¼šæš®š“š²: https://twitter.com/BitBroh/status/1765296391260127595?t=UV7q9yI-1oTzk2672pg_6w&s=19
If youāre serious about understanding the #NervosNetwork tech, this is a crucial reading. It is arguably the biggest differentiator between $CKB and the rest.
šš²š¹š¹ š š¼š±š²š¹: š šš²š»š²šæš®š¹š¶šš²š± šØš§š«š¢ š®š š¦šš®šš² š¦šš¼šæš®š“š²: https://twitter.com/BitBroh/status/1765296391260127595?t=UV7q9yI-1oTzk2672pg_6w&s=19
If youāre serious about understanding the #NervosNetwork tech, this is a crucial reading. It is arguably the biggest differentiator between $CKB and the rest.
Binance Pool has introduced the Nervos Network (CKB) mining service, offering all users during the Promotion Period zero pool fees.
#binance #NervosNetwork #BinanceLaunchpool #BullorBear
#binance #NervosNetwork #BinanceLaunchpool #BullorBear
š„š„Nervos Network Price Prediction 2024: What's Behind the CKB Rally?
Nervos Network's CKB token increased by over 55% shortly after the launch of RGB++, an extension protocol aimed at improving compatibility with Bitcoin.
Data from CoinMarketCap reveals that there has been a significant increase in the CKB of the #NervosNetwork with the transaction volume increasing by 1,800% to $ 116.4 million in the last 24 hours.
Nervos Network did not immediately respond to a request for comment
So what is the Nervos Network (CKB)? How does the Nervos Network work? Let's see what we can find and also let's take a look at some of the Nervos Network price forecasts made as of February 14, 2024.
Nervos Network Price Forecast
Let's take a look at some of the price forecasts made by Nervos Network on February 14, 2024. It is very important to keep in mind that price forecasts, especially for a potentially volatile asset such as cryptocurrency, often turn out to be incorrect. In addition, please note that many long-term crypto price forecasts are created using algorithms, meaning that they can change at any time. Oct.
Nervos Network 2024 Price Forecast
DigitalCoinFiyat said that Nervos Network will reach $ 0.0197 this year. Price Tahmini.net he thought that the token would be traded at $0.0079. CoinWire has argued that CKB will be worth $0.014583 by the end of the year.
Nervos Network 2025 Price Forecast
CoinWire estimated that Nervos Network will be trading at $0.014792 in 2025. Digitalcoinprice's token was worth $0.0233 that year. PricePrediction.net , said that the value of CKB next year will be $ 0.0113.
Nervos Network Price Forecast for 2030
Looking at the longer-term Nervos Network price forecast PricePrediction.net , said that the token will reach $0.0652 in 2030. CoinWire, on the other hand, suggested that it will reach $ 0.047515 that year.
DigitalCoinPrice has made a CKB price forecast that will trade at $ 0.0673 at the beginning of the next decade.
#CKB #Write2Earn #binance
Nervos Network's CKB token increased by over 55% shortly after the launch of RGB++, an extension protocol aimed at improving compatibility with Bitcoin.
Data from CoinMarketCap reveals that there has been a significant increase in the CKB of the #NervosNetwork with the transaction volume increasing by 1,800% to $ 116.4 million in the last 24 hours.
Nervos Network did not immediately respond to a request for comment
So what is the Nervos Network (CKB)? How does the Nervos Network work? Let's see what we can find and also let's take a look at some of the Nervos Network price forecasts made as of February 14, 2024.
Nervos Network Price Forecast
Let's take a look at some of the price forecasts made by Nervos Network on February 14, 2024. It is very important to keep in mind that price forecasts, especially for a potentially volatile asset such as cryptocurrency, often turn out to be incorrect. In addition, please note that many long-term crypto price forecasts are created using algorithms, meaning that they can change at any time. Oct.
Nervos Network 2024 Price Forecast
DigitalCoinFiyat said that Nervos Network will reach $ 0.0197 this year. Price Tahmini.net he thought that the token would be traded at $0.0079. CoinWire has argued that CKB will be worth $0.014583 by the end of the year.
Nervos Network 2025 Price Forecast
CoinWire estimated that Nervos Network will be trading at $0.014792 in 2025. Digitalcoinprice's token was worth $0.0233 that year. PricePrediction.net , said that the value of CKB next year will be $ 0.0113.
Nervos Network Price Forecast for 2030
Looking at the longer-term Nervos Network price forecast PricePrediction.net , said that the token will reach $0.0652 in 2030. CoinWire, on the other hand, suggested that it will reach $ 0.047515 that year.
DigitalCoinPrice has made a CKB price forecast that will trade at $ 0.0673 at the beginning of the next decade.
#CKB #Write2Earn #binance
Nervos Network's CKB targets for the ATH
(note: the post contains data by Analytics Insight)
The Nervos Network (CKB) token has witnessed a considerable price surge of about 16% in the past 24 hours.
At the moment of writing this article, the token is trading at $0.035 onĀ CoinMarketCap. This is more than 100% in the past 7 days.
Amid a bearish market sentiment, Nervous Network emerged as the most lucrative asset this week. The altcoin has been up 116% in the last 7 days as the bulls aim for a retest of the 2021 all-time high of $0.043. Currently, the price is trading above the $0.033 resistance level.
If bulls flip this level into support, CKB price prediction would maintain a bullish outlook, and the next stop could be $0.043.
Nervos Network (CKB) is an open-source public blockchain ecosystem and its goal is to create a peer-to-peer (P2P) crypto-economy network where users can access a wide range of provably secure blockchain services and capabilities.
The Nervos mainnet launched back in November 2019 with a novel dual-layer architecture. Thereās a base layer where the consensus mechanism operates and smart assets are stored, and a computation layer where transactions are processed.
The base layer is also known as the Common Knowledge Base, and has its own cryptocurrency called CKByte (CKB).
This uses the Proof-of-Work (PoW) consensus mechanism and drives the Nervos ecosystem. It is used to pay miners for keeping the network safe, managing network resources, and letting users store things on the network.
The Nervos Network allows developers to create decentralized applications (dApps) that can operate on various blockchain systems. Any of the network layers can be used to run both dApps and smart contracts.
#BinanceLaunchpool #cpi #BullorBear #CKBCoin #NervosNetwork
$CKB
(note: the post contains data by Analytics Insight)
The Nervos Network (CKB) token has witnessed a considerable price surge of about 16% in the past 24 hours.
At the moment of writing this article, the token is trading at $0.035 onĀ CoinMarketCap. This is more than 100% in the past 7 days.
Amid a bearish market sentiment, Nervous Network emerged as the most lucrative asset this week. The altcoin has been up 116% in the last 7 days as the bulls aim for a retest of the 2021 all-time high of $0.043. Currently, the price is trading above the $0.033 resistance level.
If bulls flip this level into support, CKB price prediction would maintain a bullish outlook, and the next stop could be $0.043.
Nervos Network (CKB) is an open-source public blockchain ecosystem and its goal is to create a peer-to-peer (P2P) crypto-economy network where users can access a wide range of provably secure blockchain services and capabilities.
The Nervos mainnet launched back in November 2019 with a novel dual-layer architecture. Thereās a base layer where the consensus mechanism operates and smart assets are stored, and a computation layer where transactions are processed.
The base layer is also known as the Common Knowledge Base, and has its own cryptocurrency called CKByte (CKB).
This uses the Proof-of-Work (PoW) consensus mechanism and drives the Nervos ecosystem. It is used to pay miners for keeping the network safe, managing network resources, and letting users store things on the network.
The Nervos Network allows developers to create decentralized applications (dApps) that can operate on various blockchain systems. Any of the network layers can be used to run both dApps and smart contracts.
#BinanceLaunchpool #cpi #BullorBear #CKBCoin #NervosNetwork
$CKB
š„š„š„š TOP 3 NEWS CKBšš„š„š„
šØ The price of Nervos Network (CKB) has increased by 16% in the last 24 hours, and it is currently trading at slightly more than $0.03.
šØ Dr. Ren Zhang, the creator of CKB's consensus breakthrough "NC-Max," recently discussed PoW and PoS in Hong Kong.
šØ In the last day, there has been a notable 16% increase in the price of the Nervos Network (CKB) token.
#CKB #BTCš„š„š„š„š„š„ #BinanceLaunchpool #NervosNetwork #btcnews99
šØ The price of Nervos Network (CKB) has increased by 16% in the last 24 hours, and it is currently trading at slightly more than $0.03.
šØ Dr. Ren Zhang, the creator of CKB's consensus breakthrough "NC-Max," recently discussed PoW and PoS in Hong Kong.
šØ In the last day, there has been a notable 16% increase in the price of the Nervos Network (CKB) token.
#CKB #BTCš„š„š„š„š„š„ #BinanceLaunchpool #NervosNetwork #btcnews99
šØ Attention Binance Traders! šØ
Pro Tip: Keep a close watch on the funding rate when shorting any coin! š
CKB (Nervos Network) is heating up, with a stronger funding rate signaling a surge in short positions. But hereās the twistāCKB is showing resilience right after the funding rate kicks in!
Strategy Alert: Hold off on shorting for now. Wait for the funding rate to turn positive before making your move to avoid potential losses and catch the wave of market momentum!
Stay sharp, trade smart! š§
#Binance #CryptoTrading #CKB #NervosNetwork #FundingRate #TradingStrategy #CryptoTips
Pro Tip: Keep a close watch on the funding rate when shorting any coin! š
CKB (Nervos Network) is heating up, with a stronger funding rate signaling a surge in short positions. But hereās the twistāCKB is showing resilience right after the funding rate kicks in!
Strategy Alert: Hold off on shorting for now. Wait for the funding rate to turn positive before making your move to avoid potential losses and catch the wave of market momentum!
Stay sharp, trade smart! š§
#Binance #CryptoTrading #CKB #NervosNetwork #FundingRate #TradingStrategy #CryptoTips
š $CKB /USDT is up 53.64%, now trading at $0.01399! In just 4 hours, CKB spiked 37.49%, making it a top performer on Binance!
24h High: $0.014305
24h Low: $0.008723
Volume: 9.14B CKB
With 77.19% gains in 7 days, $CKB is breaking through resistance. Next target: $0.017! Will the momentum hold, or could we see a retest at $0.012?
Are you in on the breakout? š
#CKB #NervosNetwork #Binance #CryptoAnalysis #Altcoins
24h High: $0.014305
24h Low: $0.008723
Volume: 9.14B CKB
With 77.19% gains in 7 days, $CKB is breaking through resistance. Next target: $0.017! Will the momentum hold, or could we see a retest at $0.012?
Are you in on the breakout? š
#CKB #NervosNetwork #Binance #CryptoAnalysis #Altcoins
CKB: Is This the Start of a New Rally or a Pause Before the Drop?
Hey, crypto enthusiasts! Today, weāre analyzing CKB (Nervos Network), a project that has caught the attention of many traders recently with a sharp price spike. If you're wondering whether this rally has legs or if the coin is due for a correction, let's break down the chart and explore what could happen next.
Right now, CKB is trading around 0.0157, coming off an impressive surge from 0.0080 in just a few days! That's almost a 100% increase, but now the question is whether it can maintain this momentum or if weāre in for a pullback. Hereās what the technical indicators are showing.
Price Action: A Rapid Surge Followed by Resistance
If you look at the 12-hour chart, youāll notice that CKB recently broke through its 7-day and 25-day SMAsāwhich are key short-term indicators of market direction. The 7-day SMA sits at 0.0156, right around the current price, acting as immediate support after this big move upward. Meanwhile, the 99-day SMA at 0.0091 served as a resistance barrier before the breakout but is now far below the current levels. This indicates the short-term uptrend could still be in play. š
However, with the price cooling off slightly from its recent high of 0.0165, traders need to be cautious. If CKB can hold above 0.0150, it could consolidate before attempting another push higher. But if the price dips below this level, we might see a larger correction back toward the 0.0140 or even 0.0130 range.
MACD: Positive Momentum, But Is It Slowing?
Looking at the MACD (Moving Average Convergence Divergence), thereās still plenty of bullish energy left. The MACD line is comfortably above the signal line, which means the uptrend has strong momentum for now. The histogram shows a series of green bars, signaling sustained positive momentum. š
However, itās important to note that the MACD is starting to flatten out, which could be an early indication that the upward momentum is slowing down. If the MACD starts turning downward and the histogram begins to print red bars, we could see a reversal. Right now, itās still bullish, but weāre in a watch-and-wait situation.
Volume: Can It Support Another Move Up?
Volume is one of the most important indicators to watch during a rally like this. Currently, volume is at 705.178M, which is substantial but slightly lower than the volume seen during the start of the breakout. This tells us that while buyers are still active, the intensity may be fading. For CKB to push higher toward 0.0170 or beyond, weāll need to see another spike in volume. Without that, itās likely that this move could stall out and retrace back to more sustainable levels. š
Whatās Next for CKB?
So, where does this leave us? If youāre looking to get into CKB, now might be a good time to watch closely for either a confirmation of the current rally or signs of a pullback. If the price can break above 0.0165 with strong volume, it could rally toward 0.0170 or even test 0.0180.
On the other hand, if the price starts breaking below key support levels like 0.0150 or 0.0140, it could signal that a deeper correction is coming. In that case, short-term traders might look for better entry points at lower levels, while long-term holders may view it as an opportunity to accumulate more.
For those already holding, this could be a time to take some profits if you entered at lower prices, but if you're bullish on CKB's long-term potential, holding through any short-term volatility could pay off. š
What are your thoughts on CKB? Are you buying into this rally or waiting for a correction? Share your strategies and opinions in the comments! And donāt forget to follow me for more crypto insights and analysis! š„š¬
#CKB #NervosNetwork #Crypto #Investing #Trading
Right now, CKB is trading around 0.0157, coming off an impressive surge from 0.0080 in just a few days! That's almost a 100% increase, but now the question is whether it can maintain this momentum or if weāre in for a pullback. Hereās what the technical indicators are showing.
Price Action: A Rapid Surge Followed by Resistance
If you look at the 12-hour chart, youāll notice that CKB recently broke through its 7-day and 25-day SMAsāwhich are key short-term indicators of market direction. The 7-day SMA sits at 0.0156, right around the current price, acting as immediate support after this big move upward. Meanwhile, the 99-day SMA at 0.0091 served as a resistance barrier before the breakout but is now far below the current levels. This indicates the short-term uptrend could still be in play. š
However, with the price cooling off slightly from its recent high of 0.0165, traders need to be cautious. If CKB can hold above 0.0150, it could consolidate before attempting another push higher. But if the price dips below this level, we might see a larger correction back toward the 0.0140 or even 0.0130 range.
MACD: Positive Momentum, But Is It Slowing?
Looking at the MACD (Moving Average Convergence Divergence), thereās still plenty of bullish energy left. The MACD line is comfortably above the signal line, which means the uptrend has strong momentum for now. The histogram shows a series of green bars, signaling sustained positive momentum. š
However, itās important to note that the MACD is starting to flatten out, which could be an early indication that the upward momentum is slowing down. If the MACD starts turning downward and the histogram begins to print red bars, we could see a reversal. Right now, itās still bullish, but weāre in a watch-and-wait situation.
Volume: Can It Support Another Move Up?
Volume is one of the most important indicators to watch during a rally like this. Currently, volume is at 705.178M, which is substantial but slightly lower than the volume seen during the start of the breakout. This tells us that while buyers are still active, the intensity may be fading. For CKB to push higher toward 0.0170 or beyond, weāll need to see another spike in volume. Without that, itās likely that this move could stall out and retrace back to more sustainable levels. š
Whatās Next for CKB?
So, where does this leave us? If youāre looking to get into CKB, now might be a good time to watch closely for either a confirmation of the current rally or signs of a pullback. If the price can break above 0.0165 with strong volume, it could rally toward 0.0170 or even test 0.0180.
On the other hand, if the price starts breaking below key support levels like 0.0150 or 0.0140, it could signal that a deeper correction is coming. In that case, short-term traders might look for better entry points at lower levels, while long-term holders may view it as an opportunity to accumulate more.
For those already holding, this could be a time to take some profits if you entered at lower prices, but if you're bullish on CKB's long-term potential, holding through any short-term volatility could pay off. š
What are your thoughts on CKB? Are you buying into this rally or waiting for a correction? Share your strategies and opinions in the comments! And donāt forget to follow me for more crypto insights and analysis! š„š¬
#CKB #NervosNetwork #Crypto #Investing #Trading
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CKB Unveils Fiber Network for Decentralized Multi-Asset Payments
According to Foresight News, CKB has introduced the Fiber Network, a next-generation public lightning network designed to facilitate fast, low-cost, and decentralized multi-asset payments and peer-to-peer transactions. Built on Nervos CKB and off-chain channels, Fiber Network aims to provide efficient payment solutions for RGB++ assets. The prototype development has been completed, enabling the creation, updating, and closing of channels between two nodes. Additionally, cross-chain functionality with the Bitcoin Lightning Network has been verified. The network is set to go live next week for testing.
CKB stated that similar to the Bitcoin Lightning Network, Fiber Network operates as a layer-two payment channel solution, conducting transactions off-chain to enhance speed and reduce costs while maintaining blockchain security and decentralization. Fiber Network supports various assets, including CKB native tokens and any RGB++ assets. The overall architecture of Fiber Network comprises off-chain payment channels, on-chain contracts, multi-hop routing, and monitoring services.
CKB stated that similar to the Bitcoin Lightning Network, Fiber Network operates as a layer-two payment channel solution, conducting transactions off-chain to enhance speed and reduce costs while maintaining blockchain security and decentralization. Fiber Network supports various assets, including CKB native tokens and any RGB++ assets. The overall architecture of Fiber Network comprises off-chain payment channels, on-chain contracts, multi-hop routing, and monitoring services.
Nervos Network (CKB) Smashes Through the Ceiling with a 50% Surge in a Single Day!
$CKB just broke into the Top 100 cryptocurrencies after a massive 50% price surge, fueled by its recent listing on the Upbit exchange. Market volume soared 300%, signaling strong trading interest. š
Key Technicals:
ā”ļøRSI: 75 š (could hint at a short-term correction)
ā”ļøMACD & Awesome Oscillator show bullish momentum
ā”ļøSMA and EMA confirm upward trend
ā ļø While the surge is exciting, remember that high RSI levels often signal an overbought market, and volatility is on the rise. Keep an eye on those indicators!
#CKB #NervosNetwork #Upbit
$CKB just broke into the Top 100 cryptocurrencies after a massive 50% price surge, fueled by its recent listing on the Upbit exchange. Market volume soared 300%, signaling strong trading interest. š
Key Technicals:
ā”ļøRSI: 75 š (could hint at a short-term correction)
ā”ļøMACD & Awesome Oscillator show bullish momentum
ā”ļøSMA and EMA confirm upward trend
ā ļø While the surge is exciting, remember that high RSI levels often signal an overbought market, and volatility is on the rise. Keep an eye on those indicators!
#CKB #NervosNetwork #Upbit
CKBUSD Major bullish break-out. Expect more upside ahead.
Nervos Network (CKBUSD) broke this week above the 1D MA200 (orange trend-line) for the first time since June 17. This is a major bullish break-out signal as every time this happened historically after a Lower Highs trend-line break-out, the price in 3 cases made a new High and in 2 reached at least the 0.85 Fibonacci retracement level.
As a result, we expect a strong bounce on the 1D MA200 to target at least 0.02900.
Please LIKE š, FOLLOW ā , SHARE š and COMMENT ā if you enjoy this idea!
#NervosNetwork #crypto #CKBUSDT #signals #cryptocurrency
As a result, we expect a strong bounce on the 1D MA200 to target at least 0.02900.
Please LIKE š, FOLLOW ā , SHARE š and COMMENT ā if you enjoy this idea!
#NervosNetwork #crypto #CKBUSDT #signals #cryptocurrency