eUTXO
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#BinanceVietnamSquare
#CKB
#cellmodel
#UTXOs
#eUTXO
CKB is different, unique, and has a very solid foundation.
Up to now, CKB is a 4-year-old PoW blockchain with hashrate increasing steadily over the years. This means that CKB as designed, is on its way to becoming a settlement layer in the future.
One of the special features of CKB is that its ledger structure is in the form of eUTXO. CKB uses a more modern variation of UTXO called cell-model and when combined with the CKBVM virtual machine (a RISC-V virtual machine) it allows:
1. Use most languages ââthat compile to a RISC-V binary (not immediately, but more according to the included development tools). Currently there are 5 supported languages: C++, C, Rust, Lua and about 2 months ago, JavaScript was added.
2. All programs can be turring-complete - meaning you can write whatever you want, without any restrictions.
3. Let's call each UTXO a storage unit - can store anything in any format, including videos, movies or images on-chain - as long as you have enough CKB to store it all, These UTXOs are called cells. These cells can reference the smart contract source code stored in different cells and use it as a smart contract.
4. The third feature allows creating "real" NFTs on CKB without having to worry about CKB being flooded to death like with Ordinal on Bitcoin. https://spore.pro/ is the application that allows me to do this. Users can upload movies and when needed can reclaim CKByte storage space and do whatever they want.
#CKB
#cellmodel
#UTXOs
#eUTXO
CKB is different, unique, and has a very solid foundation.
Up to now, CKB is a 4-year-old PoW blockchain with hashrate increasing steadily over the years. This means that CKB as designed, is on its way to becoming a settlement layer in the future.
One of the special features of CKB is that its ledger structure is in the form of eUTXO. CKB uses a more modern variation of UTXO called cell-model and when combined with the CKBVM virtual machine (a RISC-V virtual machine) it allows:
1. Use most languages ââthat compile to a RISC-V binary (not immediately, but more according to the included development tools). Currently there are 5 supported languages: C++, C, Rust, Lua and about 2 months ago, JavaScript was added.
2. All programs can be turring-complete - meaning you can write whatever you want, without any restrictions.
3. Let's call each UTXO a storage unit - can store anything in any format, including videos, movies or images on-chain - as long as you have enough CKB to store it all, These UTXOs are called cells. These cells can reference the smart contract source code stored in different cells and use it as a smart contract.
4. The third feature allows creating "real" NFTs on CKB without having to worry about CKB being flooded to death like with Ordinal on Bitcoin. https://spore.pro/ is the application that allows me to do this. Users can upload movies and when needed can reclaim CKByte storage space and do whatever they want.