@CKB Eco Fund

Project Introduction: Nervos CKB is a public blockchain based on the PoW + UTXO model, fully isomorphic to BTC, aimed at providing cross-chain interoperability and scalability support for the Bitcoin ecosystem. CKB enhances the programmability and interoperability of Bitcoin through the RGB++ protocol, mapping Bitcoin UTXOs to CKB Cells, thereby enabling smart contract functionality and bridge-less cross-chain for Bitcoin L1 UTXO assets. CKB expands Bitcoin through the Fiber Network, promoting the circulation of multiple assets within the Bitcoin Lightning ecosystem. CKB accelerates the large-scale adoption of the Lightning Network through the UTXO Stack and provides better liquidity and yield models through a decentralized staking protocol. The CKB mainnet was launched in November 2019 and completed its first mining output halving in November 2023. As JoyID supports the Lightning Network testnet, CKB will further enhance the decentralized payment experience. The Fiber Network is also set to launch its mainnet soon, bringing new breakthroughs in multi-asset circulation and cross-chain efficiency, truly realizing decentralized expansion of the Bitcoin ecosystem.