Main Applications of CKB (Nervos Network) Cryptocurrency
The CKB (Common Knowledge Base) cryptocurrency is the native token of Nervos Network, a multi-layer blockchain platform that aims to solve interoperability, scalability, and security issues in the blockchain space. Here are the main applications of CKB:
1. Interoperability and Flexibility
The Nervos Network enables developers to build decentralized applications (dApps) that run on multiple blockchains without the need for customization. This is possible thanks to the network’s flexible design, which uses the RISC-V architecture to customize smart contracts. Nervos’ interoperability is enhanced by bridges that connect ecosystems like Ethereum and Cardano, giving developers access to multiple networks with a single dApp.