Nervos Network (CKB) concerns the common knowledge base. It facilitates multi-asset storage of value on the blockchain.
The Nervos network introduces itself by declaring that it is an open source public blockchain ecosystem providing a collection of protocols that solves the biggest challenges facing the well-established blockchain like Bitcoin and Ethereum.
CKB stands for (Common Knowledge Base) and the Nervos network is the public proof of work (PoW) layer 1 protocol.
While allowing Layer 2, most crypto assets can be stored with security, immutability and unauthorized nature of Bitcoin facilitating smart contracts. It captures the total value of the network via its store of value and the crypto-economic design. The native token of this blockchain is CKByte.
Nervos Network (CKB) CKByte – First ecosystem grant awarded
Nervos Network (CKB) CKByte recently received its first ecosystem grant. Nervos Network therefore tweeted: “Join us to welcome the #blockchain development studio @obsidian_labs and the cross-chain solution provider @summa_one into our ecosystem – the first beneficiaries of the #Nervos grant program offering $ BTC interoperability and a developer IDE.”
Sydney Ifergan, the Crypto expert tweeted: “I think that submissions to the subsidy program are made directly to the network. Ambitious developers with the required skills will benefit from the subsidy of the CKByte ecosystem of the Nervos network (CKB). “
Nervos Network (CKB) CKByte – Running Anigamus
Nervos Network recently talked about running Anigamus, an account layer for CKB, which eases solutions to most of the programming hurdles associated with the Bitcoin #UTXO model. A detailed publication in this regard has been published. Developers should be interested in exploring it in depth.
Anigamus is a safe shooter change for developers who want to build on the Nervos #CKB network. Anigamus will provide the benefits of the Ethereum account model without compromising the benefits facilitated by the UTXO model. It can be generalized for any type of asset, but only for the CKB nerve.
Panpsychism was yet another concept linked to the universal consciousness that the Nervos network began to gaga.
The HuobiGlobal financing chain has established a partnership with Nervos Network and it is an open source public blockchain that provides a user-friendly framework for the regulator as well as a high performance architecture designed to support decentralized finance.
It should be noted that the Huobi chain is compatible with regulators. They have a flexible governance model based on the consensus algorithm (Dpos). They use KYC, AML and DID to ensure regulatory compliance.