Nervos Network update: CKB Live price, price chart, news and markets

The CKB price update as of now is $0.004911. In the previous 24 hours, its trading volume was $7,547,508, and its value has decreased by -6.15%. As of now, CKB's live market cap is $228,674,883, and it is ranked as the #218 on the Coincu. CKB has a circulating supply of 47,320,651,089 and a maximum supply of 47,320,651,089.

The Revolutionary Nervos Network (CKB) The Nervos Network (CKB) is an open-source project that combines blockchain and dApp platforms. It aims to overcome the challenges faced by major blockchains like Bitcoin and Ethereum by incorporating multiple protocols and creating a blockchain community ecosystem. Powered by Nervos App Chain, the Nervos Network provides an enhanced user experience with its high-performance decentralized security mechanism. Unlike other blockchains, Nervos Network does not rely on a consensus algorithm, resulting in superior network performance. The Core Structure of Nervos Network The Nervos Network consists of two layers that can run simultaneously on multiple programs, optimizing transaction processing capacity and reducing fees. The network is decentralized, allowing for the deployment of various dApps. The layers are: - Layer 1: Nervos Common Knowledge Base (CKB) - The base layer of the Nervos Network, focused on solving security and decentralization issues. It serves as the foundation for the development of subsequent layers. - Layer 2: This layer includes the Sidechain, State Channel, and Plasma Chain, providing solutions for scalability limitations and dApp-related problems. The layered structure of Nervos Network makes it an ideal platform for dApp developers. The Problem Nervos Network Addresses Major blockchains like Bitcoin and Ethereum face scalability issues, limiting the potential for cryptocurrency projects to thrive. Nervos Network addresses this by offering interoperability and scalability solutions. - Bitcoin, while secure, can only store its native token, posing scalability challenges. - Ethereum, popular for tokens and smart contracts, faces sustainability issues. Solutions Offered by Nervos Network Nervos Network addresses the above problems through its ecosystem and protocols, including Layer 2 solutions. It optimizes transaction capacity while ensuring secure and decentralized transactions on Layer 1. The layers are: - Layer 1: Common Knowledge Base (CKB) - An open, public, and PoW-based blockchain structure prioritizing decentralized security. - Layer 2: This layer addresses scalability issues through solutions like Sidechain, Plasma Chain, and State Channel. With strong scalability and competitive transaction costs, Layer 2 provides a foundation for Layer 1's safety, security, and decentralization. Highlights of Nervos Network High Interoperability Nervos Network enables users to access any cryptocurrency platform and application within its ecosystem. It also boasts excellent interoperability with other blockchains, enhancing the overall user experience. Global Application Scope The Nervos network simplifies the launch of dApps, providing access to multiple dApps from a single platform. Flexible Code Structure Nervos Network features a flexible and efficient code structure, allowing any dApp to leverage blockchain technology and smart contracts. The VM server simplifies and enhances the deployment of dApps on Nervos Network for developers. Roadmap For the full details of the roadmap, please visit the Nervos Network link.