Article Summary, Automatically Generated By AI
Summary of Wrapped Nervos Network
- Nervos Network: open-source public blockchain ecosystem and collection of protocols
- Nervos CKB (Common Knowledge Base): layer 1, proof of work public blockchain protocol
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Features:
- Stores any crypto-asset with Bitcoin-like security, immutability, and permissionless nature
- Enables smart contracts and layer 2 scaling
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Goals:
- Capture total network value through “store of value” crypto-economic design
- Native token: CKByte
Introducing Wrapped Nervos Network: A Revolutionary Blockchain Ecosystem
The Nervos Network is a decentralized, open-source public blockchain ecosystem comprising a collection of protocols. At its core lies the Nervos CKB (Common Knowledge Base), a layer 1, proof-of-work public blockchain protocol. This innovative protocol enables the secure storage of any crypto-asset, leveraging the same level of security, immutability, and permissionless nature as Bitcoin, while also facilitating smart contracts and layer 2 scaling. The network’s “store of value” crypto-economic design, coupled with its native token, the CKByte, aims to capture the total network value.