CKB (CKByte) is the native token of the Nervos Network.

Nervos Network and its native token CKB are players in the world of blockchain scalability and interoperability. Here’s a breakdown of what they are and what they do:

Nervos Network

What it is: Nervos Network is a public, open-source, proof-of-work blockchain designed with scalability and modularity in mind. It aims to address the limitations of existing blockchains by offering a layered architecture that separates application logic from the base layer. This allows for more efficient scaling and greater flexibility for developers.

Key features:

Scalability: Nervos Network utilizes a dual-layer architecture with Common Knowledge Base (CKB) as the base layer for security and Layer 2 solutions for scalability and specific use cases.
Interoperability: Nervos Network is designed to be interoperable with other blockchains, allowing for seamless communication and transfer of assets between different ecosystems.
Security: The base layer (CKB) is secured by a Proof-of-Work mechanism, offering a high level of security.
CKB Token

What it is: CKB (CKByte) is the native token of the Nervos Network. It serves several purposes within the network:

Transaction fees: Users pay CKB to cover transaction fees on the Nervos Network.
Storage fees: CKB is used to pay for storing data on the Nervos Network. Notably, one CKB allows you to store one byte of data permanently.
Governance: In the future, CKB holders may be able to participate in governance decisions affecting the network.
Overall, Nervos Network and CKB offer a unique approach to blockchain scalability and interoperability. The modular design and focus on security make it an interesting project to watch in the evolving blockchain landscape.

Here are some additional resources you might find helpful:

Nervos Network website: https://www.nervos.org/
Nervos Network whitepaper: https://www.docdroid.net/aB6OSXo/nervos-white-paper-pdf
Nervos Network on GitHub: https://github.com/nervosnetwork/ckb
CoinMarketCap page for CKB: https://coinmarketcap.com/currencies/nervos-network/historical-data/

CKB
Total supply:	45,179,355,094 CKB
x:	@nervosnetwork

data statistics

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