The Nervos Network, also known as Common Knowledge Base (CKB), serves as the foundation of the Nervos ecosystem, ensuring trust for all subsequent layers. Its multi-layer architecture aims to securely store data and assets in a decentralized and flexible manner. Layer 1 prioritizes security and decentralization while Layer 2 focuses on scalability, enabling millions of transactions. This layered approach addresses the common trade-offs between scalability, security, and decentralization faced by decentralized systems. As a result, Nervos Network achieves optimal performance without compromising on security.
The Nervos Network has developed the NC-MAX consensus mechanism, which builds upon the proven Proof-of-Work (PoW) approach to enhance block propagation and throughput, as well as improve the network's resistance to attacks. The multi-layer architecture prioritizes security and decentralization, with Layer 1 providing trust through a robust consensus mechanism and Layer 2 enhancing scalability. The Cell Model provides a novel approach to data representation, while the economic model centers around the native token, CKB, which serves multiple purposes including transaction fees and incentivizing network participants. Finally, Nervos introduces the CKB-VM, a flexible and secure virtual machine that enables developers to execute smart contracts in a high-performance environment.
CKB has a total supply of 44,714,063,349. The current circulating supply of CKB is 44,029,040,536.
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