Network Blockchain NEtwork CKB

Nervos Network (CKB) CKByte Blockchain Network First Ecosystem Grant Awarded

March 7, 2020 Off By TCA PR

Nervos Network (CKB) is about the common knowledge base.  It facilitates, the multi-asset, store of the value on the blockchain.

The Nervos Network introduce themselves by stating that they are an open source public blockchain ecosystem providing a collection of protocols which solves the biggest challenges faced by the well-established blockchain like Bitcoin and Ethereum.

CKB stands for (Common Knowledge Base) and the Nervos Network is the layer 1 proof of work (PoW) public Protocol.

While allowing layer 2, most of the crypto assets can be stored with the security, immutability and the permissionless nature of Bitcoin facilitating smart contracts. It captures the total network value via its store of value and the crypto-economic design.  The native token for this blockchain is CKByte.

Nervos Network (CKB) CKByte – First Ecosystem Grant Awarded

Nervos Network (CKB) CKByte had their first ecosystem grant awarded recently. Nervos Network therefore tweeted:  “Join us in welcoming #blockchain development studio @obsidian_labs and cross-chain solutions provider @summa_one to our ecosystem — the first recipients of the #Nervos Grants Program delivering $BTC interoperability and a developer IDE.”

Sydney Ifergan, the Crypto Expert tweeted:  “Grant Program Submissions I think are made directly to the Network.  Ambitious developers with due skill will benefit from the Nervos Network (CKB) CKByte Ecosystem Grant.”

Nervos Network (CKB) CKByte – Running Anigamus

Nervos Network recently spoke about Running Anigamus which is an account layer meant for CKB which facilitates solutions to most of the programming hurdles associated with the #UTXO model Bitcoin. A detailed publication in this regard has been made. Developers should be interested in exploring it deep.

Anigamus is a sure fire game changes for developers who are interested in building on the Nervos #CKB network.  Anigamus will provide the benefits of Ethereum’s account model without compromising on the advantages facilitated by the UTXO model. It can be generalized for any asset type, but just for the nervou CKB.

Panpsychism was yet another concept related to universal consciousness that the Nervos network has been going gaga about.

The HuobiGlobal Finance Chain has established a partnership with Nervos Network and it is an open-source public blockchain which provides a regulator-friendly framework along with a high-performance architecture which is designed to support Decentralized Finance.

Of note, the Huobi Chain is Regulator friendly. They have a flexible governance model that is based on the (Dpos) consensus algorithm. They make use of KYC, AML, and DID to ensure regulatory compliance.

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