Does anyone use the CKB coin public chain? What is the prospect of CKB public chain?

The recent continuous rise in the price of CKB currency has attracted the attention of investors, and its public chain Nervos has become a hot topic. The Nervos public chain was once known as the strongest public chain in China and the only blockchain on the market that supports all encryption primitives. The Nervos public chain not only interoperates seamlessly with all heterogeneous blockchains, but also anchors all types of side chains, state channels, and layer 2 networks. The Nervos public chain also comes with protocol-level account abstraction by default, giving decentralized applications an unparalleled user experience. But with the CKB coin market downturn, will anyone use the CKB coin public chain? It has become a talking point in the currency circle. At present, some people still use it. Since some people use it, they need to understand the prospects of the CKB public chain? Overall, it’s pretty good. Let’s talk about it in detail below.

Does anyone use the CKB coin public chain?

Some people use the CKB coin public chain. The CKB coin public chain is Nervos. Nervos is a network composed of multiple blockchains. In the entire Nervos network, there is only one basic public chain, that is, there is only one chain in the first layer. This layer ensures security and decentralization, and what needs to be achieved is global consensus, so performance is not the primary consideration. However, what distinguishes Nervos from other public chains such as traditional Bitcoin or Ethereum is that at the beginning of the design, the optimization of the second layer was taken into consideration, maximizing the guarantee that the second layer can freely improve performance and add functions.

Nervos was originally designed to build a modular blockchain network, meaning it can be expanded through a variety of second-layer networks, enabling millions of transactions per second while ensuring security and decentralization. CKB provides basic security, and the second layer network built on it guarantees unlimited scalability.

Nervos has a consensus mechanism, its virtual machine, its encryption economic mechanism, its P2P communication Internet, etc. The most impressive thing among them is its programming model, encryption economic mechanism and consensus mechanism. This is also a very important aspect to understand the characteristics of Nervos. The core keywords include CKB virtual machine, Cell model, and secondary issuance of tokens.

What is the prospect of CKB public chain?

At present, the prospects of CKB public chain are good. Nervos’ white paper is one of the few white papers that can explain the blockchain very well. It directly reflects the team’s profound skills and is closely related to the In-depth understanding of blockchain technology and cryptoeconomic models. Nervos has a clear understanding of blockchain technology and cryptoeconomics. It has the opportunity to become a new catfish in the public chain market, disrupting the public chain market and achieving greater breakthroughs.

Due to its deep understanding of the core characteristics of public chains, Nervos Network does not compromise on its underlying layers. Therefore, they did not adopt consensus protocols like dpos to improve performance.

The layer1 blockchain of Nervos Network is NervosCKB, which is the public knowledge base. The public knowledge base that Nervos refers to can be understood as an open, transparent, and irreversible fact that is recorded and saved through a decentralized mechanism. It is a fact that everyone can read. It is therefore called public knowledge. Buying and selling , status, data, etc. can be included. CKB uses the PoW consensus mechanism, which makes it censorship-resistant and self-running. It allows any node to participate freely.

Nervos adopts a layered design to separate state and calculation so that layer1 and layer2 can each play a greater role. Layer1 provides a basic global consensus, while layer2 has more flexible and scalable features, making the network more efficient and sustainable.

With the foundation of Nervos layer1, the situation generation of Nervoslayer2 has more flexibility. The status generation of Layer 2 can originate from a private chain, from a permissionless public chain, or from status channels, or even from status generated locally by some existing Internet services and promotion clients.

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