What Is Nervos Network (CKB)?

As adoption and awareness of blockchain technology increase, so have the number of applications that are launched on various emerging blockchain networks. A multitude of blockchains have sprung up, each built with different parameters and consensus models, not to mention varying transaction schemes and smart contract functionalities to serve different purposes. 

While increased adoption is a good sign pointing toward developers thinking outside the box, it also presents challenges of scalability and interoperability. Simply put, chains operating in isolation limit the possibility for mass adoption, as well as people's capacity to enjoy the full benefits of decentralized ledger technology.

In response to these challenges, Nervos Network was founded in 2018 to create a truly peer-to-peer crypto-economy network. A multi-asset store-of-value blockchain ecosystem, it leverages a unique dual-layer architecture to improve scalability and interoperability. 

What Is Nervos Network?

Nervous Network is a solution for the lack of scalability and interoperability that plagues most Layer 1 blockchain networks. It was named after the body’s nervous system — its network shares a similar layered structure, with a separate layer that serves as a consensus generation layer and smart custodian, as well as another layer designed for high-performance transactions and privacy protection.