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Nervos Network Price

(CKB)

$0.000904
0.00%(5m)

1m5m15m1h8h1d1W
Nervos Network (CKB) Live Price Chart

    Nervos Network Live Price Data

    The live price of Nervos Network is 0.000904, with a total trading volume of -- in the last 24 hours. The price of Nervos Network changed by +2.26% in the past day, and its value has decreased by -1.95% over the last week. With a circulating supply of 49.16B CKB, the market cap of Nervos Network is currently 0 , marking a +2.26% increase today. Nervos Network currently ranks #417 in market cap.

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    Note: This data is for reference only.
    pk

    CKB(CKB) Profile

    altRank417
    rateBB
    Expand
    $0.000884
    $0.000933

    ATH
    $0.04412336
    Price Change (1h)
    0.00%
    Price Change (24h)
    +2.26%
    Price Change (7d)
    -1.95%
    Market Cap
    24h Volume
    Circulating Supply
    49.16B
    Max Supply
    --

    About Nervos Network

    • What Is Nervos Network (CKB) Crypto?

      The Nervos Network, or the Nervos CKB (Common Knowledge Base), is a public, permissionless Layer-1 blockchain that manages data and assets in a highly secure and decentralized manner. The Nervos blockchain forms the base layer of the Nervos ecosystem, while Layer-2 solutions built on top of its infrastructure offer scalability and near-instant transaction times.

      The Nervos CKB also serves to store value within the Nervos Network in a public, secure, and censorship-resistant manner. It offers decentralized custody services for assets, identities, and other common knowledge created on Nervos.

      Nervos aims to offer a multi-layer architecture developed with security and decentralization at its core. It aims to be a blockchain platform for universal applications, going beyond trying to achieve blockchain interoperability.

      CKByte or CKB is the native token of Nervos, and each CKByte token allows its holder access to one byte of data storage on the decentralized network. The CKB token also serves as the currency of the Nervos blockchain and is used to pay transaction and computation fees.

    • How Does Nervos Network Work?

      Nervos supports smart contract functionality and can run decentralized applications (dApps) on its blockchain. The developer-friendly blockchain can host dApps programmed in popular languages, including JavaScript, Rust, and C.

      Nervos lets dApps store data and state on-chain, allowing developers a platform for building complex applications and programs. They can also issue customized tokens on the Nervos Network conveniently.

      All applications running on the network need CKB-VM for operations. This is a high-performance RISC-V virtual machine where developers can design and build dApps in a convenient and flexible environment. CKB-VM also supports multiple instances that can execute different smart contracts concurrently, supporting scalability on Nervos via parallelization.

      The Nervos blockchain utilizes a Proof-of-Work (PoW) consensus algorithm called NC-MAX. Built using Bitcoin’s Nakamoto Consensus, NC-MAX offers higher throughput, lower confirmation times, and higher efficiency than the Bitcoin network. Its throughput is already 10x that of Ethereum, and Layer-2 solutions could increase this figure significantly.

    • History of Nervos Network and CKB Coin

      Nervos was launched in 2018 to improve Layer-1 scalability, especially on blockchain networks that supported smart contracts. The Nervos mainnet launch took place in November 2019.

      The project is being developed by a team of over 95 developers with varied backgrounds spanning engineering, cryptography, token economics, and community building. Following its mainnet launch, the team added vital features, including Forcebridge Ethereum and Forcebridge Binance Smart Chain, and launched Godwoken - an EVM-compatible Layer-2 network built on the Layer-1 Nervos blockchain.

      The Nervos Network underwent a hard fork in 2022 to launch a new Mirana mainnet. The layer-2 network Godwoken was upgraded and spun off into an independent organization. The new version of the layer-2 solution offered Ethereum equivalence for 100% compatibility with the Ethereum blockchain.

      The developers also worked on Axon, a sidechain SDK. This layer-2 sidechain was designed for dApps that require high throughputs, such as gaming or social networking, with access to its data availability layer instead of storing data on the layer-1 Nervos CKB network.

    FAQ

    • How much is 1 Nervos Network (CKB) worth?

    • Is Nervos Network a Good Investment?

    • Can Nervos Network Reach $1?

    • What Is CKB Token Used For?

    • How to Stake CKB on Nervos Network

    • What Consensus Algorithm Does the Nervos Network Use?

    • How to Add Nervos Network to MetaMask

    • What is the all-time high price of Nervos Network (CKB)?

    • What is the all-time low price of Nervos Network (CKB)?

    • How much Nervos Network (CKB) is there in circulation?

    • How do I store Nervos Network (CKB)?