by Nervos Foundation
Quick Fact
Nervos blockchain combines a secure Proof-of-Work (PoW) base layer with flexible Layer 2 solutions to achieve scalability, interoperability, and a sustainable economic model. It is a versatile platform for decentralized applications (dApps) and digital assets.
Nervos Blockchain is a multi-layered blockchain ecosystem designed to provide a comprehensive solution for scalability, interoperability, and the creation of decentralized applications (dApps). The Nervos Network is unique because it combines a Proof-of-Work (PoW) blockchain called the Nervos CKB (Common Knowledge Base) with additional layers for enhanced scalability and smart contract capabilities.
The Nervos Network is built using a layered architecture, where each layer is optimized for different purposes. The base layer, Nervos CKB, serves as a store of value and provides data availability and security. Layer 2 solutions are built on top of CKB to handle high-volume transactions and enable smart contracts and dApps. This architecture allows Nervos to maintain a high level of security while still achieving scalability and flexibility.
Nervos is designed with interoperability in mind, aiming to connect various blockchains and enable seamless interaction between different ecosystems. It allows developers to build cross-chain applications that can interact with multiple blockchains, enhancing the versatility and functionality of dApps. The Nervos Network supports a universal approach to blockchain, allowing assets, information, and smart contracts to be moved freely across different platforms.
The Nervos Blockchain employs a unique economic model known as the Crypto-Economic Nervos DAO; This model aims to ensure long-term sustainability by aligning incentives between users, developers, and the network itself. The Nervos DAO allows token holders to lock their tokens to participate in the network’s governance and earn rewards, promoting a more decentralized and community-driven ecosystem.