CKB(Nervos)

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What is CKB(Nervos)

 

“Nervos CKB”, fully named “Nervos Common Knowledge Base”.

 

The Nervos Network is an open source public blockchain ecosystem and collection of protocols solving the biggest challenges facing blockchains like Bitcoin and Ethereum today.The Nervos Network is a decentralized application network with a layered architecture. The CKB (Common Knowledge Base) is a public blockchain protocol which is the foundational layer of the Nervos Network and designed to serve as the trust engine of the whole ecosystem. Aligned with Nervos’s goal of building a layered architecture, CKB is the layer that stores assets and provides arbitration for all the upper-level layers and allows the deployment of limitless possibilities for the configurations of different Layer 2 protocols.

Nervos Network includes a layered protocol based on blockchain technology, which guarantees network security and decentralization through a layer of public chain protocol. The Layer 2 protocol provides scalable transaction and computing services and multiple application layer protocols to connect business scenarios to build the common infrastructure of the next generation of cryptoeconomic networks.

The role of CKB: 

CKB is not only the native token of the CKB network, but also represents a piece of storage space that can be written with data. Having one CKB means that you can write 1 Byte of data on CKB's Layer 1. It is the global consensus space, which is used by the node to store the current global state, and needs to be stored in the memory provided by the node. Therefore, CKB is a scarce resource.

Token Status and Distribution

Total supply: 33.6 billion

Circulation rate when main net launch: 36.8%

20% of the total supply will be available for public sale 1 CKB = 0.01 USD(Official sale is scheduled on mid-September at CoinList)

Burned when main net launch: 25%

Ecology foundation:18.5%

Team:15%

Private Sale: 14% (0.006USD)

Partner:5%

Foundation:2%

Test Net:0.5%

Useful Link

 

Official website: https://www.nervos.org/

Whitepaper:https://github.com/nervosnetwork/rfcs/blob/master/rfcs/0002-ckb/0002-ckb.md