Nervos Network (CKB) price, chart, coin profile and news
Find the latest Nervos Network (CKB) price, coin profile, news and history to get you started with Nervos Network trading and investing.
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What is Nervos Network?
Nervos Network is an open-source public blockchain ecosystem and collection of protocols that is geared towards solving blockchain problems. According to the whitepaper, the Nervous Network aims to be the foundational layer of the whole ecosystem, which developers and users can utilise to move across blockchains. It achieves this by implementing a layered blockchain approach.
The Nervos Common Knowledge Base (CKB) is a layer-1 Proof-of-Work (PoW) public blockchain that provides decentralisation and security. The layer-1 works in conjunction with layer-2 protocols to provide the scaling solutions required for the system.
CKByte (Common Knowledge Byte, or CKB) is the native token of the Nervos Network. The CKB token was developed to capture network value through a "store of value" design. It gives users the ability to occupy a piece of the blockchain’s overall state. A user that holds CKB can create a cell with bytes in capacity and can use those bytes to store assets or other types of common knowledge. Miners are compensated with block rewards and transaction fees in the form of CKB tokens. CKB holders can earn staking rewards by depositing and locking their tokens into a special inflation shelter called the Nervos DAO.
Nervos Network (CKB) is the 216th largest cryptocurrency in the world by market cap, valued at $145,128,585. The current price of Nervos Network is $0.006086584, which is 0.000% lower than yesterday. Prices have ranged between $0.006125546 and $0.005873644 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 28, 2022 02:05 UTC.
Recent Nervos Network developments
December 2021: Nervos Network added an EVM-compatible protocol to the network, allowing developers to work cross-chain.
Nervos Network (CKB) priceUse our graph to track the performance of (CKB) over time.
Nervos Network at a glance
|All time high||AUD$0.084|
|All time high date||March 13, 2020|
|Notable team members||Terry Tai, Kevin Wang, Daniel Lv|
|Partnerships||Theta Network, Huobi Group, IOHK, China Merchants Bank International|
|Token uses||Utility token|
Nervos Network price performance over time
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Proof of Work vs Proof of Stake
Disclaimer: Cryptocurrencies, including Nervos Network, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of CKB is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Nervos Network or any other cryptocurrency discussed.
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