Nervos is a blockchain platform that solves scalability issues through a layered architecture: one layer for security and decentralization, and another for scalability. Its native token, CKB, is used for staking, rewards, and fees. On November 16, Nervos Network will unlock 1.34 billion CKB tokens, which is equivalent to 2.99% of the current supply.
Information about CKB
Nervos Network is an open blockchain platform and a set of open-source protocols designed to support decentralized applications and cryptocurrencies.
Nervos seeks to solve the scalability problem, which is a major concern for most blockchain platforms. The project uses a layered architecture:
• The CKB layer provides maximum security and decentralization.
• The second layer is used to scale and process large volumes of transactions.
The native token is CKB (Common Knowledge Byte), which represents storage space and computational resources within the blockchain. This token can be used as a means of payment for block rewards, staking, and transaction fees.
Interesting project to follow!