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Nervos Network defines itself as an open-source public blockchain ecosystem and a community of protocols.
What is Nervos Network (CKB)?
Nervos CKB (Common Knowledge Base) is the layer 1 public blockchain protocol of the Nervos Network, functioning as a proof of work. Reportedly, it allows for the storage of any crypto asset with the security, immutability, and permissionless nature of Bitcoin, while providing smart contracts and layer 2 scaling. It aims to capture the total network value through its “store of value” crypto-economic design and its native token, CKByte.
Early internet applications existed in segregated networks with different access and interaction needs. Now, in today’s decentralized world, we see this separation again in different ecosystems with weak interoperability. Nervos Network addresses this issue by offering a suite of integrated solutions that enable developers to create Universal Applications.
The features of the Nervos Network are listed as follows:
- Access to any asset, any Blockchain: Users choose their interfaces, select their cryptocurrency, and stay connected, yet still have rights to the entire space.
- Operation of dApps in any wallet or solution: Users can benefit from the power of Universal Applications while navigating in any of their chosen solutions.
- Flexible coding and development of dApps: Users building on Nervos can target any Virtual Machine (VM), allowing for easy portability of dApps and instant access to the entire blockchain ecosystem.
- Seamless scaling with Layer 2 solutions: Users can experience scalability in action with operational, robust Layer 2 scaling solutions.
CKB Coin Review
In the current market conditions, CKB coin is observed to be followed by investors. While some investors express that CKB coin is preparing for a rise, others think it’s not yet time for a rise. However, based on statements, the CKB coin is considered strong due to the platform behind it.
According to CoinMarketCap data, at the time of writing, the Nervos Network coin is trading at 0.0119 USD against the dollar and at 0.0000003483 BTC against Bitcoin. It is worth mentioning that the Nervos Network coin saw its highest level at 0.0441 dollars on March 31, 2021, and its lowest level at 0.0026 dollars on March 13, 2020.
Additionally, it’s announced that the total supply of CKB coin will be 32,655,132,322 CKB Coins.
How to Buy Nervos Network Coin?
CKB Coin can be purchased quickly and securely through Binance, the world’s largest cryptocurrency trading platform by transaction volume.
To buy CKB Coin, one must first register with Binance and then send fiat currency. After sending a fiat currency like the Turkish Lira or the dollar, the purchase can be made in the CKB trading pair using Bitcoin (BTC), Tether (USDT), and BUSD.
In addition, on Binance, users can place a buy order not only at the market value but also at a lower value. For this, use the Limit tab and enter the amount and price you want to buy.
