Connect with us

Published

on

Follow Us

Follow Us @

Dissecting the CKB Coin Crypto and its Price Movement

Liputan6.com, Jakarta – The Nervos Network describes itself as an ecosystem blockchain public open source and protocol collection. Reporting from the official website, Nervos has its own crypto, namely Nervos CKB or often called Nervos coin.

Nervos CKB is a layer 1 proof of work protocol blockchain public of the Nervos Network. In this layer allows any crypto asset to be stored with security while enabling smart contracts and scaling at layer 2.

Advertisement

It aims to capture total network value through the cryptoeconomic design of Nervos' native store of value and token. Nervos was founded in 2018 by a group of people who are members of several communities such as ETH Fans to development blockchain Cryptape.

Nervos is designed to allow unlimited scalability and flexibility without reducing network security due to its multi-layer architecture.

The Nervos Network consists of a number of protocols and it is important to have clear technical documentation and specifications on the design and implementation of the main protocols.

“We started this document with a detailed examination of the problems facing permissionless public blockchains today and the solutions that exist to try to solve them,” said Nervos in the project's white paper, as quoted Friday (7/6/2024).

Advertisement

“We then provide high-level guidance of all parts of the Nervos Network, with a focus on how they work together to support the overall vision of the network,” the Nervos explanation continued.

Price of Nervos coin or Nervos (CKB)

Based on data from Coinmarketcap, Friday (7/6/20244), the price (CKB) was IDR 288.28 with a 24-hour trading volume of IDR 454.3 billion

CKB weakened 2.09 percent in the last 24 hours. Meanwhile, the current Coinmarketcap ranking is 108 with a market capitalization of IDR 12.7 trillion. To date, there has been a circulating supply of 44.3 billion CKB out of a maximum supply of 44.9 billion coins.

Advertisement

Disclaimer: Every investment decision is in the hands of the reader. Study and analyze before buying and selling Crypto. Liputan6.com is not responsible for profits and losses arising from investment decisions.

Dissecting the CKB Coin Crypto and its Price Movement

Follow TODAYSGIST on Google News  and receive alerts for the main trending news on cryptocurrency, market trends, upcoming events, predictions, sanctions and lots more!

SHARE POST AND EARN REWARDS:

Did you like this post?!!! Join our Audience reward campaign and make money reading articles, shares, likes and comment >> Join reward Program

Advertisement

FIRST TIME REACTIONS:

Be the first to leave us a comment, down the comment section. click allow to follow this topic and get firsthand daily updates.

JOIN US ON OUR SOCIAL MEDIA: << FACEBOOK >> | << WHATSAPP >> | << TELEGRAM >> | << TWITTER >

#Dissecting #CKB #Coin #Crypto #Price #Movement
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending