HANGZHOU, 中国, June 22, 2024, Chainwire
In a groundbreaking analysis, leading cryptocurrency research firm Messari has published a comprehensive overview of the Nervos Network (CKB), highlighting its pivotal role in improving Bitcoin's technological framework. The report details how Nervos leverages its innovative Layer-1 blockchain and RGB++ protocol to address critical scalability and programmability challenges within the ecosystem.
According to the report, Nervos Network not only extends Bitcoin's core technologies but also introduces significant improvements with its cellular model and CKB-VM. These advances facilitate more complex applications and transactions on blockchain without sacrificing the basic principles of decentralization and security.
Messari's research further highlights the RGB++ protocol, an evolution of the original RGB protocol that enables smart contracts and the issuance of assets directly on the Bitcoin blockchain. Since its implementation, the RGB++ protocol has driven a notable increase in network activity, including 181% month-over-month growth in new addresses in April, demonstrating the strong community reception and impact of the protocol.
Payment channel integration with the Lightning Network is also underway, promising to make Nervos Network more scalable and versatile for various blockchain applications. This development is set to further cement CKB's position as an essential layer to the functioning and accessibility of Bitcoin.
“The Messari report reaffirms our belief in Nervos CKB’s Bitcoin-native approach to solving long-standing issues in the Bitcoin space,” said Baiyu, leader of the CKB Green Fund. “As we continue to innovate and expand our ecosystem, this recognition underscores CKB's significant potential to support Bitcoin's evolution into a more robust and versatile blockchain platform.”
Messari's comprehensive report not only sheds light on the technical merits of Nervos Network, but also positions it as a formidable competitor in the blockchain space, capable of driving future innovations and increasing the overall utility of Bitcoin.
For more information and to access the full report, users can visit .
About Nervos CKB:
CKB is BTC's first fully isomorphic L2 (PoW+UTXO), offering a more decentralized, secure and Bitcoin-compatible L2 solution.
CKB scales Bitcoin programmability and interoperability with the RGB++ protocol, which maps Bitcoin UTXO to CKB Cells, enabling the seamless transfer of Bitcoin L1 UTXO-based assets, such as Ordinals, Atomicals, and Taproot, to CKB without any bridge between chains and vice versa. UTXO Stack, a CKB-secured Bitcoin L2 “OP Stack” powered by RGB++, enables high-performance parallel chains, offering nearly unlimited scalability without compromising security. CKB Lightning Network will connect to Bitcoin's Lightning Network, facilitating a two-way, censorship-resistant, permissionless and trustless flow of assets between the two networks.
The CKB mainnet launched in November 2019 and completed its first mining reward halving in November 2023.
ContactCKB MKT ecological fundkelly jinCKB ecological fund[email protected]
This article was originally published on Chainwire.
