Pages:
Author

Topic: [ANN]Nervos Network[CKB]•Godwoken V1 is LIVE•Interopability•EVM•L1+L2•POW•dAPP• - page 4. (Read 1143 times)

newbie
Activity: 21
Merit: 0
Maybe I'm stupid, but why is POW in the title of this post but you can't mine anything...
member
Activity: 694
Merit: 10
In Nervos we trust.
the diagram for partners and ecosystem for this project is quite impressive!

based from your roadmap, you have done your private and public sale, 4 and 3 years ago, respectively. is this your first thread in the forum? i guess a lot of those small buyers of your token are not expecting anymore that you will go live this year.

so in short, right now, where exactly is the project? are there other projects that are already utilising your services?
Thanks, the diagram is really impressive Smiley
Yes, this is the first thread on the forum.
$CKB entered the market a few years ago and are successfully trading.
Most points of the current roadmap have been successfully completed, the roadmap for 2022 will soon be updated and published
Now the project is at the stage of adjusting bridges between blockchains, the bridge with ETH and BSC is already ready, we are waiting for the bridge with ADA.
Nervos network have bridges, swap, nfts projects and others, all succesfully running and using by people.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
the diagram for partners and ecosystem for this project is quite impressive!

based from your roadmap, you have done your private and public sale, 4 and 3 years ago, respectively. is this your first thread in the forum? i guess a lot of those small buyers of your token are not expecting anymore that you will go live this year.

so in short, right now, where exactly is the project? are there other projects that are already utilising your services?
member
Activity: 694
Merit: 10
In Nervos we trust.
member
Activity: 694
Merit: 10
In Nervos we trust.
member
Activity: 694
Merit: 10
In Nervos we trust.
member
Activity: 694
Merit: 10
In Nervos we trust.


At Nervos, we have crossed a significant milestone with the first Nervos Network cross-chain bridge,
Force Bridge, now live on mainnet.
The Ethereum Force Bridge connects the Ethereum ecosystem to our own Nervos ecosystem for increased interoperability and token liquidity.

This is a major step in Nervos’ interoperability 2.0 plan, which is our vision for a truly interconnected blockchain ecosystem.
Upcoming updates will include wrapped CKB on Ethereum, ADA Force Bridge, Bitcoin Force bridge, and more.


How Force Bridge Works

The Ethereum Force Bridge, an open-source project, allows the transfer of whitelisted tokens from the Ethereum chain to the Nervos chain through a series of smart contracts deployed on both sides.
These smart contracts implement wallets secured by a Force Bridge committee composed of the Nervos team and a group of ecosystem partners.

ETH or whitelisted ERC-20 tokens (currently DAI, USDT and USDC with more to come in the future) are first locked in a smart contract on the Ethereum blockchain side,
followed by the minting of corresponding sUDT tokens on the Nervos side. While the process occurs on Layer 1,
 tokens can also be sent directly to Layer 2 without any extra steps for the end-user.
When moving these assets from Ethereum to Nervos Layer 1, a total of 27 confirmations are required, with 12 on Ethereum and 15 on Nervos.

The SUDT tokens can later be transferred back to the Ethereum blockchain using the reverse process.
This, in turn, burns the sUDT tokens, followed by the Ethereum assets being released from the Ethereum blockchain smart contract.
The entire process was developed to be quick, secure, and convenient for both end-users and developers to use.

A small fee is incurred to support the ongoing security of the bridge and to pre-pay the CKBs necessary to mint new sUDT tokens on the Nervos blockchain.
Fee structures are available online as part of the open-source repository.



As part of our continued expansion of the Nervos Network,
we are excited to announce that we will be bridging to Binance Smart Chain (BSC) with the use of the Force Bridge.
This linking of the Nervos Network to BSC opens up a new realm of possibilities, especially in the DeFi space.

This new cross-chain bridge is part of our multi-chain strategy and interoperability journey that we hope will contribute greatly to our booming DeFi ecosystem.
With the launch of the bridge, BSC assets will be able to be transferred to the Nervos Ecosystem.

But, developers and projects building on BSC will be able to use their existing codebases to begin porting their dApps to Nervos,
enabling them to grow their user reach and brand awareness.
Users in the BSC ecosystem will also be able to take advantage of yield farming opportunities available through YokaiSwap,
the first decentralized exchange (DEX) to launch on Nervos.


The next big DeFi Ecosystem
At Nervos, we have been pursuing the creation of a multi-chain ecosystem with the creation of our interoperability tools,
such as the Force Bridge and Godwoken. These tools have great application in the DeFi space,
with a next-generation interoperable AMM decentralized exchange YokaiSwap running on Nervos,
and a new bridge to BSC, the usability of DeFi on Nervos is greatly increasing.

BSC has become a powerful and highly usable chain in the current blockchain ecosystem.
With the highest TVL outside of Ethereum, and over two million daily active users and a high of 14.7 million daily blockchain transactions,
BSC is a welcome addition for Nervos users, and the bridge also offers huge possibilities for BSC fans.

Developers will also appreciate the bridge as these teams can port their dApps to Nervos and gain access to projects, tools,
and resources available in a burgeoning network focused on DeFi development.

Additionally, YokaiSwap also will gain access to liquidity through the BSC ecosystem.


The power of the Force Bridge

Having bridged to Ethereum, and plans to expand to other ecosystems and dapps, like Cardano and MELD,
as well as Cosmos and Kava, the Force Bridge is proving to be a powerful tool in our multi-chain pursuit.

The Force Bridge, a trustless cross-chain bridge that allows for seamless transactions between the Nervos ecosystem and other public chains, and Godwoken, 
the first EVM-compatible Layer 2 blockchain on the network. Nervos’ Layer 1 provides security and scalability,
allowing support for future layers and making it easier to build EVM-compatible cross-chains bridges,
such as the Nervos x BSC bridge, from the Nervos Network to other chains.

The deployment of the Force Bridge is unlike other bridges which requires token wrapping to move assets across.
Rather, along the Nervos x BSC bridge, there will be seamless token transfer across the network with Binance Coin (BNB) and Binance USD (BUSD),
being supported for asset transfers and cross-chain swaps at the start, with support for more BEP-20 tokens to come in the future.

member
Activity: 694
Merit: 10
In Nervos we trust.
Socials

         


What is Godwoken?
Godwoken is an EVM compatible layer 2 built on Nervos Layer 1.
Godwoken is an optimistic rollup ultimately inheriting security from layer 1.
Godwoken provides instant transaction finality with low fees and a completely Ethereum compatible environment on Nervos

Why choose Godwoken?
Be the first to benefit from a powerful, secure, inherently multi-chain blockchain ecosystem with low fees and quick transaction times.
With Nervos, Ethereum blockchain developers will be able to port dApps seamlessly, allowing them to be part of the next generation DeFi ecosystem.

How is Godwoken Different?
Godwoken in an inherently multi-chain solution utilizing advanced account abstraction that allows for flexible wallet support, or traditional user accounts, for an internet-like experience.
Cross-chain assets such as ETH and ERC-20 tokens can be utilized on deployed dApps through Nervos' Force Bridge.


Beyond Interoperability, Towards Universal Application
Early internet applications lived on segregated networks needing different ways to access and interact.
Now, in today's decentralized world we again see this segregation into different ecosystems with poor interoperability.
The Nervos Network solves this problem by offering a suite of integrated solutions that allow the developer to build Universal Apps.
Access to any asset, any Blockchain
Choose your interface, choose your crypto and stick with it, but still access the entire space.
The frustration of multiple wallets, exchanges and seed phrases is no more with Nervos.

Operate dApps from any wallet or solution
Feel the power of Universal Apps as you navigate every one of them from your chosen solution.
Nervos brings the dApp ecosystem to you, and your wallet.
Code with flexibility, bring dApps from anywhere
Build on Nervos and have the ability to target any Virtual Machine (VM).
Port your dApp across with ease and instantly have access to the entire blockchain ecosystem.
Layer 2 solutions for seamless scaling
Experience scalability in action with working, powerful, Layer 2 scaling solutions.
Watch your projects scale straight away with the built-in power of these crafted solutions.


Decentralized and Sustainable
to be The Nervous System
To The Future Economy
Secure and Decentralized
Optimized Nakamoto BTC consensus secured with ASIC-backed Proof-of-Work for maximum security and decentralization.
Sustainable Store of Value
Sustainable crypto-economics with a built-in store of value mechanism to solve some of the biggest sustainability challenges for public blockchains.
Layer 1 built for Layer 2
Unlimited flexibility and scalability through built-in, working, Layer 2 solutions on top of the powerful Nervos CKB Blockchain.


THE NERVOS CULTURE
The Nervos Network is being built by a team of developers with deep roots in the crypto space.
We are a diverse group with backgrounds in engineering, cryptography, token-economics and community building – currently more than 95+ people across the world.



TOKEN
The CKByte (CKB) — A pioneer in cryptocurrency utility

CKB is a cryptocurrency that can be used as a secure store
of value, like Bitcoin. It can also be a value token behind smart
contracts, like ETH. Store, execute, and even rent space on the
Nervos Blockchain with CKBytes.

What is CKByte?
The CKByte is the token that fuels the Nervos Network. It is not Bitcoin, and it is not ETH -- it is more than that.
The unique crypto-economic design makes it an ideal use case for Store of Value as well as capturing the total value of the network to increase security and aligning the interests of Users, Miners, Developers and Node operators.

How is it unique?
Our token is unique because it can achieve more than just one use. $CKB is not just storing value, or just executing smart contracts, it does both and more.
$CKB's crypto-economic design is not just to facilitate transactions, but also for long-term value preservation which scales with network growth and value creation.
$CKB is a powerful tool for the network, but a strong stand alone crypto as well.

What can it be used for?
Being a unique token that stretches the limits of what you know in cryptocurrency to be possible, $CKB comes with a lot of uses.
You will be happy to know $CKB ticks the boxes to be used as a medium of exchange, as well as a store of value.
You can use $CKB in executing your smart contracts or for use in dApps and even in renting out space on the blockchain.

What is Nervos DAO?
The Nervos DAO lets you lock CKBytes, that are currently unused, in order to receive rewards from secondary issuance.
Think of it like this, if you are depositing in the Nervos DAO, your holdings will never be diluted by secondary issuance.
Although it may seem slightly complicated at first, the Nervos DAO, alongside every aspect of $CKB, is developed in a totally permissionless, decentralized and trustless way.

How to purchase $CKB?
The best way to purchase the $CKB token is to visit one of the exchanges listed below.
If you need some more help, we have a step-by-step guide that will take you through the process of purchaing $CKB.

The best way to purchase the CKB token is to visit one of the following exchanges.

We can help you along with the step by step guide.
Also US investors can use SafePal for buying $CKB.
You can find any $CKB wallet, DEX and Exchange tutorials here.


HOW DO I STORE MY
CKB AND KEEP IT SAFE

There are a number of ways that you can keep your CKB safe on either software or even hardware wallets.

Additionally, CKB is available at several exchanges, where it can be stored, but for added security, it is worth looking into some other options.

Neuron
Neuron is the Nervos Network’s native wallet
https://github.com/nervosnetwork/neuron/releases

imToken
Easy and secure digital wallet trusted by millions
https://token.im/

Ledger
One of the more popular hardware wallets and it offers support for storing CKB.
https://www.ledger.com/


WHITE PAPERS AND RESEARCH
To take a deeper dive into the Nervos Network to understand our
position in the blockchain ecosystem, as well as the Layer 1 and
crypto-economic design.
The Nervos Positioning Paper
It is important that we help our communities understand what we try to accomplish, the trade-offs we have made, and how we have arrived at our current design decisions.
The Nervos Positioning Paper will give a clearer picture of where the Network sits in the current blockchain ecosystem, and where it will find itself in the future.
Read the Paper.

Crypto-economics of the Nervos Common Knowledge Base
We understand a well-designed crypto-economic model is needed to provide incentives so that participants pursue their own economic interests to lead to a desired behavior to contribute to the blockchain network’s success.
We invite you to read our Crypto-Economic paper to understand how we embrace the full gambit of blockchain technology.
Read the Paper.
Nervos CKB: A Common Knowledge Base for Crypto-Economy
Nervos is a layered crypto-economy network that separates the infrastructure of a crypto-economy into two layers:
a verification layer (Layer 1) and a generation layer (Layer 2) for high-performance transactions and privacy protection.
Find out more about how these layers operate in this overview of the Nervos Common Knowledge Base.
Read the Paper.


COMMON KNOWLEDGE LABS
Nervos CKLabs is designed to provide a resourceful,
engaging and effective support program in order to catalyze early-stage
projects and help build a thriving ecosystem.
Who is the program for?
Engineers that have built an MVP and need help getting their dApp to the next level. You should be familiar with CKB and be building an application that
people can use today.
We welcome both new and existing projects that want to port over to CKB.
What will it get you?
A successful inductee into CKLabs will receive:
Funding: Up to $100k in exchange for tokens and/or equity.
Networking: Warm introductions to our panel of investors.
Support: Four months of dedicated support from the team.
The support will see you receive bi-weekly calls with a program manager as well as monthly calls with a co-founder for big picture stuff.
There will also be access to key people who designed the Nervos Network and a dedicated discord channel. Finally, your project will also get the marketing and media support when you are ready to launch.


The Grants Program was created to empower innovation and development, and to support the growth of a diverse and thriving ecosystem.

COMMON VISION,
COMMON GOALS,
COMMON KNOWLEDGE

Our long term vision for Nervos is to be fully decentralized in all aspects
and community-led. Part of our journey to achieving this is bootstrapping and empowering individuals, projects and teams who share a common vision
for the project.
If you share our vision and have the experience and skills to deliver on any project within the scope of a grant category currently open – we invite
you to apply.

What is the application process?
The grant application process consists of 3 rounds.
1) A grant proposal abstract needs to be posted to Nervos Talk Forum for
initial approval of the concept and team.
2) A detailed technical specification posted into the same thread below the abstract
3) A final Q&A Discussion with the review council.

GRANT CATAGORIES
The scope of the grants program will be broad and across all aspects of ecosystem building to allow anyone around the world the potential to join the community and help grow the Nervos Ecosystem.
Initial grants open for application focus on infrastructure building and developing the foundation for which the network and ecosystem can grow.
Each grant category has a scope of work for that specific category to give guidance and recommendations for potential applicants.
For information on open grant categories and scope of work within each category, please head over to the Nervos Talk thread.


Socials
         
Pages:
Jump to: