Author

Topic: Nervos Network 30MM Grants Program (Read 199 times)

newbie
Activity: 4
Merit: 0
January 28, 2020, 04:39:30 PM
#1
The Nervos Network is an open source PoW project, a collection of protocols and public blockchain ecosystem solving the biggest challenges facing blockchains like Bitcoin and Ethereum today.

A core design principle at Nervos is that layer 2 solutions such as side-chains, plasma chains and state channels are the best way to scale a blockchain system. Rather than comprising the decentralization and security of the base layer through largely untested and novel consensus mechanisms in order to achieve high performance and TPS, we utilize layer 2 solutions that bring nearly unlimited transaction capabilities and minimal transaction cost to a layer 1 blockchain that's designed to be secure, permissionless and decentralized. This in our opinion is the only way to solve the scalability trilemma.

The Nervos Network is a decentralized application network with a layered architecture. The CKB (Common Knowledge Base) is a public blockchain protocol which is the foundational layer of the Nervos Network and designed to serve as the trust engine of the whole ecosystem. Aligned with Nervos?s goal of building a layered architecture, CKB is the layer that stores assets and provides arbitration for all the upper-level layers and allows the deployment of limitless possibilities for the configurations of different Layer 2 protocols.

Apply for our Ecosystem Grants today:

https://www.nervos.org/grants/
Jump to: