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Nervos CKB leads the Bitcoin renaissance with its Bitcoin Layer-2 technology
The primary role of the Bitcoin blockchain is to operate as a giant network for the transfer of value. The Bitcoin cryptocurrency controls the value system on the network. For a technology at the level of adoption it had in its earliest days; a 7 Transaction per second was in fact a sufficient throughput. Considering the value per coin of Bitcoin at this time, the transaction fee was also considerably cheap, compared to other payment systems in existence.
Bitcoin’s current user experience, Utility, and performance issue is a case of poor scalability. The Bitcoin network was ‘perfect’ for its early-day scenarios. But this has been torn away by the rapid adoption and growth in the price of Bitcoin. Thanks to its superstructure design model, scaling the Bitcoin blockchain is a perilous attempt. However, Bitcoin Scaling solutions like Nervos CKB are weathering this storm.
Nervos CKB blockchain is lined with features that are capable of operating complementarily with the Bitcoin blockchain and also functioning as a sovereign blockchain network. Nervos has seen significant success in both areas.
What is Nervous CKB?
Like the Bitcoin blockchain, Nervos CKB is a public blockchain built for P2P transfer of value. It extends Bitcoin’s…