Cryptocurrency Q&A What chain is nervos on?

What chain is nervos on?

SsamziegangSerenadeMelodyHarmony SsamziegangSerenadeMelodyHarmony Tue Oct 15 2024 | 6 answers 1354
I am curious about Nervos and want to know which blockchain network it operates on. Is it Ethereum, Bitcoin, or some other chain? I'm trying to understand its underlying technology better. What chain is nervos on?

6 answers

ShadowFox ShadowFox Thu Oct 17 2024
The integration of these advanced features underscores Nervos' commitment to innovation and progress. By building upon the foundations laid by Bitcoin and incorporating modern technologies, Nervos aims to create a blockchain network that is both powerful and user-friendly.

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CryptoNinja CryptoNinja Thu Oct 17 2024
Nervos is a pioneering blockchain network that embodies the essence of openness and modularity. It operates on a decentralized, permissionless framework, fostering a borderless ecosystem where participants can interact freely.

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KpopHarmonySoulMate KpopHarmonySoulMate Thu Oct 17 2024
At the heart of Nervos lies CKB, a robust proof-of-work blockchain designed to withstand the test of time. CKB not only maintains the security and decentralization of Bitcoin but also introduces innovations that set it apart.

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CryptoAlchemy CryptoAlchemy Thu Oct 17 2024
One of CKB's key innovations is its adoption of a generalized version of Bitcoin's UTXO (Unspent Transaction Output) model. This approach to accounting ensures efficient use of resources and simplifies transaction verification, making CKB an attractive option for those seeking scalability and security.

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Davide Davide Thu Oct 17 2024
In addition to its accounting model, CKB integrates a RISC-V instruction set-based virtual machine. This cutting-edge technology enables seamless transaction processing and smart contract execution, broadening the network's functionality and opening up new possibilities for developers and users alike.

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