What is Nervos Network -CKB Explained

Описание: We understand Blockchain as a decentralized ecosystem powered by distributed ledger technology.
Due to the wide array of applications of distributed ledger technologies, different organizations have developed their version of Blockchain systems.

They will open the door to a new global financial system that works like the internet. But each Blockchain is isolated from one another. In brief, blockchains don’t talk to each other.

it's hard to share information between them. Now teams are trying to build new channels to help these networks connect to each other.

Blockchain community called this, the ability of interoperability. It is a communication mechanism between two or more blockchains.

Another point is scalability concerns. At the beginning, in old blockchains, the issue was, the way the consensus mechanism operates. For example, the Proof-of-Work system is the most secure but also requires the most resources and time to complete transactions.

In this video, we will investigate one of the networks that is a solution for one of the largest problems facing the blockchain community today, a lack of interoperability. and reduces scalability concerns through the use of a second layer.
The Nervos Network
#NERVOS #ckb

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