What is Nervos Network?
Nervos Network said to multi-asset and true value of Blockchain, it is built to support crypto growth. The network itself is a open source blockchain and collection of protocol that help to deploy and develop decentralized applications.
The Nervos works on layer infrastructure, as it has two layers i.e. layer 1(OKB) and Layer 2. Layer 1 i.e. Common Knowledge based focus on providing decentralization, security and privacy, where layer 2 system provides functionality, scalability and performance. The layer 2 plays major role in achieving instantaneous transaction of million users. In that layer 2 and layer 1 alternately interoperable with each other.
The Nervos CKB inherit Bitcoin Blockchain feature to generalize to support storage to the different crypto assets. however, CKB is based on Proof of Work Consensus algorithm (known as NC-MAX) that create foundation for layer 2 protocol, scaling and integration. The NC-MAX with innovation of nakamoto will increase TPS and at same time it will lower the transaction approval time without compromising Security. So, the basic aim to launch Nervos network is create sustainable multi-asset ecosystem focusing on decentralized to incentive mechanism, so that it will automatically scaling with bandwidth improvement.
Nervos Network Price Prediction
Nervos Network uses native token called as CKByte i.e. CKB in short terms. CKB is used to store data in byte. For eg. If user holding 100 CKB token then he can store 100 Byte of data. for investment CKBytes can be deposited using Nervos DAO, where user can earn passive income by HODL CKB token with interest on investment, which similar works as Staking. This two are the possible way to maintain stability in the market cap volume that will help to grow in the ranking and value of asset. The CKB was listed on CMC with price $0.0089 USD in November 2019, now it already completes 8 months and enter into top 100 biggest crypto asset list, as it is noticeable gain for any new project.
CKB Price Prediction 2020
|Month & Year||Price Prediction in USD|
|August 2020||$0.0054 USD|
|September 2020||$0.0059 USD|
|October 2020||$0.0045 USD|
|November 2020||$0.0068 USD|
|December 2020||$0.0071 USD|
CKByte Price Prediction 2021 to 2030
|Quarter & Year||Price Prediction USD|
|January 2021||$0.0076 USD|
|March 2021||$0.0072 USD|
|June 2021||$0.0084 USD|
|September 2021||$0.0098 USD|
|December 2021||$0.0102 USD|
|January 2025||$0.0782 USD|
|March 2025||$0.0982 USD|
|June 2025||$0.102 USD|
|September 2025||$0.232 USD|
|December 2025||$0.132 USD|
|January 2030||$0.972 USD|
|March 2030||$1.21 USD|
|June 2030||$1.32 USD|
|September 2030||$1.56 USD|
|December 2030||$1.67 USD|
Nervos Network Overview
|Project name||Nervos Network|
|Ticker Symbol||CKB, CKByte|
|Based on||Multi-Asset Blockchain|
|All-time high||$0.009910 USD|
|Exchange Platform||Bilaxy, Huobi Global, MXC, Hoo, CoinEx, OceanEX, BitForex, Bittrex, Gate.io, Hotbit, CoinTiger, Probit Exchange, BitMax, Bithumb Global, CITEX, LBank.|
Nervos ICO Overview
|Raised by||$72,000,000 USD|
|Date of ICO||24th October 2019|
|ICO Price||$0.0041 USD|
|Partners||1confirmaton, 1Kx, Alternity, Bixin Capital, Blockchain Capital, Huobi Capital, imToken, Distributed Global, DCC, Dekrypt Capital, Ceyuan Digital assets, Frees Fund, FBB Capital, Breyer Capital, Kindred Ventures, Multicoin Capital, Polychain Capital, zk Capital, Vy Capital, Sequoia Capital, Passport capital.|
Can CKB Reach $1 USD?
Yes, it can take more 10 year to reach this milestone.
How Much Nervos Worth in 2030?
Nervos expected to be crossing $1 USD mark and probably ranging between $1 USD to $1.5 USD in 2030.
Is Nervos Network a Good Investment?
Only long term plan consider for Nervos network as investment, otherwise go for other.
The very few projects is involving to fixing scalability, decentralization and security of Bitcoin Blockchain network, as right now many crypto assets based on Ethereum Blockchain which uses Proof of Stake Consensus. In the market nervos network is only crypto which is based on multi-asset proof of work. Basically, it is designed to provide scalability without loss of security with support of on-chain state and off-chain computation.