Messari’s New Report Recognizes Nervos CKB as a Game-Changer for Bitcoin’s Scalability and Programmability By Chainwire

From Investing.com: 2024-06-22 13:30:43

Messari’s report highlights Nervos Network’s role in enhancing Bitcoin’s technology. It leverages Layer-1 blockchain and RGB++ protocol to address scalability issues. The RGB++ protocol has driven an 181% growth in new addresses, showing strong community support. Integration with Lightning Network will improve scalability for blockchain applications, solidifying CKB’s importance for Bitcoin.

Nervos CKB offers a Bitcoin-compatible Layer 2 solution, with RGB++ protocol enhancing programmability and interoperability. UTXO Stack secures a high-performance parallel chain, allowing scalability without compromising security. CKB Lightning Network will connect with Bitcoin’s Lightning Network for bi-directional asset transfer. Mainnet launched in 2019 and completed first halving in 2023.

Nervos CKB gains recognition for its innovative solutions in the blockchain space. The report emphasizes CKB’s potential to drive future innovations and increase Bitcoin’s utility. With a focus on technical merits, CKB is positioned as a strong contender for improving Bitcoin’s operation and accessibility in the evolving blockchain landscape.

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