1.Introduction to Nervos

The Nervos Network is an open source public blockchain eco and collection of protocols solving the biggest challenges facing blockchains like Bitcoin and Ethereum today.

The Nervos CKB (Common Knowledge Base) is the layer 1, proof of work public blockchain protocol of the Nervos Network. It allows any crypto-asset to be stored with the security, immutability and permissionless nature of Bitcoin while enabling smart contracts, layer 2 scaling and captures the total network value through its “store of value” crypto-economic design and native token, the CKByte.

Official Website

Whitepaper

2.CKB Trading Service

The CKB trading service enables at UTC 4:00, November 16, 2019. Please note that the liquidity is low in its initial trading stage, the market price is volatile and might see pullbacks from its high opening price. Please be aware of the market risks and place your investment cautiously.

3.CKB Token Metrics

1) Max Supply: 33.6 billion

2) Token Allocation:Token Sale: 34%、Eco fund: 18.5%、Foundation: 2%、Strategic Partners: 5%、Team: 15%、Testnet: 0.5%、Burn: 25%

3) Price of token (private sale): 1 CKB=0.006USD

4) Additional issuance and token release: The base issuance of CKB wll be halved around every four years. After the base issuance stops, there will be the secondary issuance on a fixed amount, which is used to pay for the state rent.

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November 15, 2019

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