What is CKB
Nervos Network (CKB) is an open-source blockchain ecosystem comprised of multiple interoperable protocols forming a universal internet-like public network. Nervos allows users to access any cryptocurrency or digital asset on any blockchain in one unified interface. Nervos Common Knowledge Base is a Proof-of-Work (PoW) public permissionless blockchain and layered crypto-economy network comprised of a verification layer (Layer 1) and a generation layer (Layer 2) to provide high speed transactions and additional privacy protection. Decentralized application (dApp) developers can build Universal Apps on Nervos dApp framework and enjoy native cross-chain interoperability, allowing dApp users to connect and interact with the Universal Application regardless of their wallet or browser's blockchain network. Nervos Network utility token CKB is used to allocate storage space for network users, pay for transaction fees, as well as generate staking and block rewards for liquidity providers.