Overview

Nervos designed a radically decoupled decentralized platform to allow multiple paths of scalability, transaction certainty and low local latency.

Project stage

Only a whitepaper

Detailed description

Nervos is a suite of scalable and interoperable protocols and an open blockchain "Trustware" platform for decentralized applications. Trustware is a new decentralized computing paradigm that goes beyond distributed ledgers and smart contracts, to bring general expression of trust to meet the demand of today's real world applications. In contrast to smart contract platforms, Nervos uses the "Common Knowledge Base", a simpler state machine with uniform state transition semantics for superior scalability, interoperability and better aligned incentives for all participants of the network.

Problem

Current blockchain technologies (such as Bitcoin and Ethereum) pursue extreme decentralization, requiring full nodes in the network to be completely equal peers. This imposes constraints on the design of blockchain systems, making it harder for them to meet the demands of real world applications. The hardware cost of running full nodes becomes ever more expensive with the inflation of on-chain states. There are less and less users who are willing to run full nodes.

Solution

Nervos supports more general-purpose computation and storage, comes with better scalability and more balanced economic incentives, and is more friendly to mobile devices.

Features

The paradigm consists of the following components:

  • Computation
    • Generation
    • State validation
  • Storage
    • Cell
    • Type
  • Identity

DApps in the CKB use Types to define the appropriate data structure and store application data in Cells. The application logic is implemented with Generators, and the state validation logic is implemented with Validators. Generators run on the client side to generate new states, which get packaged into transactions and broadcast to the entire network. Consensus nodes in CKB network first authenticate the submitter of the transaction, then validate new states in the transaction with Validators, and put valid transactions in the transaction pool. Once a new block is generated and received, new states in the block are comitted into the CKB.

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Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : NERVOS
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : NA
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Own blockchain ()
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :NA
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :NA
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Without whitelist
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :NA
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :No
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :No
    Get details
  • Token and Funds Distribution

    Token distribution date

    NA

    Unsold tokens

    NA

Sale schedule

Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
Token Sale — Soon
Start Soon
NA No - Uncapped Uncapped
  • Team

    • Jan Xie photo
      Jan Xie
      Chief Architect & Co-Founder
    • Ren Zhang photo
      Ren Zhang
      Researcher
    • Terry Tai photo
      Terry Tai
      Co-Founder
    • Daniel Lv photo
      Daniel Lv
      Co-Founder
    • Kevin Wang photo
      Kevin Wang
      Founder
    • Bo Wang photo
      Bo Wang
      Product Manager
    • Rink Ning photo
      Rink Ning
      Developer
    • Ian Yang photo
      Ian Yang
      Developer
    • Dingwei Zhang photo
      Dingwei Zhang
      Developer
    • Yaning Zhang photo
      Yaning Zhang
      Developer
    • Ke Wang photo
      Ke Wang
      Developer
    • Quake Wang photo
      Quake Wang
      Developer
    • Xiaotie Deng photo
      Xiaotie Deng
      Research Scientist
    • Qianhong Wu photo
      Qianhong Wu
      Research Scientist
    • Jane Wu photo
      Jane Wu
      Marketing & Community
  • Advisors

    • Edith Yeung
    • Chris McCann

Roadmap

No information

Activity