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

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

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[HANGZHOU, 中国, June 22nd, 2024]

In a groundbreaking analysis, leading cryptocurrency researchstudy company Messari hasactually released a extensive introduction of the Nervos Network (CKB), highlighting its essential function in improving Bitcoin’s technological structure. The report information how Nervos leverages its ingenious Layer-1 blockchain and RGB++ procedure to address important scalability and programmability difficulties within the Bitcoin community.

According to the report, Nervos Network not just broadens on Bitcoin’s essential innovations however likewise presents considerable enhancements with its Cell Model and CKB-VM. These developments assistin more complex applications and deals on the blockchain without compromising the core concepts of decentralization and security.

Messari’s researchstudy additional highlights the RGB++ procedure, an advancement of the initial RGB procedure that allows wise agreements and property issuance straight on Bitcoin’s blockchain. Since its application, the RGB++ procedure hasactually driven a noteworthy boost in network activity, consistingof an 181% month-over-month development in brand-new addresses this April, demonstrating the neighborhood’s strong reception and the procedure’s effect.

The combination of payment channels with the Lightning Network is likewise underway, which assures to make the Nervos Network more scalable and flexible for different blockchain applications. This advancement is poised to evenmore cement CKB’s position as an vital layer for Bitcoin’s operation and easeofaccess.

“Messari’s report declares our belief in the Nervos CKB’s Bitcoin-native technique to fixing enduring problems in the Bitcoin area,” stated Baiyu, CKB Eco Fund Lead. “As we continue to innovate and

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