What is Nervos (CKB)

1. Project Introduction Nervos Network is a Layer 1 public blockchain ecosystem based on PoW and supporting smart contract development. It includes multiple Layer 2 scalability solutions designed for high-volume use cases. Nervos enhances Bitcoin’s scalability by extending the UTXO model in a more native manner. It improves upon the RGB protocol to provide Bitcoin with Turing-complete contract capabilities without cross-chain bridges. Its Layer 1 chain—Common Knowledge Base (CKB)—launched in November 2019. In February 2024, CELL Studio (led by co-founder Cipher Wang) introduced the RGB++ protocol, a Bitcoin Layer 1 asset issuance protocol inspired by RGB, using CKB for data availability and execution. RGB++ aims to improve usability in the Bitcoin ecosystem by supporting complex assets and applications. Nervos targets leadership in the Bitcoin L2 space by simplifying UX and developer onboarding. 2. Team & Investment Info Terry Tai – Co-founder & CEO; previously at Intridea and Yunbi; also co-founded Baoquan.com Cipher Wang – Co-founder; creator of RGB++, founder of UTXO Stack and JoyID; M.Sc. in Theoretical Physics (Tsinghua), B.Sc. in Automation (Zhejiang University) Kevin Wang – Co-founder; co-founder of Khalani Labs and Launch School; educated at University of Pennsylvania and Beijing Jiaotong University Daniel Lv – Co-founder & COO; former CTO and co-founder of imToken; blockchain architect with over 5 years of experience Funding: July 28, 2018: $28M private round led by Sequoia Capital China and Wanxiang Blockchain, joined by Matrix Partners China, Polychain Capital, and others October 24, 2019: $72M public sale 3. Social Media URLs X: https://x.com/nervosnetwork Telegram: https://t.me/nervosnetwork GitHub: https://github.com/nervosnetwork 4. Token Info Token Symbol: CKB Total Supply: 45,768,559,032 Token Type: Nervos native token Issuance/Burn Mechanism: There is an inflation mechanism Block Explorer: https://ckb.tokenview.io/cn Token Distribution (33.6B Genesis Supply): Public Sale: 21.5% Ecosystem Fund: 17% Team: 15% Private Sale: 14% Partners: 5% Testnet Rewards: 0.5% (168M) Burned: 25% 5. Related Links Official Website: https://www.nervos.org/ White Paper: https://github.com/nervosnetwork/rfcs/blob/master/rfcs/0002-ckb/0002-ckb.md LinkedIn: https://www.linkedin.com/company/nervos/ Other Info: https://www.rootdata.com/Projects/detail/Nervos%20Network?k=MjYw