The Nervos Network is an open source public blockchain ecosystem and collection of protocols solving the biggest challenges facing blockchains like Bitcoin and Ethereum today.
The Nervos Network represents the entire ecosystem of Nervos and is a collection of protocols, layer 2’s and public blockchains underpinned by the Nervos CKB and CKByte token.
A core design principle at Nervos is that layer 2 solutions such as side-chains, plasma chains and state channels are the best way to scale a blockchain system. Rather than comprising the decentralization and security of the base layer through largely untested and novel consensus mechanisms in order to achieve high performance and TPS, we utilize layer 2 solutions that bring nearly unlimited transaction capabilities and minimal transaction cost to a layer 1 blockchain that’s designed to be secure, permissionless and decentralized. This in our opinion is the only way to solve the scalability trilemma.