HEY, DD, TELL US: WHAT IS CKB?
Most of you realized that I have been analyzing 'CKB' which actually stands for "Common Knowledge Byte" (CKB) — A pioneer in the utility area of cryptocurrency. So what actually CKB is? Well, we can say it is a secure store of value and one of the cryptocurrencies like BTC. It can also be used as a value token with smart contracts like Ethereum. CKB runs on Nervos Blockchain to store and execute & also to rent space.
So what does it makes it unique? The answer is that it does both: like storing the value along with executing smart contracts. In addition to these 2 major capabilities, CKB is being used in de-centralized Applications "dApps" plus renting out space on the blockchain.
WHERE CAN I BUY CKB?
You can buy CKB in almost all exchanges. You can check their website here:
WHERE TO STORE CKB?
You can store CKB on many wallets. However, Neuron is the native wallet for CKB developed by Nervos. If you want to store them in the Ledger, of course you can. Make sure to download the latest updates before starting any kind of transaction. Following Wallets are for CKB:
WHY NERVOS and CKB?
As we all know early internet apps run on segregated networks. This made to access and interact with them in many different ways. Even in the contemporary decentralized environment, this segregation is in place causing poor interoperability.
At this point, NN -The Nervos Network- solves this issue by creating many integrated solutions that allow the developers to build Universal Applications.