Nervos is an open-source public blockchain ecosystem and collection of protocols creating the basis for a universal internet-like public network. With a flexible, foundational blockchain called the Common Knowledge Base, the Nervos Network empowers a new generation of interoperability through scalable layer 2 solutions to bring about an ecosystem of Universal Apps.
The Nervos Blockchain, the Common Knowledge Base (CKB), is open-source, permissionless and Proof of Work secured but purposefully built for optimal Layer 2 development and scaling. CKB works as a secure store of value blockchain thanks to the native token, the CKByte ($CKB), while allowing developers to create smart contracts and providing arbitration for upper-level layers.
The total value of the Nervos Network is captured in its native token: the CKByte ($CKB). The $CKB can be used as a store of value, a value token behind smart contracts on the network and even rent space on the Nervos Blockchain. To give Store of Value users an inflation shelter from secondary issuance, there is the Nervos DAO. Users are able to lock their $CKB in the DAO, protecting themselves from token dilution and receiving a proportional share of inflation.