1H
-0.46%$0.0000
24H
5.06%$0.0001
7D
-18.2%$0.0004
30D
-35.8%$0.0010
The Nervos Network describes itself as an open-source public blockchain ecosystem and collection of protocols. The Nervos CKB (Common Knowledge Base) is the layer 1, proof of work public blockchain protocol of the Nervos Network. It reportedly allows any crypto-asset to be stored with the security, immutability and permissionless nature of Bitcoin while enabling smart contracts and layer 2 scaling. It aims to capture the total network value through its “store of value” crypto-economic design and native token, the CKByte.
In the following guide, we’ll talk about the M2 money supply since it is an important measure of the amount of money available for spending and investment in the economy.
In this guide, we will explore the concept of atomic swaps, understand their essence, how they work using smart contracts, the story behind the first successful atomic swap, and the significance they hold in achieving a more decentralized and interoperable crypto ecosystem.