Wrapped CKB (WCKB)

Wrapped CKB (WCKB) is a digital asset that is built on the Common Knowledge Base (CKB) of the Nervos Network. Nervos Network is a modular blockchain network emphasizing exceptional security, decentralization, flexibility, and interoperability. CKB, the Layer 1 of Nervos, is designed to be the industry’s most flexible and interoperable blockchain. It is built on the RISC-V architecture and secured by the battle-tested Proof-of-Work consensus algorithm.

CKB ensures supreme security and decentralization by being truly decentralized, permissionless, and resistant to capture by adversarial actors. It also offers unmatched flexibility and interoperability by supporting all cryptographic primitives, seamlessly interconnecting with heterogeneous blockchains, and enabling various sidechains, state channels, and Layer 2 networks. CKB’s protocol-level account abstraction allows decentralized applications with a superior user experience.

Wrapped CKB leverages a novel tokenomic model that aligns the interests of all participants and stakeholders in the Nervos ecosystem. Miners are rewarded for security, while token holders are protected from inflation. Nervos Network’s modular architecture enables scalability of millions of transactions per second through diverse Layer 2 networks while maintaining pristine security and decentralization. With Wrapped CKB, users can join this innovative and expansive blockchain network.