CKB/EUR: Convert Nervos Network (CKB) to Euro (EUR)

Nervos Network (CKB) is a public blockchain ecosystem that aims to establish a peer-to-peer crypto-economy network. Launched in November 2019, Nervos Network employs a unique dual-layer architecture consisting of a base layer, known as the Common Knowledge Base (CKB), and a computation layer for processing transactions. The CKB layer uses a Proof-of-Work consensus mechanism and its native cryptocurrency, CKByte (CKB), to manage network resources, reward miners, and allow users to store data. The Nervos Network's design enables developers to create decentralized applications (dApps) that can function across various blockchain systems.

Nervos Network operates on a dual-layer architecture. The first layer, the Common Knowledge Base, is where consensus is achieved using a Proof-of-Work mechanism. This layer also hosts the network's native cryptocurrency, CKByte (CKB), which powers the Nervos ecosystem. The second layer, the computational layer, is where real-time transaction processing and programming tasks occur. Nervos Network combines the security of the Proof-of-Work algorithm with scalability and data sharing capabilities between layers. This structure allows for the creation and use of decentralized applications (dApps) and smart contracts. The network's economic model is scalable, enabling participants to contribute to the project's growth by utilizing platform features.

Nervos Network seeks to simplify the creation and use of decentralized applications (dApps). Its dual-layer architecture allows for the operation of dApps and smart contracts on any of the network layers. The network's economic model is designed to be scalable, providing participants with access to a decentralized, open, and censorship-resistant platform. Users can utilize the platform to store their assets, with costs dependent on the amount of space required and the duration of storage. The network's flexibility and interoperability make it a suitable platform for developers aiming to create applications that can operate across various blockchain systems.

The Nervos Network project was initiated by the Nervos Foundation in 2018, with a team of researchers, engineers, and developers forming the core team. The platform was created by Terry Tai, Daniel Lv, and Kevin Wang. The Nervos mainnet was launched in November 2019, introducing a novel dual-layer architecture. The base layer, known as the Common Knowledge Base, has its own cryptocurrency called CKByte (CKB). The network's design reflects the development team's unconventional methodology, with an open-source blockchain, support for multiple assets, and a multi-layered architecture. As of March 2023, there are 39,936,460,802 CKB tokens in circulation.