Nervos Network

Halal Rating :
Questionable
Last Price $0.02 Last updated:
Rank 106
1D Change 2.55 %
Market Cap $718.08m
Circulating supply 44,181,355,538
Maximum supply None

Crypto Overview

Categories
  • Mineable
  • PoW
  • Platform
  • Collectibles & NFTs
  • DeFi
  • Interoperability
  • Research
  • Scaling
  • Smart Contracts
  • DAO
  • Polychain Capital Portfolio
  • Rollups
  • Blockchain Capital Portfolio
  • CMS Holdings Portfolio
  • DragonFly Capital Portfolio
  • Electric Capital Portfolio
  • Hashkey Capital Portfolio
  • Huobi Capital Portfolio
  • 1Confirmation Portfolio
  • Multicoin Capital Portfolio
  • Web3

Nervos is a layered crypto-economy network. Nervos separates the infrastructure of a crypto-economy into two layers: a verification layer (layer 1) that serves as a trust root and smart custodian, and a generation layer (layer 2) for high-performance transactions and privacy protection. This document provides an overview of the Nervos Common Knowledge Base (CKB), a public permissionless blockchain and layer 1 of Nervos. CKB generates trust and extends this trust to upper layers, making Nervos a trust network. It's also the value store of the Nervos network, providing public, secure and censorship-resistant custody services for assets, identities and other common knowledge created in the network. The Nervos Common Knowledge Base (Nervos CKB for short) is a preservation focused, "Store of Assets" blockchain. Architecturally, it's designed to best support on-chain state and off-chain computation; economically, it's designed to provide sustainable security and decentralization. Nervos CKB is the base layer of the overall Nervos Network.

Crypto Impact

To assign a comfort level investing in Nervos Network from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Nervos Network.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating