Messari's Report Highlights Nervos Network's Enhancements to Bitcoin's Technological Framework
Innovative Layer-1 Blockchain and RGB++ Protocol
Leading cryptocurrency research firm Messari has published a comprehensive overview of the Nervos Network (CKB), spotlighting its pivotal role in enhancing Bitcoin’s technological framework. The report details how Nervos leverages its innovative Layer-1 blockchain and RGB++ protocol to address critical scalability and programmability challenges within the Bitcoin ecosystem.
Advancements with Cell Model and CKB-VM
According to the report, Nervos Network not only expands on Bitcoin’s fundamental technologies but also introduces significant improvements with its Cell Model and CKB-VM. These advancements facilitate more complex applications and transactions on the blockchain without sacrificing the core principles of decentralization and security.
Impact of the RGB++ Protocol
Messari's research further highlights the RGB++ protocol, an evolution of the original RGB protocol that enables smart contracts and asset issuance directly on Bitcoin’s blockchain. Since its implementation, the RGB++ protocol has driven a notable increase in network activity, including an 181% month-over-month growth in new addresses this April, demonstrating the community's strong reception and the protocol's impact.
Integration with the Lightning Network
The integration of payment channels with the Lightning Network is also underway, promising to make the Nervos Network more scalable and versatile for various blockchain applications. This development is poised to further cement CKB’s position as an essential layer for Bitcoin’s operation and accessibility.
Industry Recognition and Future Potential
"Messari's report reaffirms our belief in the Nervos CKB’s Bitcoin-native approach to solving long-standing issues in the Bitcoin space," said Baiyu, CKB Eco Fund Lead. "As we continue to innovate and expand our ecosystem, this recognition underscores the significant potential of CKB to support Bitcoin’s evolution into a more robust and versatile blockchain platform."
About Nervos CKB
CKB is the first fully BTC-isomorphic L2 (PoW+UTXO), offering a more decentralized, secure, and Bitcoin-compatible L2 solution. CKB scales Bitcoin's programmability and interoperability with the RGB++ protocol, which maps Bitcoin UTXOs to CKB Cells, enabling the seamless transfer of Bitcoin L1 UTXO-based assets such as Ordinals, Atomicals, and Taproot, to CKB without any cross-chain bridge and vice versa. The UTXO Stack, a Bitcoin L2 "OP Stack" secured by CKB and powered by RGB++, enables high-performance parallel chains, offering near-unlimited scalability without compromising security. The CKB Lightning Network will connect with Bitcoin’s Lightning Network, facilitating a bi-directional, censorship-resistant, permissionless, and trustless flow of assets between the two networks. CKB mainnet launched in November 2019 and completed its first mining reward halving in November 2023.
