coin_name

Nervos Network Price in India (CKB)

₹0

arrow_icon

NaN%

1D

1W

1M

6M

1Y

ALL

1D

1W

1M

6M

1Y

ALL

CKB to INR Converter

As per last price at 00:00:00, 01/01/70

INR

CKB

TRADE CKB NOW

chevron_right_black

CKB Performance

24H Low

-

24H High

-

Price Change 24H

-%

Price Change 7D

-%

CKB Market Information

Popularity

-

Market Cap

-

24H Volume

-

Circulation Supply

-

CKB Price Today

The live price of Nervos Network is ₹ 0 per (CKB / INR) with a current market cap of INR. 24-hour trading volume is ₹ INR. CKB to INR price is updated in real-time. Nervos Network is +0% in the last 24 hours with a circulating supply of .

About Nervos Network (CKB)

What is Nervos Network (CKB)?

Nervos Network (CKB) is a blockchain designed to counter the scalability and interoperability issue of blockchains. It has a unique two-layer architecture that separates data storage from smart contract execution. The platform is powered by its native token, CKB, which is used to pay network fees, staking, and resource allocation within the Nervos ecosystem.

Who founded the Nervos Network (CKB)?

The Nervos Network was co-founded by Terry Tai, Daniel Lv, Cipher Wang, and Kevin Wang in 2018. 

Primary features of Nervos Network (CKB)

• CKB token: CKB, short for Common Knowledge Base token, represents both value and smart contract execution on the platform. It is used to pay miners for their contribution in maintaining the network transactions. CKB token holders can also claim space on the blockchain to store assets.

• Interoperability: CKB is compatible across multiple blockchain networks, and users can interoperate with other blockchains seamlessly, facilitating seamless cross-chain transactions.

• Layered architecture: Nervos Network separates Layer 1, otherwise known as data storage, from Layer 2 which is the smart contract execution layer. This improves scalability, security, and flexibility.

• Proof-of-Work (PoW) consensus algorithm: Nervous Network uses a proof-of-work (PoW) consensus algorithm. While PoW is considered less environment-friendly, it offers robust security and decentralization.

Is Nervos Network (CKB) a promising cryptocurrency?

CKB is the native token of the Nervos Network which was launched in 2020. The token represents both value and smart contract execution on the Nervos Network and has several utilities such as facilitating transactions and allowing token holders to claim space on the blockchain to store assets. As of 6th November 2024, CKB ranks at #116 in the overall crypto market, with a market cap of $564.69 million. The token holds an all-time high of $0.044 attained on March 31, 2021. The token created quite a buzz in early 2024, surging over 170% in February 2024 after developers announced that the protocol can connect with the Bitcoin network. The token has managed to maintain a good upward momentum, clocking over 250% year-to-year gains, making it a promising crypto.

How do I use CKB?

• CKB tokens can be bought and traded on crypto trading platforms.

• Nervos Network miners are paid in CKB for facilitating transactions.

• CKB is used to facilitate all transactions within the Nervos Network.

• CKB token holders can also claim space on the blockchain to store assets.

Pros & Cons of Nervos Network (CKB)

Pros

• Nervos Network separates Layer 1 from Layer 2, improving scalability, security, and flexibility.

• Nervos Network is compatible across multiple blockchain networks, facilitating seamless cross-chain transactions.

• Nervous Network’s proof-of-work (PoW) consensus algorithm enables the network to offer robust security and decentralization.

Cons

• CKB is subject to market volatility, like other cryptos.

• Nervos Network’s competitors include established networks such as Polkadot and Cosmos.

• The two-layer structure offered by Nervos Network might be too complex for some developers.

How do I buy Nervos Network (CKB) on CoinSwitch?

• Start investing in CKB with just ₹100.

• CKB price is updated in INR in real-time.

• You can trade in CKB and 300+ other cryptos in a secure environment on CoinSwitch.

Nervos Network (CKB) ICO summary

The Nervos Network (CKB) Initial Coin Offering (ICO) took place in October 2019. During the ICO, 1 CKB was sold for 0.01 USD, raising about $72 million by selling 20% of the circulating supply out of the 33.6B CKB in Genesis Block. The network surpassed the initial goal of 67.2M USD, indicating crypto traders’ engagement with the CKB token adoption.

Bitcoin Resources

1. How do I buy Nervos Network?

chevron_down

To buy Nervos Network, do the following steps:

Step 1:

Sign in to your CoinSwitch app using your registered mobile number. Enter the OTP sent to your phone, then input your CoinSwitch PIN to access your account.

If you don't have an account, click here to register: new account.

Step 2:

After logging in, you'll find your CoinSwitch dashboard. Look at the top right corner for a search icon. Use it to find Nervos Network.

Step 3:

Once you find Nervos Network and are ready to buy, click on the Buy button at the bottom of the screen and follow the instructions to make your purchase.

2. What is the price of Nervos Network?

chevron_down

The price of 1 Nervos Network is ₹0.

Note: Nervos Network prices are subject to change in the future based on market trends.

3. What is the price of Nervos Network today?

chevron_down

The current price of 1 Nervos Network is ₹0.

Note: Nervos Network prices are subject to change in the future based on market trends.

4. Can I buy Nervos Network for ₹100?

chevron_down
Yes! You can buy Nervos Network for as low as ₹100 on the CoinSwitch app.

5. How much is 1 Nervos Network in rupees?

chevron_down
The current value of 1 CKB is ₹0.

6. What is the current trend in Nervos Network?

chevron_down
CKB has been NaN% in the last 24 hours.

Related Articles

article

Income Tax Slabs Rate FY 2023-2024 (AY 2024-25)

Simply put, income tax is levied by the central government on the income earned by individuals and businesses in a financial year.

article

10 Cheapest Cryptocurrencies To Invest in India

The crypto market is not just about Bitcoin and Ethereum. There are numerous crypto projects that have strong growth potential and have been known to give investors good returns.

article

Spot Trading vs. Futures Trading in Crypto: How Are They Different?

In crypto trading, traders use two popular methods—spot trading and futures trading. Both methods have their characteristics and benefits but they also come with risks.

article

Bitcoin Price Prediction & Forecast 2024-2050

Bitcoin, the first decentralized crypto, operates as a digital and decentralized form of currency. It enables peer-to-peer transactions without the need for intermediaries like banks or financial institutions.

CKB to INR Converter

As per last price at 00:00:00, 01/01/70

INR

CKB

TRADE CKB NOW

chevron_right_black
price_banner