Nervos launches Ethereum bridge it says devs can use right out of the box
China’s Nervos has launched a trustless bridge designed to simplify cross-chain transactions between its CKB network and Ethereum. Chinese public blockchain project Nervos has announced the launch of a cross-chain bridge between it and Ethereum.The launch of Nervos’ Force Bridge was revealed on Dec. 17, with the bridge boasting native support for ERC-20 tokens and frictionless transfers between Ethereum and Nervos’ CKB chain. The team claims its bridge was inspired by the “Force Staff” tool from the popular game Dota 2, which allows users to force the movements of objects across its....
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Following the roll-out, the platform is now welcoming Ethereum blockchain developers to build upon the Nervos network in a bid to broaden their DApp ecosystem. Public blockchain platform Nervos has announced the mainnet beta launch of Godwoken.The layer-two blockchain protocol integrates Ethereum Virtual Machine capabilities and optimistic rollup mechanics to provide instant transaction finality and low fees within an Ethereum-like environment. Built upon the existing Nervos layer-one network, the multi-chain solution seeks to capitalize on Ethereum’s well-documented drawbacks — most....
Sifchain is committed to creating a blockchain and cryptocurrency world where any asset across the globe can move freely between different blockchains and do so quickly and at the cheapest price possible. Thanks to the project’s new partnership with Nervos, that reality is getting closer and closer. The Nervos Network aims to create an all-encompassing build architecture that allows dApp developers to build once and reach all of the users, everywhere. What the Partnership between Sifchain and Nervos Means for Blockchain Users If there is one thing that has become an absolute certainty over....
CKB booked a 35%+ gain after the release of its Godwoken L1 solution and the launch of a new NFT marketplace. Positive price movement during bear markets are notoriously hard to come by due to the non-stop FUD of media and lackadaisical interest from crypto investors.One crypto that managed to flash green on June 12 is the Nervos Network (CKB), an open blockchain protocol designed for universally accessible decentralized applications (DApps). Data from Cointelegraph Markets Pro and TradingView shows that CKB put on a 50% gain in July after climbing from a low of $0.0033 on June 30 to a....
Nervos Network rallied 341% in a month as plans to launch a DeFi platform and new layer-2 offerings bear fruit. The crypto market continues to search for scaling solutions as decentralized finance (DeFi) applications struggle with surging fees, but some alternative solutions are piquing investors' interest. For example, Nervos Network has enticed investors' appetites with a 341% rally in a month. The project also carries the Chinese government's stamp of approval, further increasing the odds for this project's future relevance.Nervos Network is a blockchain project based in China that....
Chinese blockchain network Nervos has announced a $5 million fund to back emerging DeFi projects China’s Nervos Network has launched a $5 million fund to support projects building decentralized exchanges, lending platforms, and other DeFi protocols.According to a Feb. 10 announcement from Nervos, the fund will be used to provide cash grants and direct support to fintech and blockchain entrepreneurs. In particular, Nervos is looking to back Defi teams building trustless decentralized exchanges, synthetic asset solutions, identity protocols, lending solutions, prioritizing projects striving....