Nervos CKByte
The CKByte (Common Knowledge Byte) is the native token of the Nervos CKB. The CKbyte
represents ownership of the Common Knowledge Base blockchain and is used as a store of
value and for resource management. Equivalent to owning land, the CKByte is used to
store assets, smart contracts, and other types of “common knowledge.” You can choose to
rent out your space, or simply “hodl” in the Nervos DAO for value preservation.
The CKbyte scales with value creation through other tokens, assets, data and smart
contracts deployed on the network. As the Nervos network grows, so does the demand for
the CKByte token. It is this innovative crypto-economic design that ensures the
network’s "store of asset" properties, aligns all participants, and secures the
network’s future indefinitely.
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