Doing review of ckb. Some of the questions are. 1. How easy

Question

Doing review of ckb. Some of the questions are. 1. How easy

is it for customers to switch from the solutions ckb is offering to another?

2. How easy can nervos solution be replicated?

3. Do you think this solution is a first mover or different from other market players?

4. How scalable is the solution?
Any admin can you help me out with some of this questions

#cryptocurrency #english #nervos

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26.04.2022

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TrvthS33k3r

Alejandro (Won't DM first)
My opinions are mine, therefore they have nothing ...

Great write up

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13.05.2022

Alejandro (Won't DM first) · Accepted Answer

My opinions are mine, therefore they have nothing to do with my moderator/admin status, and they are not financial advice, the answers to these questions should be known by every investor before investing, not after. 1 / Each user will use the solution that best suits their interests, the future is multichain and there is enough market and users for multiple networks. 2/ Launching a PoW network is very difficult nowadays. Basically because a PoW network is initially terribly vulnerable to attack due to low hashrate. In fact this is one of the reasons why IOHK developed Minotaur: https://eprint.iacr.org/2022/104.pdf Developing an L1 is developing a mammoth infrastructure that involves dozens of engineers and millions in financing. Also Nervos L1 is highly abstract, it is actually quite difficult to develop in L1 due to the Cell model. Those who best know the architecture and difficulties of Nervos are its creators. Therefore we have several barriers, which other networks do not have as a percentage, since they are PoS and Accountmodel. This question can also be applied to any OpenSource network, which is the majority (Algorand has patents, Kadena too, but little else, as far as I know). In any case. How many Bitcoin forks are there? How many are better than Bitcoin? Has anyone replaced BTC? No. It's not just making a fork, it's trust. 3/ In my opinion it is a unique solution. First because it doesn't follow Ethereum, it follows Bitcoin. CKB VM is unique, CellModel is unique, Godwoken is the first Optimistic Rollup Accountmodel on eUTXO in history, Nervos economic model is unique as Store of Value, it is the only one that provides a solution to state income (Near has implemented some type of state rent too) and the state explosion of the common, it is sustainable in the long term, it allows vertical and horizontal growth, and much more. In any case the philosophy of Nervos is not to compete with anyone but to benefit from mutual relationships. 4/Nervos L1 approximately has x10 the TPS of Ethereum for now (It can be improved and optimized in the future but the scalability of Nervos is at L2). The L2 in theory can scale unlimitedly using zkrollups, state channels, sidechains, etc. L1 is built and optimized to verify and be a transaction settlement layer while transactions and computation are done offchain on L2.

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