NerveNetwork

NerveNetwork

NVT
$0.017292377%-3.03

Key Metrics

Price$0.017292377
Real Volume (24H)$782.39
Marketcap$4,789,706.26
Fully Diluted ValuationN/A
ATH$0.365258
ATH Date8/11/2020, 10:53:21 PM
ATL$0.00336074
ATL Date12/7/2022, 10:29:21 PM
Circulating Supply367M
Total Supply2.1B
WebsiteN/A
WhitepaperN/A
Popularity Rank1671
Chart
What is NerveNetwork?

NerveNetwork is an innovative cross-chain interaction protocol that aims to establish a decentralized network of digital asset services. This blockchain-based protocol is developed with the NULS microservice framework and NULS ChainBox, and it provides the necessary underlying support for the Defi application ecology.

With NerveNetwork, you can match the general interface standard for development and access more mainstream digital assets. Through the standard protocol conversion layer, NerveNetwork can form a general cross-chain interaction protocol. By following the general interface standard to develop a module, you can load the cross-chain interaction protocol of NerveNetwork after verification and upgrading of virtual bank and consensus node.

NerveNetwork is also capable of providing a new intelligent lightning network for mainstream digital assets like BTC. As Bitcoin has a long confirmation time and a high transfer fee, NerveNetwork enables fast transactions with low handling fees, and it can realize second-level confirmation. This makes it possible to easily implement decentralized mortgage lending, decentralized exchange, and other Defi applications that cannot be directly implemented in the chains of most mainstream digital assets like BTC that do not have smart contracts.

Through the NerveNetwork cross-chain interaction protocol, you only need a small amount of development through the standard interface, and then the blockchain with different structures can be transformed into a set of common asset types. These common asset types can be identified by the cross-chain modules in the NULS ecosystem. This way, you can achieve asset interaction inside and outside of the NULS ecosystem and provide rich Defi scenarios for mainstream digital assets like BTC.

NerveNetwork provides all the necessary underlying support for the Defi application ecology. It aims to break the isolated value island of the blockchain and establish a cross-chain asset interaction network. With NerveNetwork, every digital asset holder can enjoy the real security, freedom, and transparency of the Defi application services.

In conclusion, NerveNetwork is an innovative cross-chain interaction protocol that enables fast transactions with low handling fees, and it can realize second-level confirmation on the network. With its ability to transform blockchains into a set of common asset types, NerveNetwork makes it easy to achieve asset interaction inside and outside of the NULS ecosystem, providing rich Defi scenarios for mainstream digital assets like BTC.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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