What is the name of CKB coin (what kind of currency is CKB)?
What is the name of CKB coin? According to official news, CKB coin is called CKB
What is the name of CKB coin? According to official news, CKB coin is called CKBCoin, abbreviated as CCB. CCB (full name CCNB) is a blockchain-based digital asset trading platform service network developed by Kraken, a company from the United States. Its main businesses include decentralized exchanges and wallets.
At the same time, the project adopts a dual-layer operation system. The first layer uses a “hybrid” management model, and the second layer utilizes “smart contract” technology to achieve trustworthy data storage and sharing. The third layer uses distributed ledger technology to solve information security issues, ensuring that transaction confirmation time does not exceed 2 minutes by adjusting the block size. The fourth layer uses DPOS consensus mechanism for node election and voting governance, and the fifth layer supports the development and application of more public chain ecosystems.
What kind of currency is CKB?
According to official news, CKB is a currency and protocol token. Specifically, the amount of CKB held by users is allocated based on the number of transactions in the network. If users purchase one type of Bitcoin in exchange for another type of Bitcoin, they will receive a decimal point (kdn), while the other number represents the size of kbdt. These can be understood as a block producer (BIP) address or miner, but the block has not been mined yet. Before creating KCB, the corresponding hash value needs to be set to generate the first block, and then it is used to pay the users who mine KCB.
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