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Nervos Network (CKB) flies – Compatibility with the ETH EVM arrives

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On a weekend that opened to the downside with relatively few cryptocurrencies maintaining their price level. Among these there is some that grows by almost 30%. Let’s talk about CKB from Nervos Network, which recently introduced some very important news that can actually change their fates.

Dominating the scenario is the activation, on the beta mainnet, of Godwoken, update that will allow you to use contracts and Dapps written for the EVM from ETH also on the network of Nervos.

What’s happening on Nervos Network and why is everyone buying?

It is very simple to understand the reason for the boom from Nervos Network on the market today. In fact, the network has introduced a very important update on mainnet beta (and therefore still in the testing phase). Smart contracts and Dapps written for the ETH, thanks to an additional layer that allows compatibility with the standards of ETH.

This is a very important move for the network, which will thus be compatible with the standards most used by developers, without a dev are forced to choose to devote excessive time to learn the functioning of a new ecosystem. An initiative of this type can have gods huge riots in terms of volumes of use. Is called Godwoken and also presents other very interesting news.

  • Developers will be able to bring their ETH Apps to Nervos without doing anything

The second layer of Nervos Network will be able to host code written for ETH without any kind of adaptation. Give her App for DeFi up to those for other sectors. Everyone will be able to support technologies from Nervos.

The situation is also interesting from a more purely technical point of view – because a solution was used in multi-chain – which also allows the management of flexible wallets. This solution could be the first step towards a future in the Web3 for the protocol.

What will become of Nervos in the future? Here’s everything you need to know

There is actually a lot that is smoldering under the proverbial ashes for Nervos Network. It is a system that has a lot to say and that with very innovative technological solutions can make a difference in the world of cryptocurrencies and of blockchain of the present and the future.

The capitalization level is still quite low and would seem to leave room for future growth of token, towards higher altitudes.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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