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/biz/ - Business & Finance


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26090052 No.26090052 [Reply] [Original]

Right now everyone is in a mad scramble to try to find whatever project that is going to be the first to market with a system that will allow Ethereum dapps and tokens to work in a way that we aren't all going to get raped by fees.
/biz/ seems to think that's either going to be AVAX, ADA, or something like OMG (no you don't count RLC fags). None of these are the ones, it's going to be CKB (common knowledge base).

https://www.youtube.com/watch?v=AXTvoSJo8Cg

CKB's on-chain VM (their equivalent of EVM on Eth) is literally just RISC-V.
RISC-V for the unenlightened is a completely free and open source instruction set for CPU and GPUs (the equivalnet of Intel's x86). What this means in practice is that ANY code in ANY language can be ported to CKB just by compiling to be run on a RISC-V chip. You literally cannot do better than this if you are talking about ease of porting projects for devs WHILE still guaranteeing the same security that they had on the previous chain.

https://www.youtube.com/watch?v=QHjmykiyT5Q

>> No.26090069
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26090069

RISC-V as chainVM as well as some extremely base and well thought out cryptographic primitives also allow something else that blows everyone else out of the water, this time on the User side, and that is that any other chain will be able to interact NATIVELY with CKB. No layer 2, staking bridge, or token wrapping required again it's just plug and play. And when say natively I mean NATIVELY as in, I have some Bitcoin in any native Bitcoin wallet, say Electrum, using my Electrum wallet, I send some Bitcoin to my CKB wallet, and now I have actual Bitcoin on CKB Network. Not "wrapped" Bitcoin, not "pegged stablecoin" Bitcoin, actual real Bitcoin that I can then use to stake or pool or put into any Smart Contract you could want. Ditto with Ethereum, if you have a Metamask full of shitcoins, you can send all of those to CKB using Metamask, and then interact with Smart Contracts using Metamask, all on the CKB Network. Essentially CKB will become a universal sidechain with zero barrier of entry.

https://www.youtube.com/watch?v=Fa_rH857piI

>> No.26090162

further reading for those who get it

https://www.nervos.org/ckb/
https://www.nervos.org/defi/
https://medium.com/nervosnetwork/an-introduction-to-ckb-vm-9d95678a7757
https://medium.com/nervosnetwork/https-medium-com-nervosnetwork-cell-model-7323fca57571
https://medium.com/nervosnetwork/nervos-dao-explained-95e33898b1c
https://medium.com/nervosnetwork/nervos-launches-force-bridge-to-connect-ethereum-dapps-users-with-ckb-24450df468f4
https://medium.com/nervosnetwork/towards-ckb-style-lego-pieces-polyjuice-on-godwoken-cbc935d77abf
https://medium.com/nervosnetwork/breaking-the-throughput-limit-of-nakamoto-consensus-ccdf65fe0832
https://medium.com/nervosnetwork/the-proof-of-work-function-of-nervos-ckb-3cc8364464d9
https://www.youtube.com/watch?v=6nYyYikSZj0
https://www.youtube.com/watch?v=NcN3NiBuJbo