NerveNetwork is a decentralized digital asset service network. Also, null-based Blockchain inter-chain interaction protocol was developed with Microservice framework and NULS ChainBox. In this article, as Kriptokoin.com, “What is NerveNetwork?” We will answer the question. In addition to these, we will touch on all the questions about the project.
What is the purpose of the NerveNetwork project?
The goal of the project; to develop a general chain-to-chain interaction protocol. It also aims to connect all isolated Blockchains and establish an inter-chain asset exchange network by providing all the essential support for the DeFi ecosystem.
What are the advantages?
- NerveNetwork is a decentralized cryptocurrency.
- In addition, payment is made reliably while transferring.
- Users who want to buy NerveNetwork can increase their income especially within the supply and demand.
- NVT is reliable, especially when considering inflation and the risk of collapse.
What are the disadvantages?
- The disadvantageous aspect of buying NerveNetwork is that it can cause loss due to NVT/ TRY prices changing according to the changes in the market. However, users can also profit when NVT / TRY prices increase.
How does it work?
NVT consists of 3 layers:
- Virtual bank: Create and manage multiple accounts or smart contracts in parallel chains, create, issue asset transferred transactions, etc. It is responsible for maintaining cross-chain assets, including It is also selected from consensus nodes and 15 consensus nodes. It will be selected by default with the largest deposit amount.
- Consensus node: Responsible for the blockchain. Consensus node can be formed with unrestricted deposits which can be less than 200,000 NVT. The consensus node number is fixed at 35. First 35 nodes are selected by deposit to protect the whole NRV.
- Common node: If common nodes are; other nodes are responsible for transaction aggregation, block and transaction verification, and providing services for applications.
What is NerveNetwork? How to buy NVT?
Exchanges that can be traded with NVT; MEXC is CoinTiger and AEX. To purchase coins, these steps are followed:
First of all, access the web/mobile application of the stock exchange that lists the NVT you have chosen as the first step. Then complete the account opening steps of the exchange. Complete the next step, the authentication and approval process. Follow the steps of the exchange, which is the next step, to deposit funds. As the last step, choose NVT according to the balance amount you want and create a purchase order. Store it in your trusted accounts.
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