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CKB Monthly Update March 2023

CKB Monthly Update March 2023

Hello Nervos Community!

Welcome to Nervos Monthly, where we share the latest developments in the ecosystem. Curated by CKBFans Chinese Community, we value your feedback. Share suggestions or ideas to help us improve our content for the community.

Highlights

1.1 ForceBridge

Forcebridge is a cross-chain bridge that connects CKB with other blockchains. Force bridge currently supports two chains - the Ethereum network and the BSC network and with plans to support more blockchains, such as Bitcoin, Tron, EOS, etc.

As of the publication of this newsletter, the Total Value Locked (TVL) on ForceBridge has reached $6,052,001, as shown in the following trend:

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Total Volume Locked on ForceBridge:

  • Ethereum:$5,371,177

  • BSC:$681๏ผŒ555

1.2 Godwoken - Layer 2

Godwoken is a Layer2 solution that combines Polyjuice's EVM compatibility layer with Roll-up expansion.This Layer 2 solution offers high throughput and security. With its support for the Ethereum Virtual Machine (EVM), Godwoken enables developers to use Ethereum contracts while maintaining scalability, speed, and low transaction costs.

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๐Ÿ“… 31.03.2023 โฎ #TVL last period: $10,546,608 ๐Ÿ†• #TVL this period: $11,062,707 ๐Ÿ“ˆ 30-day growth: 4.89%

view the Godwoken v1 data on Geckoterminal view the Godwoken v0 data on defillama

1.3 Hashrate

Hashrate measures the computing power used by a network to process transactions, and it helps investors assess a cryptocurrency's network health and security. A higher hashrate means a more decentralized and secure network that is more resistant to potential attacks.

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๐Ÿ“… 31.03.2023 ๐Ÿ”จ 30-day average hashrate: 162.4 P ๐Ÿ“‰ 30-day average growth rate: 67.21% ๐Ÿ’ฐ CKB per T: approx. 61 CKB

1.4 .bit (Formerly DAS)

.bit is the DID (Decentralized Identity) on Nervos.

*As of the publication of this magazine, the statistics on das.la are as follows:

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2.Development Progress Update

2.1 ๐Ÿ‘จโ€๐Ÿ’ป CKB Dev Update (Post-Quantum Signatures)

The CKB Dev team has introduced several enhancements to the CKB network, such as a quantum-resistant lock script on the testnet, a draft design for a multisig lock script, and the release of ckb-sdk-rust v2.5.0.

๐Ÿ”— Learn more: https://github.com/nervosnetwork/ckb/discussions/3902

2.2 ๐Ÿฆพ Axon Dev Update (Light Client)

Axon Dev has unveiled a new light client feature, showcasing the continuous development and progress of the CKB and Axon networks.

๐Ÿ”— Learn more: https://twitter.com/AxonWeb3/status/1638783133951885315?s=20

3. Monthly Ecological Progress & Highlights

3.1 ๐Ÿ’ก Nervos Co-Sponsors Bitcoin Energy Summit in Miami

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Nervos co-sponsored the Bitcoin Energy Summit in Miami, promoting clean energy adoption in PoW mining. Keynote speaker Matt discussed the importance of clean energy in the PoW field. The summit aimed to collaborate on sustainable solutions for power grids and blockchain security.

๐Ÿ”— Learn more: https://twitter.com/NervosNetwork/status/1640836005480603649?s=20

3.2 ๐Ÿš€ Enhancing CKB Contract Development with Lua Integration

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Cryptape integrated Lua 5.4 into the CKB Virtual Machine (CKB-VM) to create CKB-Lua, facilitating contract development on the CKB platform. This allows developers to run standalone Lua interpreters on CKB or embed Lua code into main contracts, lowering the barrier for CKB contract development.

๐Ÿ”— Learn more: https://blog.cryptape.com/enhancing-ergonomics-and-extensibility-of-ckb-contract-development-with-lua

3.3 ๐ŸŒ PolyCrypt to Implement Perun Channels on Nervos CKB

PolyCrypt received a Nervos grant to implement the Perun channel framework on Nervos CKB. This will enable faster, more efficient, and more private off-chain transactions, facilitating micropayments across various platforms while addressing cell model compatibility and on-chain state handling challenges.

Learn more: https://twitter.com/PolyCrypt_/status/1639191514193485824

3.4 ๐Ÿ• .bit launched Dogecoin support

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The .bit Web3 DID now supports managing decentralized identities using Dogecoin addresses, enabling cross-chain capabilities.

๐Ÿ”— Learn more: https://twitter.com/dotbitHQ/status/1638867700335411200

3.5 ๐Ÿ‚ CKBull 2.0 released

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CKBull Wallet Wallet version 2.0 has been launched, featuring NFTs, tokens, biometric security, and additional language options like Portuguese, Greek, and French, making it more accessible to users worldwide.

๐Ÿ”— Learn more: https://twitter.com/CKBull_Wallet/status/1638565362131148800

3.6 ๐Ÿ“ข Nervina Labs CEO Cipher Shares JoyID Wallet Updates in AMA

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Nervina Labs CEO and founder Cipher participated in a Reddit AMA, discussing the revolutionary Joy Protocol wallet, a passwordless, non-custodial, and fully decentralized wallet built on Nervos CKB.

๐Ÿ”— Learn more: https://www.reddit.com/r/NervosNetwork/comments/11spsvh/an_ama_with_cipher/

3.7 ๐ŸŽฌ Godwoken x Chris Jericho release "The Painmaker" comic and NFT collection

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Godwoken collaborated with Chris Jericho to release "The Painmaker" comic book and NFT collection, featuring a space-faring hitman's story. A live Twitter Spaces event celebrated the collaboration on March 18th.

๐Ÿ”— Learn more: https://twitter.com/GodwokenRises/status/1637094289238016001

3.8 ๐Ÿฆ Cryptape Announces Docs Hackathon

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Cryptape is organizing a hackathon and conducting a survey to gather feedback on the CCKB documentation for developers and blockchain enthusiasts. The goal is to improve the accessibility and usability of the CKB documentation.

๐Ÿ”— Learn more: https://twitter.com/Cryptape/status/1639235625974108162

3.9 ๐ŸŽฎ HuntingNFT V1.5 Launches on Mainnet & Initiates Proposal

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Nervos GameFi's HuntingNFT V1.5 officially launched, with a proposal for the development of HuntingNFT V2.0 in the CKB Community Fund DAO. The proposal aims to further advance the design and development of the HuntingNFT project.

๐Ÿ”— Learn more: https://dao.ckb.community/thread/vot-huntingnft-project-grant-proposal-42982

3.9 ๐Ÿ’ฐ NevDEX Launches IDO on YokaiSwap and Goes Live on Mainnet

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NevDEX, a DeFi trading platform on Godwoken, launched its IDO on YokaiSwap and went live on mainnet. It aims to provide comprehensive trading infrastructure for Nervos users. The mainnet is live and oversubscribed by 345% and 244% for the community pool and public pool, respectively.

4. Get Involved

4.1 ๐Ÿ’ป Learn CKB Development from Scratch

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Interested in developing dApps on CKB or curious about Nervos but unsure where to start? Our CKB tutorial is perfect for those with no coding skills, offering hands-on experiments on the Nervos testnet in both English and Chinese.

Get your hands dirty now: Learn CKB From 0๏ธโƒฃ https://zero2ckb.ckbapp.dev

4.2 ๐Ÿค Connect with the Nervos Community

Join the Nervos community on Discord

Stay updated with the latest Nervos ecosystem and technology news on Telegram

Stay informed on the latest CKB market updates on Telegram

That's all for this issue of the CKB Monthly Update. See you next time!

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