What problem does this service solve?

The Nervos Network's goal is to be multi-asset, store of value platform.Wanchain is a cross-chain protocol that is designed to record both cross-chain and intra-chain transactions between various blockchains.

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Company Description

The Nervos Network is an open-source public blockchain ecosystem that is designed to secure multiple assets. Unlike other smart contract platforms that require users to pay transaction fees to help secure the underlying networks, the Nervos Network hopes to create an incentive system that will enable multiple assets to be secured regardless of their price volatility. It does this by capturing the total network value through its native coin the Nervos CKByte, which entitles holders to storage rights on the Nervos blockchain. The network uses a PoW consensus mechanism.

Wanchain is a cross-chain protocol for inter-chain transactions. It was originally a fork of Ethereum, but is now a completely separate blockchain called the WAN chain, that also has a Proof-of-Stake (PoS) consensus mechanism. Wanchain is designed to be a decentralized and interconnected platform to exchange digital assets across separate blockchains. It is meant to connect the growing number of blockchain projects and make them inter-operable.

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