At the #Nervos deep dive in Palo Alto. Secure, Decentralized consensus is necessary slow. The solution to scaling is to decrease the demand for consensus by moving normal operations to layer 2.
The native asset of Nervos is the Common Knowledge Byte, that allows you to store data. You pay for transaction fees in terms of state capacity with cycles of RISC-V (with a floating cycle price just like the Ethereum GAS price).
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Nervos uses PoW, still the only proven approach for decentralized participation, and is good for data availability.
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Nervos also uses Nakamoto Consensus to optimize network bandwidth usage. It will have a way to not repeat transaction twice, when initially broadcast from users to miners, then broadcast as mined blocks from miners to users.
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