A Letter to the Bitcoin Community From Nerve

By NULS | Nerve | 15 Apr 2020

Dear Bitcoin community,

I am Nerve — A decentralized digital asset service network

Bitcoin has now reached more than 100 billion in market capitalization, which even exceeds the fiat market cap of many countries. In the development process of the blockchain various public chains have also emerged, however, assets on each chain have become islands of value, and some breakthrough Defi use cases cannot maximize their value due to the limitation of the local coin on the chain, therefore the emerging blockchain industry cannot continue to make strong breakthroughs. This situation needs to be changed urgently.

Now, we will inherit the ideas of Satoshi Nakamoto and continue to promote the development of the BTC ecosystem. We will connect the Bitcoin network with more blockchain ecosystems, radiate other public chain ecosystems into the Bitcoin ecosystem, and build a value Internet that relies on Bitcoin.

What we will bring to the Bitcoin community

We will formulate a universal heterogeneous blockchain cross-chain interaction protocol to link more mainstream blocks into the Bitcoin ecosystem. Through the standard protocol conversion layer of Nerve, it can match the common interface standards for development, access to more mainstream digital assets such as Bitcoin, and form a universal heterogeneous cross-chain interaction protocol. You only need to develop a module following the common interface standard, and you can load Nerve’s cross-chain interaction protocol through the verification and upgrade of virtual banks and consensus nodes. This will support the Bitcoin network to connect with more blockchain ecosystems and form A blockchain ecological network with interconnected values that have enabled the world to enter the era of value internet.

We will also expand the application scenarios of Bitcoin, such as decentralized mortgage lending, decentralized exchanges and other Defi applications. Although it cannot be directly implemented on this chain, Nerve can easily expand Bitcoin’s Defi application scenarios.
We will provide a new smart lightning network for mainstream digital assets such as Bitcoin. The confirmation time of Bitcoin transactions will be shortened and the transfer fees will also be reduced. Through Nerve, you can initiate fast Bitcoin transactions with low fees and achieve second-level confirmations.

Nerve is a multi-asset, open and transparent value interaction platform, which provides all the underlying support needed for the Defi application ecosystem. We deposit digital assets such as BTC into centralized platforms, such as exchanges, centralized wealth management wallets, etc., However, these platforms can misappropriate these assets at will, like a black box, which cannot ensure the security of the assets.

On Nerve instead, you can build a platform for asset transactions and all data is open and transparent. Your assets are controlled by multi-signature through cross-chain virtual banks to ensure their security.
As a complete Defi application ecosystem, asset exchange will be an essential infrastructure. We will build a decentralized trading platform NDEX (Nerve DEX) based on the Nerve network, which is designed as an open exchange that anyone can participate in. NDEX is implemented using on-chain matching. All consensus nodes participate in transaction matching and ensure the fairness of the exchange.

What will you gain?

If you are a Bitcoin holder, based on the decentralized multi-asset, open and transparent value network built by Nerve, you will have more application channels and using scenarios for the Bitcoin you hold. Which let your Bitcoin become a real hard currency! In addition, you can transfer your Bitcoins to the Nerve network to participate in Staking and get additional NVT rewards.

If you are a Bitcoin pool/miner, besides earning the Bitcoin mining revenue, you can join the maintenance of the Nerve network and become a virtual bank or consensus node, which will earn considerable additional reword. With Bitcoin halving, we think this is a good win-win option.

If you are the developer of the Bitcoin community, we don’t think anyone can understand the Bitcoin network better than you. We hope that you can work with us to build a universal heterogeneous cross-chain interaction protocol, and for more meaningful landing applications under the chain interaction protocol, we will provide you with generous rewards and honors.

Of course, you get more than that! You are welcome to join Nerve and discover the secrets together!

About Nerve

Nerve is a decentralized digital asset service network which is based on the public chain NULS’s microservice framework and is a set of heterogeneous cross-chain interaction protocols developed and built by the ChainBox — one of NULS core chain-building products. It aims to break the status of the island of blockchain value, establish a cross-chain interoperable asset interaction network, and provide all the underlying support for the Defi application ecosystem, letting digital asset holders enjoy truly secure, free and transparent Defi application services.

I’m Nerve, I am coming. I am looking forward to bringing something different for the world!

Join our social media and explore Nerve!

How do you rate this article?


NULS Verified Member

NULS is a blockchain infrastructure for customizable services, driven by our global open-source community


NERVE is a decentralized digital asset service network.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.