Nerve is a decentralized network and an interaction protocol between blockchain chains based on NULS. The goal is to establish a network for the interaction of assets between chains, which is known as cross-chain. This functionality will open new doors and has been an important goal for cryptographic developers, and this functionality becomes a big catch between Bitcoin and Ethereum, which is perhaps the biggest demand needed.
With a new smart and fast network, conventional digital assets such as Bitcoin, which has a long confirmation time and a high transfer rate, through Nerve, could occur quickly, with a low handling rate and perform second level confirmation through from Nerve.
Being an open and transparent platform, you can create an asset trading platform, controlled by multiple signatures through virtual cross-chain banks to ensure the security of assets in which all data is open and transparent. In centralized wallets or brokerage platforms, however, they can arbitrarily divert their assets.
The advantages that Nerve Networks has are several, such as inheriting infrastructure of microservices (Nulstar) to evolve more quickly, simpler and more efficient project, designed to complement the NULS blockchain, opening the possibility for BTC and ETH holders to interact with assets in a very efficient blockchain.
Well, according to Berzeck (founder and developer) the interaction of the chains works as follows:
"Every time blockchain is anchored, it needs to implement a set of interface protocol components for data interaction between the two chains. Virtual banks manage multiple signatures, addresses (smart contracts) and are responsible for checking and executing transfers within and out of assets.
See the chart below:
Currently when it comes to projects of this size involving interoperability, we have Nerve with the most promising, being part of the NULS ecosystem and we also have Cosmos and Polkadot working on similar projects.
What changes will this bring to NULS?
Considering that Nerve was designed to complement the NULS blockchain ecosystem, through Nerve, it will obtain full cross-chain support for major crypto projects.
People who own Bitcoin or Ethereum will be able to transfer their assets to the NULS ecosystem and participate in the construction of various types of applications, exchange various assets freely and securely. The Nerve Network will definitely take the NULS ecosystem to a new stage of development and allow the entire blockchain industry to recognize the excellent technology expressed at NULS.
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