Nervos Network (CKB) is a token with effective scaling and increasing the value of itself by storing other cryptocurrencies on the blockchain network. The main advantages are the low cost of transactions, the almost infinite possibilities for scaling the blockchain and the security of the main chain.

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Research is a big part of building, recently the core team has been diving deep on Open Transactions.

In this thread, we'll explain what has been narrowed down so far about Open Transactions in (hopefully) simple terms!

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The Open Transaction (OTX) format can enable safe and reliable private transactions on CKB, significantly increasing CKB's fungibility.

The OTX mechanism can enable patterns similar to Bitcoin's CoinJoin, a huge win for privacy on CKB!