PCKB
pCKB (via Godwoken Bridge from CKB)
pCKB (via Godwoken Bridge from CKB)
PCKB
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pCKB (via Godwoken Bridge from CKB) Information
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About pCKB (via Godwoken Bridge from CKB)
pCKB is a layer 2 sUDT token on the Godwoken chain, built on the Nervos network, designed to facilitate transactions and manage fees similarly to how ETH operates on Ethereum. It was introduced with Godwoken v1 and maintains a value pegged to the native Nervos token, CKB, but with different decimal precision.
pCKB is a layer 2 sUDT token type deployed on the Godwoken chain, introduced with Godwoken v1. It operates on the Nervos network and serves as an ERC-20 representation of CKB, the native token of Nervos, at layer 2. This token maintains its value pegged to CKB but has different decimal places: 8 decimals on layer 1 (CKB) and 18 decimals on layer 2 (pCKB).
pCKB is primarily used to collect transaction fees within the Godwoken chain, similar to how ETH is used in Ethereum. The gas fee for each smart contract is calculated by multiplying the gas used by a specified gas price, denoted in pCKB. Beyond transaction fees, pCKB can also be utilised for various other purposes within the Godwoken ecosystem, including smart contract execution, dApp operations, and renting blockchain space.
