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Crypto Reporter
Online magazine about cryptocurrencies and blockchain technologies
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Pastel Network, the first application-specific & purpose built NFT blockchain that has developed protocols tailored to address the needs of the NFT space, has partnered with Nervos Network, a suite of interoperable protocols built on top of an open network, designed for enterprise applications. This partnership, quasi-simultaneous with Pastel’s partnership with TomoChain, is a testament to the need for reliability, security and verifiability in the NFT space, which Pastel’s unique infrastructure solutions provide. The partnership encompasses Pastel’s Sense and Cascade protocols, both of which the Nervos Network will be integrating into their ecosystem.

Pastel has developed groundbreaking technologies with the goal of rendering the NFT space more secure for all parties involved, including Pastel’s Sense protocol. This technology is a first-of-its-kind near-duplicate detection system for NFTs, which assesses NFT rarity by comparing assets against all others in the ecosystem and the Internet. While current verification protocols can tell if images are similar or different, Sense is able to detect how similar or different two given NFTs are. Sense provides a solution to guard NFT creators, collectors, buyers and sellers from copyright infringements and scams that is lacking in today’s market.
Pastel’s Cascade protocol introduces an added layer of security by addressing a second major issue plaguing the NFT space — rug pulls and NFT disappearances. Cascade combats data losses and manipulation by offering permanent, lossless storage. It functions by distributing NFT data in chunks across different nodes in the system, meaning that even if there were a network disturbance, NFTs will be fully recoverable. Moreover, users need to just pay once to store forever.
“The NFT space is ripe with opportunity, but few projects are addressing the security and storage issues in the industry. With its innovative technologies, Pastel is solving many of these challenges and truly protecting users and digital assets on NFT dApps,” said Kevin Wang, co-founder at Nervos. “By integrating Sense and Cascade, Nervos will be able to offer security and reliability to developers and users working with NFTs in our ecosystem.”
Backed by VC heavyweights including Sequoia Capital, Polychain Capital, and Multicoin Capital among others, Nervos is providing readily interoperable solutions that will unlock the potential of Universal dApps. Nervos has partnered with and helped enhance a number of projects across the blockchain space, in the DeFi, NFT and Gaming sectors, such as Kollect.me, the first marketplace launched on the network.
The Nervos Network provides another much-needed solution for the blockchain space. Nervos allows enterprises to build and deploy decentralized applications (dApps) without committing their entire tech stack to the blockchain, allowing them to more easily scale their products. Nervos’s sophisticated hybrid solution, achieved by combining the advantages of a public blockchain and an application chain, has attracted many NFT projects that stand to benefit from the network’s partnership with Pastel.
“Nervos’s technology changes the way users can interact with others via NFTs by granting them the ability to send, receive, and create NFTs with little-to-no fees,” explains Anthony Georgiades, co-Founder of Pastel Network. “We’re excited to provide the infrastructure that will allow Nervos and the many decentralized applications built on top of it to take advantage of their ever-growing opportunities in the NFT ecosystem by providing enhanced security and reliability.”
By providing this versatile and seamless integration to both Layer 1s and Layer 2s, Nervos is ushering the blockchain ecosystem into a new era of connectivity, scalability and flexibility. The Network’s partnership announcement with Pastel signals that Nervos will continue to grow its presence in the NFT space, and wishes to do so with the added security and reliability of Pastel’s robust protocols.
About Pastel Network
Pastel is the world’s preeminent protocol standard for NFT technology. Pastel also allows for the development of third-party applications to sit on top of its Network, enabling developers to enjoy the scalable registration features, storage processes, and security of the broader ecosystem. Lightweight protocols such as Sense – which was built to assess the relative rareness of a given NFT against near-duplicate metadata – and Cascade – which conducts permanent, distributed storage of underlying NFT data – can be integrated across any native L1 blockchain or L2 marketplace.
Pastel is an entirely native blockchain supported by SuperNodes, which provides computational resources to the network to support asset registration, distribution, and permanent storage. Pastel is managed by world-class developers, cryptographers, and technologists, supported alongside an experienced and extensive network of marketers, influencers, and third-party agencies. Pastel is backed by key stakeholders including Innovating Capital, a prominent venture fund.
For more information on Pastel Network, visit https://pastel.network
About Nervos Network
The Nervos Network is a collection of protocols and public blockchain ecosystem aiming to solve the biggest challenges facing blockchains like Bitcoin and Ethereum today.
The Nervos Common Knowledge Base (CKB) is the layer 1, proof of work, public permissionless blockchain protocol of the Nervos Network. It allows any crypto-asset to be stored with the security, immutability, and permissionless nature of Bitcoin while enabling smart contracts and layer 2 scaling. Its unique crypto-economic model is designed to better align the interests of users, developers, and miners as compared to first-generation blockchains.
For more information on Nervos, visit www.nervos.org
Filed Under: Press Releases




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