$ 0.093022 USD
$ 0.093022 USD
$ 72.537 million USD
$ 72.537m USD
$ 8.7 million USD
$ 8.7m USD
$ 75.962 million USD
$ 75.962m USD
782.26 million NKN
Issue Time
2018-05-28
Platform pertained to
--
Current coin price
$0.093022USD
Market Cap
$72.537mUSD
Volume of Transaction
24h
$8.7mUSD
Circulating supply
782.26mNKN
Volume of Transaction
7d
$75.962mUSD
Change
24h
+10.42%
Number of Markets
103
More
Warehouse
None
Github's IP Address
[Copy]
Codebase Size
0
Last Updated Time
2015-04-09 19:58:16
Language Involved
--
Agreement
--
Current Rate0
0.00USD
3H
-3.13%
1D
+10.42%
1W
-18.15%
1M
+11.86%
1Y
-23.01%
All
+28.37%
NKN (New Kind of Network) is a blockchain-based network connectivity protocol and ecosystem that aims to improve the decentralization and efficiency of data transmission across the internet. NKN utilizes a novel public blockchain for network resource coordination while incentivizing participants (nodes) with its native token, NKN, for contributing their connectivity and bandwidth.
NKN's main innovation lies in its use of a unique consensus mechanism called MOCA (Majority-vote Observable Cellular Automata), which facilitates high-throughput, low-latency, and scalable peer-to-peer data transmission. This allows NKN to offer various decentralized data relay services, including web 3.0 applications and streaming.
The NKN token serves several purposes within the ecosystem: it is used to reward nodes for data transmission services, pay for network services, and participate in governance decisions. By empowering users to share their network resources, NKN aims to create a more open, efficient, and robust internet infrastructure.
1 ratings