$ 0.074653 USD
$ 0.074653 USD
$ 58.517 million USD
$ 58.517m USD
$ 7.781 million USD
$ 7.781m USD
$ 40.979 million USD
$ 40.979m USD
780.799 million NKN
Issue Time
2018-05-28
Platform pertained to
--
Current price
$0.074653USD
Market Cap
$58.517mUSD
Volume of Transaction
24h
$7.781mUSD
Circulating supply
780.799mNKN
Volume of Transaction
7d
$40.979mUSD
Change
24h
+2.9%
Number of Markets
100
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
+1.63%
1D
+2.9%
1W
+5.85%
1M
+5.78%
1Y
-22.6%
All
+0.49%
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