$ 0.087602 USD
$ 0.087602 USD
$ 62.851 million USD
$ 62.851m USD
$ 7.474 million USD
$ 7.474m USD
$ 66.085 million USD
$ 66.085m USD
781.067 million NKN
Issue Time
2018-05-28
Platform pertained to
--
Current price
$0.087602USD
Market Cap
$62.851mUSD
Volume of Transaction
24h
$7.474mUSD
Circulating supply
781.067mNKN
Volume of Transaction
7d
$66.085mUSD
Change
24h
-2.38%
Number of Markets
101
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
+1.49%
1D
-2.38%
1W
+13.5%
1M
+8.69%
1Y
-27.24%
All
+10.43%
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