NKN
Reputation Ratings

NKN

NKN 5-10 years
Cryptocurrency
Website https://nkn.org/
Browser
OTH RELPs
Github
White Paper
NKN Avg Price
+2.9%
1D

$ 0.074653 USD

$ 0.074653 USD

Market Cap

$ 58.517 million USD

$ 58.517m USD

24h trading volume

$ 7.781 million USD

$ 7.781m USD

7d Vol

$ 40.979 million USD

$ 40.979m USD

Circulating supply

780.799 million NKN

Related information

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

Github Messages

More

Warehouse

None

Github's IP Address

[Copy]

Codebase Size

0

Last Updated Time

2015-04-09 19:58:16

Language Involved

--

Agreement

--

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Current Rate0

Available

0.00USD

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NKN Price Chart

Introduction

Markets

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.

User Reviews

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1 ratings

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Dory724
New Kind of Network, aiming for a decentralized internet. Innovative, but adoption challenges in the competitive space.
2023-11-30 22:23
9