NKN
$ 0.078424 USD
$ 0.078424 USD
$ 60.686 million USD
$ 60.686m USD
$ 3.15 million USD
$ 3.15m USD
$ 37.055 million USD
$ 37.055m USD
776.505 million NKN
Related information
Issue Time
2018-05-28
Platform pertained to
--
Current price
$0.078424USD
Market Cap
$60.686mUSD
Volume of Transaction
24h
$3.15mUSD
Circulating supply
776.505mNKN
Volume of Transaction
7d
$37.055mUSD
Change
24h
-8.24%
Number of Markets
92
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
--
Token conversion
Current Rate0
0.00USD
Historical Price
Introduction
Markets3H
-3.08%
1D
-8.24%
1W
-10.61%
1M
-11.61%
1Y
-25%
All
-3.97%
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.
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