The live price of NKN (NKN) today is 0.085362 USD, and with the current circulating supply of NKN at 754,831,361.68 NKN, its market capitalization stands at 64,434,236 USD. In the last 24 hours NKN price has moved -0.000759 USD or -0.01% while 872,569 USD worth of NKN has been traded on various exchanges. The current valuation of NKN puts it at #282 in cryptocurrency rankings based on market capitalization.
Learn more about the NKN blockchain network and how it works or follow the price of its native cryptocurrency NKN and the broader market with our unique COIN360 cryptocurrency heatmap.
NKN (New Kind of Network) is a novel, peer-to-peer network connectivity protocol and ecosystem powered by blockchain technology. It aims to revolutionize the internet by introducing a decentralized, shared, and open network infrastructure. NKN's unique approach to networking seeks to enhance network connectivity, security, scalability, and self-evolution capabilities.
NKN employs a unique consensus mechanism known as MOCA (Majority vOte Cellular Automata). This consensus algorithm combines cellular automata and the concept of ispp (information spreading protocol) to achieve efficient and secure consensus without the need for proof-of-work or proof-of-stake.
NKN operates on its own proprietary blockchain, designed to handle large-scale network data transmission. It uses a highly scalable public blockchain combined with a decentralized data transmission network.
NKN's unique consensus mechanism and blockchain design allow it to scale efficiently, handling a large number of nodes without compromising performance or security.
NKN's network is designed with robust security measures. Its decentralized nature and unique consensus mechanism make it resistant to common network attacks.
NKN ensures user privacy by employing end-to-end encryption for all data transmitted over the network.
NKN is a fully decentralized network, with no central authority or single point of failure. This ensures the network's resilience and reliability.
NKN is developed by a team of experienced professionals in the fields of networking and blockchain technology. The project is governed by the NKN Foundation, a non-profit organization dedicated to promoting and advancing the NKN ecosystem.
NKN has a wide range of potential use cases, including decentralized content delivery, private networks, peer-to-peer applications, and more. It has the potential to disrupt traditional network infrastructure by providing a more secure, private, and efficient alternative.
NKN can be purchased on several cryptocurrency exchanges, including Binance and Huobi. Users can trade Bitcoin or Ethereum for NKN.
NKN can be stored in any wallet that supports ERC-20 tokens, including hardware wallets like Ledger and Trezor, and software wallets like MyEtherWallet and MetaMask.
NKN has formed partnerships with several notable companies in the tech industry, including Google Cloud, IBM, and China Mobile.
NKN's future plans include further development of its core technology, expansion of its ecosystem, and exploration of new use cases for its network protocol.
Like any blockchain project, NKN faces potential risks and challenges, including regulatory hurdles, technological obstacles, and market competition.
NKN has a vibrant and active community of users, developers, and supporters. The community contributes to the project through code development, network participation, and promotion of the NKN ecosystem.
NKN is committed to complying with all relevant regulations and laws in the jurisdictions it operates in. It works closely with legal advisors to ensure its operations are fully compliant.
In conclusion, NKN is a groundbreaking project that aims to revolutionize network connectivity through blockchain technology. Its unique approach to networking, combined with its robust security measures and scalable design, make it a promising solution for the future of internet infrastructure.
|NKN Price||0.085362 USD|
|Market Cap||64,434,236 USD|
|24h Volume||488,807 USD|
|Circulating Supply||754,831,361.68 NKN|
|Max Supply||1,000,000,000 NKN|
|Yesterday's Market Cap||65,159,709.71 USD|
|Yesterday's Open / Close||0.087083 USD / 0.086324 USD|
|Yesterday's High / Low||0.087494 USD / 0.084597 USD|
-0.01% ( 0.000759 USD )
|Yesterday's Volume||872,569.15 USD|