NKN Price usd_nkn Price today

NKN nkn

Go trade

the website

＄0.072325 +1.30%

Glob. Mkt Cap Rank： Unranked

2024-08-07:09:36:36update

24H High

0.5322

24H Turnover

853.66千万

Max Supply

0.0

24H TR

2.32%

24H Low

0.5159

24H Vol

16194363.15

Curr. Issued

700000000.0

24H High-Low

+3.16%

ATH

10.60

Highest Mkt Cap

3.68亿

Circulating Supply

700000000.0

Dominance

0.00%

ATL

0.04

Mkt Cap (Float)

3.68亿

Circulating Supply

70%

Issue Date

2018-05-28

Introduction

Latest News

News Flash

Basic information

Full Currency Name	/NKN
Currency Code	NKN
Coin Intro	"NKN is the native token of the NKN ecosystem economy. It was issued on May 28, 2018, with a total supply of 1,000,000,000 NKN. As the native token of the NKN ecosystem, NKN can be used to incentivize network resource sharing and effectively utilize excess network bandwidth. NKN is a new generation of internet infrastructure, an open, decentralized, and community-built and shared network infrastructure and ecosystem driven by blockchain technology. NKN incentivizes users to share their excess network bandwidth, assisting device service providers in effectively allocating network resources, encouraging individuals and businesses to deploy more nodes to join the network and provide data transmission services to other nodes, thus earning economic rewards. NKN aims to create new opportunities for network transmission using blockchain technology, addressing issues such as resource allocation, transmission efficiency, and value transfer in current networks. It becomes a public chain infrastructure that blockchainizes network transmission resources, following Ethereums blockchainization of computing power and Filecoin/IPFSs blockchainization of storage capacity. Its technological innovations lie in dynamic routing, proof of relay, highly scalable consensus mechanisms, and resource-sharing incentives. NKN is particularly suitable for network connection and transmission-intensive applications: for example, a new CDN based on NKN to accelerate video streaming, and Pub/Sub to support instant messaging, IoT data collection, and real-time software information push services. Introduction to the NKN founding team: The NKN project was initiated by Dr. Yannan Li, former co-founder of Onchain, with Dr. Whitfield Diffie, the father of modern cryptography and 2015 Turing Award winner, serving as a project advisor. The core members come from experienced R&D and management teams at Google, Qualcomm, Nokia, Amazon, and Baidu. The current price of NKN is $0.064025, with a 24-hour trading volume of $3.06531 million. NKN has fallen by 12.18% in the past 24 hours. Currently ranked 146th on BeeChecker by market capitalization, its market cap is $48.3283 million USD. Its circulating supply is 754.831 million NKN, and its issuance is 1000 million NKN."
Issue Date	1527465600000
All-Time High	$2.0777545
All-Time Low	$0.00648615
Total Supply	1000000000
Circulating Supply	754831361.6775
Circulating Supply Percentage	0.7548313616775
Market Cap	1975581985790
Fully Diluted Market Cap	$6.4025426e-11
Mkt Cap (Float)	$48328399
Circulating Market Cap % of Global Total	0.00002446286681474995
Listed on Exchanges	17
Official Link	https://nkn.org/
Whitepaper	https://www.nkn.org/doc/NKN_Whitepaper.pdf
Blockchain Explorer	"https://neotracker.io/asset/c36aee199dbba6c3f439983657558cfb67629599"
Telegram
Github	https://github.com/nknorg/coniks-go
Twitter	https://twitter.com/NKN_ORG
FaceBook	https://www.facebook.com/nkn.org
Reddit	https://www.reddit.com/r/nknblockchain

Currency Introduction

NKN (New Kind of Network) is an open, decentralized, and community-built network infrastructure and ecosystem driven by blockchain technology. NKN incentivizes users to share their excess bandwidth, assisting device service providers in effectively allocating network resources, encouraging individuals and businesses to deploy more nodes to join the network and provide data transmission services to other nodes, thereby earning economic rewards.
The goal of NKN is to create new opportunities for network transmission using blockchain technology, addressing issues such as resource allocation, transmission efficiency, and value transfer that exist in current networks. It aims to become a public blockchain infrastructure that tokenizes network transmission resources, following Ethereums tokenization of computational power and Filecoin/IPFSs tokenization of storage capabilities. Its technological innovations include dynamic routing, proof of relay, highly scalable consensus mechanisms, and resource-sharing incentives.
The NKN token is the native token in the NKN ecosystem economy, used to incentivize network resource sharing and effectively utilize surplus network bandwidth.

Project Advantages

1. Consensus Among Millions of Nodes
An innovative MOCA consensus algorithm that is highly scalable and supports an unlimited number of consensus nodes. Our testnet currently has over 5,878 consensus nodes from around the world, second only to Bitcoin and Ethereum in number.
2. Network Aggregation Acceleration
Data transmission between nodes and clients can leverage the aggregated speed of multiple paths. Adding more NKN nodes to the network can significantly increase its overall throughput.
3. No Centralized Servers Required
Achieves full peer-to-peer functionality and true decentralization without the need for centralized servers. This significantly reduces system architecture complexity and costs, avoids service outages due to single points of failure, and prevents centralized targets for hacker attacks, along with the privacy issues that arise from these factors.
4. Unique Global Identifier
A uniquely identifiable NKN address allows network services to connect with clients anywhere in the world at any time, helping people discover and search for applications and services. Ensures services and links are always available.
5. Enhanced Security and Privacy Protection
Supports end-to-end and hop-by-hop encryption without requiring additional public key infrastructure or third-party certification authorities.
6. Low Latency
Supports various types of applications, including real-time 3D games, AR/VR, and IoT. Supports edge computing and path optimization. Data transmission between NKN nodes can occur off-chain, not limited by consensus speed.

Core Technologies

1. Decentralized link connection and network overlay based on Chord DHT.
2. Large-scale node rapid consensus mechanism: MOCA (Mocha) consensus.
3. Verifiable data transmission signature chain and proof-of-relay (POR).
4. Incentive distribution and mining mechanism based on effective data forwarding.

Application Scenarios

Developers (B2D)
NKN provides developers with a universal peer-to-peer network layer without the need to develop and maintain any centralized servers.
Individual Users (B2C)
Provides better connectivity and more access options. Consumers can also earn rewards by sharing their unused network bandwidth with other users.
Enterprise Providers (B2B)
Assists enterprise users in providing better network coverage and efficient utilization of idle network resources. NKN has the second-largest global node scale after Bitcoin and Ethereum. Distributed network applications will enhance user experiences with improved access products.
Jay is an application developer who created a great social media app called JinMessenger. To make his product accessible to a global audience and turn it into a commercial success rather than just a traditional communication tool, he can develop a decentralized application (DApp) on NKN using the provided DApp networking toolkit to quickly create and launch a globally accessible product. Additionally, Jay can submit his application to NKN to receive sharing incentives.
WiFi Secure Sharing
NKN assists in sharing WiFi connections securely:
- Facilitates secure authentication and sharing without third-party custody risks.
- End-to-end encryption to alleviate privacy concerns.
- Integrated wallet and convenient token payment methods.
- Supports automatic billing based on sessions, traffic, or time.
Further serves the ecosystems of smart IoT and smart home systems.
NKN and loTex announced the launch of a strategic partnership to provide blockchain-driven solutions for connecting and managing smart home devices. All smartphone, tablet, router, system manufacturers, wireless operators, wireless semiconductor suppliers, medical, automotive, IoT, smart home, smart city, and location service providers can connect to NKNs network services.
NKN can integrate with and support more existing network applications.
It can integrate with and support more existing network apps, transforming their network layers or providing connection conveniences, giving them partial decentralized attributes, making them more convenient and secure, reducing maintenance and network costs while enhancing user experience. For example:
• WhatsApp, Nimbuzz, and ChatMe supporting XMPP
• Various audio/video applications like Google Hangouts, FB Messenger, Discord, GoToMeeting supporting WebRTC.

Related Links:
https://www.qukuaiwang.com.cn/szhb/2758.html###

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Development History

2020年第二季度Commercialization of TUNA/NanoPay: multiple applications (such as agents, game video streaming), market pricing, and commercial agreements. nMain network stage 4: scalability and security, routing and consensus enhancement, new assets.

2020年第一季度Commercialization of Pub/Sub: hosting, free/monthly payment, permission setting of enterprise edition, data storage, commercial agreement. nMain network stage 3: scalability and security, virtual machine (internal use).

2019年第四季度Commercialization of nCDN: Support hosting Docker and nCDN cloud services and commercial agreements. nMain network stage 2: exchange of main network, enhancement of economic model, mobile wallet and application, built-in d-chat.

2019年第三季度Pre-release of products: product creation (including application, console and portal), business development and user trial, partners and suppliers. nPrimary network stage 1: scalability and security, wallet and browser, shielding ERC-20 exchange and digital exchange platform technology integration.