Description
NKN (New Kind of Network) is a blockchain-based project aimed at transforming networking and internet connectivity by leveraging decentralized data transmission. Launched in 2018, NKN uses an innovative public blockchain to enable sharing of network connectivity and bandwidth, incentivized through the NKN token. The platform addresses key issues in traditional networking, such as inefficient resource utilization, lack of net neutrality, and centralization, enhancing security, privacy, and accessibility. NKN’s technological edge includes Cellular Automata for dynamic routing, Proof of Relay, and scalable consensus, making it apt for Web3 applications. It complements Ethereum for compute and IPFS for storage, offering a robust ecosystem for decentralized applications (dApps). Users can mine NKN tokens, currently at a supply of 776,608,924.2984138 NKN, trading at $0.08026807 USD with a 24-hour volume of $2,494,091.69. NKN thus positions itself firmly within the trillion-dollar communication industry as a pioneer of decentralized network connectivity. For more information, visit [NKN](https://nkn.org/).
NKN (New Kind of Network) is a blockchain-based project aimed at transforming networking and internet connectivity by leveraging decentralized data transmission. Launched in 2018, NKN uses an innovative public blockchain to enable sharing of network connectivity and bandwidth, incentivized through the NKN token. The platform addresses key issues in traditional networking, such as inefficient resource utilization, lack of net neutrality, and centralization, enhancing security, privacy, and accessibility. NKN’s technological edge includes Cellular Automata for dynamic routing, Proof of Relay, and scalable consensus, making it apt for Web3 applications. It complements Ethereum for compute and IPFS for storage, offering a robust ecosystem for decentralized applications (dApps). Users can mine NKN tokens, currently at a supply of 776,608,924.2984138 NKN, trading at $0.08026807 USD with a 24-hour volume of $2,494,091.69. NKN thus positions itself firmly within the trillion-dollar communication industry as a pioneer of decentralized network connectivity. For more information, visit [NKN](https://nkn.org/).