1H
0.85%$0.0001
24H
-0.79%$0.0001
7D
0.94%$0.0001
30D
-15.9%$0.0022
NKN is the new kind of network connectivity protocol & ecosystem powered by blockchain for an open, decentralized, and shared Internet. NKN (New Kind of Network) is a new generation of highly scalable, self-evolving and selfincentivized blockchain network infrastructure. NKN addresses the network decentralization and self-evolution by introducing Cellular Automata (CA) methodology for both dynamism and efficiency. NKN tokenizes network connectivity and data transmission capacity by a novel and useful Proof of Work. NKN focuses on decentralizing network resources, similar to how Bitcoin and Ethereum decentralize computing power as well as how IPFS and Filecoin decentralize storage. Together, they form the three pillars of the Internet infrastructure for next generation blockchain systems. NKN ultimately makes the network more decentralized, efficient, equalized, robust and secure, thus enabling healthier, safer, and more open Internet.
In this complete guide, Vladimir Malakchi, CMO of 482.solutions, figures out which consensus algorithms are presented in the industry, considers their features, and also touches on their shortcomings dispelling several myths.
While the presale has raised over $4.74M so far, some commentators are skeptical about the project’s potential.