NKN (NKN)

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.
Rank 422
Price $0.0173
Market Capitalization $3 736 463
24 Hours Volume $175 924
Available Supply 215 798 204 NKN
Max Supply 1 000 000 000 NKN
Change (1 Hour) -1.69%
Change (24 Hours) 24.68%
Change (7 Days) 27.14%
Cryptocurrency News
December 18th, 2018

Travel website Travala.com, the so-called AirBnB on the blockchain, now offers to book over 550,000 hotels in 210 countries using Ripple’s XRP token.

December 18th, 2018

Konstantin Rabin, financial expert and crypto enthusiast, unveils what hides behind the recent shut down of once promising stablecoin project – Basis.

December 18th, 2018

The Blockchain Transparency Institute confirms the long-anticipated fears that most exchanges engage in wash trading. Their December report clears on Binance and Bitfinex only.

December 18th, 2018

A subsidiary of Overstock, tZERO, has announced that they are hired by GSR Capital, a private equity company, in order to develop a new crypto token which will be used specifically for trading cobalt.

December 18th, 2018

The Swiss government wants to adjust its existing financial laws to the needs of the blockchain sector with a view to support its development.

December 18th, 2018

XRP has been pretty much asleep for a very long time and as we are approaching the end of 2018, the much-needed news about Ripple’s partnerships with major financial institutions have started erupting in the crypto-space.

December 18th, 2018

The new service that allows users to broadcast their own messages via Lightning Network, will be available worldwide starting from January 2019.

December 18th, 2018

San Francisco-based cryptocurrency exchange and wallet service Coinbase has launched its new “Convert” service as a part of their “12 Days of Coinbase” mission, imagined to help people and their clients all over the world.

December 18th, 2018

Finally, crypto market starts showing at least some signs of recovery: Tether (USDT) manages to enter the top-five cryptos by market cap (for the short period of time though) while EOS gains considerable 25%.

December 18th, 2018

Should the bulls succeed in breaking up the supply level of $103, Ethereum price will rally to the north and target the strong supply level of $131.