NKN, or New Kind of Network, is a decentralized, open-source network protocol that enables public blockchain-based peer-to-peer networks to share network bandwidth and internet connectivity ¹. Its primary objective is to address the challenges faced by today's internet, such as centralization, scalability issues, and security concerns.$NKN
*Key Statistics:*
- _Market Capitalization:_ $65.6 million ¹
- _Circulating Supply:_ 778.9 million NKN ¹
- _Total Supply:_ 778.9 million NKN ¹
- _Max Supply:_ 1 billion NKN ¹
- _All-Time High:_ $1.48 (April 9, 2021) ¹
- _All-Time Low:_ $0.006411 (March 13, 2020) ¹
*What makes NKN unique?*
NKN's novel MOCA consensus algorithm is horizontally scalable and supports an arbitrary number of consensus nodes ². This allows NKN's mainnet to support millions of full consensus nodes, more than Bitcoin and Ethereum. Additionally, NKN's network provides:
- *Decentralization*: Millions of nodes, ensuring high availability and scalability ²
- *Aggregated high speed*: Nodes and clients can utilize the aggregated speed of several routes ²
- *Zero Server*: Fully peer-to-peer and decentralized, with no need for centralized servers ²
- *Unique and global ID*: Unique NKN addresses enable services from anywhere in the world ²
*Use Cases:*
NKN's ecosystem offers various solutions, including:
- *nMobile*: Decentralized chat, wallet integration, and solution utilization ²
- *nConnect*: Remote access solution with strong security and ultimate privacy ²
- *DataRide*: Custom-built solutions for customers and documented resources for developers ²
*Where to Buy:*
You can buy NKN on centralized crypto exchanges like Binance, WhiteBIT, and BYDFi ³.