NKN is a P2P blockchain project aiming for a decentralized, open internet. It uses Proof of Relay and incentivizes bandwidth sharing.
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NKN is a blockchain-based P2P protocol designed to revolutionize network connectivity and build a truly open, decentralized, and community-owned internet. Founded in January 2018 by experts from companies like Google and Nokia, NKN distinguishes itself with a decentralized data network. Its nodes follow cellular automata principles, updating their states based on neighbors. It employs Proof of Relay consensus, incentivizes bandwidth sharing, and simplifies dApp development. The test network has successfully operated with around 6,000 nodes, largely managed by the community.
As of now, NKN is trading at 0.03546 USD, with a 24-hour trading volume of approximately 903.59K USD. The NKN to USD price is updated in real time. Over the past 24 hours, NKN has decreased by 1.61%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 27.91M USD. Currently, there are 787 173 677.772054 NKN in circulation out of a maximum supply of 787 173 677.772054 NKN.
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