🔥 $NKN (New Kind of Network) — is a token that supports a decentralized data transmission network for Web3. The protocol provides secure, scalable solutions for dApps, IoT, and much more. Be part of the global network revolution! 🌍
💰 Price:
📊 Market Capitalization: ~$56.78M
🎯 Circulating Supply: 776M out of 1B tokens
🌟 Why NKN?
- 🌐 Network Freedom: Create an open, decentralized network that replaces outdated centralized solutions.
- 💸 Earnings: Launch a node and earn rewards in NKN for providing network resources.
- 🛠️ Utility: Pay for data transmission, incentivize network participants, and support dApps.
🔧 NKN Technical Innovations:
- MOCA (Majority Consensus Algorithm): A unique consensus based on 'Proof of Useful Work'. Nodes are rewarded for data transmission rather than computations like in PoW, making the network energy-efficient.
- Cellular Automata: Used for dynamic data routing, ensuring network resilience against failures and attacks. This allows NKN to scale to millions of nodes.
- nConnect: A decentralized solution for VPNs and secure tunnels, simplifying access to private networks without intermediaries.
- DataRide: A protocol for low-latency data transmission, ideally suited for IoT, streaming, and edge computing.
📢 News: The launch of the nConnect update has caused a stir, simplifying access to decentralized VPNs. The trading volume for the day has risen to $8.4M! 🚀
🌍 NKN is not just a token; it is the foundation for the internet of the future! Join the decentralized era! 🌐
Notes
- Volatility: NKN is subject to fluctuations related to news about protocol developments and market trends in Web3. The recent increase of 5.21% over 24 hours (according to market data) is related to the excitement around nConnect.
- Utility: NKN is used to pay for network services and incentivize nodes, making it a key element of the ecosystem. This attracts developers and node operators, but requires active community participation.
- Risks: Like many altcoins, NKN depends on the adoption of technology and competition in the decentralized networks sector. The limited supply (1B tokens) can support the price, but low liquidity on some exchanges increases volatility.