NKN Price (NKN)
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NKN Price Live Data
The live NKN price today is $0.260789 USD with a 24-hour trading volume of $23,939,626 USD. NKN is down 3.03% in the last 24 hours. The current CoinMarketCap ranking is #172, with a live market cap of $182,552,390 USD. It has a circulating supply of 700,000,000 NKN coins and a max. supply of 1,000,000,000 NKN coins.
If you would like to know where to buy NKN, the top exchanges for trading in NKN are currently Binance, Huobi Global, Upbit, Bitget, and TOKENCAN. You can find others listed on our crypto exchanges page.
NKN, or New Kind of Network, is an open-source protocol for public blockchain-based peer-to-peer Networks to share network bandwidth and Internet connectivity. The project was launched in January 2018 and lists Stephen Wolfram, creator of Mathematica and Wolfram|Alpha, and Whitfield Diffie, inventor of public-key cryptography as advisors. NKN Mainnet was launched in July 2019 and has up to 25,000 full consensus nodes (more than Bitcoin or Ethereum).
Notable use cases for NKN include:
- Content Delivery system (contract with Chinese video giant iQIYI)
- Edge computing (contract with China Mobile)
- D-chat (secure messaging app)
- nShell (secure remote terminal access).
NKN’s consensus algorithm is based on Cellular Automata, A New Kind of Science and Ising Model, where a simple local majority rule can lead to system-level convergence in a small number of iterations. The design goal is to scale to arbitrary numbers of equal consensus nodes.
NKN uses a global addressing scheme based on public keys, in order to enable direct peer to peer communication without centralized servers. The routing of packets is based on Chord Distributed Hash Table (DHT), which maps each NKN address to a random and verifiable position on the Chord DHT ring.
NKN Price Statistics
|24h Low / 24h High|
|Volume / Market Cap||0.1311|
|Fully Diluted Market Cap||$260,789,128.55|
|Yesterday's Low / High|
|Yesterday's Open / Close|
|7d Low / 7d High|
|30d Low / 30d High|
|90d Low / 90d High|
|52 Week Low / 52 Week High|
All Time HighApr 09, 2021 (4 months ago)
All Time LowMar 13, 2020 (a year ago)
|Circulating Supply||700,000,000 NKN|
|Total Supply||700,000,000 NKN|
|Max Supply||1,000,000,000 NKN|