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Market Cap:  $328,578,553,54824h Vol:  $106,908,535,692BTC Dominance:  58.6%Cryptocurrencies:  7,136Markets:  29,707

NKN (NKN)

$0.017639 USD (-24.27%)
0.00000169 BTC (-20.21%)
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  • Market Cap
    $10,295,535 USD
    988.84606638 BTC
  • Volume (24h)
    $4,746,316 USD
    455.86516510 BTC
  • Circulating Supply
    583,666,666 NKN

    Reported Circulating Supply

    601,333,312 NKN
  • Total Supply
    700,000,000 NKN
  • Max Supply
    1,000,000,000 NKN

About NKN

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

NKN Price$0.017639 USD
NKN ROI
-85.30%
Market Rank#470
Market Cap$10,295,535 USD
24 Hour Volume$4,746,316 USD
Circulating Supply583,666,666 NKN
Total Supply700,000,000 NKN
Max Supply1,000,000,000 NKN
All Time High
$0.545913 USD
(Jun 02, 2018)
All Time Low
$0.006411 USD
(Mar 13, 2020)
52 Week High / Low
$0.067390 USD /
$0.006411 USD
90 Day High / Low
$0.043537 USD /
$0.017490 USD
30 Day High / Low
$0.043537 USD /
$0.017490 USD
7 Day High / Low
$0.032017 USD /
$0.017490 USD
24 Hour High / Low
$0.031340 USD /
$0.017490 USD
Yesterday's High / Low
$0.027184 USD /
$0.018441 USD
Yesterday's Open / Close
$0.025690 USD /
$0.019160 USD
Yesterday's Change$-0.006530 USD (-25.42%)
Yesterday's Volume$8,084,769 USD
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