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Cryptocurrencies:  6,103Markets:  24,871Market Cap:  $353,597,790,57024h Vol:  $91,700,747,984BTC Dominance:  60.9%
Market Cap:  $353,597,790,57024h Vol:  $91,700,747,984BTC Dominance:  60.9%Cryptocurrencies:  6,103Markets:  24,871

NKN (NKN)

$0.023577 USD (0.17%)
0.00000202 BTC (-4.00%)
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  • Market Cap
    $13,761,364 USD
    1,179 BTC
  • Volume (24h)
    $1,702,958 USD
    145.87243805 BTC
  • Circulating Supply
    583,666,666 NKN

    Reported Circulating Supply

    601,333,000 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 Statistics

NKN Price$0.023577 USD
NKN ROI
-80.35%
Market Rank#387
Market Cap$13,761,364 USD
24 Hour Volume$1,702,958 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
$0.031928 USD /
$0.013821 USD
30 Day High / Low
$0.027441 USD /
$0.019837 USD
7 Day High / Low
$0.024399 USD /
$0.021369 USD
24 Hour High / Low
$0.024220 USD /
$0.022956 USD
Yesterday's High / Low
$0.024220 USD /
$0.022956 USD
Yesterday's Open / Close
$0.023800 USD /
$0.023548 USD
Yesterday's Change$-0.000252 USD (-1.06%)
Yesterday's Volume$1,697,611 USD
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