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NKN(NKN)
NKN, or New Kind of Network, is an open-source protocol for sharing Internet connectivity and network bandwidth in public blockchain-based peer-to-peer networks. The NKN Mainnet, which contains up to 25,000 full consensus nodes (more than Bitcoin or ...MoreEthereum), was launched in July 2019. The consensus process used by NKN is based on Cellular Automata and the Ising Model. The purpose of the architecture is to scale to any number of equal consensus nodes. To enable direct peer-to-peer communication without centralized servers, NKN employs a global addressing method based on public keys. The Chord Distributed Hash Table (DHT) is used to route packets, and it translates each NKN address to a random and verified place on the Chord DHT ring. KKN, the native token of the ecosystem, is used to incentivise the nodes operating NKN’s proof-of-relay (PoR) consensus algorithm. 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.
A quick snapshot of NKN ROI (return on investment) over different time periods.
Projects with a public Github account have more transparency and reliability. It's best to invest in projects with multiple contributors and commits (code developed and pushed to Github).
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Projects with low liquidity and smaller market cap are generally more risky. As the projects become more popular and traded with more people, they are less volatile and considered better investments.
Check the historical data and price changes on Coingecko.com
We do not have any data on the market cap and liquidity of this project.
A project backed by well-known investors is a strong signal for success. Take a closer look into NKN's investors.
Project announcements and news have a significant impact on the price. Below are live updates from NKN's Twitter and Reddit accounts.
Chart Analysis
A visual representation of data collected from multiple sources. This is not a buy or sell signal, rather helps you compare projects faster. Similar data can be collected from Coingecko, Coinmarketcap , Etherscan and ...
Liquidity
A higher liquidity score means it is easier to trade. Coins with low liquidity are harder to sell in bear markets.
Performance
A rating given by Coingecko, based on multiple metrics, which you can read on Coingecko.com.
Popularity
This is the community score and how popular a coin is in the community.
ATH Delta
This is based on how far the price has gone down since ATH (All Time High). In a bull market if the price is dropped by 40%, we consider it as 100% ATH Delta.
Overdue ATH
Time since last ATH. In a bull market the max number is 30 days, and projects with 30 days or more are considered to be ready for a new ATH.
Upcoming feature: We are working on using historical data to re-adjust Overdue ATH and ATH Delta dynamically.
Details of Wallets and Transactions
Blockchains | Holder | Transactions |
---|---|---|
Ethereum | 17,529 | 150,995 |
Total | 17,529 | 150,995 |
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