Crypto
New Kind of Network
NKN
New Kind of Network
0.04641
-2.40%
≈0.04641
Circ/Total Supply
785426336/785471870
78.5%
Volume/24h%
3326158.676626
-2.4%
#--
24h Turnover
9.1%
NKN is the new kind of network connectivity protocol & ecosystem powered by blockchain for an open, decentralized, and shared Internet. We motivate users to share network connections, service providers to utilize unused bandwidth, and developers access to global peer to peer networking stack. NKN’s goal is to revamp the $1.4 trillion communication business, where we face many challenges today such as inefficient resource utilization, lack of net neutrality, and centralized network control. By blockchainizing the network layer, NKN is providing the missing third pillar of internet infrastructure just as Ethereum has done for compute and ipfs for storage. Our core technical innovations are dynamic routing, Proof of Relay, highly scalable consensus, and token reward mechanism. NKN is founded by Yanbo Li, former co-founder of Onchain and advised by Dr. Whitfield Diffie, the father of modern public key cryptography and 2015 Turing Award winner. NKN core team members come from Ex-Google, Qualcomm, Nokia, Amazon, and Baidu.
Q2 2020
TUNA/NanoPay commercialisation: multiple applications (e.g. agency, game video streaming), market pricing, commercial agreements. Mainnet Phase 4: scalability and security, routing and consensus enhancement, new assets.
Q1 2020
Pub/Sub commercialization: hosting, free/monthly payment, enterprise edition permission Settings, data storage, commercial agreements. Mainnet Stage 3: Scalability and security, virtual machines (for internal use).
Fourth quarter of 2019
NCDN commercialization: support hosting Docker and nCDN cloud services, commercial protocols. Mainnet Phase 2: Mainnet exchange, enhancement of economic model, mobile wallet and application, built-in D-chat.
Third quarter of 2019
Product pre-launch: product creation (including applications, consoles, portals), business development and user trials, partners and suppliers. Mainnet Phase 1: scalability and security, wallet and browser, shielded ERC-20 exchange and digital exchange platform technology integration.
