CSIMarket


NKN

NKN-USD

NKN (New Kind of Network) is a blockchain-based decentralized network that aims to provide a better infrastructure for the internet communication. NKN envisions to build a public blockchain to power a global communication network that is efficient, secure and scalable.

NKN's native cryptocurrency is NKN-USD, which is used as a utility token for the network. NKN-USD enables the payment of the transaction fees within the network, incentivizes the participation of nodes, and governs the protocol upgrades. NKN-USD is currently trading on multiple cryptocurrency exchanges, such as Binance, Huobi, Gate.io, etc.

NKN's network infrastructure utilizes a unique Proof of Relay (PoR) consensus algorithm, which allows routing network traffic through a decentralized network of nodes, incentivizing their participation and contribution. NKN's network can be utilized for a wide range of applications, such as DApps, IoT, video streaming, content delivery networks, and more.

NKN-USD is used to incentivize and reward nodes that provide valuable network services such as bandwidth, encryption, and network storage. This results in the creation of an efficient and secure decentralized communication network that can scale to meet the demands of the current internet infrastructure.

NKN-USD holders can also participate in governance decisions, such as the consensus protocol upgrades and improvement proposals. To ensure a transparent process, proposals are voted on by the community of NKN token holders, and any changes require a supermajority vote to pass. This process ensures that the network remains decentralized, democratic, and secure.

In summary, NKN-USD is a decentralized utility token used to incentivize and govern nodes in the NKN network. It aims to provide a better infrastructure for internet communication by leveraging blockchain technology and the unique PoR consensus algorithm. NKN aims to build a decentralized communication network that is efficient, secure, and scalable, capable of meeting the demands of the future.

NKN Bitcoin Cardano Binance Coin
 NKN: 0.00759 -0.0024 -24.10%





 
 Today's Performance of Cryptocurrencies




 Best Performing Cryptocurrencies One Day
Bitcoin SVBSV-USD  3.69 %
Energy Web TokenEWT-USD  3.27 %
iExec RLCRLC-USD  2.96 %
QuantQNT-USD  2.61 %
COTICOTI-USD  2.34 %
AlgorandALGO-USD  2.21 %
Trust Wallet TokenTWT-USD  1.65 %
Band ProtocolBAND-USD  1.53 %
Travala.comAVA-USD  1.02 %
OrchidOXT-USD  0.67 %
DecredDCR-USD  0.52 %
TrueUSDTUSD-USD  0.08 %
TetherUSDT-USD  0.01 %
USD CoinUSDC-USD  0.01 %
AnkrANKR-USD 0.00 %
Bitcoin DiamondBCD-USD 0.00 %
ConstellationDAG-USD 0.00 %
DeFiChainDFI-USD 0.00 %
ElectroneumETN-USD 0.00 %
FUNTokenFUN-USD 0.00 %
 PREV. Page: 1 NEXT 


 Worst Performing Cryptocurrencies One Day
HEXHEX-USD -14.29 %
NKNNKN-USD -13.79 %
OntologyONT-USD -12.68 %
HorizenZEN-USD -8.62 %
KadenaKDA-USD -7.86 %
Nervos NetworkCKB-USD -6.67 %
LoopringLRC-USD -6.67 %
Basic Attention TokenBAT-USD -6.47 %
SerumSRM-USD -6.45 %
DashDASH-USD -6.20 %
UMAUMA-USD -6.01 %
ChilizCHZ-USD -6.00 %
CelsiusCEL-USD -5.94 %
Curve DAO TokenCRV-USD -5.88 %
QtumQTUM-USD -5.84 %
Kyber Network Crystal v2KNC-USD -5.74 %
Pirate ChainARRR-USD -5.58 %
The SandboxSAND-USD -5.43 %
RavencoinRVN-USD -5.08 %
Kava.ioKAVA-USD -5.02 %
 PREV. Page: 1 NEXT 





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BKKT

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Bakkt Inc
Miscellaneous Financial Services Industry


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APLD

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$0.0000 0.00%


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Cloud Computing & Data Analytics Industry


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Market Cap. Shares Outstanding
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Applied Digital Corporation
Cloud Computing & Data Analytics Industry

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Employees Shares Outstanding
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Revenue Growth Income Growth
MRQ Y/Y - % MRQ Y/Y - %
Net Income TTM P/E
$ -184.339 mill. -



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