¥ 0.06499
5 min ago
(-1.46%)
NKN (New Kind of Network) is a highly scalable, self-evolving and self-incentivized blockchain network infrastructure. It addresses the network decentralization and self-evolution by introducing Cellular Automata (CA) methodology for both dynamism and efficiency. NKN tokenizes network connectivity and data transmission capacity as a useful Proof of Work.
Proof of Relay (PoR) is a peer-to-peer sharing mechanism at blockchain level. Participants receive rewards by contributing more network resources than they consume. NKN uses Proof of Relay mechanism to guarantee network connectivity and data transmission capacity.
NKN is an ERC20 token that serves as a currency on the NKN ecosystem and works as the incentive given to participants that share their connectivity and bandwidth.
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