Odaily News According to the official announcement, BitMart will launch NKN (NKN) at 12:00 (ET on May 16), and the NKN/USDT trading pair will be opened.
Nkn (New Network) is a new network infrastructure and ecosystem driven by blockchain technology, which is open, decentralized and community-shared. Nkn encourages users to share excess network bandwidth, assists equipment service providers to effectively configure network resources, and encourages individuals and enterprises to deploy more nodes to join the network and provide data transmission services to other nodes, thereby obtaining economic returns. Nkn's goal is to use blockchain technology to create new opportunities for network transmission and solve the problems of resource allocation, transmission efficiency and value transmission in the current network. Following the computing power of the Ethereum blockchain and the storage capacity of the Filecoin/IPFS blockchain, Nkn has become a public chain infrastructure that has blockchainized another core element of information technology - network transmission resources. Its technological innovation lies in dynamic routing, network relay proof, highly scalable consensus mechanism and resource sharing incentives. The Nkn token is the original token in the Nkn ecosystem economy, which is used to encourage network resource sharing and effectively utilize excess network bandwidth.
