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NKN

NKN 100% Gains Don't Miss it NKN, or New Kind of Network, is an open-source protocol for public blockchain-based peer-to-peer Networks to share network bandwidth and Internet connectivity. The project was launched in January 2018 and lists Stephen Wolfram, creator of Mathematica and Wolfram|Alpha, and Whitfield Diffie, inventor of public-key cryptography as advisors. NKN Mainnet was launched in July 2019 and has up to 25,000 full consensus nodes (more than Bitcoin or Ethereum). 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. --------------------------------------------- Upcoming Events : 30 June 2020 - "New Assets" in Q2, 2020. -Routing And Consensus "Routing & consensus updates" in Q2, 2020. - Mainnet 2.0 nMobile -Web 3.0 Talk With ( Bluezelle / IoTeX / Storj / THETA ) - TUNA/NanoPay GA - NKN 2.0 Unveiled - NKNx Update
Long
by blabdali
The New Kind of Network vs TetherUS (Bullish vs Bearish)NKN Overview About NKN NKN bills itself as a 'new kind of P2P network connectivity protocol' that is powered by a public blockchain. NKN is used to incentivize Internet users to share their network connection and unused bandwidth. NKN's describes its networking infrastructure as 'open, efficient, and robust', thereby enabling application developers to build the decentralized Internet. Whitfield Diffie, inventor of public key cryptography (Diffie-Hellman) and 2015 Turing Award winner, and Stephen Wolfram, Founder and CEO of Wolfram Research, are listed on their publications as advisors for the project. The New Kind of Network (NKNUSDT) is starting to look good with prices now moving above EMA10. We have a volume breakout and bullish indicators (MACD and RSI). When we look at the shorter-timeframe, 4H, we can notice prices moving above resistance: If the purple trendline can be conquered, we will see prices jump next. Thanks a lot for reading. Namaste.
by AlanSantana
1
New Kind of Network (NKN) Chart Analysis With Targets (170%+)We are now looking at NKNBTC (New Kind of Network) on Huobi, let's see what we have here. First, let's start by noticing how EMA200 (brown line) has been rejecting NKNBTC's growth in the past two months... This is the level to watch out for. If EMA200 (0.00000268) can be conquered, we can expect strong growth to take place right after. But if instead this level can't be conquered, we will have another retrace as we saw in mid-March (green area). On the above chart, I marked the next strong support (0.00000184) as well as the last low (0.00000145). If prices drop below our main support, we still expect a strong bounce after (bold green arrow). We remain bullish long-term. Thanks a lot for reading. This is not financial advice. Namaste.
NLong
by AlanSantana
NKN Volume Breakout | Bulls Ready To Go (111%+)NKN (NKNBTC) just printed a strong volume bar today while breaking above EMA10, giving us the signal of a high volume breakout once confirmed. After EMA10 at 0.00000207, the next barrier/resistance is sitting at 0.00000238 which is marked in this chart by EMA50 (a yellow line). Once this level is conquered, NKNBTC can easily produce an impulse move up. If EMA (0.00000238) fails to be conquered, we follow the red arrow for consolidation to gain strength before the next jump. If not enough strength can be garnered, the prices will move lower and test a new low. Right now we are looking bullish and ready to go. Namaste.
by AlanSantana
1