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NKNUSDT

A New Kind of Network ;NKN/USDT analysisWhat is 🌟Nkn 🌟? (Network Infrastructure for Decentralized Internet) 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. ❇️The current internet has got some serious issues! After years of transmutation, the Internet is in danger of losing its original vision and spirit. For example, Network Neutrality is overturned; spectrum and bandwidth are not efficiently utilized; information is fragmented and can be censored; and privacy protection is limited. These signal that the network needs a reform. ❇️Existing solutions are not suitable for next generation blockchain systems because they: 👉Utilize a centralized approach to improve efficiency. 👉Sacrifice the scalability of the network to speed up consensus. 👉Limit participation rate of nodes or require authorization to increase “security”. 👉Use purely financial motivations or trusted third parties to solve problems which should be solved by mathematics and technology 1-Structure :is inefficient 2-Utilization: wastes resources 3-Centralization: reduces trust The Client-Server model is expensive, complex, and prone to failure and attack Today, most communications need to go through a centralized server, where it can be blocked or sabotaged, hacked into, or eavesdropped on. The aim of NKN is to solve all of these problems by providing a decentralized solution with blockchain technology, and a state of the art network topology based on Cellular Automata. references:nkn.org - coinmarketcap ------------------------------------------------------------------------------------------------------------------- ✅TECHNICAL ANALYSIS As we can see in the weekly timeframe logarithmic chart for NKN, The current price roam about $0.2 , The currency has made headlines in recent weeks, experiencing a sharp increase of more than 250%; You see, let's imagine these two different patterns for it, the reverse head and shoulder pattern, and the cup again. Which gives us long-term goals of $ 0.38 and $ 0.8 and even the possibility of reaching $ 2.5, the return of which depends on the green market of Crypto. I think ,NKN can correct down to 50% or grow even up to 100% more in short-time by forming a flag pattern, so the stop-loss is necessary; if you are in a long position. (Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, because Because this crazy market also depends on the odds and there is no certainty.) -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion and you are responsible for your own trades or invests. ❤️with Best Regards and successful trades 👍plz hit that damn like button if you like it
Long
by PRO_SMART_Trader
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