NKN (New Kind of Network) is an open, decentralized and community-based new network infrastructure and ecosystem driven by blockchain technology. NKN encourages users to share excess network bandwidth, assists equipment service providers to effectively allocate network resources, and encourages individuals and enterprises to deploy more nodes to join the network to provide data transmission services for other nodes, thereby obtaining economic returns.
The goal of NKN is to use blockchain technology to create new opportunities for network transmission and solve the problems of resource allocation, transmission efficiency and value transfer in the current network. It has become a public chain infrastructure that has another core element of information technology - network transmission resources blockchainized after the blockchain computing capability of Ethereum and the storage capability of Filecoin/IPFS blockchain. Its technological innovations lie in dynamic routing, network relay proof, highly scalable consensus mechanism and resource sharing incentives.
NKN token is the native token in the NKN ecosystem economy, which is used to incentivize the sharing of network resources and effectively utilize excess network bandwidth.

Project advantages

1. Million-node interconnection consensus
The innovative MOCA consensus algorithm is highly scalable and supports any number of consensus nodes. Our testnet currently has more than 5,878 consensus nodes from all over the world, the number is second only to Bitcoin and Ethereum.
2. Network aggregation acceleration
Node and client data transmission can take advantage of the aggregation speed of multi-point paths. Adding more NKN nodes to the network can massively increase the throughput of the entire network.
3. No need for a centralized server
Realize complete peer-to-peer and true decentralization without developing and running a centralized server. Significantly reduce the complexity and cost of the system architecture, avoid service paralysis caused by single point of failure and become a centralized target of hacker attacks. and the resulting privacy issues.
4. Unique global identification
The uniquely identified NKN address allows network services to establish connections with clients anywhere in the world; it helps people discover and search for applications and services. Keep services and links online at all times.
5. Safer and focus on privacy protection
Support end-to-end and hop-by-hop encryption without additional public key infrastructure or third-party certification authority.
6. Low latency
Support various types of applications, including real-time 3D games, AR/VR and IoT. Support edge computing and path optimization. Data between NKN nodes supports off-chain transmission and is not limited by consensus speed.

Core technology

1. Chord DHT-based decentralized link connection and network coverage layer.
2. Large-scale node fast consensus mechanism MOCA (Mocha) consensus.
3. The signature chain meeting of the verifiable data transmission and the useful workload proof-relay transmission proof (POR).
4. Incentive distribution and mining mechanism based on effective data forwarding.

Application scenario

Developers (B2D)
NKN provides developers with a common peer-to-peer network layer without the need to develop and maintain any centralized server
Consumer (B2C)
Provide better network connectivity and more access options, and consumers can also get rewards for sharing their idle network bandwidth with other users.
Enterprise-level vendors (B2B)
Assist enterprise users to provide better network coverage and efficiently utilize idle network resources.
NKN is second only to Bitcoin and Ethereum in terms of global node scale.
Distributed network applications will allow users to enjoy a better access product experience.
Jay is an app developer who created a great social media app, JinMessanger. In order to allow more users to experience his product, he hopes that this application can benefit users all over the world and become a commercial application, not just a traditional communication tool.
He can develop distributed applications (DApp) on NKN, and use the DApp network toolkit provided by NKN to quickly create and release a product that can be experienced globally. In addition, Jay can also submit applications through NKN to obtain shared incentives.
WiFi Secure Sharing
NKN assists in sharing WI-FI connections
- assists in secure authentication and sharing of connections, no risk of third-party hosting
- end-to-end encryption, eliminating Privacy concerns
- Integrated wallet and convenient Token payment method
- Support automatic billing function based on session, traffic and time
Further provide services for the ecosystem of smart IoT and smart home
NKN and loTex announced the launch of a strategic cooperation to provide blockchain-powered smart home device connection and management solutions.
All mobile phones, tablets, routers, system manufacturers, wireless operators, wireless semiconductor suppliers, wireless semiconductor suppliers, medical, automotive, Internet of Things, smart homes, smart cities and even location services can connect to NKN network service.
NKN can be compatible with and access to more existing network applications
Compatible with and access to more existing network apps, transform its network layer or provide it with connection convenience, so that it has partial decentralization properties, It is more convenient and secure, reducing its maintenance and network costs while improving user experience. For example:
• WhatsApp, Nimbuzz, and ChatMe that support Xmpp
• Various audio/video applications that support webrtc, such as Google Hangouts, FB Messenger, Discord, GoToMeeeting, etc.

Related links:
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