05/21/2018, 04:42:36 am
12 August 2018
25 July 2018
New Kind of Network or NKN is a completely independent, decentralized peer-to-peer (P2P) protocol network designed for blockchain. The New Kind of Network is also an autonomous communication protocol that provides the infrastructure for blockchain efficacy, efficiency, scalability, and security.
New Kind of Network is quite similar to the presently used internet protocols of TCP/IP, only that it exists for blockchain technology. The NKN token acts as the utility token of the New Kind of Network, this is an NEP-5 digital asset that is used in all backend engagements on the network. The NKN token is also utilized in smart contracts under New Kind of Network.