Overview

NKN is the new kind of network connectivity protocol & ecosystem powered by blockchain for an open, decentralized, and shared Internet.

Project stage

Only a whitepaper

Detailed description

NKN (New Kind of Network) is a new project aiming to rebuild the Internet that will be truly open, decentralized, dynamic, safe, shared and owned by the community. NKN intend to introduce Cellular Automata to innovate on several major layers in the entire stack. 

First of all, the project will address the network decentralization in a broad sense, starting from application connectivity, to networking protocol. 

Secondly, the project intend to improve the underlying blockchain technology to achieve efficient and fair consensus without sacrificing node equality and decentralization. 

Finally the project will leverage blockchain to maximize network resource utilization and incentivize community driven network creation, participation and expansion.

Problem

  • Mesh network initialization highly depends on root node or seed nodes; 
  • Static network topology is susceptible to attack (even for mesh networks);
  • Absence of economic incentive scheme for the network transport layer; 
  • A compromised decentralization to enhance performance /controllability at expense of equality and scalability

Solution

  • All nodes are equal in the network;
  • Simple Cellular Automata (CA) rule is selected; - Every node keeps own CA state, as well as neighbors' CA state; 
  • For each cycle, all the nodes will update their CA state autonomously based on the same rule and neighboring states. 
  • The links will be adjusted based on their states, therefore the network topology is evolving without changing the underlying infrastructure or protocol

Features

  • Cellular Automata and Networking: Dynamic, secure, unpredictable, self evolving. 
  • Cellular Automata and Blockchain: PoW or Proof of Relay, fair and efficient consensus. 
  • Tokenizing network resource: Shared economy, efficient resource utilization.
Show details

Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : NKN
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 12,600,000 USD
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Own blockchain ()
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :1,000,000 NKN
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :350,000,000 NKN
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Open(Start Apr 11, 2018)
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :Australia, China, Singapore, USA,
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
    Get details
  • Token and Funds Distribution

    Token distribution date

    1-2 months after sale

    Unsold tokens

    NA
      • Token Distribution

          Vesting notes

          • Developers and Advisors: Over a 3-year period
          • Miners: Over an estimated 25-year period

    Sale schedule

    Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
    Token Sale — Ended
    19 Apr 09:00 UTC
    19 Apr 10:00 UTC
    0.13 No 1 ETH - 10 ETH Uncapped 12,600,000 USD
    • Team

      • Yanbo Li photo
        Yanbo Li
        Founder / Core Developer
      • Zheng “Bruce” Li photo
        Zheng “Bruce” Li
        Co-Founder / Strategy & Innovation
      • Yilun Zhang photo
        Yilun Zhang
        Co-Founder / Core Researcher & Developer
      • Justin Wang photo
        Justin Wang
        Core Researcher
      • Allen Dixon photo
        Allen Dixon
        Business Development & Compliance
      • Chris Wu photo
        Chris Wu
        Business Development & Operation
      • Whitfield Diffie photo
        Whitfield Diffie
        Inventor of Public Key Cryptography
    • Advisors

    Roadmap

    • Q4 2017

      Released NKN’s blockchain community forum with incentives for technical communication

    • Q1 2018
      • Release whitepaper 
      • Publish economic model and roadmap 
      • Publish introduction of team members and advisers 
      • Develop NKN blockchain
    • Q2 - Q4 2018
      • Develop NKN blockchain 
      • Develop NKN ecosystem in parallel
    • Q1 - Q2 2019
      • Launch NKN TestNet 
      • Release NKN ecosystem applications
    • Q3 2019
      • Launch NKN MainNet 
      • Launch NKN ecosystem

    Activity