Here is what you are missing....NKN is built on top of TCP/IP, everything what is on the Internet stays, but your data is decentralized: no one can track you down (like Facebook or Google), you can make a use of unused bandwidth of other people in order to speed up your connection - intelligent routing, and ISP or government cant simply throttle connection to certain services, websites, etc or say what you're browsing... The idea is that ISP will be just providing connectivity without being able to control what you're browsing.
You'll earn NKN by providing your unsused bandwidth and when you want to use NKN, u pay with NKN...
Example... you want to stream high quality video while somewhere in a city but dont have enough speed... you open up NKN app and it automatically routes you through Nodes around you to the Internet providing you high bandwidth. Simply in the future, you wont be looking for free wifi in your area, you will just pull up and join NKN.
NKN - What is NKN? Explanation
Other urls found in this thread:
reddit.com
en.wikipedia.org
twitter.com
Question 1:
Will NKN be it's own chain with complete with ICOs and all that stuff?
Answer 1:
NKN introduced the concept of Decentralized Data Transmission Network (DDTN). DDTN combines multiple independent and self-organized relay nodes to provide clients with connectivity and data transmission capability.
This coordination is decentralized and does not require trust of any involved parties. The secure operation of NKN is achieved through a consensus mechanism that coordinates and validates the operations performed by each node. DDTN provides a variety of strategies for decentralized application (DApp).
In contrast to centralized network connectivity and data transmission, there are multiple efficient paths between nodes in DDTN, which can be used to enhance data transmission capacity.
Native tokens can incentivize the sharing of network resources, and eventually minimize wasted connectivity and bandwidth. Such a
property is termed “self-incentivized”.
Question 2:
Will NKN be it's own chain with complete with ICOs and all that stuff?
Answer 2:
NKN proposes an alternative to the current PoW by providing a more decentralized, dynamically
evolving, self-organizing and self-evolving network infrastructure and designing a whole new set of consensus mechanisms.
The novel PoW does not result in a waste of resources. Instead, it is a peer-to-peer sharing mechanism at blockchain level. Participants receive rewards by contributing more network resources than they
consume.
NKN uses Proof of Relay mechanism to guarantee
network connectivity and data transmission capacity.
Question3: Hurr durr, it can't make the Internet faster, only slower, because it will not go directly...
Answer3: you have a bad understanding of how routing works and it's pretty dumb... NKN can make use of their smart routing to choose the better, not cogested path to route the packets
AMA next week, post your questions here
reddit.com
Absolute shitcoin. The team is filled with known scammers. They refuse to get it listed on an exchange and private sale buyers will dump their 50m tokens on le hodlers at the end of July
DELETE
en.wikipedia.org
inventor of the public cryptography.
they didnt dump after the first release, why would they after the second? retard?
you;re not even trying to fud, so cheap.
never understood why you share this pic, what does it say that is bad for nkn? Please provide your explanation, master pajeet.
please, pajeet, explain
they never explain, because it doesnt contain anythign negative about nkn, stupid pajeets
>i-it didn't dump last time s-so it won't this time r-right guys
yes, because they're not dumb pajeets who flip for 30 % gains... they invested into NKN because of a reason.
it will be fun watching pajeets panic as the circulating supply keeps increasing
146.5 Mil / 700 Mil leaves plenty of room for new coins to keep entering the market
it's 200 M right now, it doesnt show on Coinmarketcap because private investors havent moved their wallets, get fucked, pajeet
OH, SNAP, into my cringe compilation of pajeets unsuccessfully fudding NKN
You are too low IQ to become rich. We wealthy people need guys like you to wageslave in low income jobs, so we can continue accumulating money and fully enjoy our lives. Thanks for you hard work, and please bring me another refreshing glass of champagne, it's really hard dealing with this hot tropical summer while sitting on the beach
Lmao, you're really going to trust a bunch of gooks who don't even have any actual network engineering expertise? Can't see a single CCIE on that scam team.
>NKN can make use of their smart routing to choose the better, not cogested path to route the packets
Lol, you mean like quality of service? How revolutionary.
People that think the Internet can be redically changed are retarded. Just look at the snail-paced progress with regards to the deployment of IPv6 and DNSSEC for instance. Lookup when those became draft standards, that'll give you an idea of how slow the rate of progress is.
Next thing about how hard they are pushing their "association" with Whitfield Diffie. It's clearly an attempt to pump up the profile and price of their shitcoin without merit.
bum
Donald Clinton
> no technical whitepaper
> no devs
> twitter followers and fb likes are paid indonesian botnet
> no marketing
> useless token just for a single platform
yeah, hidden gem
Ridiculous statement:
Just for example:
Check Zheng Li's Linked In. Masters degree in Engineering and Telecomm.
Software Engineering Manager at Nokia Bell Labs California..
i'm not going thru the others, you can do that yourself but these are people well above CCIE level. These are people that have teams of CCIE people working for them.