BitMart launches NKN (NKN)

Odaily Planet Daily News: According to official announcements, BitMart will launch NKN (NKN) on May 16th at 12:00 (GMT+8 time), which will open NKN/USDT trading pairs. Nkn (New Network) is a new type of network infrastructure and ecosystem driven by blockchain technology, which is open, decentralized, and community shared. Nkn encourages users to share excess network bandwidth, assists device service providers in effectively configuring network resources, and encourages individuals and businesses to deploy more nodes to join the network, providing data transmission services for other nodes and thus 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 transmission in the current network. Following the computing power of Ethereum blockchain and the storage capacity of Filecoin/IPFS blockchain, Nkn has become a public chain infrastructure that blockchains another core element of information technology - network transmission resources. Its technological innovation lies in dynamic routing, network relay proof, highly scalable consensus mechanism, and resource sharing incentives. The Nkn token is the original token in the Nkn ecosystem economy, used to encourage network resource sharing and effectively utilize excess network bandwidth.