What is NKN?

The New Kind of Network (NKN) is the utility token of the NKN network, which is a P2P network connectivity protocol which uses token economic incentives to motivate users to share network connection unused bandwidth. It claims to be the biggest blockchain network in the world, with more than 70,000 nodes NKN designed a signature chain as a proof of relay (PoR) for nodes along the route. This allows a level of secure data transmission that is not only verifiable, and also resistant to attacks. It uses a decentralised data transmission network, so that data can be transmitted between any clients efficiently, without centralised servers.