New Kind of Network (NKN) has published its progress report for the period of January 1st to January 14th.
One of the most significant updates in the report was the change of the ticker symbol of its NEP-5 token on the Switcheo exchange. NKN’s ticker was changed from NKN to NKNO on the 14th of January during Switcheo’s scheduled maintenance period. Now, both NKN’s NEP-5 (NKNO) and ERC-20 (NKN) standard tokens are tradeable via Switcheo.
Other highlights of the report were NKN’s source code development progress. The work done was reflected in NKN’s repositories on Github, namely: nkn, nnet, nkn-sdk-go, nkn-client-js, nkn-wallet-js, and nkn-mining. Most of the progress is claimed to reflect NKN’s effort in improving and rewriting its consensus algorithms and ledger modules.
The repositories received a total of eight pull requests and 47 commits as part of the reporting period.
The team also made numerous releases and updates to its core platform, including the NKN Go client and wallet SDK, Java client and wallet SDK, TestNet, and a change to its mining page.
NKN launched its new website on January 3rd, which claims to feature “a cleaner, more streamlined look as well as new content.”
In addition to receiving a cosmetic facelift, the new site also includes three content portals that serve the platform’s developer, miner, and partner ecosystems. The portals contain information that people can read to learn more about NKN’s efforts, including an introduction deck that contains 46 pages of updated materials.
Finally, NKN participated in the Blockchain Connect Conference: Academic 2019 in San Francisco on January 11th. Yilun Zhang, CTO of NKN presented at the event, alongside influencers such as Vitalik Buterin, the creator of Ethereum; Mic Bowman, principal engineer at Intel labs and others.
Zhang gave a talk titled: “technical solutions to achieve million-node consensus and 10k+ TPS with pure BFT-like algorithm,” and also participated in the panel: “token economy, curation markets and technical solutions.”
About The Author: Matthew North
Matthew North is a freelance writer and journalist who resides in East Asia. He spends his time writing and learning about financial technologies like the Blockchain and digital currencies. You can follow him on twitter @fintech_matthew.
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