PKT Pkt Price USD

PKT Network (PKT) is the world's first blockchain that can handle large amounts of bandwidth. It is also the first decentralised ISP (ISP). PKT uses cjdns, an open-source mesh networking protocol, to improve how traffic is routed and provide free VPN. PKT makes it possible for network users to share internet access and make money off of their unused bandwidth.

PKT blockchain is based on Bitcoin's codebase, but instead of Bitcoin's SHA-256 hashing algorithm, it uses PacketCrypt, which is the first proof-of-work that is not affected by bandwidth. The PKT blockchain was made to give nodes a financial reason to become ISPs for the PKT network.

Together with its own mined coin, PKT Cash, the project wants to break up the monopoly on information around the world and let people access internet data without being limited by centralised middlemen.

As a reward for users who give bandwidth to other nodes in the network, PKT Cash can be used to buy VPN through Anode VPN, PKT's VPN marketplace, and then to pay internet utility bills through PKT pal, PKT's bill pay service.

PKT Network (PKT) makes it possible to connect to the internet without using a traditional ISP. The project says that replacing centralised middlemen with a peer-to-peer network of providers could stop corporations, app developers, and governments from spying on the internet and collecting data from users.

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