What is KNEX?
Knexcoin (KNEX) Migration Notice:
The Knexcoin network is entering a new era. Migration is imminent. We are officially honoring all Stellar-based Knexcoin holders as we transition to our next-generation Layer 1 blockchain.
This upgrade introduces a groundbreaking tokenomic model powered by Proof-of-Bandwidth (PoB) — a consensus mechanism that validates transactions by transmitting User Datagram Packets (UDP) across the open Internet Protocol (IP). Instead of relying on energy-intensive mining or traditional staking, KNEX leverages raw Internet bandwidth as the proof of value, creating a lightweight, scalable, and decentralized settlement layer.
Holders of Stellar KNEX will be credited on the new chain, ensuring continuity and fair recognition of early adopters. The migration unlocks a future of ultra-high throughput, real-time microtransactions, and global accessibility, positioning Knexcoin as a Layer 1 protocol built for speed, efficiency, and unstoppable growth.
Knexcoin is not just migrating — it’s evolving into the world’s first Proof-of-Bandwidth blockchain.