Ticker | Price | Txns 24h | 1H | 6H | 24H | Liquidity |
---|---|---|---|---|---|---|
$KNOT | $ 0.001314 | 438 | 0.93% | -1.08% | -8.5% | $310,875 |
Knot Diffie-Hellman ($KNOT), or Knot-DH, is a project that popularizes decentralized science (DeSci). This concept allows the utilization of blockchain technology to create incentivized community-driven scientific research and collaboration. It democratizes scientific discoveries by fostering data sharing and crowdfunding, boosting transparency and innovation.
Hosted by the DeSci project Quant.Bond, Knot-DH positions itself as a Post-Quantum key exchange scheme to establish a secure and efficient shared secret generation. It aims to achieve this by harnessing knot theory, finite-type invariants, and semigroup actions. The DeSci project aims to create enhanced security for Web3, Transport Layer Security (TLS), and future key exchanges by fusing quantum resistance and advanced topology.
While the project’s base algorithms are open-source, usage rights can be licensed, enabling the result to power secure computing systems and commercial apps.
$KNOT is the project’s native token, enabling crypto users and science enthusiasts to fund Knot-DH’s endeavors. Launched on the Solana-based memecoin generator, Pump.fun, $KNOT has amassed a market capitalization of over $7.1 million at the time of writing, showing investors’ interest in bringing the project’s ideas to reality.
This is a (daily) in-depth analysis by Memecoin Season about the most promising and/or successful meme coin projects within the dynamic blockchain space.
We first share this report with our invite-only community of investors and enthusiasts to study and potentially consider for their investment strategies. Then, the next day, we publish it for the general public.
While we thoroughly pick and analyze strong contenders in the meme coin space, remember that we do not give here any investment advice. Always consider your own goals and analyze the risks inherent to meme coins before investing.