Question 1

What is Nockchain (NOCK)?

Accepted Answer

**Nockchain** is a layer-1 blockchain that uses a consensus mechanism called **Zero-Knowledge Proof of Work (ZKPoW)**. In this model, participants generate zero-knowledge proofs to validate blocks and maintain consensus, rather than relying on hash-based proof of work. Proof verification takes place on-chain, while most computation occurs off-chain.

The native token **NOCK** is issued through the mining process defined by the protocol. The network launched without a pre-mine or private allocations, and token issuance follows a fixed schedule defined at genesis. Nockchain includes a programmable execution environment where applications can submit off-chain computation results that are verified on-chain using cryptographic proofs.

Question 2

What is Nockchain (NOCK) token used for?

Accepted Answer

NOCK is required for core protocol operations and economic activity within the system:

- **Transaction fees:** NOCK is used to pay for submitting transactions to the network, with fees based on transaction size.  
- **Block production and consensus:** The token is issued as a reward to miners who produce valid zero-knowledge proofs and extend the blockchain.  
- **On-chain data costs:** NOCK is used to pay for storing data and maintaining data availability required for proof verification.  
- **Value transfer:** The token can be transferred between accounts as the network’s native currency.  
- **Protocol interaction:** Users and applications use NOCK when interacting with protocol-level functions and smart contracts.

Question 3

Who created Nockchain (NOCK)?

Accepted Answer

Nockchain was developed by **Zorp Corp**. **Logan Allen** is the founder of Zorp Corp and is associated with the development of the Nockchain protocol.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	NOCK-USD NOCKUSD	kraken	AA	0.02052USD	10,92%	861.717,44NOCK	177	0.01850USD	0.02219USD
2	NOCK-USDT nock_usdt	lbank	C	0.02183USDT	17,42%	17.418.105,66NOCK	83.333	0.01859USDT	0.02224USDT
3	NOCK-USDT NOCKUSDT	mexc	C	0.02166USDT	17,51%	6.211.910,92NOCK	3623	0.01843USDT	0.02184USDT
4	NOCK-USDT nockusdt	safetrade	-	0.01739USDT	-4,92%	635.503,22NOCK	126	0.01830USDT	0.01900USDT
5	NOCK-USDT NOCKUSDT	coinex	C	0.02362USDT	0,00%	0NOCK	0	0.02362USDT	0.02362USDT
6	NOCK-USDC nockusdc	safetrade	-	0.01870USDC	0,00%	0NOCK	0	0.01870USDC	0.01870USDC