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What is Nxt (NXT)?

May 10, 2018 By admin_coin

What is Nxt Crypto Currency?
What is Nxt Crypto Currency?
A brief description of Nxt.
Nxt is an advanced blockchain platform which builds on and improves the basic functionality of pioneering cryptocurrencies such as Bitcoin.

Nxt Video

The purpose of Nxt 

Decentralized exchange, Data storage system, Build decentralized Autonomous Organisations, Voting System, Account control, Conditional Trustless transactions, Replace traditonal contracts between parties, Build Decentralized applications Trustless transactions between parties, Freedom of payments, Counterfeiting impossible, Fraud resistant, No single point of failure, No % based transfer costs, Token issuance

Nxt Abstract

Nxt revolutionises the financial technology, crowdfunding and governance industries by providing not only the groundbreaking NXT crypto-currency, but also a powerful, modular toolset to build with in any way Nxt users can imagine

More information can be found in the Nxt whitepaper https://bravenewcoin.com/assets/Whitepapers/NxtWhitepaper-v122-rev4.pdf

Other Nxt facts

  • Trading symbol: NXT
  • Governance: Centralized > Hierarchical
  • Open source: Yes
  • Product status: Fully working product
  • Consensus method: Proof of Importance
  • Emmission rate: Unknown
  • Transactions per second:  367,200
  • Total Supply: 1,000,000,000
  • Release date: 2013-11-24

Usefull Nxt links

  • Nxt’s Website
  • Nxt pricing data & fundamental Nxt information
  • Nxt’s Website
  • Nxt official blog
  • Nxt’s Bitcointalk Forum
  • Nxt’s Reddit Forum
  • Nxt’s block explorer
  • Nxt’s Alexa site stats
  • Nxt’s official forum: Unfortunately we don’t have this data available.
  • Nxt’s Github code repository:
    https://bitbucket.org/Jelurida/nxt/downloads/
  • Nxt’s roadmap:
    n/a
  • Nxt’s team page: n/a
  • Nxt’s whitepaper: https://bravenewcoin.com/assets/Whitepapers/NxtWhitepaper-v122-rev4.pdf

Filed Under: Nxt Tagged With: Altcoin, Crypto, Currency, NXT, What is?

Other questions related to this cryptocurrency:

  • Is Nxt (NXT) Centralized, Decentralized or Semi-Centralized?
  • What is the Consensus method of Nxt (NXT)?
  • All available information on the Nxt (NXT) ICO
  • How can I contact the Nxt (cryptocurrency) team?
  • Who is leading Nxt (NXT) crypto?
  • Where to find Historical trading info and past performance on Nxt (crypto)?
  • Where can I find fundamental analysis of Nxt (NXT)?
  • How to buy Nxt (NXT) cryptocurrency?
  • What is Nxt (NXT)?

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