Nxt (NXT)

Type: Protocol | Categories: Blockchain as a Service

ROI

228,405.88%

More about ROI

Rank

#2 / 200

Current Price

0.03885 USD

Price at ICO

0.00002 USD

Market Cap.

17,000 USD

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Token/Coin

NXT OVERVIEW

Nxt (NXT) is a decentralized cryptocurrency which runs on its own blockchain. The open source project was launched in 2013. The developer behind the project is anonymous and is known only by the handle of BCNext. Nxt uses proof of stake so cannot be mined. Features that come as part of the Nxt blockchain include a messaging system and marketplace. Owners of the Nxt cryptocurrency can participate in shareholder voting, enabling them to make community-based decisions. It is possible for additional currencies to be built on the Nxt blockchain using its so-called Monetary System. Recent updates to the Nxt platform include phasing, which requires certain conditions to be met for a transaction to be executed, such as the approval of multiple accounts.

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