Nxt
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For other uses, see NXT.
NXT is an open source[citation needed] cryptocurrency and payment network launched in 2013 by anonymous software developer BCNext.[1] It uses proof-of-stake to reach consensus for transactions—as such, there is a static money supply. Unlike Bitcoin, there is no mining.[2][3] NXT was specifically conceived as a flexible platform around build applications and financial services, and serves as basis for ARDR (Ardor), a blockchain-as-a-service multichain platform developed by Jelurida, and IoTeX (cryptocurrency)[4] the current steward of NXT as of 2021.[5] NXT has been covered extensively in the "Call for Evidence" report by ESMA.[6]
This article needs to be updated. (March 2021) |
Quick Facts Denominations, Symbol ...
Denominations | |
---|---|
Symbol | NXT |
Nickname | Nxtcoin (also incorrectly referred to as Nextcoin) |
Subunits | |
1 | NXT |
10−8 | nxtQuant |
Demographics | |
Official user(s) | Global |
Administration | |
Issuing authority | Administration Decentralized peer-to-peer consensus. |
Date of introduction | 24 November 2013 |
Inflation_rate | Disinflationary. All coins were distributed after IPO (28 September 2013 - 26 November 2013). |
Website | |
Authority website | www |
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