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Nxt (NXT)







Nxt is an advanced blockchain platform which builds on and improves the basic functionality of pioneering cryptocurrencies such as Bitcoin. Cryptocurrency and financial systems are the first widely used applications of blockchain technology, but the blockchain and its associated technology can be used for so much more.

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. Nxt gives users complete freedom to create their own applications.




SPECIFICATION :

Ticker: NXT
Cryptocurrency with proof-of-stake (POS) forging
Total Coins: 1,000,000,000 NXT
Each NXT is Divisible to 10^8 NQT
Hash Algorithm: SHA-256
Encryption Algorithm: Curve25519
Block Speed: 1 Minute
Transactions per Block: 256
Max Attachment Size: 42K
POS Difficulty is Recalculated every two block
POS Reward: only transaction fees


















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Last update: 10/22/2017