NXT Price $0.02841 Change (24H) -1.60% Volume (24H) $417K Market Cap $28.38M

NXT (NXT) Price, Stats & News

NXT Summary

NXT is an open-source crypto-platform featuring a decentralized, non-corporate structure. It’s similar to the Linux operating system in its support of the open-source mindset and its organizational structures. The developer known as ‘BCNext’ wrote the core code in Java and launched the NXT system in November of 2013. It utilizes its own native blockchain implementation based on the Proof of Stake paradigm instead of the Proof of Work. NXT is totally new code from scratch and has been running securely and independently for over a year. The new NXT core features include native blockchain implementation, and a block time of one minute, based on the Curve 22519 algorithm.

Technical Stats

Supply 1 Billion
Genesis Date November 24, 2013 (over 4 years)
Hashing Algoritm Proof of Stake
Block Time 1.0 Minute
Hashrate N/A

Project Links

Website http://nxt.org/
Blockchain Explorer http://www.mynxt.info
Main Forum https://nxtforum.org/

Nxt News

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