What is Nxt?

"Nxt is an advanced open source blockchain platform that builds on the functionality of the first wave of pioneering cryptocurrencies like Bitcoin. The Nxt platform includes many core-level features, such as a Decentralized Asset Exchange, Marketplace, and Voting system, all in additional to the NXT digital currency itself. Nxt is easy-to-use, permissionless and gives its users complete freedom in many ways. For example, using the NXT currency as a payment system cannot be restricted, creating a marketplace listing cannot be denied, and, for developers, neither is creating advanced blockchain-based applications through the Nxt Application Program Interface (API)."

- NxtPlatform.org
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General

TICKER SYMBOLS
NXT
AGE
6 years old (November 24, 2013)
ICO / CROWDSALE
September 28, 2013 @ 04:00 AM - November 18, 2013 @ 05:00 AM
CURRENT PRICE
$0.012268
Updated 3 minutes ago via cryptocompare.com
CHEDDUR ALL TIME HIGH
$1.87
2 years ago
CIRCULATING SUPPLY
998,999,942 coins
Updated 24 minutes ago via coinmarketcap.com
MARKET CAP
$12,256,206
Updated 2 minutes ago
CREATOR
BCNext

Technical

TOKEN
Nxt Token
BLOCKCHAIN / LEDGER
Uses own
MONETARY POLICY
Maximum Supply (998,999,942 coins)
PRE-MINED / RESERVED
No
CONSENSUS MECHANISM
Proof of Stake (PoS)
MINEABLE / STAKEABLE
Yes
AVERAGE CONFIRMATION TIME
1m
HASHING ALGORITHM
SHA-256d
1
nxt (NXT)
1E-8
nxtQuant

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