Nxt is an open source blockchain platform and one of the first to rely on a proof-of-stake consensus protocol.
Launched in November 2013 and written from scratch in Java, Nxt is proof that blockchain technology is not only about simple transfer of value but also has the potential to revolutionize many aspects of our lives with the various decentralized applications that can be built with it. Today, Nxt remains one of the most tested platforms in the industry, influencing numerous other projects. With its many easy to use modular built-in features, Nxt covers most of the dApp use cases and at the same time is perfectly suitable for private blockchain implementations.
Nxt is an iconic project in the history of blockchain development. Launched in November 2013, it represents one of the first proof of stake blockchains. Started by an anonymous developer who disappeared shortly thereafter, with a crowdsale that raised only a symbolic amount, the Nxt project formed a wonderful community around it, and gave birth to many successful follow-up projects, including own Ardor platform.
The project seems to have the potential for long-term profit, especially taking into account the success of Ardor. However, there are certain risks associated with the development and implementation of new ideas in the existing system. If you decide to buy the Nxt coin, you can get it on the SimpleSwap platform in a few steps:
Some people recommend storing the coin in an Nxt wallet. Today it is not as popular as other blockchain 2.0 technologies, such as Ethereum, but it still has unique features.