Review on Nxt by Amos joseph
NXT
Nxt
As more decentralized network are been developed in crypto ecosystem more incentive program with scalability and advance users value are gradually introduced in other to make blockchain technology an interesting atmosphere for users globally.
Nxt is an open source project built from scratch with a Java script program the platform allows various use case of Dapp features using POS protocol and allows staking feature to be performed on the platform rewards block transaction miners to creating new block which improve the platform security system.
its a flexible platform that support development of decentralized application with easy to use module support exchange exchange, has it platform token NXT which can be traded on few exchange platform Nxt covers a wide range of decentralized network it has good market potential.
Pros
- Open source platform built using java script allows development of decentralized application
- Allows use of proof of stake protocol
- Platform token can be traded team support is very active
Cons
- Nxt token price is low not competitive
