Review on Nxt by LUIS RIVERO R
Pioneering chain in Pos and decentralization of exchanges.
This is one of the first platforms that use proof of stake to create blocks, it has high security standards and not only this but also created one of the first DEX exchanges and all this includes high scalability. Although some problems have been presented since its launch, it has great improvements
-As mentioned, it has a DEX in which the tokens of the platform can be traded.
-Decentralized voting ecosystem based on blockchain.
-Supports file storage, although this option is limited.
These are some features that really catch your eye because they were the first to implement many updates that now use multiple chains.
Although everything seems to be good this project has lagged behind in its use and new features, it has less and less use although this may also be due to the ardor chain that is notably an update from Nxt.
Pros
- It has a considerable volume
- She is one of the pioneers in the use of the participatory block verification method.
Cons
- It does not have recognized wallets to store this asset.
