Review on Nxt by Victor Nnamah

With very much acknowledgement, this project, Nxt, which is my head word today or may I say my topic today is a Blockchain based technology which has been servicing much better for the past eight years now, as of the date I wrote my review on it. I knew this Blockchain as a reputable technology which has been existing since 2013, that is, it was launched on the 24th of match 2013 and have been doing great.

First of all, you should know that Nxt is an open source project and the most interesting part of it is that it can be globally used because it is globally recognized as a reliable source that offers efficient Blockchain services. Nxt claims to be a pure Blockchain which makes use of the proof of stake consensus mechanism, POS, unlike Bitcoin which uses proof of work, POW.

In order not to exhaust your time, I'll like to make it simple. Although I don't make use of any of it's Blockchain services except for it's other enjoyable services like it's exchanges and it's own native cryptocurrency token, NXT. Just as I got to know, Nxt has many exchanges that operates under it and some of these exchanges are familiar to me, some of them like the Bittrex, p2pb2b and Stex, and from my experience with them, I can tell that Nxt is a very efficient Blockchain.

Moreover, just as I mentioned earlier, Nxt has its own native cryptocurrency token, NXT, and has truly proven to have a stable issuance. I currently trade this coin, NXT and I can tell you that it is profitable even for day to day traders. NXT can be traded on Stex, TOKOK, HitBTC and Graviex with a nice liquidity and as preferred by me, I trade NXT on HitBTC.

Lastly, NXT has its designed wallet where anyone can store cryptocurrencies and mobile compatible, however, I have not tried it out yet. Also it has its own decentralized exchange which enables peer to peer fiat trade of which I have not tried out also. To conclude it all, I strongly believe in the future of this project, Nxt, and as a result, I strongly recommend it.