Review on Nxt by Supertuck Cyclist
About NXT
Today I will talk to you about Nxt, an advanced open source platform based on functionality like Bitcoin. The Nxt platform includes many basic level features such as Decentralized Asset Exchange, Marketplace and Voting system in addition to the NXT digital currency. Nxt is easy to use, without permission, and I would say it gives its users complete freedom in many ways.
The NXT coin was created from scratch in java with a unique original coding. So I guess it wouldn't be wrong to say that it's called a second generation cryptocurrency.
NXT has also developed a decentralized exchange, unlike other centralized exchanges, to reduce the risk of theft and fraud. The transaction costs are very low in transactions. It has been continuously developed since 2013. 1 billion units were produced in its establishment. When the graphs of other crypto currencies are examined, ups and downs are seen. However, NXT managed to remain stable.
Now, I will talk about the features of NXT Coin in a few items :
You should know that compared to traditional exchange systems, NXT reduces risks such as fraud and theft.
I should also say that if used in trading, you will paid less than normal trading fees.
Even if 90% of Nxt crypto coins are hacked, the network will not crash.
NXT mining, which works based on the Proof Of Stake system, does not require processor power. The process performed by this system is called forging.
There are currently more than 10 exchanges available to buy and sell NXT.
Pros
- user friendly
- well security
- very low commission for transfer
Cons
- none
