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Review on Nxt by Roseline Patrick

Revainrating 5 out of 5

Nxt is the next phase for a proof of stake consensus protocol.

Nxt is a blockchain that supports a decentralised network to provide access to a whole lot of transactions with ease. In addition, Nxt is an open source blockchain platform which stands to be the first of it kind to provide an unparalleled service which is entirely glued to a proof-of-stake consensus protocol. NXT was certainly launched in November 2013 and written from the beginning as Javascript. However,Nxt is proof that blockchain technology is not only about a simplified transfer of value but also has the tendency to revolutionize many aspects of the crypto ecosystem. Therefore,with the various decentralized applications that can be rebuilt with it. Furthermore Today, Nxt remains one of the most trusted and reliable platforms in the industry, influencing different other projects. Furthermore, Nxt covers most of the dApp use cases and at the same time is perfectly suitable for private blockchain implementations.

img 1 attached to Nxt review by Roseline Patrick



Pros
  • it is an open source ledger.
  • it influences different projects.
  • It is a proof of stake consensus protocol.
  • It is javascript inscription based platform.
Cons
  • None for this review.

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