Review on Nxt by Douglas Cachazo

Name: Nxt
Item: Nxt
Rating: 5

November 05, 2020

Nxt NXT: Another complementary product to the Ardor platform

It has its own chain of blocks on which there are very specific features, is considered a child block of the Ardor platform that we remember was composed of multiple blocks in a hierarchical tree with the main block Ardor.  
Under this product operates the exchange of assets completely decentralized, I see it as the module that manages the financial part, under this chain of blocks can be issued any token for multiple uses at the discretion of whoever issues the token. 
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Other relevant functionalities that we can mention are: allows management of surveys, messaging, digital commerce with prices based on their NXT token, transfer data to the block chain,   
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In short, it is an important product that complements the brilliant Ardor platform with its specific functionalities
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Updated 3 years ago

Rating changed from 4 to 5

Nxt (Update review)
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I was very categorical at the time of writing my first review about this interesting project Nxt since it was one of the first cryptocurrencies created under what was then supported for its creation in a POS protocol, something novel and that opened the way for new highly scalable projects and in a much faster ecosystem with a mining that we could call ecological, since it does not require high power consumption for the mining process, so much so that the Ethereum chain itself based its novel Ethereum 2 under that protocol.
Although this project was launched in 2013 as the first project based on proof consensus, and it is created a daughter chain of Ardor, with features that it assumes in its own blockchain,    
Its main feature, is the large number of projects that can be developed under this chain since it has the tools for it, if we analyze its functionalities that the project has had with its disciplined work ruda, which has been fulfilled with a great effort of its development team, In that sense I want to point out that part of it is due to the fact that like ardor Nxt is developed in a totally decentralized way and in the language well known by many programmers anywhere in the world as JAVA, in my opinion that has been a factor that has contributed to the successful development, the development is faster because it is a very complete language and without fear of being wrong the most used around the world. 
If you are a Java developer you can perfectly integrate to any development that takes place under this blockchain, you have a set of tools for it, coupled with the best protocol today as the POS, 
At the time of writing this review had culminated with its work path as far as functionality is concerned, being only pending for this year the correction processes to possible errors and their respective maintenance, among the features that give life to this project and that had been included in its work path, I could comment broadly the following: 
Consensus, you can plan any type of surveys under this chain, decision making is made by the community, something important is that you can develop projects and their respective tokens, so that any token created under this chain can be exchanged with each other, it is a fact that under this chain nation the first decentralized exchange to operate with their tokens, Possibility of incorporating data to the blockchain and a messaging system for various purposes, also very important to mention the possibility of conditional according to compliance with certain events. 
As for example the condition of multiple signatures required for any of the features briefly described give immense potential to this blockchain, and even missing others but I limit myself to describe what in my opinion are the most relevant. 
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To finish this update I will refer to a new pro that is the faithful compliance to its work path and a con that like the Ardor project have evolved as projects but not its website, which ultimately must be improved.
 


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