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Bakingham
1 Level
108 Review
2 Karma

Review on Nxt by Olivia Jones

Revainrating 4 out of 5

It is fascinating to able create new currencies

NXT is an open source project that may be customized. The majority of cryptocurrencies are built on bitcoin, however NXT is not. It draws a lot of interest since it is the crypto money world's first digital money supply.

The most intriguing aspect is the ability for individuals to generate fresh money within the system. As a result, you may not only create crypto money, but also a new currency. This is really intriguing! It's written in Java and is classified as a second-generation coin. You can generate more NXT coins in the future if you have more NXT coins. As a result, it is proportionate. also this project has ability to send messages via blockchain network.

Pros
  • Market changes have a lesser impact.
  • It comes with its own software.
  • It is possible to create new money.
Cons
  • Less desirable.

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