Review on Nxt by Emily Johnson

If you happen to be one of the persons that follow up my reviews, what I mean here is read everyone as they come, then I guess you shouldn't be surprised seeing the project I would be reviewing today. Well, if you happen to be one of the persons that don't follow up, by reading my reviews as I get them published on the Revain site, then I guess your missing quite a lot. You can cover up by going back to read up all of them (as they are not even up to 20 yet, making it an easy task to accomplish). For the sake of those that are yet to know, I would be talking about a project known as NXT in this review today.

For specialists in Analysis and crypto projects and are focused on the Ardor project specifically, just like I am privilege to be among that group, then I guess you should have known quite a lot about the close relationship between Ardor and some other projects like IGNIS and NXT. Ardor has been able to make its name engrafted on the "hall of Fame." Taking a look at its products alone assures one of this fact. Its products too have been recognized too and I would be talking about one of such products. This one is known as NXT.

Many know something spectacular and peculiar about the relationship between NXT and Ardor. The fact that NXT is closely related to Ardor doesn't mean Ardor founded NXT. Specialist claim there are many proves that support this statement but out of the many, I have been able to pick out two and would be explaining them in this review.

1. The first one is the wide gap between the dates the two projects were founded. Normally, for a company to be accepted as a founder of something or another company, the founding company should be older than the company founded. This is because it is impossible for a company yet to be born to establish another company. That happens to be the case of Ardor and NXT. Many people believe Ardor is the founding company of the NXT project but when you take a closer look at the difference in the ages of these companies, one would begin to raise doubts on the claim. Ardor was founded as a company in the year 2018, while NXT had been in operation since the year 2013. This proof seems to be very valid and that's why I have decided to make it come first.

2. The next one, which also happens to be the last one is the fact that when we look carefully into the history of NXT, that is, how it started, one would get to know that it wasn't built on Ardor at all. Going to the web, one of the first things I saw about NXT was the fact that it was built from scratch in Java. This one seems to be something that isn't popular among companies that are funded by other organizations and companies. The reason is because the companies in charge must take care of what the new one would need. These things might includes financial sponsorship, proper guide, and even some blockchain enlightenment for people who are not really learned in it.



With this few points, I think I have been able to clear the doubt in the mind of some people about NXT being a project under Ardor. At a point, I began thinking the NXT project is under Jelurida (Jelurida is the founder of Ardor and is automatically the founder of the projects under Ardor, talking about the likes of IGNIS, and Triffic). But after taking a closer look at Jelurida too, my doubt was completely cleared. The reason is because, Jelurida was founded as a company in the year 2016, compared to NXT which started since 2013. With all these, I think my conclusion would be that NXT and Ardor (or Jelurida) just have a type of relationship known as Mutualism. This is a type of relationship where both parties benefit. Taking a look at NXT, I think they are benefitting recognition and public attention from Ardor, while Ardor in return can boast of NXT's wealth of experience.

With all these being said, I would be proceeding to what traders tend to enjoy from NXT. The one and only thing an experienced crypto trader or an expert would be looking for in a crypto project I what they offer. Only newbies go in for the "pump and dump." A crypto project gets massive adoption when it offers a solution to a problem that has been ravaging the crypto space. Talking about NXT here, there seems to be quite a lot for traders, some of which I would be explaining today. I would be numbering them for easy assimilation and understanding.

1. Security: The kind of world we find ourself in today makes Security a priority in almost every single thing we do. Talking about the crypto space is something completely different. If there was any way one could be even more careful that she or he is now, I guess that person would glady apply it. This is because of how much scammers we have on the internet today, leaving traders with a higher risk of falling a prey. I guess this must have been one of the things NXT thought about and was what made them come up with a solid security system. The NXT project happens to belong to one of the few projects on the blockchain network that has been without any security issue or hack for the past 7 to 8 years now. This is because ever since it was established, there have been no security issue. One might be wondering how they were able to do this. Well, they make use of a complete Proof of Stake algorithm and this has been able to keep it safe from hackers.

2. Decentralized Exchange: Whenever we talk about a Decentralized exchange, the first thing that come to my mind is user friendliness. This is because it's only a user friendly project that would want to have a Decentralized exchange for traders in need of one. Records has it that NXT was one of the first projects to implement this "Decentralized exchange" and made this with the sole purpose of having a user friendly platform where traders can exchange NXT stress-free.

3. Years of Experience/ Expertise: People say experience is the best teacher. Well, I think this must have been the reason why most crypto traders would rather invest in a project that has been in existence for a while than one that was established few months ago. When it comes to years of experience, then I guess NXT should be something you should really think about, haven survived the test of time for more than 7 years now, NXT should be accorded the rank of expertise.

4. Co-operation: It is usually believed that Success can never be achieved without cooperating with one or two persons. This is because you would need someone to help you drive your goal to an achievement. NXT must have discovered that and that must have been the reason why they are cooperating with companies like Ardor, their cooperation with Ardor has benefitted them so much that they are ready to cooperate with many success-driving companies available. This would also help them achieve their desired goal on time and at its peak.

With all these being mentioned, I think this brings me to the end of my review.