NXT (NXT) - cryptocurrency review
NXT (NXT) - cryptocurrency review

NXT (NXT)

Rank: #28

Our Review
9
Real-world utility
1
Market Cap
6
Investability
decrptd review 5.3 / 10
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NXT Review

NXT is a decentralised cryptocurrency platform described by many as “blockchain 2.0”. It uses a proof-of-stake algorithm (no mining) as has been built as…

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NXT (NXT) – cryptocurrency review


NXT is a decentralised cryptocurrency platform described by many as “blockchain 2.0”. It uses a proof-of-stake algorithm (no mining) as has been built as an extensible platform for the development of other applications and services.

The platform includes a decentralised exchange which enables peer to peer asset trading, a monetary system that allows users to create and distribute their own digital currency, cloud data storage on the NXT blockchain, and a voting system. The user interface also benefits from an eye-pleasing and intuitive design; something which seems to be often overlooked in nascent providers in cryptocurrency!

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