Learn more about NXT: a digital currency of the future

What is NXT? NXT is a digital currency based on blockchain technology launched by Jelurida in 2013. It is a decentralized platform on which users can conduct asset transactions, account management, information storage and other operations. At the same time, it also has the functions of smart contracts and layered networks to meet the needs of different users.

The total amount of NXT

The total issuance of NXT is 1 billion. These coins have all been pre-mined, and 5% of the coins are released every year. NXT adopts a POS consensus mechanism, which increases the money supply through "minting". Minting does not require a high-performance computer. You only need to run an NXT node locally, put the transactions of other accounts on the platform into a block, and then verify the block through minting. After verification is completed, the owner of the node will receive a certain amount of NXT coins, which will also help promote the development of accounts on the platform.

NXT’s online trading platform

As of May 2021, NXT has launched a number of well-known trading platforms, including Bittrex, Poloniex, CoinEgg, etc. These trading platforms support NXT’s currency transactions, and users can use digital currencies such as BTC, ETH and USDT to buy or sell NXT. At the same time, NXT is also widely used in the blockchain ecosystem and is considered a powerful tool.

Introduction to the official website of FutureCoin

FutureCoin is a digital currency based on the NXT platform. Its innovation is mainly reflected in its trustworthy, efficient smart contracts and highly secure layered network. The total circulation of future coins is 1 billion, of which 10% is used for technology research and development and community construction. In addition, Future Coin also applies sliding time lock technology, which can automatically realize the transfer and locking of predetermined conditions.

Summary

NXT is an innovative digital currency, and its technical implementation has been widely recognized and applied. With the continuous development of blockchain technology, NXT will continue to be updated and upgraded, becoming a powerful force in the future digital currency field.

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