Nxt (NXT) - USD

$ 0.02668
Just now
Market cap.
$ 26.65 M
Vol 24h
NXT 0 ($ 0)
Low/High 24h
$ 0.02561 - $ 0.02709
Open 24h
$ 0.02647
Daily Newsletter
Get a summary of the most important news of the day and price movements, delivered to your inbox daily
By registering for a free account on CryptoCompare.com, you agree and accept the Terms and Conditions. You can control your email settings by editing your account and there is an unsubscribe link on all the emails.

Nxt is considered a 2nd generation crypto currency. With all the alt coins that alter parametes such as hashing mechanism, time between blocks, starting difficulty, and so on, Nxt brings much much more to the table and was designed this way for a number of reasons. It's proof of stake model makes it less susceptible to 51% attacks whilst it is designed to support large transaction volumes, something which the traditional Bitcoin and its clones have as a potential flaw. Nxt allows the creation and exchange of custom tokens, coloured coins and assets on the Blockchain.

In 2016, the NXT team announced the launch of Ardor, the Nxt 2.0. The platform will allow users the same features as Nxt and additional tools like sidechain support for asset issuance and more. The destribution of the ARDR token was done through a snapshot process, which is the reason for the price spike during late 2016.

Try our free Nxt (NXT) portfolio tracker if you want to efficiently keep track of your NXT and other coin/token investments.