| Full Currency Name | 未来币/NXT |
| Currency Code | NXT |
| Coin Intro | "NXT is a cryptocurrency, fully known in English as Nextcoin, also referred to as Futurecoin or NXT coin. It was launched on November 24, 2013, with a total supply of 1,000,000,000 NXT.
NXT is considered a second-generation cryptocurrency, built from scratch with improvements over many Bitcoin features. For instance, it replaces the Proof-of-Work (PoW) mechanism with a 100% Proof-of-Stake (PoS) design, eliminating flaws found in first-generation cryptocurrencies such as high resource consumption and vulnerability to attacks. NXT was issued through a community public subscription and boasts one-minute confirmations and a cap of one billion tokens.
Unlike Litecoin, Peercoin, and other altcoins that are based on Bitcoins source code, NXT has its own unique algorithm.
NXT comes with inherent features like decentralized peer-to-peer exchange, colored coins, messaging/chatting, decentralized DNS (hostnames), and instant transactions.
NXT is 100% PoS, unlike most other cryptocurrencies which are PoW-based. This effectively mitigates inherent security risks, as the current 51% attack or other intrinsic vulnerabilities could lead to the downfall of these PoW coins. Additionally, the protocol is energy-friendly, meaning PoS doesnt require massive hash computations.
Key Features of NXT:
The most distinctive feature of Futurecoin is its adoption of the Proof-of-Stake mechanism. Those familiar with Bitcoin know that virtual currencies based on blockchain technology can be susceptible to 51% attacks (where an individual or organization with more than 50% of the networks mining power can manipulate the blockchain at will). Under the PoS mechanism, the production of new blocks through mining depends on the quantity and duration of ownership of the virtual currency. To conduct a 51% attack, the attacker would need to already own the majority of the virtual currency before the attack, making it a self-inflicted attack. As such, the PoS mechanism effectively resists attacks and prevents mining from becoming an intense arms race, conserving energy.
Additionally, Futurecoin offers unique features such as "transparent forging," asset trading, message sending, account leasing, and decentralized domain names.
As for the founding team and background of NXT, there is no relevant information available yet.
Todays price of Futurecoin is $0.00050889, with a 24-hour trading volume of $948.12. The value of Futurecoin has decreased by 26.93% in the last 24 hours. Currently, it ranks 353rd on BeeChecker with a market cap that is not currently provided. Its circulating supply is 998.999 million NXT out of a total supply of 1,000 million NXT." |
| Issue Date | 1385251200000 |
| All-Time High | $2.15912 |
| All-Time Low | $0.000031895992 |
| Total Supply | 1000000000 |
| Circulating Supply | 998999942 |
| Circulating Supply Percentage | 0.998999942 |
| Market Cap | NaN |
| Fully Diluted Market Cap | $5.0889283e-13 |
| Mkt Cap (Float) | $ |
| Circulating Market Cap % of Global Total | |
| Listed on Exchanges | 1 |
| Official Link | https://nxt.org/ |
| Whitepaper | http://www.nxtcommunity.org/nxt-whitepaper |
| Blockchain Explorer | |
| Telegram |
"https://t.me/NXTCommunity"
|
| Github | https://bitbucket.org/JeanLucPicard/nxt/src |
| Twitter | https://twitter.com/NxtCommunity |
| FaceBook | https://www.facebook.com/nxtblockchain |
| Reddit | https://www.reddit.com/r/nxt |
