Coins: 2002
Exchanges: 150
BTCBTC Dominance: 39.4%
ETHETH Dominance: 17.7%
  • Market Cap $115,072,123
  • 24 Hour Trading Vol $3,090,477
  • 24h Low / 24h High $0.10936 / $0.11721
NXT
USD

NXT (NXT) Overview

Complete Metrics Score
50%
Total
Major Exchanges Trading Activity
50%
Liquidity
Source Code Repository Activity
55%
Developer
Social Media & Discussion Board
47%
Community
Price Chart
About

NXT is an open-source crypto-platform, with a decentralised, non-corporate structure. It shares many similarities with the Linux operating system, particularly in its support of the open-source ethos and organisational structures.

The NXT core code was written in Java by the developer 'BCNext', with the NXT system going live on the 24th November 2013, utilising its own native blockchain implementation based on the Proof of Stake paradigm, rather than Proof of Work.

NXT is completely new code from the ground up, and has been running securely for over a year.

NXT is a '2nd generation' cryptocurrency platform, which means that in addition to the basic features of '1st generation' systems such as Bitcoin, NXT has been designed to be a modular system with a group of core features that can be used as a foundation for 3rd party projects.

The current NXT core features include the following:

- Native blockchain implementation. Block time of 1 minute, based on the Curve 22519 algorithm.
- NXT cryptocurrency. 1 billion coins created and distributed, the blockchain is maintained by a validation process which rewards node operators with transaction fees: ‘forging’. NXT can be seen as the fuel for the more advanced NXT features, as well as a cryptocurrency in its own right.
- Messaging, both encrypted and unencrypted, from any NXT account to another.
- Account Authentication. Using a unique token that can be generated by the NXT client based on an encrypted version of the accounts passphrase, a NXT user can identify themselves with complete certainty and verifiability, as the holder of a particular account.
- Alias/DNS system. Allows the assignment of simple plain text labels to complex account numbers or URLs.
- Marketplace. A completely decentralised marketplace for all goods, trading works on the basis of NXT accounts as identifiers, rendering the marketplace relatively anonymous.
- Asset Exchange. Allows the issue and trading of Assets (essentially NXT-based tokens). This is a form of crypto-security issue, and has been been used for crowdfunding, a reputation system, and as a form of shares issue in businesses, both new and established.
- Monetary System. The Monetary System allows creation of subsidiary currencies on the NXT blockchain, utilising either PoS or PoW, with all parameters under the control of the currency issuer.

Quick Stats
NXT Price $0.1152
Market Cap $115,072,123
Trading Volume $3,090,477
24h Low / 24h High $0.10936 / $0.11721
Gecko Rank #73
Market Cap Rank #97
All Time High $1.86278328
Since All Time High
-94%
All Time High Date 2017-12-23 (6 months)
24 Hours
3.4%
7 Days
-12%
14 Days
-18%
30 Days
-27%
60 Days
-44%
1 Year
-38%
Links
Homepage http://nxt.org/
Announcement Bitcointalk Thread
Blockchain/Supply http://www.mynxt.info
Discussion Forum https://nxtforum.org/
Misc. Info
Genesis Date November 24, 2013 (over 4 years)
Hashing Algorithm Proof of Stake
Hashrate N/A Try Cloud Mining
Block Time 1.0 minutes
Available/Total Supply 999 Million / 1 Billion
# Exchange Pair Price 24h Volume Volume %
1
Updated 5 minutes ago
$0.12
0.00001726 BTC
$1,656,438.07
14370465.000 NXT
63.46%
2
Updated 13 minutes ago
$0.12
0.11612 USD
$346,405.24
2983166.000 NXT
13.28%
3
Updated less than a minute ago
$0.11
0.0000172 BTC
$265,328.41
2313304.000 NXT
10.18%
4
Updated 1 minute ago
$0.12
0.11597768 USDT
$186,436.02
1614424.495 NXT
7.15%
5
Updated less than a minute ago
$0.11
0.00001709 BTC
$154,639.16
1356921.833 NXT
5.93%
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Stars
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Watchers
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Forks
7
Contributors
-
Merged Pull Requests
- / -
Closed Issues / Total Issues