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What does NXT stand for?
What does NXT mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: NXT.
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What does NXT mean?
- Nxt
- NXT is an open source cryptocurrency and payment network launched in 2013 by anonymous software developer BCNext. It uses proof-of-stake to reach consensus for transactions—as such there is a static money supply. Unlike Bitcoin, there is no mining. NXT was specifically conceived as a flexible platform around build applications and financial services, and serves as basis for ARDR (Ardor), a blockchain-as-a-service multi-chain platform developed by Jelurida, and IoTeX (cryptocurrency) the current steward of Nxt as of 2021. NXT has been covered extensively in the "Call for Evidence" report by ESMA.
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"NXT." Abbreviations.com. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.abbreviations.com/NXT>.
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