Nxt (NXT) - second-generation cryptocurrency with improved functionality of innovative blocks, such as bitcoin. The goal of the platform is a revolution in financial technologies, crowdfunding and management by introducing a new NXT cryptocurrency.
Cryptocurrency NXT is a fully decentralized cryptocurrency, which is based on its own blockbuster. When creating NXT, all defects of bitcoin were taken into account, which subsequently led to the creation of a cryptocurrency using the Proof of Stake model. NXT has implemented functions for decentralizing various applications (exchanges, chats, DNS) and options for accelerating transaction processing.
NXT 100% PoS is the currency that uses the evidence of ownership share mechanism, rather than the performance proof (PoW) mechanism on which most other coins are based. Nxt does not use "scripts" (or predicates), which simplifies and accelerates the processing of transactions. The complex functions that require them are created in addition to the Nxt kernel as third-party services.