Nxt is one of the most impressive and under-appreciated peer-to-peer networks on the internet. It is an open-source decentralized blockchain platform that introduced a novel proof-of-stake consensus algorithm and it has survived in the wild for over 2 years. Today, the technology pioneered by Nxt is being used in well-funded projects like Ethereum, while Nxt itself remains under-the-radar. But …
The Nxt core development team as well as the Nxt community are eagerly awaiting the Nxt 1.7 hardfork, which will unleash new Nxt core features. Meanwhile, the long time Bitcoin supporter and developer Mike Hearn has caused open chaos in the media and inside the Bitcoin world, leaving the Bitcoin dev team and not only slamming the …
Nxt is a hugely versatile and powerful platform, with a massive range of functionality. Nxt’s current and upcoming releases have already incorporated capabilities that are each a sole or major focus for other coins – shuffling, decentralised asset exchange, voting, messaging and more. Few other platforms have anything like Nxt’s sheer number of tools. However, …
Origins of the Nxt Foundation…. One of the great strengths of Nxt, and of the wider Nxt community, is that it has always been intended, from the initial Nxt concept onwards, that Nxt would be a strongly decentralised community. A very useful guide to the basic principles of decentralised organisation can be found in …
On 22 April 2015 The European Securities and Markets Authority (‘ESMA’)1, the equivalent of the US Securities and Exchange Commission, issued a call for evidence regarding ‘Investment using virtual currency or distributed ledger technology’. Nxt is the example of the digital currency platform ESMA used in its ‘call for evidence’ to illustrate how distributed ledger …
Group psychologists sometimes describe the dynamics of team formation and evolution in four stages, often dubbed Forming, Storming, Norming and Performing. Looking at the history of Nxt and its community, it’s certainly possible to divide it into three distinct parts, each of which is characterised by its own Zeitgeist – as well as the market’s …
TL;DR – Nxters need to find more ways of funding and trading assets, ideally right about now. I’ve been looking at the nature of money recently, and in particular the way that how we ‘do’ money impacts the type of economy that arises. A lot of economists believe that the Gold Standard prevented several major …
We’re entering a new phase in Nxt’s business cycle – and it might be one we’ve never seen before. What happens next is uncertain, as ever, but we can at least be sure there are new challenges ahead. Back in May the NXT market turned a corner after a downward slide that lasted most of …
It’s been a long, long bear market. Nxt has slipped from a dizzy high of $0.10 – a market cap of $100 million – to a low of less than a cent and a market cap of only $8 million. But despite that and even because of it, I think we’ve finally hit a tipping …
It’s a classic tale of sibling rivalry, betrayal and rags to riches, set in the 18th century BC to a rousing soundtrack of show tunes. But the best-known versions of the Joseph story gloss over his shrewd handling of the famine and some of the more dubious details of his management of the Egyptian economy. …
TL;DR: the UK election is finally over, and it brought some surprises. One of the policies suggested by the Green Party raised questions about the nature and purpose of money – a conversation that cryptocurrency is well-placed to comment on. If anyone has managed to miss it, the UK had an election recently. I’m actually …
Imagine a Nation of Teachers all resigning at once and each creating their own educational systems. Some systems fail miserably, some turn out to be spectacular. Some of the teachers who had the least success revamp their systems after looking closely at successful systems and those who refuse to change get abandoned by their students …
It seems we are witnessing a revolution in the corporate world caused by blockchain technologies. We’re moving quickly towards a new business ecosystem of virtual corporations, distributed autonomous corporations, smart contracts, new models of funding and so on. This article is about the exciting possibility of having distributed shareholders’ meetings where results are public and counted in a trustless …
There are so many coins out there, why should anyone support Nxt? Here are my thoughts. I discovered Nxt around Christmas 2013. I read through the forums and documents and immediately liked it. I was already aware of Bitcoin and some other altcoins, but disliked the energy waste of more and more high electricity consumption mining – …
Jones walks you through the Voting System feature: [youtube id=”dhJgz6hpHXg” width=”600″ autoplay=“no”] Voting System will soon be on public testnet. UPDATE: Nxt Voting System was released with NRS 1.5. Nxt is currently running NRS 1.8.2. (download link) Read more in ‘A few upcoming Nxt features explained‘, or discuss VS on nxtforum.org.
Introduction What is the value of 10 NXTs?, you may ask. This article might give you an answer. Let’s start off with a short dialog though. “What is the value of $10?”, the teacher asked his class. “$10, of course”, a student responded quickly. “Try to explain it without using $10”, so the student rethinks and replies with …
Nxt features cryptographically secured payments, a marketplace and a messaging and voting platform: Secure Online Banking Secure Shopping Encrypted Messages Voting, Elections and Surveys [coming in 1.5] Secure Online Banking Nxt is an advanced system for online banking which secures your deposits through modern cryptography. All you need is a strong password and you can start making …
This article series is intended to help you understand Nxt and how you can use it to reach out to your customers, partners, friends and acquaintances. Nxt is a non-profit initiative which is supervised by many experts in the fields of finance, economy, cryptography, mathematics and computer science. Having access to such a competent community and strong …
I’m gonna take the chance. Here’s my blog post. The more I write, the more I get paid. So blablablablabblah, blablablablabblah, blablablablabblah, blablablablabblah, blablablablabblah, blablablablabblah. Damn, how to start this. I got into cryptocurrencies 5 months ago. Yeah laugh, I’m a loser, a noob which is why I lost almost all the money I invested and have no idea how …
