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What is Nxt?

Nxt is an innovative open-source blockchain platform that distinguished itself as the first to implement a fully proof-of-stake consensus mechanism. Launched in November 2013 and crafted entirely in Java, Nxt exemplifies the potential of blockchain technology to extend beyond simple value transactions, showcasing its capacity to revolutionize various areas of life through the creation of a wide range of decentralized applications. Today, Nxt is recognized as one of the most dependable and extensively tested platforms within the blockchain industry, influencing numerous other projects significantly. Featuring a broad selection of user-friendly, modular built-in functionalities, Nxt effectively caters to a vast majority of decentralized application requirements while also being adaptable for private blockchain implementations. Importantly, Nxt achieved the milestone of being the first to deploy a pure proof-of-stake consensus protocol, establishing a benchmark for subsequent initiatives in the field. Its forward-thinking design has not only enhanced its own capabilities but also contributed to the overall evolution of blockchain technology, encouraging continuous improvement and innovation across the sector. Ultimately, Nxt's legacy continues to inspire and shape the future of decentralized solutions.

What is BitMark?

A blockchain represents an innovative computing framework that grants open access to all participants without requiring any prior authorization. This technology merges transparency with robust security, utilizing cryptography and consensus algorithms to maintain integrity. Bitmark emerged in 2014 after identifying blockchain's potential to create a fairer society. Conventional institutions depend heavily on various professionals such as accountants, lawyers, and regulators, which often results in increased bureaucracy, elevated risks, and societal strain. The issue of regulatory capture further complicates these dynamics. Essentially, the scaling of our existing institutions proves to be both costly and inefficient. The groundbreaking idea behind blockchain suggests that trust can be built through the use of excess computing power, with algorithms ensuring the reliability of data. As computational advancements progress in line with Moore’s law, society stands to gain from enhanced technologies at progressively lower costs. This evolution not only empowers individual freedom but also reduces opportunities for corruption. Additionally, blockchain technology facilitates smart contracts, which generate and manage digital assets called tokens, potentially transforming concepts of ownership and the nature of transactions in the digital age. Consequently, the rise of blockchain could lead to a significant shift in how we perceive and engage in economic exchanges in our daily lives.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Jelurida Swiss

Company Location

Switzerland

Company Website

www.jelurida.com/nxt

Company Facts

Organization Name

BitMark

Company Website

bitmark.com

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