What does NXT mean in General Business?

This page is about the meanings of the acronym/abbreviation/shorthand NXT in the Business field in general and in the General Business terminology in particular.

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Definition

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. 22 Nov. 2024. <https://www.abbreviations.com/term/158039>.

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