Nxt

Nxt Foundation
Nxt is an open source cryptocurrency and payment network launched in 2013 by anonymous software developer BCNext.wikipedia
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Proof-of-stake

proof of stakeDPOS (Delegated Proof of Stake Algorithm)generates
It uses proof-of-stake to reach consensus for transactions—as such there is a static money supply and, unlike bitcoin, no mining.
Nxt and BlackCoin use randomization to predict the following generator by using a formula that looks for the lowest hash value in combination with the size of the stake.

Peer-to-peer

P2Ppeer to peerpeer-to-peer network
* Peer-to-peer computing
Bitcoin and alternatives such as Ether, Nxt and Peercoin are peer-to-peer-based digital cryptocurrencies.

Open source

open-sourceclosed sourceClosed
Nxt is an open source cryptocurrency and payment network launched in 2013 by anonymous software developer BCNext.

Payment system

payment networkpayment systemspayments system
Nxt is an open source cryptocurrency and payment network launched in 2013 by anonymous software developer BCNext.

Bitcoin

bitcoinsbitcoin walletBitcoin blockchain
It uses proof-of-stake to reach consensus for transactions—as such there is a static money supply and, unlike bitcoin, no mining. The initial coin offering collected 21 bitcoins that were worth USD$17,000.

European Securities and Markets Authority

ESMAEuropean Securities and Markets Authority (ESMA)European Securities Market Authority
Nxt has been covered extensively in the "Call for Evidence" report by ESMA.

Initial coin offering

ICOinitial coin offeringsICOs
The initial coin offering collected 21 bitcoins that were worth USD$17,000.

Share (finance)

sharessharestock
A peer-peer exchange allowing decentralized trading of shares, crypto assets.

Cryptocurrency

cryptocurrenciescrypto-currencyaltcoin
Nxt is an open source cryptocurrency and payment network launched in 2013 by anonymous software developer BCNext. A peer-peer exchange allowing decentralized trading of shares, crypto assets.

Sandbox (computer security)

sandboxsandboxingsandboxed
The plug-ins are not contained in a sandbox.

Decentralised system

decentralizeddecentralized systemdecentralised

NEM (cryptocurrency)

NEMNEM tokens
NEM was started by a Bitcoin Talk forum user called UtopianFuture who was inspired by Nxt.

Darknet market

darknet marketsdarknet drug marketsblack market passwords
Following repeated problems associated with centralised infrastructure, a number of decentralised marketplace software alternatives have arisen using blockchain or peer-to-peer technologies, including OpenBazaar, Bitmarkets, Nxt, and Particl.

NXT

Nxt, a cryptocurrency started in November 2013

Hyperledger

Hyperledger project
Early members of the initiative included blockchain ISVs, (Blockchain, ConsenSys, Digital Asset, R3, Onchain), well-known technology platform companies (Cisco, Fujitsu, Hitachi, IBM, Intel, NEC, NTT DATA, Red Hat, VMware), financial services firms (ABN AMRO, ANZ Bank, BNY Mellon, CLS Group, CME Group, the Depository Trust & Clearing Corporation (DTCC), Deutsche Börse Group, J.P. Morgan, State Street, SWIFT, Wells Fargo), business software companies like SAP, academic institutions (Cambridge Centre for Alternative Finance, Blockchain at Columbia, UCLA Blockchain Lab), systems integrators and others (Accenture, Calastone, Wipro, Credits, Guardtime, IntellectEU, Nxt Foundation, Symbiont).

Fork (blockchain)

hard forkforkfork referring to a blockchain
In 2014 the Nxt community was asked to consider a hard fork that would have led to a rollback of the blockchain records to mitigate the effects of a theft of 50 million NXT from a major cryptocurrency exchange.