Newsletters
Customer Relationship Management News NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
This ad will display for the next 20 seconds. Click for more information, or
Home CRM Systems Customer Service Contact Centers Business Intelligence More Topics...
UCS Invicta: Integrated Flash
Deploy flash memory technology to
deliver peak workload performance.

Find out more>>
MTT Press Releases
Gartner's #1 for endpoint backup
Average Rating:
Rate this article:  
NXT Launches Next Generation of Cryptocurrency

NXT Launches Next Generation of Cryptocurrency

News as reported by the company
Share
Share on Facebook Share on Twitter Share on Linkedin Share on Google Plus

NXT Official Launch - NXT Generation of Cryptocurrency Begins Now -- Being the first of its kind, NXT breaks alt coin history by being 100% new Proof of Stake (PoS) code, 100% green, completely decentralized, and fast. NXT offers cutting edge features such as instant transaction confirmations, decentralized DNS/Trading, and Transparent Mining.
 



NXT is the NXT generation digital currency that is in a league all its own. With the first all-new 100% Proof of Stake (PoS) code base, NXT is not an alt coin based off Bitcoin code. NXT takes a different approach launching with many groundbreaking features and many more to come after the initial launch. Along with the official launch, NXT is releasing the source code to the general public.

NXT is 100% PoS which means no mining takes place in the traditional sense. Instead, NXT is earned by clients collecting transaction fees for securing the network and processing the transactions. This leads to a 100% green (low energy) "mining" that is environmentally friendly and does not waste massive amounts of electricity to maintain the network like it does with Bitcoin.

NXT is the first to offer instant transactions by utilizing Transparent Mining, a first of its kind algorithm. Transparent Mining allows NXT to have instant transactions that eliminates conformation wait times while still being extremely secure. Transparent Mining also allows NXT to reach transaction speeds comparable to VISA and Mastercard, with the advantage of NXT transactions remaining anonymous.

NXT offers other services such as the Decentralized Alias System (DNS). This allows users to register a NXT Alias that points to a Universal Resource Identifier (URI), which can be anything from a web address, NXT account number, email address, or even a phone number. If you have an Alias enabled web browser you can enter "nxt:[Alias]" which will take you to the specified URI, such as nxt:google takes to you http://www.google.com. Currently there are plugins available for Chrome and Firefox that utilize the Alias system.

Bitcoin has been described as decentralized programmable money. NXT can then be described as something akin to a decentralized programmable economy with the built in feature of money. NXT is already number six on coinmarketcap.com with an estimated value of $73.2 million. NXT starts the new generation of cryptocurrency as the first true descendant of Bitcoin.

Additional Information

To learn more: http://nxtcrypto.org
To trade NXT please go to: http://dgex.com/ ; https://nxtchg.com/
NXT thread on Bitcointalk: https://bitcointalk.org/index.php?topic=345619.0
NXT Source Code: http://goo.gl/PQeiPX
Press release: http://www.thenxtcoin.com/NXTOfficialLaunchPressRelease.pdf
 

Tell Us What You Think
Comment:

Name:

Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Researchers Find Malicious Android Apps Can Hack Gmail
A new study shows that a weakness in the Android mobile operating system can be used to steal sensitive, personal info from unwitting users. Gmail proved to be the easiest app to attack; Amazon, the hardest.
 
UPS Stores in 24 States Hit by Data Breach
Big Brown has been breached. UPS said that about 105,000 customer transactions at 51 of its UPS Store locations in 24 states could have been compromised between January and August.
 
Cost of Target Data Breach: $148 Million Plus Loss of Trust
The now infamous Target data breach is still costing the company -- and its shareholders -- plenty. In fact, the retailing giant forecast the December 2013 incident cost shareholders $148 million.
 

Enterprise Hardware Spotlight
Acer's New Desktop Box Rides the Chrome OS Wave
Filling out its Chrome OS line, Acer is following the introduction of a larger Chromebook line earlier this month with a new tiny $180 desktop Chromebox and also a smaller Chromebook.
 
Feds OK $2.3 Billion IBM-Lenovo x86 Server Deal
IBM and Lenovo are celebrating U.S. approval of their x86-based server deal, having cleared some major security hurdles. The deal makes Lenovo a major player for enterprise data centers.
 
Three New Lenovo PCs Aimed at Business Users
With businesses wanting computing solutions that do more for less money, Lenovo has unveiled three new desktop PCs that it says offer solid computing at a budget-minded price.
 

Mobile Technology Spotlight
Screen Shortage Briefly Puts Brakes on iPhone 6
RAM? Check. Antenna switch? Check. Screen? Oops. Parts suppliers for Apple have found themselves facing a shortage of screens for the new iPhone 6 as next month's release date for the new smartphone looms.
 
Bounty Offered to Coders for Oculus Rift Bugs
Coders who find bugs in software for the Oculus Rift VR immersive headset could receive a reward of at least $500 under Facebook's White Hat bounty program. Facebook acquired Oculus in March.
 
Google Glass Adds Voice Access to Phone Contacts
The latest update to Google Glass will let users access their top 20 phone contacts with voice commands alone. A user can then choose a phone call, Google hangouts, e-mail or text messaging.
 

Navigation
CRM Daily
Home/Top News | CRM Systems | Customer Service | Contact Centers | Business Intelligence | Sales & Marketing | Customer Data | CRM Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.