Nxt Java-based PoS cryptocurrency

Nxt is a second generation cryptocurrency coded from scratch in Java and secured by pure proof of stake consensus.

Technology

Anonymous developer BCNext announced they would be raising funds to create a pure proof of stake cryptocurrency network. The sale was organized on Bitcointalk and concluded on 18 November 2013. The ICO raised approximately 21 Bitcoin, valued at $16,800 at the time. The genesis block was forged on 24 November 2013.

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