Nxt Description
Nxt, an open-source blockchain platform, is the first to rely solely on a proof of-stake consensus protocol. Nxt was launched in November 2013, and it was written entirely in Java. It is a proof that blockchain technology doesn't just allow for the transfer of value, but can also revolutionize many aspects our lives through the multitude of decentralized applications that can easily be built with it. Nxt is still one of the most trusted platforms in the industry and has influenced many other projects. Nxt is a modular, easy-to-use platform that can be used for dApps. It also makes it suitable for private blockchain implementations. Nxt was the first protocol to implement a pure proof of stake consensus protocol.
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