“SNAPSHOT - Nxt, unsurpassable blockchain solutions”

- a collection of articles, which, after a short introduction to the concept of blockchain technology, looks deep into Nxt.

The History

From its rather tumultuous launch in late November 2013, the pros and cons of its distribution model and the anonymous inventor, BCNext, who handed over the source code to the community and gave them the responsibility to enhance the tech and ecosystem, this book takes the reader on a journey through ups and downs, features, use cases, business projects and bank/government adoption of the Nxt Proof-of-Stake blockchain.

In 228 pages the book tells the story of how a group of mostly anonymous people, investors, cryptographers, economists, and not least software developers, as well as businesses, set out to change the world. Nxt had already been leading the way in the forefront of PoS blockchain technology for more than 3 years, and its core team had been rapidly launching new built-in core features, that anyone can use as they are, or use to build even more advanced decentralised applications on top of the blockchain.

The "Descendant of Bitcoin"?

Nxt offers token transfers, encrypted and public messaging, a voting system, an Asset Exchange (DEX), Data Cloud, a "coin shuffling” system (for privacy), as well as an always open p2p Digital Marketplace, and a Monetary System with which you can launch your own cryptocurrency, just to mention some of the inbuilt features. All features are available through The Nxt Client and an extensive API, which makes it possible to couple all the features and build D'apps with advanced blockchain features, almost like building with Lego bricks.

If you have the slightest interest in the safe handling of data, decentralized applications free from censorship and hacking, secure storage, time stamping and the transaction of money, stocks, personal records, files, votes, you name it, then we recommend you to read this book.

Today, Nxt is still maintained. Nxt's PoS can power a global energy efficient blockchain infrastructure, in contrast to the Bitcoin's - and Ethereum's - PoW protocol, which is, by design, environmentally disastrous and enforces centralisation. Full Nxt blockchain nodes can be run on Android phones, and with the recent implementation of smart stateless contracts, Nxt still is a leader in blockchain development.

Announcing Ardor

The book ends with the announcement of the scalable Nxt 2.0 - today known as Ignis and Ardor.