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What is Nexus coin (NXS) and how does it work?

by Financial Economy

Nexus coin is a cryptocurrency that runs on the evolutionary 3D chain, a cutting-edge approach to addressing the biggest issues facing cryptocurrencies. Nexus set out with the vision of improving the Bitcoin protocol and at the same time clearing the crypto space from fraudulent projects. Detailed information about the what is Nexus coin NXS and how does it work, how to buy it, how much it costs, etc. is located in the continuation of the content. You can browse here for information about Bytecoin (BCN).

What is Nexus coin (NXS) and how does it work?

NXS coin is the cryptocurrency of a community-driven project with a vision of a shared world inspired by innovative and responsible values, comprehensive technology and basic quality of connectivity that is ubiquitous, free and open to all. Nexus has been running since September 23, 2014, without an ICO or pre-mining. The platform was designed to simplify lives, empower communities and make things easier, and it takes steps towards these goals.

Nexus technology is designed to simplify lives, empower communities and make things easier, while embodying the founding principles of Bitcoin creator Satoshi Nakamoto. According to the statements, the Nexus ecosystem is powered by the native cryptocurrency of the platform, “NXS”.

On the other hand, Nexus is further developing the Blockchain protocol by focusing on these fundamental technological principles: speed, scalability, security, availability. Nexus uses automatic key management functions through post-quantum signature schemes (FALCON) and a technology called ‘Signature Chains’. This technology eliminates key management problems (wallet.dat) by allowing users to access their accounts with a username, password and PIN.

How to buy Nexus coin (NXS)? What is the price of NXS coin?

Nexus coin (NXS) can be purchased on cryptocurrency exchanges such as Binance. But before trading, the reliability of the stock market should be carefully investigated. As of August 11, 2021, the price of 1 NXS is around $ 0.61. The circulating supply and total supply of NXS coins is 71,268,435 units.

Note: The information contained in this content is for informational purposes only. It is not investment advice.

For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency

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