Web3Spy.io - NXS/GBP - Cryptocurrency Prices
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Buy Nexus uk- NXS/GBP
£0.04940
3.60 %
Change 24h

Description by Coingecko

Nexus is the first truly quantum-resistant blockchain, incorporating advanced cryptography designed to negate the threat posed by quantum technology of the future. The 3DC combines 571-bit private keys, 1024-bit Skein and Keccak quantum-resistant hashing algorithms, and an evolving signature scheme called signature chains. Signature chains update the private and public keys that secure your address and obscures them after each and every transaction, maintaining the integrity and security of your account even on mobile wallets. Signature chains offer several advantages over equivalent quantum-resistant schemes such as BLISS and Lamport signatures, being extremely compact and lightweight, making it ideal for blockchain applications. The Nexus coin (NXS) is the currency of the network. There’s no cap on the amount of NXS that will be minted. Instead, the coin has a 10-year distribution period in which 78 million NXS will be distributed until September 23rd, 2024. After this time, the supply will inflate each year by a maximum of 3% through the holding channel and 1% through the prime and hashing channels. Nodes create blocks, on average, every 50 seconds, and an NXS transaction requires 6 confirmations. Currently, most transactions cost 0.01 NXS. However, once the 3DC is built and 10-year distribution is complete, transaction fees will disappear. Instead, the system will absorb the fees through inflation. Nexus didn’t hold an ICO. Instead, the project has a Developer Fund that takes a small commission from mining rewards. This commission starts at 1.5% and increases to 2.5% over 10 years. Additionally, 20% of the block rewards are slotted for marketing as well as the production and launch of the Nexus satellite network. Colin Cantrell, also known as Videlicet, is the founder and lead developer of Nexus. He first named the project Coinshield (CSD) when starting in September 2014. The original code only contained the prime channel; the team added the hash channel in October 2014. In April 2015, the team rebranded to Nexus, and they added Proof-of-Holdings in July 2015. Besides partnering with Vector on the satellite network, Nexus has also joined forces with SingularityNET to provide their 3DC architecture to the project’s decentralized AI network. Moving forward, Nexus is releasing major updates following their TAO (Tritium, Amine, Obsidian) roadmap strategy. The releases include the 3DC, mobile wallets, quantum resistance, and the satellite network, among many other things. The creation of new NXS is capped at 3 percent per year and is earned through securing the network by mining or staking. The platform is developed and maintained by the Nexus Embassy who is funded through a 1.5% commission on each block produced and from funds acquired through early mining of NXS. The commission will also gradually increase from 1.5 – 2% over the next 10 years.

Buy Nexus | NXS Price GBP

Nexus Price GBP is £0.04940. NXS price has experienced a daily change of 3.60 %. This gives Nexus (NXS) a Market Cap of £ 44,218,373. The total volume of Nexus (NXS) traded in the last 24-hour period was £ 2879.5. Total Supply of Nexus (NXS) is 78,000,000.

You can buy Nexus UK directly from Binance (if available) using a credit card or debit card. This referral will save you 20% on trading fees. If NXS is not listed or is otherwise unavailable, another possibility is buying a cryptocurrency available directly on Binance with a credit card or debit card. This crypto can then be traded with NXS on Binance, or an alternative exchange.

Nexus NXS is a cryptocurrency currently listed on web3spy.io with data from coingecko. At the time of initial listing, NXS had met the full listing criteria for inclusion on coingecko. For this reason, web3spy.io has given NXS a default star rating of 3 stars. This is intended to be an unbiased and neutral rating. Please research this project thoroughly before trading.

Always exercise extreme caution when moving cryptocurrencies. We in no way endorse any cryptocurrency project, nor do we encourage trading on any exchange listed on this website. Please do your own research.

Nexus (NXS) was created on September 23, 2014. Nexus (NXS) is a digital asset secured by cryptography. We supply NXS/GBP trading pairs below. More information can be obtained from the official Nexus (NXS) website at: nexusearth.com

NXS blockchain can be viewed here: nexplorer.io nxsorbitalscan.com

NXS social networks can be viewed here: Facebook Twitter BitcoinTalk

Nexus (NXS) Rating

★★★★★★★★★★
3 stars 1 votes

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NXS/GBP Price Chart

Genesis
September 23, 2014
Market Cap
£ 44,218,373
Volume 24h
£ 2879.5
Total Supply
78,000,000
NXS
£

NXS Questions and Answers

What is the latest price of NXS in GBP?
The latest NXS Price is £0.04940
What is NXS's MarketCap in GBP?
NXS's MarketCap is £ 44,218,373
Where can I buy NXS in the UK?
You can buy NXS on Binance (if available) or an alternative exchange
What is the 24-hour trading volume of NXS in GBP?
The 24-hour trading volume of NXS is £ 2879.5
What is the Circulating Supply of NXS?
The Circulating Supply of NXS is 0
What is the Total Supply of NXS?
The Total Supply of NXS is 78,000,000
Where can I sell NXS in the UK?
You can sell NXS on Binance (if available) or an alternative exchange
What is the web3spy.io star rating for NXS?
The current visitor generated star rating for NXS is 3 (based upon 1 visitor votes)