Discover NXT

NXT: Not A Bitcoin Clone

Expanded Functionality
NXT uses completely new Java code to create a
revolutionary 1st generation "coin" very different
from Bitcoin/Litecoin and their clones, while also
adding a wide variety of exciting new 2nd generation cryptocoin financial services as well.
Network Simplicity
The Bitcoin network requires competitive Proof-of
Work (PoW) GHash/sec mining using expensive,
power-hungry custom ASIC nodes. The NXT
network uses cooperative Proof-of-Stake (PoS)
transparent forging that is immune to "51%
attacks" and runs on $35, 4W commodity
Raspberry Pi nodes.

Accept NXT today with

coinpayments.net

VENDORS WELCOMED!
NXT goes full open source
April 4, 2014

CODERS WELCOMED!
Meet a NXT conference rep now:
tweet @new2nxt

Transaction Rapidity
Bitcoin uses 10+ minutes/block for a max throughput of 7 transactions per sec (TPS) using a 16GB
(and growing) blockchain. NXT currently takes
1 minute per block at 4.5 TPS, with improvements
coming in block timing speedup and routine chain
pruning to support eventual "instant" transactions
with guaranteed confirmation at 1000 TPS.
True Anonymity
Bitcoin transactions between wallets are recorded
forever on its blockchain. NXT is adding code to
achieve true transaction anonymity by implementing both "mixing" and the no-trust-needed
zerocoin / zerocash protocol developed at Johns
Hopkins University.
Active Community
5000+ NXTers from 50+ countries are united in a
friendly online community. We don't just talk, we
act. We're growing fast. Please, come join us!

www.new2nxt.com

www.new2nxt.com

NXT First 100 Days: WOW

As of early March 2014, NXT has shown it is more
than "just a coin". As a 2nd generation cryptocurrency written from the ground up in new Java code,
NXT has rolled out numerous financial service
capabilities that will revolutionize the crypto world
with many more to come!
New PC wallets and clients are out, as well as a
detailed business plan and upcoming NXT IPO for
NXT Mobile Apps Co. that aims to bring the NXT
ecosystem to iOS and Android smartphones. As an
alternative to long, complex transfer addresses, NXT
offers a text "alias" registration system on its
blockchain with over 60,000 registered in its first 100
days. NXT has demonstrated new altcoin creation
atop its blockchain that will soon allow anyone to
create their own new PoW/PoS coins, not just a
limited programmer priesthood.
Most significantly, NXT has a parallel testnet
CURRENTLY TESTING crypto-signed peer-to-peer
Asset Exchange (AE). In addition to working with user
defined assets, NXT AE gateways are being established with direct connection to other altcoin
transaction clients such as Doge. The goal: Trade
Doge peer-to-peer on NXT! This unique capability will
soon offer a real alternative to existing exchanges.

Join us in testing NXT Exchange TODAY!

NXT Future Days: to da moon!

Speaking of exchanges: Cryptsy is coming!
On the Feb 8 Let's Talk Bitcoin #82 podcast at
13:30, "Big Vern" of Cryptsy commented: "[NXT] is
not a cookie cutter coin...technical implementation
[at Crypsy] is going to take a little more time...it's
popular...it's fair...I feel comfortable with [NXT]."

NXT Is Green
Ecological? Financial?
BOTH!
Bitcoin depends utterly on a small mining node
network fighting for their cut of 3600 newly minted
Bitcoins per day. The only thing keeping Bitcoin
from freezing up (at $500-$1000 BTC price) is
$1.8M-$3.6M of daily inflation ($0.6-$1.2 BILLION
per year!) that pays for its ongoing required 25
million (and rising!) GHash/s of wasted computing.
A typical miner "pickaxe" is a Butterfly Lab
Monarch costing $2000 and using 350W of power
to produce 600 GHash/sec. Using these numbers,
the current Bitcoin mining network has sunk unit
infrastructure costs of at least $83 million and (at
$0.10/KwH) ongoing electricity costs of at least
$35,000 per day.
Bitcoin gear and power costs are rising ever faster.
Exponential growth of Bitcoin's hashrate (see
blockchain.info/charts/hashrate) means mining rigs
and energy use are destined to skyrocket out of
control. Bitcoin and clones like Doge are by their
very nature wasteful and ultimately destined to fail.
NXT solves this problem sustainably. By using PoS
cooperative transparent forging, not PoW competitive gigahash mining, NXT has no exponential
forcing function at its core that drives its costs and
energy consumption ever higher. A NXT blockchain
support network of 1000 Odroid U3 nodes has a
one-time unit infrastructure cost of only $60
thousand and uses only $48 per day in electricity.
Forever.

www.new2nxt.com

The NXT Bottom Line

Last Nov 24, a billion NXT were distributed to 100
founders who sent a Bitcoin or less to a Bitcointalk
[ANN] thread open for six weeks to the public.
You could have been founder 101. Since then, the
Dgex.com and Bter.com exchanges have enabled
well over a half-billion NXT "coins" to change hands
for under 0.1 mBTC each in only 90 days. NXT's
parity dilution target price with BTC is 120X higher.

90 DAYS OF NXT/BTC RISING STRENGTH UNDER 0.1 mBTC

Key ongoing events: full open source code April 4;

continuing new feature announcements; listing of
NXT on Cryptsy and BTC38; and growing Chinese
acceptance of NXT as cheap and non-inflationary.
As a 100% Proof of Stake (PoS) "coin", NXT doesn't
mine (create) inflationary new coins daily like BTC
it only forges (recycles) existing ones. PoS allows
cooperative selection of NXT node operators
(forgers, in the blacksmith sense of the term) to
generate new blocks in proportion to the total NXT
"coins" (or "stake") they already own. They use
cheap CPU computers to receive transaction fees
embedded in blocks they create and add to the NXT
blockchain. This method yields a small return on
current holdings like savings account interest but
enables a huge potential transaction time speedup.
NXT is a new, stable financial service ecosystem
based on non-inflationary "coins" and cooperating,
cheap, speedy nodes. Hello, world. NXT is here!