1. Disclaimer

2. Executive Summary

3. Market description and Products

4. Product description and solutions

5. MLM vs MLC

6. Business Model6. Business Model

7. Our Products

8. Tokenomics

10. Technical Analysis

11. Roadmap

9. SegWit Activation

3. Market description and Products

4. Product description and solutions

1

1. DISCLAIMER

IMPORTANT DISCLOSURE ON RISK

By accepting this White Paper, you agree to receipt of the

separate Initial Token Sale Circular describing certain risks

associated with the Token Sale, and to read and understand the

same (the “Circular”). The tokens offered for sale in the Token

Sale are speculative and involve a high degree of risk of losing the

purchase price. The tokens have not been registered with or

approved or disapproved by any securities or commodities

regulator in any jurisdiction, nor has any regulatory authority

passed on the accuracy or adequacy of the content of this White

Paper or the Circular. The Company expressly disclaims any Paper or the Circular. The Company expressly disclaims any

representations to the contrary and has not authorized any third

party to make in-kind representations.

This White Paper, and the accompanying Circular, both

independently and collectively, do not constitute an offer to sell

to or solicit from, any individual or entity residing in any

jurisdiction where such an offer or solicitation of cryptographic

tokens or other digital currencies are unlawful. The Token Sale is

not being offered to any entities and nations listed on the United

States’ Office of Foreign Asset Control’s Specially Designated

Nationals and Blocked Person List. Each prospective purchaser

must comply with all laws and regulations applicable to it, and in

force, in any jurisdiction in which the Company offers to the sell

the tokens in the Token Sale, and such individuals must obtain

IMPORTANT DISCLOSURE ON RISK

By accepting this White Paper, you agree to receipt of the

separate Initial Token Sale Circular describing certain risks

associated with the Token Sale, and to read and understand the

same (the “Circular”). The tokens offered for sale in the Token

Sale are speculative and involve a high degree of risk of losing the

purchase price. The tokens have not been registered with or

approved or disapproved by any securities or commodities

regulator in any jurisdiction, nor has any regulatory authority

passed on the accuracy or adequacy of the content of this White

Paper or the Circular. The Company expressly disclaims any Paper or the Circular. The Company expressly disclaims any

representations to the contrary and has not authorized any third

kind representations.

This White Paper, and the accompanying Circular, both

independently and collectively, do not constitute an offer to sell

to or solicit from, any individual or entity residing in any

jurisdiction where such an offer or solicitation of cryptographic

tokens or other digital currencies are unlawful. The Token Sale is

not being offered to any entities and nations listed on the United

States’ Office of Foreign Asset Control’s Specially Designated

Nationals and Blocked Person List. Each prospective purchaser

must comply with all laws and regulations applicable to it, and in

force, in any jurisdiction in which the Company offers to the sell

the tokens in the Token Sale, and such individuals must obtain

2

any necessary consent, approval or permission required to be

obtained to participate in the Token Sale where, under

applicable law, it is so mandated. The Company shall bear no

responsibility for any purchaser’s failure to adhere to all laws

and regulations applicable to it and in force, during the Token

Sale.

Nothing in this paper constitutes an offer or solicitation to sell

equity, shares or securities in Nexalt

any necessary consent, approval or permission required to be

obtained to participate in the Token Sale where, under

applicable law, it is so mandated. The Company shall bear no

responsibility for any purchaser’s failure to adhere to all laws

and regulations applicable to it and in force, during the Token

Nothing in this paper constitutes an offer or solicitation to sell

Nexalt.

3

2. EXECUTIVE SUMMARY:

Nexalt proposes the first-ever cryptocurrency coin based on MLC.

MLC is an acronym for Multi-Level-

integrates the concept of Multi-Level

manner.

Nexalt works just like other cryptocurrencies whereby users on the

platform need their private keys to log into their wallets and public

keys to send coins between themselves.

Nexalt has a unique feature which portrays the concept of MLC; In

regards to this, Nexalt ensures that anyone who wants to use the

Platform to send coins must have a sponsor or an upline. Any user

on the platform automatically becomes a sponsor and can refer

other users to the platform using their referral

maximum number of users a sponsor can have. On the platform, a

sponsor can earn rewards when users sponsor can earn rewards when users

generated through mining and the users who implemented the

pool (not the miners) are automatically the owners of the mined

coins. This is because miner has sold his services to the relevant

user. Whenever coins are mined, the person which is generating

block gets reward of( 39.996 XLT –

distributed upto 10 levels in upline

mine or more blocks it generates, the more commission the pool

and its upline gets. It means that as many users you sponsor on

the platform the more rewards you can

rewards are distributed through multiple levels. It is the first

cryptocurrency that allows users to generate income for marketing

it.

Nexalt is a fork of Litecoin. Nexalt uses MLC in Litecoin as a tool to

make the crypto asset more valuable and marketable for the

crypto community. Total supply of

than that will exist.

ever cryptocurrency coin based on MLC.

-Coin. MLC is an Idea that

Level-Marketing in a decentralized

works just like other cryptocurrencies whereby users on the

platform need their private keys to log into their wallets and public

keys to send coins between themselves.

has a unique feature which portrays the concept of MLC; In

ensures that anyone who wants to use the

Platform to send coins must have a sponsor or an upline. Any user

on the platform automatically becomes a sponsor and can refer

other users to the platform using their referral keys. There is no

maximum number of users a sponsor can have. On the platform, a

sponsor can earn rewards when users mine coins. Nexalt coins are sponsor can earn rewards when users mine coins. Nexalt coins are

the users who implemented the

automatically the owners of the mined

coins. This is because miner has sold his services to the relevant

user. Whenever coins are mined, the person which is generating

Pool Fee%) and 20.004 XLT are

upline of the pool. More coins pool

mine or more blocks it generates, the more commission the pool

means that as many users you sponsor on

you can earn, and bonuses and

rewards are distributed through multiple levels. It is the first

cryptocurrency that allows users to generate income for marketing

uses MLC in Litecoin as a tool to

make the crypto asset more valuable and marketable for the

crypto community. Total supply of 100800000 XLT Coins, no more

4

Our Mission:

To develop a connection between the

international crypto market and the

consumers having less familiarities with

crypto market infrastructure and those

who find it difficult to use cryptocurrency

in their jurisdiction.

goal by merging mass marketing with

cryptocurrency in decentralized

atmosphere and incentivised our

workforce with XLT Coins.

Our Vision: To create a decentralized atmosphere where tech experts and common people can operate cryptocurrency with equal opportunities. The miners, pool setters and marketers can earn incentives in form of cryptocurrency. A global network for crypto lovers having equal opportunities for all

Our Mission:

To develop a connection between the

international crypto market and the

consumers having less familiarities with

crypto market infrastructure and those

who find it difficult to use cryptocurrency

in their jurisdiction. We accomplish this

goal by merging mass marketing with

cryptocurrency in decentralized

atmosphere and incentivised our

workforce with XLT Coins.

To create a decentralized atmosphere where tech experts and common people can operate cryptocurrency with

miners, pool

incentives in form of cryptocurrency. A global network for crypto lovers having

5

3. MARKET DESCRIPTION AND PROBLEMS:

The AARP Foundation's study found that 44% of participants

dropped out after less than one year working with an MLM. Taylor's

research shows similar numbers and goes into a little more depth

on dropout rates:

(https://www.thebalancesmb.com/the

1794500)

A minimum of 50% of MLM representatives drops out in the

first year.

A minimum of 90% of representatives leaves within five years.

By year 10, only those at or near the top have not dropped

out—which means at least 95% of representatives have out—which means at least 95% of representatives have

dropped out.

In the more recent AARP Foundation study, 66% of the MLM

participants invested less than $1,000 for inventory, training, and

materials while they were with an MLM organization, 24% spent

between $1,000 and $4,999, and 11% paid $5,000 or more, while

23% did not remember how much they invested. Only four people

reported spending more than $50,000.

The AARP Foundation found that only about 25% of those surveyed

made a profit with MLM, 27% broke even, and about half of them

lost money. Of the quarter that made a profit:

14% made less than $5,000

6% made between $5,000 and $9,999

3% made between $10,000 and $24,999

3. MARKET DESCRIPTION AND PROBLEMS:

The AARP Foundation's study found that 44% of participants

dropped out after less than one year working with an MLM. Taylor's

research shows similar numbers and goes into a little more depth

https://www.thebalancesmb.com/the-likelihood-of-mlm-success-

A minimum of 50% of MLM representatives drops out in the

A minimum of 90% of representatives leaves within five years.

By year 10, only those at or near the top have not dropped

which means at least 95% of representatives have which means at least 95% of representatives have

In the more recent AARP Foundation study, 66% of the MLM

participants invested less than $1,000 for inventory, training, and

materials while they were with an MLM organization, 24% spent

between $1,000 and $4,999, and 11% paid $5,000 or more, while

23% did not remember how much they invested. Only four people

reported spending more than $50,000.

The AARP Foundation found that only about 25% of those surveyed

made a profit with MLM, 27% broke even, and about half of them

lost money. Of the quarter that made a profit:

6% made between $5,000 and $9,999

3% made between $10,000 and $24,999

6

3% made $25,000 or more

.05% made $100,000 or more

PROBLEMS

There is no business that is immune to problems that need

outright solutions. The business of MLM is not excluded,

thereby the under-listed problems have been seen in the

MLM industry, which Nexalt has tackled using the concept of

MLC.

Limited Profit Potential for non

birds face limited profit potential in the MLM community.

This is as a result of more profits and discounts being

allocated to early birds. Also, many MLM programs tend

to be already packing up with the rate of MLM scam

projects coming up of late, thereby making the non

birds become the prey and being used for their Exit scam.birds become the prey and being used for their Exit scam.

Product Peddling: The majority if not all MLM project

force their users into selling products before they are

really able to move up in levels. This is a challenge for

users on the community who have little or no marketing

power to sell products, thereby thwarting their earning

potentials.

The continual need to recruit other:

need to recruit other people in MLM projects. It is a very

huge challenge faced in the industry which thwarts the

earning potential of users who are unable to recruit

newbies.

more

more

There is no business that is immune to problems that need

outright solutions. The business of MLM is not excluded,

listed problems have been seen in the

has tackled using the concept of

Limited Profit Potential for non-early birds: Non-early

birds face limited profit potential in the MLM community.

This is as a result of more profits and discounts being

allocated to early birds. Also, many MLM programs tend

to be already packing up with the rate of MLM scam

projects coming up of late, thereby making the non-early

birds become the prey and being used for their Exit scam.birds become the prey and being used for their Exit scam.

The majority if not all MLM project

force their users into selling products before they are

really able to move up in levels. This is a challenge for

users on the community who have little or no marketing

power to sell products, thereby thwarting their earning

The continual need to recruit other: There is a continual

need to recruit other people in MLM projects. It is a very

huge challenge faced in the industry which thwarts the

earning potential of users who are unable to recruit

7

Cumbersome Mass marketing plans:

are very expensive which is used only by large and well

established companies, therefore not recommended for

small or medium-sized companies. Even when used by these

small companies, the ROI (Return on Investment) tends to

be very low, so it has discouraged them from using this form

of marketing.

Transparency issues: Reputation in the MLM industry is at

stake due to the lack of transparency encountered in the

industry, and as a result, many users have suffered fraud.

Nexalt looks to solve this problem by providing a Nexalt looks to solve this problem by providing a

transparent marketing and income plans for users.

Cumbersome Mass marketing plans: Mass marketing plans

are very expensive which is used only by large and well-

established companies, therefore not recommended for

sized companies. Even when used by these

small companies, the ROI (Return on Investment) tends to

be very low, so it has discouraged them from using this form

Reputation in the MLM industry is at

stake due to the lack of transparency encountered in the

industry, and as a result, many users have suffered fraud.

looks to solve this problem by providing a looks to solve this problem by providing a

transparent marketing and income plans for users.

8

4. PRODUCT DESCRIPTION AND SOLUTIONS

Nexalt has examined the above-listed problems in the MLM

industry and is out to offer solutions to these problems with the

help of the concept of MLC using Blockchain technologies.

Maximized profit potentials for all users:

a maximized profit potential for users using the MLC concept.

Users have the potential to earn as sponsors using the

multilevel marketing or mining of XLT coins using their computer

powers. Mining fees and mined coins are distributed to users

according to their sponsor (pool) trees.

No product is being sold: No products are being sold in the

Nexalt Ecosystem. Unlike the MLM ecosystem where

people work for the company for penny profits by selling

products, Nexalt offers the users in the Ecosystem the products, Nexalt offers the users in the Ecosystem the

opportunity to work for themselves. The more

input, the higher you earn.

No Mandate to recruit new members:

to recruit new members on the ecosystem due to the

multiple earning opportunities provided by the

ecosystem. The users, who are not able to recruit users

earn through the mining of coins for existing or new pools

using own computer power. Working as a miner, miner is

not owner of the coins or rewards. They can earn through

mining fees. The only mandate on the ecosystem is having

a sponsor. Every user must have a sponsor to use the

platform. While new members can join existing pool or

form new pool.

4. PRODUCT DESCRIPTION AND SOLUTIONS

listed problems in the MLM

industry and is out to offer solutions to these problems with the

help of the concept of MLC using Blockchain technologies.

Maximized profit potentials for all users: Nexalt has developed

a maximized profit potential for users using the MLC concept.

Users have the potential to earn as sponsors using the

multilevel marketing or mining of XLT coins using their computer

powers. Mining fees and mined coins are distributed to users

trees.

No products are being sold in the

Ecosystem. Unlike the MLM ecosystem where

people work for the company for penny profits by selling

offers the users in the Ecosystem the offers the users in the Ecosystem the

opportunity to work for themselves. The more you work on

No Mandate to recruit new members: There is no mandate

to recruit new members on the ecosystem due to the

multiple earning opportunities provided by the Nexalt

who are not able to recruit users, can

coins for existing or new pools

. Working as a miner, miner is

not owner of the coins or rewards. They can earn through

The only mandate on the ecosystem is having

a sponsor. Every user must have a sponsor to use the

. While new members can join existing pool or

9

Inexpensive mass Marketing plans:

challenges faced by small businesses in using mass

marketing plans because of how expensive it is, therefore,

we have mapped out a better plan to target these small

businesses which can be seen on our websites.

Blockchain Transparency: One of the reasons for the

praise of blockchain technology is because of its

transparency feature. Every transaction on the

ecosystem is transparent and can be seen by anyone.

With this, we aim to solve the transparency issues of

MLM using the idea of MLC.

Inexpensive mass Marketing plans: Nexalt has seen the

challenges faced by small businesses in using mass

marketing plans because of how expensive it is, therefore,

we have mapped out a better plan to target these small

businesses which can be seen on our websites.

One of the reasons for the

praise of blockchain technology is because of its

transparency feature. Every transaction on the Nexalt

ecosystem is transparent and can be seen by anyone.

With this, we aim to solve the transparency issues of

MLM using the idea of MLC.

10

5. MLM VS MLC

The concept of MLM has gained recognition over the years

and also engaged users from different parts of the world but

Nexalt is proposing the first Phase of MLC. In this section, we

shall outline the differences and similarities between MLM

and MLC.

Similarities:

Both Platforms have multiple levels of referral systems.

Differences:

In MLM, Users work for the company by selling products,

Users work for themselves in MLC through

and Sponsor.

In MLM, Only early birds have a greater potential of In MLM, Only early birds have a greater potential of

earning more while MLC provides maximized earning for

everyone, both early birds and night owls.

Sold products in MLM cannot given back (return)

MLM company while coins mined and earned in MLC

can be sold on exchanges.

How Nexalt Ecosystem Works

Nexalt ecosystem was built to work in very easy steps.

1. Get a sponsor key: one major requirement to be on the

Nexalt ecosystem is to have a sponsor. Everyone must have a

sponsor before they can use Nexalt

mining, referral or having Nexalt

The concept of MLM has gained recognition over the years

and also engaged users from different parts of the world but

is proposing the first Phase of MLC. In this section, we

shall outline the differences and similarities between MLM

Both Platforms have multiple levels of referral systems.

MLM, Users work for the company by selling products,

Users work for themselves in MLC through Mining, pools

In MLM, Only early birds have a greater potential of In MLM, Only early birds have a greater potential of

earning more while MLC provides maximized earning for

everyone, both early birds and night owls.

cannot given back (return) to the

MLM company while coins mined and earned in MLC

ecosystem was built to work in very easy steps.

one major requirement to be on the

ecosystem is to have a sponsor. Everyone must have a

Nexalt ecosystem for pool

Nexalt Wallet.

11

2. Join the Network: After you have gotten your sponsor key,

you can proceed to join the network. Complete it by filling in a

few information about yourself after which you can be allowed

to use the ecosystem and have your own

3. Start Mining/Build Network:

key and joined the network have two options to choose from

or do both. Users who have enough computing power can start

mining XLT Coins by becoming a part of a pool or forming new

pool. Otherwise, they can start building their network with

their referral keys so as to earn from several levels below

them. They can also sell their mining services to interested

users.

After you have gotten your sponsor key,

you can proceed to join the network. Complete it by filling in a

few information about yourself after which you can be allowed

to use the ecosystem and have your own Nexalt wallet.

3. Start Mining/Build Network: Users who got their sponsor

key and joined the network have two options to choose from

or do both. Users who have enough computing power can start

Coins by becoming a part of a pool or forming new

, they can start building their network with

as to earn from several levels below

. They can also sell their mining services to interested

12

6. BUSINESS MODEL

Nexalt will target marketing companies in other to embed our

decentralized and secured mass marketing and referral

solutions for payment and transactional purposes. This will solutions for payment and transactional purposes. This will

ensure the security and transparency of transactions on the

network.

Our target is also on platforms and e

accept electronic payments on using our Open source POS

with XLT payment gateway.

Our Business plan also includes Mass Marketing on Blockchain

using XLT web solutions, thereby making it easier for anyone

to launch their mass marketing campaign with low

investments.

Acceptance of XLT on Ecommerce stores (Open source POS

with XLT Payment Gateway)

will target marketing companies in other to embed our

decentralized and secured mass marketing and referral

solutions for payment and transactional purposes. This will solutions for payment and transactional purposes. This will

ensure the security and transparency of transactions on the

Our target is also on platforms and e-commerce stores that

accept electronic payments on using our Open source POS

Our Business plan also includes Mass Marketing on Blockchain

using XLT web solutions, thereby making it easier for anyone

to launch their mass marketing campaign with low

Acceptance of XLT on Ecommerce stores (Open source POS

13

Key Partners Companies with

Decentralized systems

Users registered in the network

Vendors Mass Marketing

Systems

Key Activities E-payments Mass Marketing A solution to existing

problems

Key Resources

Decentralized network IT infrastructure Mining teams

Customer RelationshipCost Structure Customer Relationship Sponsor is mandatory Personal assistance Guidance and help by

the sponsor

Customer Segment All segments of the

population without demographic restrictions

Cost Structure Mining Network Development

Team Channels cost

Revenue Stream Mining of coins Marketing Transaction Fee Sale/ Purchase

Commission

Key Activitiespayments

Mass MarketingA solution to existing problems

Key Resources

Decentralized networkIT infrastructureMining teams

Value Position Fast and

Secure transaction

E-payments through multiple electronic platforms

Customer Relationship ChannelsCustomer RelationshipSponsor is mandatory Personal assistance Guidance and help by the sponsor

Customer SegmentAll segments of the population without demographic restrictions

Channels Crypto

market Social

Media Network

Marketing Internet

14

7. OUR PRODUCTS

Products are one of the basic things investors seek to know

before buying into or investing in a crypto project.

Ecosystem presents the following products.

MLC: Nexalt Ecosystem is proud to be the first in the

cryptosphere to initiate the idea of MLC, a concept which

decentralises MLM. MLC allows users on the platform to

earn coins by sponsoring other users to join the ecosystem

Every existing user of NEXALT can become the sponsor for

new users and maintain their network.

Exchange: Nexalt has its own crypto exchange, Exchange: Nexalt has its own crypto exchange,

where users can exchange their mined and earned coins for

other cryptocurrencies such as BTC, LTC, DOGE coins at the

moment. We look forward to integrating other coins and

tokens in the future. Already, we have gained acceptance

from many clients around the globe.

efficient crypto trading platform for ambitious traders.

XLT Wallets: Nexalt Wallets allows users to store their XLT

coins securely using their private keys. Users can send and

receive XLT coins using their wallet public keys. At the

moment, the wallets are available for MAC and Windows

Operating system. More Operating systems will be

supported in the nearest future.

Products are one of the basic things investors seek to know

before buying into or investing in a crypto project. Nexalt

Ecosystem presents the following products.

Ecosystem is proud to be the first in the

to initiate the idea of MLC, a concept which

decentralises MLM. MLC allows users on the platform to

earn coins by sponsoring other users to join the ecosystem.

Every existing user of NEXALT can become the sponsor for

new users and maintain their network.

has its own crypto exchange, Thewallets, has its own crypto exchange, Thewallets,

where users can exchange their mined and earned coins for

other cryptocurrencies such as BTC, LTC, DOGE coins at the

moment. We look forward to integrating other coins and

tokens in the future. Already, we have gained acceptance

from many clients around the globe. TheWallets provides

efficient crypto trading platform for ambitious traders.

Wallets allows users to store their XLT

coins securely using their private keys. Users can send and

receive XLT coins using their wallet public keys. At the

moment, the wallets are available for MAC and Windows

Operating system. More Operating systems will be

supported in the nearest future.

15

WHY NEXALT?

Secured: Nexalt is built as a fork of one of the most secured

blockchain script, Litecoin. Litecoin has been in operation

since 2011 and have proven its stability with 99.9% Uptime

while transacting billions of dollars daily.

Decentralized Finance: To ensure the system is trusted and

people earn, every new user in the ecosystem is required to people earn, every new user in the ecosystem is required to

have a sponsor. Every user on Nexalt

automatically after they join the system and can begin

referring other users without any hassles or further

requirements.

Low cost Fees: Nexalt offers a very low transaction fees for

users’ transactions. Users can make borderless transactions

and payments from anywhere, anytime.

Exchangeable: Nexalt coins can be exchanged on crypto

exchanges for other cryptocurrencies and fiat. We also offer

our own internal exchange where users can swap or

exchange Nexalt for other cryptocurrencies like Bitcoin,

Ethereum, Litecoin.

is built as a fork of one of the most secured

, Litecoin. Litecoin has been in operation

and have proven its stability with 99.9% Uptime

while transacting billions of dollars daily.

To ensure the system is trusted and

people earn, every new user in the ecosystem is required to people earn, every new user in the ecosystem is required to

Nexalt ecosystem is a sponsor

automatically after they join the system and can begin

referring other users without any hassles or further

offers a very low transaction fees for

users’ transactions. Users can make borderless transactions

and payments from anywhere, anytime.

coins can be exchanged on crypto

exchanges for other cryptocurrencies and fiat. We also offer

our own internal exchange where users can swap or

for other cryptocurrencies like Bitcoin,

16

The software is released in a transparent process that allows

for independent verification of binaries and their

corresponding source code. (https://litecoin.org/

Nexalt Uses a Proof of Work consensus (POW). Proof

8. TOKENOMICS:

The

an open source software project

released under the MIT/X11 license

which gives you the power to run,

modify, and copy the software and

to distribute, at your option,

modified copies of the software.

Nexalt Uses a Proof of Work consensus (POW). Proof

or PoW, is the original consensus algorithm in a Blockchain

network.

In Blockchain, this algorithm is used to confirm transactions

and produce new blocks to the chain. With

compete against each other to complete transactions on the

network and get rewarded. In a network, users send each

other digital tokens. A decentralized

transactions into blocks. However, care should be taken to

confirm the transactions and arrange blocks.

This responsibility bears on special nodes called miners, and a

process is called mining. A user can mine itself in a pool or hire

a miner on his/her behalf to mine in a pool.

(https://cointelegraph.com/explained/proof

explained)

The software is released in a transparent process that allows

for independent verification of binaries and their

https://litecoin.org/).

Uses a Proof of Work consensus (POW). Proof-of-Work,

The Nexalt coin is a fork of Litecoin,

an open source software project

released under the MIT/X11 license

which gives you the power to run,

modify, and copy the software and

to distribute, at your option,

modified copies of the software.

Uses a Proof of Work consensus (POW). Proof-of-Work,

, is the original consensus algorithm in a Blockchain

Blockchain, this algorithm is used to confirm transactions

and produce new blocks to the chain. With PoW, miners

compete against each other to complete transactions on the

network and get rewarded. In a network, users send each

other digital tokens. A decentralized ledger gathers all the

transactions into blocks. However, care should be taken to

confirm the transactions and arrange blocks.

This responsibility bears on special nodes called miners, and a

. A user can mine itself in a pool or hire

a miner on his/her behalf to mine in a pool.

https://cointelegraph.com/explained/proof-of-work-

17

Currently, pool winners of XLT block are

(*Pool fee apply on it) and 20.004 XLT for

of 2.5minutes per block. There will be Halving of

840,000 Blocks.

A total of 10,080,000 XLT Coins were pre

supply.

Nexalt system offers a fantastic facility for its users. Users can buy mining

services and miners can mine on behalf of them. In this scenario, mining

reward will go to up-line of the user who implemented the pool instead

of miner’s up-line, although the new block is generated by the miner. It

happens because miner has sold out his mining service to the relevant

user. This mining reward will be distributed up to 10 levels in up

person who implemented the pool.

ABOUT LITECOIN:

Litecoin is a decentralized cryptocurrency like Bitcoin, which also allows

users to transfer funds between themselves using wallets. Litecoin is

able to handle more transaction volumes that bitcoin because of its

more blocks generations and as a result, faster confirmation is ensured

for users on the Litecoin Ecosystem. Litecoin is build to have a maximum

supply of 84M Coins which is 4x the supply of bitcoin. Litecoin rewards

miners with 25 Litecoin per block which gets halved every 4years at

around 840,000 Blocks.

In terms of price, Litecoin have an all time high price of $375.29 on Dec.

19 2017 and an all time low of $1.11 on Jan. 14 2015. Litecoin is

currently trading above $3Billion volume daily with a market

capitalization of over $2Billion.

block are being rewarded 39.996 XLT

and 20.004 XLT for upline with an approx. average

of 2.5minutes per block. There will be Halving of Nexalt coins after

A total of 10,080,000 XLT Coins were pre-mined which is 10% of the total

system offers a fantastic facility for its users. Users can buy mining

services and miners can mine on behalf of them. In this scenario, mining

line of the user who implemented the pool instead

line, although the new block is generated by the miner. It

happens because miner has sold out his mining service to the relevant

user. This mining reward will be distributed up to 10 levels in up-line of

Litecoin is a decentralized cryptocurrency like Bitcoin, which also allows

users to transfer funds between themselves using wallets. Litecoin is

able to handle more transaction volumes that bitcoin because of its

more blocks generations and as a result, faster confirmation is ensured

for users on the Litecoin Ecosystem. Litecoin is build to have a maximum

supply of 84M Coins which is 4x the supply of bitcoin. Litecoin rewards

miners with 25 Litecoin per block which gets halved every 4years at

In terms of price, Litecoin have an all time high price of $375.29 on Dec.

19 2017 and an all time low of $1.11 on Jan. 14 2015. Litecoin is

currently trading above $3Billion volume daily with a market

18

9. SegWit Activation

PurposeCryptocurrrencies are updating on daily basis like all technologies. It creates a challenge to keep system in excellent work performance and in demand.

Nexalt has also implemented smart technologies with advance features to increase its worth and demand. Nexalt, a fork of litecoin, have transactions issue similar to Short block generating time of 2 minutes and 30 seconds and pioneered incoming transactions are challenging. Each block has a max. size limit of 1 MB as per bitcoina max. size limit of 1 MB as per bitcoineach block can store only limited number of transactions. Increasing weight of transactions causes processing and verification delays due to affected network(s).

To overcome this dilemma and to avoid long hours for transactions confirmation or validation, Nexalt has made smart updates to make system working smooth.

Main challenge and solutionMain issues faced by legacy systems (blocks contain receiver and sender information., some scripts and transaction signatures) are transaction scalability and malleability.

are updating on daily basis like all technologies. It creates a challenge to keep system in excellent work performance and in demand.

Nexalt has also implemented smart technologies with advance features to increase its worth and demand. Nexalt, a fork of

, have transactions issue similar to Litecoin or bitcoin. Short block generating time of 2 minutes and 30 seconds and pioneered incoming transactions are challenging. Each block has

bitcoin protocols, that’s why

19

bitcoin protocols, that’s why each block can store only limited number of transactions. Increasing weight of transactions causes processing and verification delays due to affected network(s).

To overcome this dilemma and to avoid long hours for transactions confirmation or validation, Nexalt has made smart updates to make system working smooth.

Main issues faced by legacy systems (blocks contain receiver and sender information., some scripts and transaction signatures) are transaction scalability and malleability.

Scalability issues are faced due to size limit of block i.e. 1 MB. Each block can store only limited number of transactions to be processed. It impact average transactions processing ability.

Visa processes 1700 transactions per second while processes only 4.6 transactions per second. Each transaction comprise of the receiver’s public key, transaction details and sender’s private key known as signature data. Approximately 65% of the space of each transaction is utilized by signature data. For blockchain, transaction processing and validation is a time race, as more and more transactions are chained simultaneously by multiple users. It poorly impacts system performance and demand an innovative solution.

Transaction malleability is an alteration

Any alteration in first layer signature can make second layer transaction invalid. It makes system authenticity and integrity a threat. It result an environment of distrust and disrespect. Multiple transactions may remain unconfirmed. In legacy system due to addition of 2nd layer.

After initiation of a transaction, private and public keys are converted to a line of code know as transaction ID. Each transaction has its unique transaction ID which is later on used for future processing, after confirmation from network the transaction is completed.

Transaction malleability is an alteration threat. It is horrific that someone steal your crypto coin. Single transaction with different signatures but same mathematical values can have different hash values.

issues are faced due to size limit of block i.e. 1 MB. Each block can store only limited number of transactions to be processed. It impact average

Visa processes 1700 transactions per second while Bitcoinprocesses only 4.6 transactions per second. Each transaction comprise of the receiver’s public key, transaction details and sender’s private key known as signature data. Approximately 65% of the space of each transaction is utilized by signature

, transaction processing and validation is a time race, as more and more transactions are chained simultaneously by multiple users. It poorly impacts system performance and demand an innovative solution.

is an alteration

20

Any alteration in first layer signature can make second layer transaction invalid. It makes system authenticity and integrity a threat. It result an environment of distrust and disrespect. Multiple transactions may remain unconfirmed. In legacy

layer.

After initiation of a transaction, private and public keys are converted to a line of code know as transaction ID. Each transaction has its unique transaction ID which is later on used for future processing, after confirmation from network

is an alteration threat. It is horrific that someone steal your crypto coin. Single transaction with different signatures but same mathematical values

Main flaws happen when receiver make changes, although minor, to the sender’s information (mostly in signature id receiver can make some changes) before confirmation. It modifies the transaction id.

On acceptance of this altered transaction, the transaction is completed and the receiver receives the amount. But the tempered transaction ID of original transaction appeared to be failed in the sender’s account. Receiver claims another transaction, and sender is defaulted to send the double amount. The sender, miners, and the rest of the network is not able trace this phenomena. After confirmation, the block is added to the blockchain and changed no more as transactions are not reversible in system.

These flaws are countered through the These flaws are countered through the system. Nexalt also has activated and make the system smoother and more secure.

SegWit stands for segregated witness (signature data). This software patch is designed by Pieter Wuille to over come transactions scalability and malleability issues.

It is also known as soft fork. It has introduced extended block of size 3MB along with 1MB base transaction block concept to block chain. This extended block is used to store witness data that could not be changed after transaction

Main flaws happen when receiver make changes, although minor, to the sender’s information (mostly in signature id receiver can make some changes) before confirmation. It

On acceptance of this altered transaction, the transaction is completed and the receiver receives the amount. But the tempered transaction ID of original transaction appeared to be failed in the sender’s account. Receiver claims another transaction, and sender is defaulted to send the double amount. The sender, miners, and the rest of the network is not able trace this phenomena. After confirmation, the block is added to the

and changed no more as transactions are not

These flaws are countered through the SegWit patch in the These flaws are countered through the SegWit patch in the system. Nexalt also has activated SegWit in its updated version and make the system smoother and more secure.

stands for segregated witness (signature data). This software patch

to over come transactions scalability and

It is also known as soft fork. It has introduced extended block of size 3MB along with 1MB base transaction block concept to block chain. This extended block is used to store witness data that could not be changed after transaction

21

Transaction data stored outside the block has two benefits. First, any change in signature data would have no impact on transaction ID, which solve malleability concern. creates additional space to store more transactions in a block by trimming data and allows more transactions to fit in. Hence, it improves block scalability.

Transaction weight calculation formula makes it more apparent.Transaction weight = Base transaction x 3 + Full transaction size

Transaction weight of legacy system is almost four times of the transaction size. e.g. 1000 bytes transaction has weight equal to: 1000 bytes x 3 + 1000 = 4000 bytesto: 1000 bytes x 3 + 1000 = 4000 bytes

But transaction weight for segwittimes of the transaction size. e.g. 1200 bytes transaction (800 bytes base transaction size and 400 bytes witness size data) in segwit has weight equal to: (1200

It shows larger witness data results to lighter transaction weights in segwit. Almost 50% of placing through segwit. Famous wallets using electrum, Ledger Nano S, Trezor

Although there are some cons of pros, but it cannot reduce the importance of this smart advancement in blockchain technology. That’s why has welcomed segwit for advancement.

Transaction data stored outside the block has , any change in signature

data would have no impact on transaction ID, which solve malleability concern. Second, it creates additional space to store more transactions in a block by trimming data and allows more transactions to fit in. Hence, it

Transaction weight calculation formula makes it more

Transaction weight = Base transaction x 3 + Full transaction

Transaction weight of legacy system is almost four times of the transaction size. e.g. 1000 bytes transaction has weight equal to: 1000 bytes x 3 + 1000 = 4000 bytes

22

to: 1000 bytes x 3 + 1000 = 4000 bytes

segwit transactions is less than four times of the transaction size. e.g. 1200 bytes transaction (800 bytes base transaction size and 400 bytes witness size data) in

has weight equal to: (1200-400) x 3 +1200 = 3600 bytes

It shows larger witness data results to lighter transaction . Almost 50% of bitcoin transactions are

. Famous wallets using segwit are Trezor, Exodus, Electrum, etc.

Although there are some cons of segwit too along with its pros, but it cannot reduce the importance of this smart

technology. That’s why Nexaltfor advancement.

10. TECHNICAL ANALYSIS:

Coin Name: Nexalt

Coin Symbol: XLT

Total Nexalt: 100800000

Mining Reward For Winning Pool:

Block Time: 2 minutes and 30 seconds

Halving time: 840,000 Blocks

Levels Percentage

10th level

9th level

8th level

7th level

6th level

5th level

4th level

3rd level

2nd level

1st level

Mining Node (11th Level)

If Mining on 12th node, 1st level will not receive commission.

Reward For Winning Pool: 60XLT/Block

Block Time: 2 minutes and 30 seconds approximately

Percentage Rewards

3.334% 2.0004 XLT

3.334% 2.0004 XLT

3.334% 2.0004 XLT

3.334% 2.0004 XLT

3.334% 2.0004 XLT

3.334% 2.0004 XLT

3.334% 2.0004 XLT

3.334% 2.0004 XLT

3.334% 2.0004 XLT

3.334% 2.0004 XLT

66.66% 39.996 XLT

level will not receive commission.

23

POOL CRITERIA:

Pool win block successfully: 39.996 XLT

Uplines: 60 XLT – 39.996 XLT = 20.004 XLT

After Pool fee deduction is made at winning node (not in

upline)

Let us suppose Pool fee is 10%,

39.996-(39.996 x 10%) = 35.9964 XLT

We will have to distribute 35.9964

pool i.e. block winners but on up

made.

Winning Amount – Pool Fee = Dividable Earning

Any level above 10th level will not receive commission by Any level above 10th level will not receive commission by

mining on 12 node.

Levels Percentage

10th level

9th level

8th level

7th level

6th level

5th level

4th level

3rd level

2nd level

1st level

Mining Node (11th Level)

39.996 XLT

39.996 XLT = 20.004 XLT

After Pool fee deduction is made at winning node (not in

10%,

35.9964 XLT remaining.

35.9964 XLT to the tree of the

upline no deduction would

Pool Fee = Dividable Earning

level will not receive commission by level will not receive commission by

Percentage Rewards

3.334% 1.80036 XLT

3.334% 1.80036 XLT

3.334% 1.80036 XLT

3.334% 1.80036 XLT

3.334% 1.80036 XLT

3.334% 1.80036 XLT

3.334% 1.80036 XLT

3.334% 1.80036 XLT

3.334% 1.80036 XLT

3.334% 1.80036 XLT

66.66% 35.9964 XLT

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11. ROADMAP

2016Dec. 2016

Mar.2017

Apr.2017

Concept was founded. Mass

Marketing script with blockchain

Held first XLT get

together

7% XLT tokens were distributed

by

Listed in Exchange

and started trading

Feb. 2020

May 2020

Beta version of

mining and

Wallets

Pool integration

in MLC

with blockchaininitiated

by marketing

Apr.2017

Jun. 2018

Dec. 2019

Jan.2020

Listed in Pvt.Exchange

and started trading

3% token distribution

for development

Integration of Proof of work and

MLC

Listed on TheWallets

July 2020

2021

integration

SegWitActivation

Advance featured updates

for development

25