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  • 8/12/2019 NXT Brochure Draft - DOC File

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    NXT : Not A Bitcoin CloneExpanded UsabilityBitcoin is just a coin, as are its clones. NXTuses completely new Java code to make arevolutionary new coin very different fromBitcoin, AND a wide variety of exciting newfinancial services as well.

    Network SimplicityThe Bitcoin network re uires competitive!roof"of #ork $!o#% &'ash(sec minin) usin)e*pensive, power"hun)ry custom + - nodes.The NXT network uses cooperative roof!of!Stake " oS# transparent for)in), immune to$%& attacks' runnin) on /01, 2# commodity3asp4erry !i nodes.

    (ransaction )apidityBitcoin uses 567 minutes(4lock for a ma*throu)hput of 8 transactions per sec $T! %usin) a 59&B $and )rowin)% 4lockchain. NXTcurrently takes 5 minute per 4lock at 2.1 T! ,

    with improvements comin) in 4lock timin)speedup and routine chain prunin) to supporteventual i nstant transactions wit* guaranteedconfirmation at %+++ ( S,

    (rue AnonymityBitcoin transactions 4etween wallets are

    recorded forever on its 4lockchain. NXT isaddin) code to achieve true transactionanonymity 4y implementin) 4oth mi*in) andthe no"trust"needed :erocoin ( :erocashprotocol developed at John 'opkins ;niversity.

    Active -ommunity

    16667 NXTers from 167 countries are united ina friendly online community. #e don

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    NXTNXT

    $$$.ne$&n't.comNXT First 100 Days : WOW

    +s of early >arch ?652, NXT has shown it ismore t*an .ust a coin , +s a / nd generationcryptocurrency written from the )round up innew Java code, NXT has rolled out numerousfinancial service capabilities that willrevolutioni:e the crypto world @ with manymore to come 0 New - wallets and clientsare out, as well as a detailed 4usiness plan andupcomin) NXT -!A for N1( 2obile Apps -o .

    that aims to 4rin) the NXT ecosystem to iAand +ndroid smartphones. +s an alternative tolon), comple* transfer addresses, NXT offers atext alias registration system on its4lockchain with over 96,666 re)istered in itsfirst 566 days. NXT has demonstrated newaltcoin creation atop its 4lockchain that willsoon allow anyone to create their own new!o#(!o coins, not just a limited pro)rammerpriesthood. >ost si)nificantly, NXT has a

    parallel testnet -U))EN(34 (ES(5N6crypto!signed peer!to!peer Asset Exc*ange"AE#. -n addition to workin) with user definedassets, NXT + )ateways are 4ein)esta4lished with direct connection to otheraltcoin transaction clients such as Co)e. The)oalD Trade Co)e peer"to"peer on NXT = Thisuni ue capa4ility will soon offer a real

    alternative to e*istin) e*chan)es. Con"/0.9> of dailyinflation $/6.9"/5.? B-GG-AN per year=% thatpays for its on)oin) re uired ?1 million $andrisin)=% &'ash(s of wasted computin). +typical miner picka*e is a Butterfly Ga4>onarch costin) /?666 and usin) 016# ofpower to produce 966 &'ash(sec. ;sin) thesenum4ers, the current Bitcoin minin) networkhas sunk unit infrastructure costs of at least89: million and $at /6.56(Ow'% on)oin)electricity costs of at least 8:$'+++ per day .

    ;itcoin gear and power costs are rising everfaster . *ponential )rowth of Bitcoin

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    Q6 C+P AE NXT(BT 3- -N& T3 N&T' ;NC 3 6.5 mBT

    Oey on)oin) eventsD full open source code +pril2R continuin) new feature announcementsRlistin) of NXT on ryptsy and BT 0FR and)rowin) hinese acceptance of NXT as cheapand non"inflationary.

    +s a 566S !roof of take $!o % coin, NXTdoesn