Nexus (NXS) News

Another addition in the peer to peer network is Nexus (NXS). It came into the market with an aim to improve the status of the current blockchain technology by providing more security, scalability and speed to the current blockchain protocols. With a very unique approach to tackle all these situations, this platform has become very popular among the users. This platform is currently working to its full potential and if it continues to do so then it would emerge as a game changer in this industry. Nexus (NXS) has managed to develop a three-dimensional blockchain with the help of three different consensus mechanisms which are known as prime channel, the hashing channel and the proof of holdings channel. But this is not all it provides, it also runs a three-tiered telecommunications network which are the mesh network, the cube satellites and the ground stations. These are used with the aim of providing additional decentralisation for the network. Nexus (NXS) also has their own coin known as the Nexus Coin which works as the currency of the Nexus network and this coin is quite popular with the current supply of 78 million coins alongside a 10-year distribution period.