The Nexus (NXS) coin is a cryptocurrency that powers the platform of the Nexus blockchain. Nexus blockchain was established by Nexus Development U.S., LLC, with the aim of providing a highly scalable Proof of Work-based blockchain network. Nexus implements “Multi-Dimensional Chaining”. This technology offers coins the ability to use three types of consensus at once. Nexus implements mining with Skein-Keccak hybrid hashing, performed within a mining pool-like infrastructure, making the coin especially secure. The structure of mining, used by the Nexus coin helps it to maintain a merit-based approach to mining rewards.
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