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. ThNexus is a community-driven project with the common vision of a world inspired by innovative and responsible values, expansive technology, and the fundamental quality of connection being ubiquitous, free, and available to everyone. Nexus has been mined into existence since September 23rd, 2014 with no ICO or premine. The platform is designed and intended to simplify lives, empower communities, and streamline business.<div><p>The release of the Tritium Protocol in late 2019 ushered in the era of the TAO Framework being the first of the three major architectural upgrades (Tritium, Amine, &amp; Obsidian). Nexus is a seven-layered software stack that powers a register-based process virtual machine, serving as a powerful DApp and contract platform creating value across many industries. Development is accessible via an array of industry-specific JSON-based API's including but not limited to: encrypted communication, digital identifiers, supply chain, asset management, cryptography, &amp; tokenization.</p><p>Nexus uses post-quantum signature schemes (FALCON), and automated key management functions through a technology called 'Signature Chains'. This technology eliminates key management issues (wallet.dat's) by allowing users to access their accounts with the familiarity of a username, password and PIN. Additional technology being developed by Nexus includes a Decentralized Autonomous Organization (DAO) for governance, Safenet, a hack resistant Operating System, a decentralized satellite &amp; mesh network all connected through a multi-dimensional chaining structure that employs sharding, low latency transaction finality, and truly decentralized multi-layer consensus.</p></div><div><br></div>e structure of mining, used by the Nexus coin helps it to maintain a merit-based approach to mining rewards. 

Check out the NXS price and the latest NXS coin news on Coin360.com.<p><br></p>

Nexus

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