1H
0.00%$0.0000
24H
0.00%$0.0000
7D
0.00%$0.0000
30D
-24.8%$0.0001
NXT coin is an open-source cryptocurrency and payment network launched in November 2013 by anonymous software developer BCNext. Nextcoin uses proof-of-stake to reach consensus for transactions – as such there is a static money supply and, unlike bitcoin, no mining. Nxt was specifically conceived as a flexible platform around which to build applications and financial services. It has an integrated Asset Exchange (comparable to shares), messaging system and marketplace. Users can also create new currencies within the system. The last major release enabled Multisignature capabilities and a plugin-system for the client. NXT coin has been covered extensively in the “Call for Evidence” report by ESMA, to which the community of NXT coin responded in July 2015.
Let’s explore the broadest measure of money in an economy, which includes physical currency, checking accounts, savings accounts, and other liquid assets – the M3 money supply.
Here’s a Bloomberg Terminal guide for new and existing users of the software. This tutorial gives you an insight into the features of this highly functional tool and how to access them easily, irrespective of the financial market you’re trading.