Nexus price

- Last price:

1 NXS =

6.8900%

0.00002504 BTC

Best price(UPbit):

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Market cap

Volume 24h

Minimal price for 24h

Maximum price for 24h

Statistic

Nexus course
Nexus course in BTC	0.00002504 BTC
Market capitalization
Trade volume 24h
Minimal price for 24h
Maximum price for 24h
Market cap rank	#260
Absolute maximum
Absolute maximum date
From absolute maximum	-16.76%
1d Volatility	6.89%
7d Volatility	27.73%

Changes for 24h	6.8900%
Changes for 7d	-2.7914%
Changes for 14d	-7.2024%
Changes for 30d	-0.3380%
Changes for 60d	47.9698%
Changes for 1y	-23.6279%

Nexus (NXS) - USD Historical Price Chart

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About Nexus (NXS)

In conventional blockchain designs, it is impossible to achieve scale if every computer has to process all transactions. To solve this problem, Nexus has designed a blockchain architecture using parallel processing which can achieve scale while providing other desirable qualities such as immutability and security. This architecture has been named “Multi Dimensional Chaining”, due to it having three core dimensions that define its structure, along with three forms of consensus. Trust, Nexus’ time-based security mechanism, is used to improve the security of the network by requiring time to be continuously contributed in order to validate transactions. This design ensures that the protocol stays distributed while share based weighting lowers miner centralization. This architecture is being implemented through three major upgrades: Tritium (3.0), Amine (4.0), and Obsidian (5.0). Nexus incorporates technology designed to negate the threat posed by theoretical quantum computers. The ledger combines 571-bit private keys, 1024-bit Skein and Keccak quantum-resistant hashing algorithms, and an evolving signature scheme called signature chains. With Tritium, signature chains will maintain the integrity and security of your account by updating your key-pair after every transaction, and obscuring public keys until a transaction is made. This offers several advantages over equivalent quantum-resistant schemes, being extremely compact and lightweight, making it ideal for blockchain applications.

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Nexus Cost

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