Nexa is the most scalable Layer-1 blockchain ever built. It will handle over 10 billion transactions per day while offering EVM-like smart-contracts & native token services, all while staying decentralized.
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Thanks to Nexa’s unique PoW algorithm, Nexa will scale to over 10 billion transactions per day. That’s enough capacity for the whole planet. No high fees and no waiting around for your transaction to be secured. This is thanks to new technology to remove the bottlenecks of bandwidth, storage and computation speed of nodes.
Tokens are a market-validated use case for cryptocurrency which will bring significant amounts of value and network effects to Nexa. This is why Nexa offers token functionality natively without any need for special smart-contracts or token standards like ERC-20. But if you need the full power of smart-contracts for your token, you have that too.
NFTs can be created much like fungible tokens on Nexa. These can be used for endless exciting functions including: digital artwork, asset ownership, tickets, in-game items, certificates or all sorts of yet to be discovered use cases. All the same incredible functionality open to tokens is also available to NFTs, meaning the sky’s the limit.
Nexa uses an ultra-scalable smart-contract system which enables practically everything possible on an EVM chain without the major scaling bottlenecks suffered by turing-complete networks. We call these ‘wise-contracts’ because not only are they smart, but also wise in how network resources are used.
Nexa’s Proof-of-Work algorithm uses the enormous scaling power of mining incentives to bring new hardware into existence. It incentivises the creation of hardware that nodes will make use of to accelerate transaction validation to a speed not seen on any other blockchain.
Transactions are instantly sent across the network, thanks to the miner rules of the network this is enough security for certain transactions. Soon a new technology will be brought to Nexa that enables instant, trustless transactions of any amount. Anyone will be able to choose to have their payments credited instantly.