An Optimistic Blockchain Project

  • Project NEXBIT Chain
  • Category Blockchain
  • Website NEXBIT Chain
  • Location 423B, 71-75 Shelton Street, London, UK.

Project Description

Nexbit Chain is a decentralized blockchain project built on Bitcoin's UTXO model, with support for EVM (next implementation) & EVM based smart contracts. Secured by a proof of stake advanced consensus model.

NEXBIT we have decided to build upon Proof of Stake Version 3, an improvement over version 2 that was also made by Pavel Vasin.

Proof of Stake was invented to solve many of these problems by allowing participants to create and mine new blocks (and thus also get a block reward), Simply by holding onto coins in their wallet and allowing their wallet to do automatic staking.

  • Proof of Stake
  • UTXO Model
  • Transparency
  • High Speed API
  • Decentralized Governance Protocol