<s>
NXT	B-Protocol
is	O
an	O
open	B-License
source	I-License
cryptocurrency	O
and	O
payment	O
network	O
launched	O
in	O
2013	O
by	O
anonymous	O
software	O
developer	O
BCNext	O
.	O
</s>
<s>
It	O
uses	O
proof-of-stake	B-Protocol
to	O
reach	O
consensus	O
for	O
transactions	O
—	O
as	O
such	O
,	O
there	O
is	O
a	O
static	O
money	O
supply	O
.	O
</s>
<s>
Unlike	O
Bitcoin	B-Protocol
,	O
there	O
is	O
no	O
mining	O
.	O
</s>
<s>
NXT	B-Protocol
was	O
specifically	O
conceived	O
as	O
a	O
flexible	O
platform	O
around	O
build	O
applications	O
and	O
financial	O
services	O
,	O
and	O
serves	O
as	O
basis	O
for	O
ARDR	O
(	O
Ardor	O
)	O
,	O
a	O
blockchain-as-a-service	O
multichain	O
platform	O
developed	O
by	O
Jelurida	O
,	O
and	O
IoTeX	O
(	O
cryptocurrency	O
)	O
the	O
current	O
steward	O
of	O
NXT	B-Protocol
as	O
of	O
2021	O
.	O
</s>
<s>
NXT	B-Protocol
has	O
been	O
covered	O
extensively	O
in	O
the	O
"	O
Call	O
for	O
Evidence	O
"	O
report	O
by	O
ESMA	O
.	O
</s>
<s>
NXT	B-Protocol
was	O
created	O
with	O
a	O
total	O
of	O
one	O
billion	O
coins	O
.	O
</s>
<s>
On	O
28	O
September	O
2013	O
,	O
Bitcointalk.org	O
member	O
BCNext	O
created	O
a	O
forum	O
thread	O
announcing	O
the	O
proposed	O
launch	O
of	O
NXT	B-Protocol
as	O
a	O
second	O
generation	O
cryptocurrency	O
and	O
asked	O
for	O
small	O
bitcoin	B-Protocol
donations	O
to	O
determine	O
how	O
to	O
distribute	O
the	O
initial	O
stake	O
.	O
</s>
<s>
On	O
18	O
November	O
2013	O
,	O
fundraising	O
for	O
NXT	B-Protocol
was	O
closed	O
.	O
</s>
<s>
The	O
initial	B-Application
coin	I-Application
offering	I-Application
collected	O
21	O
bitcoins	B-Protocol
that	O
were	O
worth	O
US$	O
17,000	O
.	O
</s>
<s>
In	O
July	O
2016	O
,	O
NXT	B-Protocol
launched	O
Smart	O
Transaction	O
templates	O
,	O
which	O
were	O
meant	O
to	O
serve	O
as	O
building	O
blocks	O
for	O
businesses	O
to	O
construct	O
Blockchain	O
solutions	O
for	O
particular	O
problems	O
.	O
</s>
<s>
The	O
core	O
infrastructure	O
of	O
NXT	B-Protocol
is	O
complex	O
,	O
which	O
,	O
compared	O
to	O
the	O
leaner	O
and	O
simpler	O
Bitcoin	B-Protocol
,	O
creates	O
more	O
potential	O
for	O
flaws	O
or	O
mistakes	O
.	O
</s>
<s>
NXT	B-Protocol
's	O
Asset	O
Exchange	O
is	O
a	O
peer-to-peer	O
exchange	O
allowing	O
decentralized	O
trading	O
of	O
shares	O
and	O
crypto	O
assets	O
.	O
</s>
<s>
Since	O
the	O
blockchain	O
is	O
an	O
unalterable	O
public	O
ledger	O
of	O
transactions	O
,	O
it	O
can	O
provide	O
a	O
trading	O
record	O
for	O
items	O
other	O
than	O
NXT	B-Protocol
.	O
</s>
<s>
To	O
do	O
this	O
,	O
NXT	B-Protocol
allows	O
the	O
designation	O
or	O
"	O
coloring	O
"	O
of	O
a	O
particular	O
coin	O
,	O
which	O
builds	O
a	O
bridge	O
from	O
the	O
virtual	O
cryptocurrency	O
world	O
to	O
the	O
physical	O
world	O
.	O
</s>
<s>
NXT	B-Protocol
has	O
Arbitrary	O
Messages	O
which	O
can	O
be	O
used	O
to	O
send	O
encrypted	O
or	O
plain	O
text	O
as	O
well	O
as	O
data	O
(	O
up	O
to	O
1000	O
bytes	O
of	O
data	O
permanently	O
or	O
42	O
kilobytes	O
of	O
data	O
for	O
a	O
limited	O
amount	O
of	O
time	O
)	O
.	O
</s>
<s>
As	O
a	O
result	O
,	O
it	O
can	O
be	O
used	O
to	O
build	O
file-sharing	O
services	O
,	O
decentralized	O
applications	O
,	O
and	O
higher-level	O
NXT	B-Protocol
services	O
.	O
</s>
<s>
NXT	B-Protocol
allows	O
the	O
holders	O
of	O
the	O
currency	O
or	O
NXT-Assets	O
to	O
vote	O
in	O
a	O
cryptographically	O
proven	O
and	O
externally	O
verifiable	O
way	O
.	O
</s>
<s>
NXT	B-Protocol
Plugins	O
allow	O
external	O
developers	O
to	O
add	O
features	O
or	O
usability	O
enhancements	O
.	O
</s>
