Thread by @Altcoin_Gold

$NEXA 🧵 Have you been hearing about @NexaMoney and want to know what it is?

Then look no further. I've researched it and compiled an overview for you. Let's get learning!👇#nexa #pow #blockchain #altcoins

In this thread we will explore the key features and benefits of Nexa, and provide a comprehensive overview of what sets this network apart from other blockchain projects. Let's go! 👇

The Power of $NEXA: A Scalable Layer 1 Blockchain

With impressive Scaling Capabilities $NEXA is a Layer 1 blockchain that stands out with its unparalleled capacity to scale and meet the demands of the world.

No VC Involvement, No Presale. $NEXA operates on a unique principle that sets it apart from the rest. Unlike most other blockchain projects, it does not involve any venture capital funds and does not have a presale.

Instead, you can earn coins through mining or purchase them directly from the open market like any other cryptocurrency.

The market for Layer 1 blockchains is plagued with issues of pumping and dumping by venture capital firms. $NEXA offers a major improvement to this by providing a fair and transparent platform for all users.

Features of $NEXA:

1. Transactions with Nexa

Nexa introduces a new era of seamless and efficient transactions, thanks to its innovative PoW algorithm. The network is capable of handling over 10 billion transactions a day, providing global accessibility with up to 100k+ TPS.

The limitations of storage, computation speed and bandwidth are a thing of the past.

Enjoy Lightning-Fast Transactions with Nexa:

Gone are the days of waiting for your transactions to be processed. With Nexa's 0-conf technology, transactions are quickly propagated across the network and can be processed in just sub-seconds. And for those who need extra security, block times are only 2 minutes.

Take Your Transactions to the Next Level with Trustless Instant Transactions:

Nexa is taking its transaction game to the next level with an opt-in instant transaction technology set to launch in 2023.

Utilizing the power of its wise-contracts, this new feature will provide users with a trustless solution for near-instant transactions without sacrificing security. Get ready to experience a new level of seamless transactions with Nexa

2. Native Token Support:

Nexa recognizes the importance of tokens as a market-validated use case for cryptocurrency. To cater to this demand, it provides native token functionality without any additional requirement for smart-contracts or token standards.

However, if users require more advanced features, Nexa also supports the full range of smart-contracts.

3. NFT Creation Simplified:

Nexa enables the creation of NFTs just as easily as it does with fungible tokens. With the possibility to use it for a plethora of purposes like digital artwork, asset ownership, tickets and more, the sky is the limit for NFTs on Nexa.

4. Efficient Smart Contracts: Nexa's smart-contract system is highly scalable and efficient, providing everything possible on an EVM chain without any limitations.

These contracts, dubbed "wise-contracts", use network resources wisely and are smart enough to handle the most complex tasks.

5. PoW-Powered Scaling: Nexa's Proof-of-Work algorithm incentivizes the creation of new hardware for the network, making transactions validation incredibly fast. The mining rewards bring in new hardware to the network, ensuring its continued growth and scalability.

Nexa's Token Economics: A Model Built for the Community

Nexa aims to be a decentralized, equitable, and secure cryptocurrency that operates under the principles of Bitcoin's tokenomics. The network is powered by its miners who receive NEXA coins as a reward for their contributions to the network security.

This reward is subject to halving roughly every 4 years, following the same trajectory as Bitcoin.

In terms of total supply, Nexa has a capped amount of 21 T which is divisible by 100, this is calculated to be sufficient for global adoption and use. Even if all 8 billion people were to use Nexa, the network would still have enough tokens to meet the demands of its users.

However, the network's release schedule is carefully calculated, with the maximum supply expected to be reached in around 140 years.

Another important aspect of Nexa is its fair launch, with no VCs or presale involved. The network is designed to be accessible to everyone, and users can choose to mine the tokens or purchase them on the open market, like any other cryptocurrency.

This gives everyone equal opportunities and eliminates the need for a select group of individuals to control the network's supply and price.

Where to buy $NEXA ?

Currently available on:

TXBIT
exbitron
safetrade

The team:

Nexa is constructed by a seasoned team with over 70 years of collective experience in the cryptocurrency industry. Their software has powered multiple billion-dollar cryptocurrencies, including Bitcoin.

As a decentralized network, Nexa invites everyone to contribute in shaping the future of the financial system. To ensure stability and sustainability, Bitcoin Unlimited has dedicated significant resources towards the development of Nexa in the long term.

Find out more about their team here:
nexa.org/the-team

Roadmap:

$nexa is still young and there's lots to look forward to such as:
-Wallet
-Nexa Miner
-Token functionality
-DEX service

Want more detailed info? Check out this master thread by @nexamoney

https://twitter.com/NexaMoney/status/1612867356560166922

Check here for useful links:
linktr.ee/nexacoin

Here are some accounts I see talk about $NEXA often
@CryptoKaduna
@bravercypto
@CRyptOracl3
@ElonTrades

Conclusion:

Nexa is a promising new player in the crypto world, offering lightning-fast transactions, a secure network, and an ecosystem built to meet the demands of the modern financial landscape.

With a tokenomics modeled after Bitcoin, a fair launch and no VC funding, Nexa is set to disrupt the traditional financial system and bring decentralization to the masses. This is definitely one to watch.

If you enjoyed this thread, consider liking and retweeting the first tweet.

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https://twitter.com/Altcoin_Gold/status/1619717598664605696?s=20&t=0omDrLJDb_6bmAagp1gzDA