The Nxt block chain and its community , which was released in 2013, have been demonstrating its ambitious goals and support for the project. At present the community user name 'Megalodon' a large provider of value of 150,000 US dollars of NXT tokens to reward those who run NXT node users.
NXT is a point-to-point network, is composed of a large number of equal nodes, each node is running NXT client. The NXT network is not created based on bitmember code. Instead, it uses the Java language to rewrite its own code.
Compared with the Bitcoin network, NXT network is still very small, the current market value ranked 14th . The number of nodes is important for maintaining network security: a limited node means that the network is more vulnerable to attack.
In essence, these nodes communicate with each other to create a de-centric supercomputer, where all contributors receive rewards.
NXT is the first to use the new block chain reward system for proof of ownership ( Proof of Stake ) digital currency. Unlike bitcores, NXT does not require mining equipment to be excavated. In contrast, each user holding an NXT is likely to generate the next block. The 'forging' process is somewhat similar to lottery, and only users who hold more than 1000NXT can participate in the 'forging' process.
A few months ago, the NXT team announced the development of the new NXT 2.0 platform Ardor. Ardor will be the next generation of block chain as a service platform for enterprises to provide a complete profitability, efficiency and security solutions. Ardor is based on NXT technology and has unlimited scalability, security, smart contracts and customizable side-chain systems.
NXT's Ardor block chain platform test network plans to be launched in the fourth quarter of 2016, the official version of the system is expected to be released in the first or second quarter of 2017. However, NXT has been lacking in marketing.
Although NXT has a lot of user support, and its application continues to increase, but the network needs to support to achieve its goal. This is why Megalodon appears; members of the community offer a $ 150,000 bonus program to reward any users who run the node.
Megalodon is the NXT community's anonymous investor's username, and his motivation seems to be consistent with the long-term success of NXT.
On this award, the NXT Foundation member Bas Wisselink said:
"This award is a very good support for the NXT financial platform and we hope it will encourage more people to participate and witness the benefits of next-generation block-chain technology for businesses and transactions."
Although NXT is a very secure system, but the latest incentive program will stimulate the growth of the network to achieve its potential goals. " Said Dave Pearce , a member of the NXT Foundation .
"NXT is currently seriously underestimated, it may be the most technologically advanced block chain, and is the most mature block chain platform."
Participate in the incentive plan without registration, users only need to download the NXT client and run the node. By running the node, the participant helped create a proprietary system running NXT and contributed to the overall network.
Participants who run the node will receive additional rewards because they support the NXT network. Any participant holding NXT from July 14 to October 12 will receive Ardor tokens in a 1: 1 ratio.
By expanding the network and stimulating user interest, Megalodon will be through the increase in the long-term cognitive value of NXT to achieve a more sensible long-term investment, the current price of NXT at 0.15 yuan.