Naxion NXN

1. Summary

Ranks

Liquidity

-

Developer

-

Social

11

Momentum (beta)

0

Stack Rank™

-

Price

$0.08 -0.2%

Market Cap

$0.00 (#10716)

Supply

0.00 / 29.22M

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Price
52W High price	$0.21
52W High date	26th Dec 2023 (1 year ago)
All Time High (ATH) Date	21st Nov 2023 (1 year ago)
ATH Price	$0.56
% From ATH	-83.66%
All Time Low (ATL) Date	29th Sep 2024 (4 months ago)
ATL Price	$0.02
% From ATL	356.75%

Supply & Trading Volume
Trading Volume (24h)	$29,422.00
Total Supply	29.22M

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Description

Naxion Project Description

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Naxion Project Description

Naxion is a Layer 1 Public Blockchain that provides a comprehensive framework for decentralized ecosystems. It supports smart contracts, enabling the creation of decentralized applications (DApps) while ensuring high security, fast speeds, and affordable costs. NxN, the native cryptocurrency, is created through a proof-of-work (PoW) mechanism.

Features:

• Security: Naxion implements independently developed secure node technology, ensuring robust security without sacrificing the benefits of PoW.
• Fast Speed: With the ability to process 1500 transactions per second (TPS), Naxion offers rapid transactions.
• Inexpensive Gas Fees: Naxion maintains an affordable gas fee structure.
• Environmentally Friendly: By preventing access to ASICS without a node, Naxion aims to reduce power consumption, operating in a more eco-friendly manner comparing to normal PoW blockchains.

Key Highlights:

• Public Blockchain: Naxion is a decentralized network that is not controlled by a single entity, accessible to anyone worldwide.
• Decentralized Governance: Users can submit proposals for updates and contribute to the ecosystem's governance.
• Native Currency: NxN, created through PoW, incentivizes participants to maintain the network's integrity.
• Smart Contracts: Supports the development of decentralized applications (DApps).

Technical Details:

• Consensus Mechanism: Proof of Work (PoW).
• Transactions Per Second: Maximum of 1500 TPS.
• Security Features: Secure node technology for robust security.
• Gas Fee Structure: Inexpensive and affordable.

Overall:

Naxion is a robust public blockchain platform designed to support various decentralized applications and ecosystems while addressing the shortcomings of traditional PoW blockchains, ensuring efficiency, scalability, and eco-friendliness.

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