Nxt Whitepaper – Revision 4 – Nxt v1.2.2 –

Nxt is a 100% proof-of-stake cryptocurrency,constructed from scratch in opensource Java. Nxt’s unique proof-of-stake algorithm does not depend on anyimplementation of the “coin age” concept used by other proof-of-stake cryptocurrencies,and is resistant to so-called “nothing at stake” attacks. A total quantity of 1 billion available tokens were distributed in the genesis block.