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Nexa (NEXA)

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$0.000001437

5.57% (24H)

Low $0.000001408

High $0.000001466

Market Cap $7.37 M
Volume $105,563
Available Supply N/A NEXA
ATH $0.00004372
ATH(% Change) -96.71%
ATH Date 2023-04-02

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Date	Price	Volume	MarketCap

#	Exchange	Pair	Price	Volume (24h)	Updated	Trust Score

Data by Coingecko API

Stay up-to-date with the latest Nexa (NEXA) crypto coin price, market cap, and chart data to make informed decisions about your cryptocurrency investments.

Current Nexa (NEXA) Crypto Coin Value: $0.000001437

The present value of Nexa (NEXA) crypto coin stands at $0.000001437. This live price update will help you keep track of your Nexa (NEXA) investments and make timely decisions based on market movements.

Nexa (NEXA) Crypto Market Capitalization: $7.37 M

With a market capitalization of $7.37 M, Nexa (NEXA) is an essential player in the cryptocurrency market. This section will provide insights into the overall market position of Nexa (NEXA) and its significance in the crypto ecosystem.

Nexa (NEXA) Price Fluctuation: 5.57% up in the Last 24 Hours

Over the past 24 hours, Nexa (NEXA) has undergone a 5.57% up price fluctuation. In this section, we'll analyze the factors contributing to these changes and discuss potential future trends for Nexa (NEXA).

Nexa (NEXA) Crypto Coin Performance Charts

Visualize the performance of Nexa (NEXA) coin with interactive and easy-to-read charts. Track price movements, trading volume, and other essential data to stay informed about the latest trends in the Nexa (NEXA) market.

Nexa (NEXA) Crypto Coin 24-hour Chart: Get a snapshot of Nexa's performance over the last 24 hours.
Nexa (NEXA) Crypto Coin 7-day Chart: Analyze Nexa's trends over the past week to understand its market behavior.
Nexa (NEXA) Crypto Coin 30-day Chart: Gain a broader perspective on Nexa's performance with a monthly chart.
Nexa (NEXA) Crypto Coin Year-to-Date Chart: Review Nexa's progress since the beginning of the year for a comprehensive analysis.

What is Nexa (NEXA) Crypto Coin

Staying informed about the latest Nexa (NEXA) crypto coin price, market cap, and charts is crucial for making well-informed decisions in the ever-changing world of cryptocurrencies. Keep an eye on these essential metrics to stay ahead of the game and maximize your returns on Nexa investments.

Nexa is a UTXO-based blockchain like Bitcoin. UTXO-based blockchains are naturally more scalable on layer-1, much easier for validating the security of transactions, and they are capable of much more advanced functionality than has so far been take advantage of. But we’re taking things even further.Nexa currently operates on GPU mining, but the real magic happens when we leverage Nexa’s Proof-of-Work algorithm. The mining industry is incentivized to produce specialized hardware, such as FPGA’s and ASICs, that do more than just fast cryptographic hashing. Nexa’s PoW algorithm currently requires the use of cryptographic schnorr signatures. The same type of signature is found in Nexa transactions. This means that as the mining network gets ever more efficient, which it will as a highly competitive market, so will the network’s ability to produce and validate signatures. This is important, as a key scaling bottleneck is an ability for nodes to validate signatures. As the network grows, this bottleneck will simply fall away as an abundance of cheap hardware will be produced that can handle this.In the mid-term, another scaling bottleneck will also be solved this way, UTXO lookups. An upgrade will be made to Nexa’s mining algorithm that will require miners to do fast access of the UTXO set. This will incentivize the creation of hardware to store and rapidly access the whole UTXO set.With these two major bottlenecks out of the way, we expect Nexa nodes to easily handle 100,000 transactions per second, directly on layer-1, without any yet-to-be-developed advanced software. This is enough transactions for 8 billion people.

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