Nexus is a platform that seeks to free people from the bonds of centralization and build a truly decentralized cryptocurrency ecosystem (namely Nexus Earth). Through its peer-to-peer blockchain network, Nexus provides three different algorithms and security channels: Prime Mining, Hash Mining, and Nexus Proof of Stake (nPOS). These three channels form the basic layers of the Nexus network, with each layer being able to participate in consensus and voting. Network nodes can build “Trust” and reputation (which is linked to their “Trust Keys”), thus increasing the reliability of the network over time. Nexus also aims to build partnerships with various industries in order to expand their infrastructure.
Nexus (NXS) is the digital asset of the Nexus network that can be sent peer-to-peer and used to pay miners.