What Is Nexa(NEXA)?

The Nexa is a Layer-1 blockchain, which is the most scalable one ever built. It will manage more than 10 billion transactions per day enabling EVM-like smart contracts provision and native token provision all while still maintaining decentralization. Native tokens and smart contracts present Nexa an option of scaling globally for P2P usage.

Key Features of NEXA

Global capacity of transactions:

Nexa’s one of a kind PoW algorithm will enable high performances of about 10 billion transactions per day. No additional fees are required and secure transactions can be made instantly.

Native tokens:

Tokens can be considered as a real use case which will be of much use to Nexa's network by introducing a substantial value to it. Nexa is able to provide native token functionality without the need of specific smart-contracts or token standards meant for ERC-20 type tokens.

Native NFTs:

NFTs can be made just like Bitcoin or Ethereum on Nexa. These can be used for endless exciting functions including: digital artwork, asset ownership, tickets, in-game items, certificates or all sorts of other use cases that are still to be explored/discovered.

Wise-contracts:

Nexa deals with an ultra- scalable smart-contracts system that enables practically anything can be done on EVM chains without major scaling limitations faced by Turing-complete networks. We dub them as “wise-contracts” because they are not only intelligent but also wisely manage their network’s resource usage.

PoW-Scaling:

Nexa’s Proof-of-Work algorithm uses the high scalability of PoW incentives to bring new hardware into existence. It provides a mechanism that rewards nodes to manufacture hardware, which not only helps them improve the transaction validation, it also allows the network to achieve unmatched speeds of processing compared to any other blockchain.