NEXA is a Layer-1 Financial Blockchain with native tokens and smart contracts, capable of scaling for global P2P usage. Nexa is a UTXO-based blockchain like Bitcoin that offers enhanced scalability, security, and functionality compared to account-based blockchains. It currently relies on CPU and GPU mining, but its Proof-of-Work algorithm incentivizes the production of specialized hardware for faster cryptographic hashing and signature validation. This addresses key scaling bottlenecks and enables Nexa nodes to handle 100,000 transactions per second on layer-1. Nexa employs Bitcoin's economic model, allowing for a smooth transition to miner revenue from transaction fees. It also supports native token systems on-chain, enabling various economic models, such as stablecoins, commodity-backed assets, and NFTs. Nexa's unique PoW algorithm makes suitable for global use without high fees or transaction delays. Nexa's platform supports native tokens, NFTs, and "wise-contracts," which offer the functionality of EVM chains without the scaling issues. With its PoW algorithm and mining incentives, Nexa brings new hardware to market, enabling faster transaction validation and instant, trustless transactions for users.

Lead developer: Andrew Stone Twitter: https://twitter.com/GAndrewStone

Token application: Payment Token distribution: Nexa has a similar monetary policy and block reward structure as Bitcoin, which has mining rewards halving every ~4 years. The currently block reward is 10 million Nexa per block. Each block occurs every ~2 minutes, for a total of ~720 blocks per day (7.2B Nexa Emitted Daily). Max Supply of Nexa is 21T which will be reached in ~140 years