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NxtNetwork

EnergyandCostEfficiencyAnalysis
by:MatthewCzarnek,Secondleo

WhoAmI?
TheprimaryauthorofthispaperisMatthewCzarnek.Iamaprofessionalcomputer
programmer,whohasspentyearslearningallhecouldaboutmarketingandbusiness.Ihave
spentafewmonthsnowdoingverylittleotherthanstudyingNxtinmyfreetime.Ihavethrown
myselfintofiguringoutNxtbecauseIbelievethiscurrencyhastheseriouspotentialtobeat
Bitcoinandbecomethemoneyweareallusinginthefuture.IforeseeNxtasactingasthe
groundlayerofadecentralizednetworkthatwillnotonlybeacurrencyitselfbuthavecompeting
currenciesbuiltontopofitaswellasenablinginnovationsinthefieldofdecentralized
computing.

Bigthankyou,especiallytothecoauthorSecondLeoaswellastoChanc3randbob_gggfor
helpwritingthispaper.

NotethenumbersusedinthispaperarecurrentasofapproximatelyMay24th2014.

Donationsappreciated:NXTP289G6VE4MB7A437G

Goal
DeterminehowenergyandcostefficientNxtreallyisrelativetoBitcoin.

Intro
Asmostofyouwillalreadyknow,cryptocurrenciesarebecomingincreasinglypromisinglately.
ThecryptocurrencywebelievetobethemostpromisingisNxt.Itsbiggestcompetitoratthe
momentisBitcoin.OriginallycreatedbySatoshiNakamoto,whosolvedthelongstanding
problemofdoublespendinginadecentralizedenvironment,itisnowabeaconofhopeformany
peopleformanyreasonsallovertheglobe.
AndwhilebitcoinwasthefirstandasgroundbreakingasBitcoinis,thereareproblemswith
Bitcoinandtherearecompetitorswhohavetriedtofixthoseproblems.Theseproblemsleadus
tobelievethatBitcoinismoreversion1ofagroundbreakingtechnologyandlikethefirst
generationofanytechnology,thereisroomforimprovement.

InthisarticlewewillcompareBitcointowhatcurrentlyappearstobeitsbiggestcompetitorin
thelongrun,Nxt.ThisnewlydevelopeddescendantofBitcoinofferssomeintriguingadvantages
overtheBitcoinnetwork,suchasthepotentialforreliableinstanttransactions,increased
security,andsignificantenergyandcostefficiencyimprovements.Theseefficiency
HostedbyCryptoFinanceAnalysisConsulting

improvementswillbethefocusofthispaper.

TobefairtoBitcoinandshowthatNxtisstillsuperiorwhenitcomestoenergyandcost
efficiency,andmakethesuperiorityofNxtcomparedtoBitcoininthisfieldobviousand
undiscussable,allnumberswithmarginsoferrorwerechosentogiveBitcointhebenefitofthe
doubt.

Whatisforging?
UnlikeBitcoinwhichismined,Nxtisforged.Bitcoinminingbasicallymeansthatcomputers
havetoruncontinuallywhileexertingasmuchpowerastheycaninordertotrytobethefirst
computertoguessarandomnumberapproximatelyevery10minutes.Byexertingthispower,
theyprovethattheyarerealmachinesandthatalotofmoneyhasbeenspentonthese
machinesinordertosecurethenetwork.Nxthasadifferentapproachwhichisthatevery
minutesomeonenewischosentoprotectthenetwork.ThemoreNxtyouown,themoreoften
youarechosentoprotectthenetwork.Therearemorecomplexitiesthanthistohelpprotectthe
networkbutthisisthebasicidea.Whatthismeansisthatonlyoneorpossiblyafewcomputers
atatimeareprocessingtransactionsandnotwastingenergyjustforthesakeofprovingthey
exist.

PotentialForgingMachines
Beforewegetintotheexcitingstuff,letsbeginbydiscussingacoupleofpotentiallowenergy,
lowcostmachinesthatareenoughtopowerthenetworktobeusedinthecalculationsthat
follow.

RaspberryPi
Thismachineisaveryefficienttinymachine,thatfornowisapopularwaytopowerthenetwork.

Processor
700MHz(1)

Powerconsumption
6W
Memory
512MB
Cost:
$35

HowmanytransactionspersecondcantheRaspberryPihandle?
ThebiggestfactorthatisaffectedbythenumberoftransactionspersecondNxtneedsisthe
encryptionthatisneededtoconfirmthatthetransactionwassentbytheuserwhosentit.Nxt
usesCurve25519foritsencryptionthisisbecauseCurve25519happenstobeafasthash
functionandthereforeveryefficient.Curve25519needsapproximately958,000cyclestoverifya
HostedbyCryptoFinanceAnalysisConsulting

transaction(2).

A700MHzprocessorcanhandle700,000,000cyclespersecond,700,000,000/958,000=731
verificationspersecond.Butevenifwestartusingmultisignaturespertransactionstoincrease
securityandaverage2signatureverificationspertransactions,asBitcoindoes,wecanhandle
365transactionspersecond.

Cubietruck
Themachinethatshouldbeabletosustainuseinthenearfuture,probablyforacoupleofyears,
whilebeingverycostandenergyefficientisthecubietruck.

Processor
1.2to1.6GHzdualcoreprocessor(3)
Powerconsumption:
Idlesat2.4to3W(4)
Fullpoweris18W
Memory:
2GBRam
Cost:
$95(5)

HowmanytransactionspersecondcantheCubietruckhandle?
Cubietrucksdualcore1.2GHzprocessorcanessentiallyrunat2.4GHzsincesplittingthe
verificationsbetweencoresiseasytodo.Sosince2.4GHzmeans2400000000cycles/second,
thismeansthatwellbeabletohandlepeaksof2,400,000,000/958,000=2,505verificationsper
second.CurrentlyeverytransactionissignedonceandNxtshouldbeabletohandleover2500
verificationspersecond.Factoringin2signatureverificationspertransactions,wecanhandle
1,250transactionspersecond.

Visaaverages2,000transactionspersecond,withpeaksof10,000transactionspersecond.
Sothismuchprocessingshouldlastusforalongtime..

ODROID
Processor:
1.7GHzQuadCore
PowerConsumption:
Idlesat2.5W(6)
Fullpower10W
Memory:
2GBRam
Cost:
$59(7)
HostedbyCryptoFinanceAnalysisConsulting

TheODROIDisaniceboardthatislowwattagewhilequitepowerful.Usinga1.7GHzQuad
Coreprocessor,thismeansitiscapableofrunning6,800,000,000cyclespersecond/958,000
cyclespertransaction=7,000transactionspersecond.Factorin2signaturespertransaction
andtheODROIDiscapableofprocessing3,500transactionspersecond.Iwouldrecommend
thisdevicetopeoplelookingforaforgingdevicefornowasitisenergyefficient,powerful,and
cheaperthantheCubietruck.

EchoII
Processor
3GHzdualcoreto3.5GHzquadcore
Powerconsumption:
ForIntelCorei34130DualCore3.4GHz
Idlesat18W(Source:Customerservice)
Fullpoweris78W
Memory:
8GBRam
Cost:
$825.53(8)

Granteditllbeawhilebutassumingweeventuallygettothepointwherewearebiggerthan
Visa,probablyhavingatrilliondollarmarketcapbythatpoint,wellneedmorepowerful
computers,buttheEchoIIwhichisdesignedtobeenergyefficientyetpowerfulcanhandlethis.
Aftertalkingtothecompany,theytellmetheirDualCore3.4GHzmachinesrunoffof18Watts
ofpowerwhileidling.Anda3.4GHzdualcoremachinemeans6,800,000,000cyclespersecond
/958,000cyclespertransaction=7,100transactionspersecondandwhenthatgetstoosmall,
theyalsohavea3.5GhzQuadcoreversionwhichwouldenable14,600transactionsper
second,oragainifwefactorin2signaturespertransactions.Wellbeabletohandle7,300
transactionspersecond.However,thatwillprobablyneverbeneededbecausebythatpoint
wellhavedesignedourownmachinesthatdoexactlywhatweneedasenergyefficientlyas
possibleandbesellinghardwarethatquicklyandefficientlydoesexactlywhatweneedsimilarto
therouteBitcoinhasgonebydevelopingASICs.Sothisseemsexcessivebutitmaymake
sensetopromoteEchoIIsinsteadofCubietrucksbecausetherearemanydirectionstheNxt
networkcanexpand,oneofwhichisintothefieldofdistributedcomputingandstorage.These
wouldprovideuswithplentyofcomputingpowerforsuchapplications.

Howmuchstoragespacedoweneedfortheblockchain?

UsingBitcoinsblockchainasthebasisforcomparison,Bitcoinsblockchainiscurrentlyjust
under14GBinsize(9).Soa1TBdrivewouldbeabletofitabout70timesthesizeofthe
currentbitcoinblockchain,andespeciallyonceblockchaintrimmingisenactedwhichshould
HostedbyCryptoFinanceAnalysisConsulting

allowstoringtheentirechainevenatpeaksof10,000transactionpersecondintolessthan5GB.
Thisisveryeasilydoable.

WhatkindofbandwidthwillNxtneed?

ThesizeofabasicNxttransactioncanbeupto464bytes(10).

bytes
1kilobyte
1megabytes
megabytes
megabits
megabits
2000transaction
second * 464transaction * 1024bytes *1024kilobytes = 0.97 second * 8megabytes = 6.9 second

6.9megabitspersecondisstandardenoughuploadthesedays.Ifweneedtohandlemoreits
possibletogetover100Mbpswithoutanythingspecialinmostpartsofthecountry(11).
Infact,theglobalaverageuploadisover7Mbpsonitssteadyriseanddownloadisdoublethat
(12).

Also,Nxtwillalsohavetoread/writealotofdatafromharddrives.However,eventheslowest
harddrivecanwriteat30MB/s,sothisshouldnotbeanissue(13).

ThesenumbersmaybealittlebitoffasthereareplanstocompresstheformatusedforNxt
transactionsbeforesending,alsoonceinstanttransactionsareincluded,thatwillincreasethe
requiresforbandwidthforthoseprocessinginstanttransactions.Whichcanbecounteredby
chargingextraandpassingthosefeesontotheforgerswhohavehigherspeedinternet.But
weredoingaonetooneBitcointoNxtcomparison,soIwillsavethattopicforanotherpaper.

Also,pleasenotethatthesenumbersarenotwhatNxtcandoatthispresentmoment,for
exampleNxthasa255transactionsperminutefixedcapatthemoment.Thisisjustwhatitwill
beabletodointhenearfutureandbythetimewereachBitcoinssize.Moreresearchis
neededinthemeantime.

NxtNetworkEnergyandCostAnalysis

WearegoingtoanalyzeNxtassumingitgrowstobethesamesizeasBitcoinandhassimilar
statistics.

WewilldothisanalysisusingtheCubietruck,giventhatitshouldbeeasilyabletosupportthe
networkatthatsizeandnotthatweexpecttoberunningthatfastatBitcoinssizebutitcan
handleupto1,250transactionspersecond.Itsnotthemostefficientsolutionbutitsasolidone
andwouldbeareasonableaverage.AtNxtscurrentsizeofjustoveronetransactionperminute
(14),wedontneedtoworryabouttheEchoIIforalittlewhile.Keepinmindthoughthatonce
morefeaturesareimplementedforNxt,suchasdistributedcomputing,itmaybethatwecan
payforgersinNxtfortheirprocessingpower,duringthetimesthattheyarenotbeingpaidto
forge.MeaningsomeNxtersmayprefermorepowerfulmachines.
HostedbyCryptoFinanceAnalysisConsulting

HowmanyforgerswillbeforgingforNxt?

EstimatinghowmanyforgerswillbeforgingforNxtisatrickyproblemandonlytimewillgiveus
anexactnumber.However,toestimatehowmanyforgersNxtwillhavewhenitgetstoBitcoins
size,IwouldsuspectthatbetterthanlookingatthenumberofminersforgingforBitcoin,we
shouldlookatthenumberofforgingpoolsBitcoinhasgoingforitasanupperlimit.Thisis
becausethecurrentplanistoallowpeopletoleasetheirforgingpowertootherpeopleandallow
themtoforgeasapool.Thismeansthatevenifmultiplepeopleareforgingasapool,theyare
countingasifforgingonanindividualmachine.

Bitcoincurrentlyhaspeaksofapproximately8000nodesonlineatanygivenpointintime(15).
Anodecountsaseitheranindividualminerminingonitsownorapoolofminers.

ThereareacoupleoffactorsthatmakeNxtdifferentfromBitcoinwhenitcomestoforging.First
ofall,thereisalowerfinancialincentivetoforge.AsofMay22nd,Bitcoinmineraremaking
approximately$2,172,000perday(16).Onaperminutebasis,thismeansapproximately
$2,172,000/1440minutesperday=$1,508perminute.Secondly,whenyoubuyminers,you
arebuyingphysicalhardwarethatyouhavetopluginandminewithandleaveon24hoursaday
versuslettingsomeoneelsedealwithitforyou.Inordertoinvestinforgingyouareactually
buyingthecoins.Wesuspectyoumaybemorelikelytojoinaforgingpoolratherthanamining
poolforthisreason.

AssumeNxthassimilartransactionratesasbitcoinatthatsize(17).Inotherwords,
approximately60,000transactionsperday.Given1minuteblocksthisworksoutto60,000
transactionsperday/1440blocksperday=approximately42transactionsperblock.Because
Nxtisdoingsomanymoretransactionsthatitcurrentlyis,thiswillallowNxttolowerthe
transactionfeeperblock.AsofMay24th,Nxtstransactionfeeis1Nxt,whichisapproximately
$0.036each.Oncewereachthatsize,oddsarewellbeabletolowerourtransactionsfees
morethanthis,letssaywesetthetransactionfeeat$0.03pertransaction.At$0.03each,this
leadsto42*$0.03pertransaction=$1.26perblock.

ThismeansthattheBitcoinnetworkispayingtheirminersapproximately$1,508/$0.42=1200
timesmoremoney.Ifweweregoingwithpurelyfinancialmotives,thiswouldleadtothe8000
nodesBitcoinuses/1200=approximately7forgingnodes.

Butofcoursetherewillbemoreforgersonthenetworkthanthisbecausetherearealsoother
reasonstoforgeforNxtsuchasthosewhohavelargenumbersofNxtwhowanttoprotecttheir
owninvestment.Nxtisalsotalkingaboutrestrictingthesizeofforgingpools,sothatnoforging
poolscanbelargerthanapproximately1%ofallNxt(unlessyouactuallyownmorethan1%of
allNxt).Ifthishappens,thenthelowendcasebecomescloserto100Nxtforgers.Theother
restrictionthatgoesalongwiththisisthatyouneedtoownenoughNxttobeabletoprotectthe
networkareasonableamountofthetimeoritseemsworthlesstoevenforge.
HostedbyCryptoFinanceAnalysisConsulting


Letssaythattheaveragepersonwouldwanttobeabletoforgeatleastonceeveryotherweek
inordertofeelliketheyareactuallyhelpingprotectthenetwork.Seemslikeareasonable
amountoftime,ifanythingprobablyanoverestimate,especiallywhenyouconsiderthatmany
peoplewhohavesignificantlylargernumbersofNxtthanthatwillbeleasingtheirforgingpower.

HowmanyNxtdoyouhavetoownsothatonaverageyouforgeonceeveryotherweek?
Thereare1440blocksperday*7daysperweek*2weeks=20,160blocksper2weeks.

Therefore,ifyouown1,000,000,000/20,160Nxt=49,603Nxtthenyouarelikelytoaverage
forgingoncepertwoweekperiod.

Nowweneedtofigureouthowmanypeoplewillbeholdingontoatleast49,603Nxt.Asofthis
moment,Bitcoinhasamarketcapof$6,795,986,239.WhenNxtreachesthissize,eachNxtwill
beworthapproximately$6.80each.Therefore49,603Nxt*$6.80each=$337,302.

Nxthascontinuedtobecomemoreandmoreevenlydistributedacrossaccounts.So,we
assumethatNxtwillhaveasimilardistributiontoBitcoinandgolookthroughtherichestBitcoin
addresses,andasofthismomentfindhere:
http://bitinfocharts.com/top100richestbitcoinaddresses23.htmlthatthe2234thaddresshas
$336,999worthofBitcoin.Weroundupalittlebittobesafe,andforourcalculationswelluse
2,500forgers.

NotethatthereasonthatBitcoinhasmorenodesthanthisonthenetworkisthatthehashing
powerismoreevenlydistributedacrossnodes.

So,assumethatwehave2,500Cubietruckspoweringthenetwork,andrememberthat
Cubietruckscost$100each,use3Wwhileidlingandupto18Wwhileforging.

Sincetherehasbeentalkaboutmultipleforgersoperatingatthesametimetokeepeachother
honestandthereforeincreasesecurity,letsassumewerun3forgersatfullpoweratatime.
Thismeansthatwewouldbeusing3W*2497+3*18W=7,491W+54W=7,545Wof
poweratatimetosecurethetransactions.Wewillassumeareasonableaveragerateof12
centsperkilowatthouranda5yearlifetimeforcubietrucksforthefollowingcalculation.

WhataboutDDOSprotection?

OnethingaboutNxtisthatgiventhatTransparentForgingallowsyoutoseewhoiscurrently
forging,NxtismorepronetoDDOSattackthanBitcoin.Itshouldbepossibletobuildsomelevel
ofDDOSprotectionintothenetwork.Thispaperassumesthatshouldbeenough.Itispossible
thatsomeofthenodeswillneedtorunsometypeofDDOSprotection,forexample,cloudflare
orwillrequiremorepowerfulmachines.Thiswouldinfluencethesecalculations,potentially
doublingtheenergyusageofNxt.
HostedbyCryptoFinanceAnalysisConsulting


Costofelectricitytopowerthenetworkperyear
h 365.25 day 0.001 kW = 66, 139kWh 66MWh
7, 545W * 24day
*
year *
W
year
year
$
66, 139kWh
year * 0.12kWh = $7,937peryear

Costofhardwareperyear
$100
5year =$20peryear
2500cubietrucks * $20 = $50, 000

Totalcostforforgersperyear
$7,937peryear+$50,000peryear=$57,937peryear.

Nxtwilluseapproximately66MWhofelectricityandcosttheforgers$60,000peryear
whenitreachesBitcoinssize

Howmuchenergyandmoney
doesittaketopowertheBitcoinnetwork?

FirstofallletsestimatehowmanymachinesBitcoincurrentlyoperates,todeterminehowmany
machineswebelieveareminingforBitcoin.Thenumberofmachinesonthenetworkisequalto
thetotalhashingpowerofthenetwork/thehashrateofanaveragemachineminingforthe
network.

AsofMay24th,Bitcoinscurrenthashrateisapproximately99,300,000GH/s(18).Itstrickyto
determinewhatwouldbeanaverageBitcoinminerisintermsofhashingpower,butletsbe
generoustoBitcoinandassumeeveryonehashingisusingoneofthemostenergyandcost
efficientmachinesonthemarket.

Sowegotohttp://thegenesisblock.com/mining/,sortbyefficiencyandpicktheCointerra
TerraMinerII.Thenumberswecareaboutatthemomentarethatitrunsat1000GH/s,itcosts
$3500,meaning$3.5/GH,andrunsoffof600W,inotherwords0.6W/GH.

AssumingBitcoinminersareusingthemostefficientmachinesoutthere,99,300,000/1000=
99,300Bitcoinminerspoweringthenetwork.Notethatevenifthisnumberisoffbecausewe
havemachineswithhigherhashratesorpricethataremorepowerful,theseenergyandcost
efficiencycalculationsstillworkoutbecause0.6W/GHand$3.5/GHarestillverygoodnumbers
forBitcoinminers.

HostedbyCryptoFinanceAnalysisConsulting

Thereforetheamountofenergyusedpermachinewouldbe0.6W/GH*1000GH=600W
Assumethesamereasonableaveragerateof12centsperkilowatthouranda5yearlifetimefor
theminingmachinesforthefollowingcalculation.

Costofelectricitytopowerthenetworkperyear
600W * 99, 300machines = 59, 580, 000W
h 365.25 day 0.001 kW = 522, 278, 280 kWh 520, 000 MWh
59, 580, 000W * 24day
*
year *
W
year
yr
$
522, 278, 280kWh
year * 0.12kWh = $62,673,000peryear

Costofhardwareperyear
$3,500
5year =$700peryear
99, 300machines * $700 = $69, 510, 000
Totalcostofhardwareperyear
$62,673,000peryear+$69,510,000peryear=$132,183,000peryear.

Bitcoinusesapproximately520,000MWhofelectricityandcoststheminers$130,000,000
peryear

OnemorethingtotouchonsomepeoplewhoownBitcoinminingmachinesclaimthattheyuse
theirminersasspaceheatersandthereforetheyaremoreenergyefficient.Whiletruethatthis
maysomewhataccountfortheenergyduringthewinterandincolderclimates,itcouldbe
arguedthatthisalsoleadstomoreenergybeingspentonairconditioningduringthesummersor
inwarmerclimates.Somaybethatslightlyincreasestheenergyefficiencybutwefeellikethis
moreorlesscancelsitselfout.Andourenergycalculationsdontaccountforthelargecooling
systemsmanyminingfarmersrequire.

HostedbyCryptoFinanceAnalysisConsulting

HowdoesNxtcomparetoBitcoin
whenitcomestoenergyandcostefficiency?

Nxtwillrequire66MWhwhileBitcoinrequires520,000MWhperyear.

520,000MWh/66MWh=7,878

Therefore,Bitcoinusesapproximately8000timesmoreenergytopowerthenetwork

Aspreviouslycalculated,Nxtscostswillbe$60,000whereasBitcoinscostsare$130,000,000
peryear.

$130,000,000/$60,000=2,167

ThismeansBitcoincostsapproximately2200timesmorethanNxttopowerthenetwork

Howmuchenergyisthis?
Kilowattsandmegawattsmaynotmeanalottoyouontheirown,soletstrytoquantifythis
muchenergy.

Again,bythesecalculations,Bitcoincurrentlyuses520,000MWhofenergycurrentlyperyear.
WeestimateNxtwilllikelyuse66MWhperyearwhenitreachesBitcoinssize.

Googleused3,324,818MWhlastyearorinotherwords,onlyabout6timesasmuchasBitcoin
but50,000timesasmuchasourNxtpredictions(19).

Facebookused704,000MWhlastyear,only1.4timesasmuchasBitcoinbut10,700timesas
muchasourNxtpredictions(20).

ButwontBitcoingetmoreefficientovertime?

TheBitcoincommunityhasseenBitcoingofrombeingminedonCPUs,tobeingminedon
GPUstobeingminedonASICsandthecommonargumentisthatBitcoinminerswillcontinueto
increaseinenergyefficiencywithtime.Unfortunately,ASICsareasefficientasyoucanget
givencurrenttechnology.NxtcouldalsogotherouteofdesigningASICsforforgingfortheNxt
network.Forexample,hardwarethatquicklyandveryefficientlydoesover30,000curve25519
operationspersecondisintheearlystages(21),curve25519beingthesigningalgorithmused
byNxt.Fromthereonout,yes,miningmachineswillcontinuetoincreaseinefficiencybutonly
atthesamerateascomputersorthesuretoeventuallybereleasedASICsthatwillforgeNxt.

HostedbyCryptoFinanceAnalysisConsulting

InfactrelativetoNxt,BitcoinwilllikelycontinuetodecreaseinefficiencybecauseleasingNxt
doesntinvolveaddingmoremachinestothenetwork.Bitcoinhoweverwilllikelycontinuetoadd
moreminerstothenetwork,assumingthepriceofBitcoinandthereforeminingrewards
continuetoincreasewithtime.

Additionally,aslongastheamountofelectricityperhashremainsthebiggestcostofrunninga
machine,thenBitcoinminersbecomingmoreefficientmostlikelyjustmeansmoreminerswill
jointhenetwork,thehashratewillincrease,consumingapproximatelythesameamountof
electricity.

Summary
Nxtisveryenergyefficient,whichshouldappealtotheenvironmentallyfriendlycrowd,aswellas
justabouteveryonewhofigures,whysupportthewasteof6,700timesmoreenergyusinga
coin,especiallywhenyouhavetopayforit!Andsincespecializedsuperpowerfulmachines
dontearnyouanythingextra,Nxtmachinescanbeusedforotherpurposesduringanyblocks
theyarenotforgingonorafterbeingretiredfromNxtforging.

Beingcheapertokeepthenetworkupandrunning,Nxtiscapableofrunningoffofsignificantly
lowersustainabletransactionfeeswithouttheneedtointroducesignificantinflationintothe
systemlikeBitcoindoes.Infact,userscanearnsmallamountsofinterestontheiraccountsas
generatedbyforgingwithoutactuallyneedingtoforge.OneoftheadvantagesofNxtisthatyou
cansimplypointyourforgingpoweratanotherforger,whowilldotheactualforging,andstillearn
interest.Fromanenergyconsumptionandcostefficiencyperspectivethisisevenanadvantage
overotherProofofStakecryptocurrencies.

Bitcoinwasoncedefendedonthebasisthatourcurrentmonetarysystemusesverylarge
amountsofenergyandmaterialtorun.WiththatsaiditshouldbecomeclearthatNxtholdsthe
samehugeadvantageoverBitcointhatBitcoinholdsoverthecurrentsystem.Andthese
numberswillonlygetworsewithtimesasBitcoincontinuestoaddmorepowerfulminersasits
valuecontinuestoincrease,makingitcontinuallymoreprofitabletomine.

SeewhyNxthassomuchpotential?
GobuysomeNxtfromDGEX.comorCryptsy.com
Orlearnmoreat:NxtCommunity.orgorNxtForum.org

Wevespentawholelotoftimewritingthis,donationswouldbemuchappreciated.
PleasesendNxthere,alldonationstobesplitbetweenauthors:
NXTP289G6VE4MB7A437G

HostedbyCryptoFinanceAnalysisConsulting

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HostedbyCryptoFinanceAnalysisConsulting

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HostedbyCryptoFinanceAnalysisConsulting

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