Ethereum VS NXT comparison table: unlock the secrets of Crypto 2.0
In the world of cryptocurrency, only a few names have aroused as much interest as Ethereum and NXT. Both project blockchains with a strong focus on scalability, intelligent contracts and decentralized applications (DAPPS). However, they differ significantly in their approach, architecture and applications. In this article we will deal with a comparison diagram in which the most important differences between these two crypto 2.0 currencies are highlighted.
Ethereum: The market leader
Ethereum (ETH) is an open, decentralized platform that enables the creation of intelligent contracts and decentralized applications (DAPPS). Ethereum was founded by Vitalik Buterin in 2014 and has become one of the largest and most successful cryptocurrencies in history. His native cryptocurrency is ether (Eth), with which transaction fees, gas and even other cryptocurrencies can be bought.
NXT: The next generation blockchain
NXT (formerly NXT) is an open, decentralized platform that aims to create a more efficient and scalable blockchain as an Ethereum. NXT was founded by Vitalik Buterin in 2013 and has developers who want to build Dapps without relying on the complexity of Ethereum.
Comparison table: Ethereum VS NXT
|
Feature |
Ethereum (ETH) |
NXT (NXT) |
| — | — | — |
|
Platform | Decentralized financing, games, non-macellarable tokens (NFTS), social media | Gaming, IoT, decentralized finances and more |
|
Smart contract language | Solidity (Ethereum) | Solidity (NXT) |
|
Scalability
| High scalability through Sharding | High scalability through Sharding |
|
Safety | Advanced security measures such as Zero Knowledge Proofs | Advanced security measures such as Zero Knowledge Proofs |
|
Gas fees | Low gas fees for most transactions Moderate gas fees compared to Ethereum |
|
Transaction time | 15-30 seconds | 1-5 seconds (depending on the network overload) |
|
Transaction volume
| High -transaction volume, but with lower fees | Higher transaction volume, higher fees |
Main advantages of each coin
* Ethereum:
* Scalability: Ethereum’s Sharding technology enables high scalability, which is suitable for large applications.
* Safety: The advanced security measures of Ethereum such as zero knowledge evidence offer robust protection against attacks.
* Community: Ethereum has a massive and active community, whereby numerous developers contribute to their growth.
* nxt:
* Scalability: The Sharding technology from NXT offers high scalability and is therefore suitable for large-scale applications.
* Security: The advanced security measures of NXT offer robust protection against attacks.
* Community: NXT has a growing community of developers who are enthusiastic about their potential.
Diploma
Ethereum and NXT are two different cryptocurrencies with different approaches to blockchain development. While Ethereum exists in scalability, security and support of the community, NXT shines with high scalability and advanced security measures. Regardless of whether you are an experienced developer or just start, you can understand the differences between these two coins to make sound decisions about which should be used for your next project.
Where do you find comparative diagrams
In order to get a better understanding of the functions of Ethereum and NXT, you will find some resources here in which you can find comparative diagrams:
- [Cointencko] (
- [CryptoCompare] (
- [Ethercan] ( (for the blockchain information from Ethereum)
If you follow this guide, you can make a well -founded decision about which cryptocurrency is best suited for your next project.