The cryptocurrency exchange that burst on to the scene in the middle of 2017 is up to it again, as Binance alternative coin trading platform is now including Nexus (NXS).
Here is the official announcement made by Binance's twitter account:
— Binance (@binance) June 6, 2018
The three new trading pairs (NXS/BTC, NXS/ETH and NXS/BNB) will be made live on June 6th, 2018 at 10AM UTC.
Nexus is supposed to be the world's first 3D Chain that helps connect people and technology to create a better world. According to their official Tritium whitepaper, Nexus is a connection, or series of connections, of computers, businesses, and people with a focus on establishing new applications of finance, technology, service, and sovereignty.
The Nexus blockchain will use a 3D process called the 3 dimensional chain and is supposed to be quantum-resistant and utilizes advanced cryptography which will be of great use in the future by making them quantum technology-threat resistant.
The Nexus 3DC Protocol will combine 3 critical elements into the fold:
- 571-bit private keys
- 1024-bit Skein and Keccak quantum-resistant hashing algorithms
- signature chains
Due to all of these integrations, the NXS cryptocurrency is supposed to to be the world's most secure digital currency. They also feature a satellite mesh network, distributed topology. To date, you could grab the NXS token on Bittrex, CoinSpot, Cryptopia and Upbit.
What do you guys think of the Nexus peer to peer network using a three dimensional blockchain platform? And how will the Binance cryptocurrency exchange listing effect its price.
As it stands right now, NXS is trading at $3.12 and has been up 22% to date.