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NEXA to Fiat Converter
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Nexa is a proof-of-work, UTXO-based Layer-1 blockchain that supports native tokens and smart contracts, designed to scale for global peer-to-peer (P2P) transactions. By optimizing hardware efficiency, Nexa addresses two major scalability bottlenecks: signature processing and UTXO lookups.
### Key Technologies Powering Nexa
- Graphene: A block propagation protocol that uses Invertible Bloom Lookup Tables (IBLT) to compress blocks by 99.6%, significantly improving efficiency and reducing network overhead.
- DS-Proof: A permissionless technology enabling instant transactions without requiring confirmations.
### Development Team
Nexa is developed by Bitcoin Unlimited, a team of experienced software and blockchain architects with a strong background in Bitcoin and Bitcoin Cash development. Their expertise contributes to Nexaâs robust and scalable infrastructure.
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Nexa Price Live Data
Nexa (NEXA) is a developing project showing potential in its niche within the blockchain space. The current market valuation places Nexa at $0.00 per token, reflecting a 1.23% slight decline in value during the past 24-hour trading period. This price movement indicates slightly negative market activity within the NEXA ecosystem. Investor engagement with Nexa remains lower, with $21,549.37 in trading volume recorded across various trading platforms over the last 24 hours. This level of liquidity highlights NEXA's declining interest and utility within the broader cryptocurrency landscape For comprehensive details regarding Nexa's development roadmap, technical specifications, and community initiatives, interested parties are encouraged to visit the project's official resource hub at https://nexa.org/.
