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NXT

Powerful Tools

for Building

Decentralized Applications

Phasing

Messages

  • Conditional Execution
  • Voting Model on Blockchain
  • Generalization of Multisig
  • Data Shared between Accounts
  • Encrypted or Plain Text
  • Attached to other transactions
  • Prunable
  • Shared Key
  • File Attachment

Account

Control

Prunable Messages

  • All Account Transactions are Phased
  • Multiple Factor Authentication
  • Enables Central Control in a Decentralized System
  • Message is not in Blockchain
  • After 14 days message is pruned
  • Only the message hash remains
  • Archival Nodes can recover the message

Blockchain

Building Blocks

Messages

Account Properties

Cloud Data

Phasing

Privacy

Cloud Data

  • Any data up to 42 KB
  • Data is Prunable

Account Properties

Questions

?

Document

Repository

  • Proof Of Existence
  • Digital Signature
  • Tamper Proof
  • No Censorship
  • Account can set a property on another account
  • Properties are public
  • Can be used to Whitelist accounts and for KYC/AML

Privacy

  • All Blockchain Transactions are public
  • Sometimes Privacy is Required
  • Introducing Shuffling

Shuffling

  • On Blockchain Coin Join
  • Based on Academic Research
  • Creates Random Mapping between Sender and Recipient Accounts
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