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
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