Nexa (NEXA) Price
NEXA RANK #1465The price of Nexa (NEXA) is calculated in real-time by aggregating the latest data across 7 exchanges and 7 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko. Nexa is a proof-of-work, UTXO Layer-1 Blockchain with native tokens and smart contracts, designed to scale for global P2P usage. It addresses scalability by utilizing hardware to remove bottlenecks related to signatures and UTXO lookups. Nexa employs advanced technologies such as Graphene, a block propagation protocol that compresses blocks by 99.6% using Invertible Bloom Lookup Tables (IBLT), enhancing efficiency and reducing network traffic. Additionally, DS-Proof enables instant transactions without requiring confirmations.
