Translations:Introduction to Ardor/5/en

Amidst the rush of multiple clones of Bitcoin being created in 2013, Nxt was introduced as a second-generation cryptocurrency, expanding the use of blockchain beyond supporting a currency and a simple transfer of value. Nxt is the first blockchain protocol to use an entirely Proof-of-Stake instead of Proof-of-Work consensus mechanism, so its power consumption and hardware requirements are very low.