Nexa represents a cutting-edge UTXO Layer 1 blockchain that integrates instant transaction capabilities, smart contracts, and token support. It builds on the established foundation of UTXO technology, incorporating the latest advancements to enhance its functionality. Much like Bitcoin, Nexa serves as both a store of value and its own native blockchain coin, embodying the same energy and economic principles. The tokenomics of Nexa mirror those of Bitcoin, including regular halvings occurring every 1,050,000 blocks, which reduce rewards by half. Nexa can be utilized for a variety of purposes such as gas fees, liquidity provision, and development projects, offering a versatile solution in the blockchain ecosystem.
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