Source. Crypto info.com
What is Nexus?
Nexus' mission is developing open-source blockchain to support decentralization, innovative applications and responsible values.
Nexus is a decentralized cryptocurrency, DApp, and Contract platform, designed as a toolset to create greater financial freedom. It was built from the ground up, by a small group of innovative software architects, and is operated by a global decentralized community. Together, we envision a world in which there is greater trust and connection to one another.
A key advantage of the Nexus Blockchain is its 'immutable' or unchangeable nature, as the history of stored data cannot be overwritten or removed. The verification of data is described as 'trustless' because changes to the data require authorization by a decentralized global consensus. There is no central data repository or authority requiring 'trust'. The Nexus Blockchain improves database security, as there are no central points for cyber attacks to target. The data of the Blockchain is distributed between many people's computers, which also protects against various outages.
