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We forked Nexalt from litecoin and added and improve some features. Litecoin is using the Scrypt algorithm in POW and we converted it into POS. A very environmental algorithm. Features we added a listed below.
- Converted Scrypt POW to Scrypt POS.
- Added MLC Feature in it which is done by splitting block into multiple levels
- Added Proof of Network as Every newly generated block needs a valid 10 level sponsor upline.
- Added Magic block concept which is proving new energy to stakers as they are getting up to 2400% more nexalt than regular reward.
- Added Master Node feature where people can stake a fixed amount of nexalt and earn some handsome amount of nexalt.
- Master Nodes can process the instant transactions and users don't need to wait for the new blocks and by this Nexalt scalability increases more.
We believe in sharing and spreading benefits to a broader community and to achieve this goal we focus on mass marketing. Up to now, mass marketing plans have proved good for large-scale organizations but not suitable for small to medium businesses. We reveal the combo power of cryptocurrency and mass marketing and exhibit it in MLC coin -XLT. It is the time to focus on developing unique and productive combos for the best use of tech and innovation. In this marketing era, the combination of blockchain technology and mass marketing sprouts out lots of opportunities for everyone who wants to be a part of this revolution.
MLC (Multi-Level Coin) is an example showing the combo power. A beautiful blend of traditional MLM and blockchain technology is named Nexalt. The complex interactions are managed efficiently by introducing Master Nodes, PoS, and Scrypt algorithm. We have limited POW blocks to limited keys because we want to convert it purely to the POS model. If there is any network issue, then maybe we use the POW model. The clean POS model will be released at the end of 2022 and it’ll be another milestone.
Our Aim Nexalt aims at the use of mass marketing in decentralized blockchain technology. It leads to the projection of the MLC coin. We develop a connection between the international crypto market and consumers who are less familiar with the crypto market infrastructure and find it difficult to use cryptocurrency in their jurisdiction. We accomplish this goal by merging mass marketing with cryptocurrency in a decentralized atmosphere and incentivizing our workforce with XLT coins
Our Vision Cryptocurrency is overwhelming the world and financial experts looking future of currency in it. We are ambitious to spread the benefits to a wider community and make them ready for the future financial systems based on internet and online technologies. We are creating a learned community that is familiar with and ready to use the latest monetary systems.