NexDAX Chain Documentation
Welcome to the NexDAX Chain documentation site!
Please note that both the NexDAX Chain software and this documentation site will improve over time and is still a work-in-progress.
Be sure to engage with our community channels to stay updated.
Have fun trading and see you on chain!
What is NexDAX Chain?
NexDAX Chain is an innovative solution to bring programmability and interoperability to NexDAX Chain. NexDAX Chain relies on a system of PoA consensus that can support short block time and lower fees. The most bonded validator candidates of staking will become validators and produce blocks. The double-sign detection and other slashing logic guarantee security, stability, and chain finality.
Please read the FAQ to get started.
What can I do with NexDAX Chain?
The purpose of the new blockchain and DEX is to create an alternative marketplace for issuing and exchanging digital assets in a decentralized manner.
You can:
- Send and receive NT
- Issue new tokens to digitalize assets, and use NexDAX Chain as underlying exchange/transfer network for the assets
- Send, receive, burn/mint and freeze/unfreeze tokens
- Sumbit an on-chain governance proposal for NexDAX Chain
For developers, you can also:
- Run a full node to listen to and broadcast live updates on transactions, blocks, and consensus activities
NexDAX Chain, NC boasts smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM). The design goal here was to leave the high throughput of NexDAX Chain intact while introducing smart contracts into its ecosystem.
Because NC is EVM-compatible, it launched with support for the rich universe of Ethereum tools and DApps. In theory, this makes it easy for developers to port their projects over from Ethereum. For users, it means that applications like MetaMask can be easily configured to work with NC. Seriously – it’s just a matter of tweaking a couple of settings. Check out Use MetaMask for NexDAX Chain to get started.
You can:
- Send and receive NT
- Explore the transaction history and blocks on the chain, via ntscan, API and node RPC interfaces.
- Stake you NT to earn some block rewards
Developers can also:
- Issue new tokens to digitalize assets
- Migrate existing DApps
- Run a full node to listen to and broadcast live updates on transactions, blocks, and consensus activities
- Become a validator of NC
- Develop wallets and tools to help users use Dapps
Get Started
Want to try it NexDAX Chain? Just give a peek at the first few of pages of the getting started guide.
You could also have a read through the FAQ.
Want to develop on NexDAX Chain? First, read through the FAQ and learn about tokens here.
Asset Management
NRC20 Asset
A token protocol on NC which is compatible with ERC20. It extends ERC20 and contains more interfaces, such as getOwner
and decimals
. Read the full proposal here: https://github.com/nexdax/BEPs/blob/master/NRC20.md
NT (and Other Coins) MainNet Switch
NexDAX Coin (NT) was an ERC20 token on the Ethereum network.
After the launch of NexDAX Chain, NexDAX Coin (NT) is being converted into native NT tokens on the main network via the exchange platform at nexdax.com, a pragmatic and efficient way to perform the initial token swap.
NexDAX Chain is ready for other projects to migrate their tokens to take advantage of performant transactions with more liquidity options and native marketplace features.
More information about how projects can set themselves up for this (via nexdax.com or partners) will come soon.
NT Staking
Please read the guide here
Technology Details
Continue reading below if you are interested in what is happening under the hood!
- NexDAX Chain as a Block Chain: about consensus, software stack, network layout and roles.
- Run a NexDAX Chain full node: how to run a full node and become part of the p2p network of NexDAX Chain.
- Run a NexDAX Chain light client: how to run a light client.
- NexDAX Chain Governance: about proposal, vote, and join as a validator.
Acknowledgement
Thanks to the community, our partners and supporters.