Gas GAS to Nash Exchange NEX Exchange

Crypto Pair Details: GAS to NEX

Gas GAS

Gas is one of the two coins created by Neo Foundation. Gas is used as a processing fees for Neo coin. Neo hashing algorithm is Proof of Stake (PoS), where blocks processing power depends on the amount of tokens held by miners instead of the Proof of Work method which depends on the mining power that a miner has to create a new block. Neo holders is compensated with certain amount of Gas every month, is a similar concept to the ether gas and is used as a power for transaction (transaction). It is a coin that is paid as compensation of a concept of interest generated by PoS mining. At the beginning of the release, about one Neo was paid per day with 1000 Neo, but it has a design algorithm that is gradually decreasing over time, which is offset by the price increase. It is a coin that is closely related to Neo, walking along the path of the companion with the rise of Neo, and it forms a necessary relationship that the movement must be moving in a fluid manner.

Nash Exchange NEX

Nash lets you transfer assets securely without trusting third parties. We make decentralized finance fast, simple and safe. Nash combines the security benefits of blockchain with the speed and functionality of traditional services. Our decentralized exchange is lightning fast thanks to our innovative matching engine – and our intuitive interface is second to none.

SOURCE: COINGECKO

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