What is Naxion
Naxion is a Layer1 Public Blockchain mainnet that is suitable for the general use of a series of software and surrounding resources ecosystems that are based on distributed or open data hubs. Naxion offers users high level of security, fast speeds and affordable costs. It supports smart contracts and facilitates the creation of decentralized applications(DApps). NXN is created by mining as a proof-of-work (PoW) method.
What makes Naxion special is that it overcomes the shortcomings of POW while remaining faithful to the basics of PoW blockchain. While adopting the POW method that most faithfully implements decentralization, it also adopts independently developed secure node technology to process transactions at a speed similar to the POS method (maximum 1500 TPS) and design an inexpensive gas fee structure. Fast speed and low-cost gas fee made it possible to build an independent network ecosystem without supporting a separate Layer 2 solution. Meanwhile, it is eco-friendly by preventing access to ASICS without providing a node, thereby preventing unnecessary power consumption in addition to the power required for node operation.
Naxion vs Stoic AI Crypto Trading Bot
Predicting which cryptocurrency will ultimately lead the market is almost impossible
There’s no guarantee that Naxion (NXN) will still dominate in 5 years. A newer, more efficient technology could attract the majority of developers, users, and capital. Alternatively, a critical flaw in Naxion’s (NXN) design or ecosystem could hinder its progress altogether.
Instead of trying to predict the winner, a smarter approach is to diversify with a portfolio of potential contenders, including Naxion (NXN).
This is where Stoic’s AI-powered crypto trading bot comes in. Stoic uses hedge fund-grade quantitative research and advanced algorithms to build and manage a portfolio of crypto assets. By leveraging its automated trading bot, Stoic analyzes price data, returns, volatility, correlations, and other factors to identify coins with high growth potential.
The AI crypto trading bot rebalances the portfolio daily, cutting losses early and taking profits regularly. This eliminates the need for manual research and trading, making Stoic one of the best crypto trading bots for investors looking for a hands-free solution.
Over 15,000 people already trust Stoic to automate their crypto investing with cutting-edge bot trading technology. Whether you're new to crypto or an experienced trader, Stoic offers a seamless way to participate in the market with AI crypto trading.