1. What is NT?

Introduction to NT Cryptocurrency (using NEO as an example):

1. Basic Concept: NEO is a blockchain-based cryptocurrency, originally known as "AntShares," founded by Da Hongfei in 2014. In June 2017, NEO was rebranded from AntShares to NEO.

2. Features:

3. Smart Contracts: NEO is a blockchain platform that allows developers to create smart contracts and decentralised applications. Smart contracts are agreements that are hard-coded to execute when certain pre-set conditions are met, without requiring any third-party involvement.

4. Programming Language Support: NEO supports common programming languages such as Java, Python, C++, etc., making it a very attractive option for developers.

5. Smart Economy: NEO introduces the concept of a smart economy, where any real asset (like a house) can be digitised. For example, if you are renting out a house, you can enter a smart contract with the tenant that includes a condition to only share the digital keys to the house once you receive the rent.

6. Comparison with Other Cryptocurrencies:

7. Difference from Bitcoin: NEO is quite different from Bitcoin as Bitcoin's sole purpose is to act as a digital currency, while NEO has more use cases like smart contracts and decentralised applications apart from being a digital currency.

8. Comparison with Ethereum: NEO is often referred to as "China's Ethereum" because, like Ethereum, it is a blockchain-based platform allowing for the creation of smart contracts and decentralised applications. NEO’s advantage lies in its support for multiple programming languages, whereas Ethereum developers need to learn Solidity to write smart contracts.

2. Who founded NT?

The concept of cryptocurrency was not created by one individual but has evolved over many years through the contributions of various researchers. Here are some key figures and events:

1. David Chaum: In 1982, David Chaum proposed the concept of an untraceable cryptographic network payment system, which later developed into the initial cryptographic anonymous cash system known as ecash.

2. Wei Dai: In 1998, Wei Dai published an article outlining an anonymous, distributed electronic cash system called "b-money."

3. Nick Szabo: During the same period, Nick Szabo invented "Bit Gold," a mechanism for building property certification systems by competitively solving "proof of work" problems.

4. Satoshi Nakamoto: In 2008, Satoshi Nakamoto released the paper “Bitcoin: A Peer-to-Peer Electronic Cash System,” formally introducing the concept of Bitcoin, and created the first Bitcoin blockchain on January 3, 2009.

Therefore, while Satoshi Nakamoto is considered the founder of Bitcoin, the concept and technical foundation of cryptocurrency were contributed by multiple researchers over various time periods.

3. Which venture capitalists invested in NT?

Here are some venture firms and individuals that have invested in cryptocurrencies and related projects:

1. a16z: Andreessen Horowitz's crypto fund, which has invested in projects like OpenSea, Solana, etc.
2. Polychain Capital: Invested in projects like Solana, Numerai, etc.
3. Dragonfly Capital: Co-founded by Alexander Pack and Feng Bo, investing in multiple crypto projects.
4. Hack VC: Founded by Alexander Pack, invested in projects like io.net, Initia, AltLayer, with a particular focus on infrastructure and DeFi/CeFi sectors.
5. Multicoin Capital: Invested in Solana, achieving thousands of times return on investment.
6. Founders Fund: Invested in Dragonfly Capital and other crypto venture funds.
7. Sequoia Capital: Invested in multiple unicorns, including various cryptocurrency and blockchain projects.
8. OKX, MEXC: Invested in projects like Solana.
9. Libertus Capital, Blocktower Capital, Konvoy Ventures: Invested in projects like Axie Infinity.

These firms and individuals have made substantial investments in the cryptocurrency and blockchain space, driving the industry's development.

4. How does NT work?

NT Cryptocurrency (New Era Token) is based on blockchain technology; here is an overview of its operational principles:

1. Decentralisation: NT Cryptocurrency utilises blockchain technology to achieve peer-to-peer transactions and settlements without the need for third-party intermediaries.

2. Transaction Verification: Transactions are broadcasted across the network and verified through consensus mechanisms (like proof of work or proof of stake). Once verified, transactions are added to a block, forming the blockchain.

3. Blockchain Composition: The blockchain consists of a series of blocks, each containing multiple transactions. Blocks are linked together by encrypted hash values, ensuring data immutability.

4. Node Operation: Nodes in the blockchain network are responsible for maintaining and updating the ledger. Each node holds a copy of the entire blockchain, ensuring the decentralisation and tamper-resistance of the network.

5. Security: The security of the blockchain network is maintained through the integrity of nodes and incentivisation mechanisms. Nodes are incentivised through rewards, ensuring the accurate verification and efficient processing of transactions.

6. Anonymity: Users can conduct transactions by creating unique digital wallet addresses, protecting personal privacy.

7. Low Transaction Fees: Compared to traditional financial systems, the transaction fees of NT cryptocurrency are lower.

In summary, NT Cryptocurrency facilitates decentralised, secure, transparent, and low-cost transactions and settlements through blockchain technology.