Nexa Monthly Newsletter May 2025: Forging a Strong Foundation
May was filled with exciting events and announcements as Nexa continues forging a strong foundation in the cryptocurrency space. The month’s headline event took place in Toronto, Canada, where the Nexa team gathered to showcase our latest innovations to the public. A more technical presentation followed in Ljubljana, Slovenia, where Dr. Peter Rizun delivered a talk on hardware acceleration. We’re excited to share highlights from these events below, and even more content is on the way. All in all, May was a major milestone for Nexa.
Blockchain Futurist Conference 2025: Nexa Back on Stage Driving Innovations
The Blockchain Futurist Conference returned to Toronto this May, with Nexa participating as a Golden Sponsor. As Canada’s largest Web3 event, the conference brought together leading projects, executive teams, institutional and retail investors, and crypto enthusiasts to explore and showcase the latest innovations in blockchain protocols, decentralized finance, and digital asset ecosystems.
Nexa proudly contributed three expert speakers to the event. Founder and lead developer Andrew Stone joined the “Leading with Code” panel, sharing insights from over a decade of experience in Web3 development. CEO Andrew Clifford delivered a presentation titled “10,000 Exchange-Traded Cryptos: Why Nexa?”, diving into crypto fundamentals, decentralization, and Satoshi Nakamoto’s original vision. Shanice Desilva, Nexa’s B2B ecosystem lead, spoke on the “Code Meets Community” panel, offering strategic expertise in business development, marketing, and Web3 scaling.
Welcome New Community Manager
We’re excited to introduce Francis, Nexa’s new Community Manager, who made his first appearance with the team at the Blockchain Futurist Conference. Francis brings fresh energy to our community engagement, and we were glad to connect him with conference attendees and ecosystem partners throughout the event.
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Hardware Acceleration Presentation by Dr. Peter Rizun in Ljubljana, Slovenia
From May 13 to 15, 2025, members of the Bitcoin Unlimited organization and the Nexa team attended the Bliss Conference in the vibrant city of Ljubljana, Slovenia. Representing Nexa were Dr. Peter Rizun (B.U. Secretary and Nexa Chief Scientist) and Dagur Valberg (Rostrum Developer at Nexa).
Dr. Rizun presented on hardware acceleration, sharing his latest research findings with the audience and engaging with fellow researchers and blockchain professionals.
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Nexa Sponsors WAIB Summit MONACO 2025
Nexa is proud to announce its sponsorship of the upcoming WAIB Summit, taking place at One Monte-Carlo, Monaco, on 27–28 June 2025. This marks Nexa’s continued commitment to advancing the fields of Web3 and supporting a global calendar of high-impact conferences. Over the course of the two-day summit, the Nexa team will host an exhibition booth to showcase the latest technological developments and engage directly with the cryptocurrency community.
The WAIB Summit (Web3 AI Blockchain) is recognized as the world’s largest event focused on the convergence of decentralization and intelligent systems. In Monaco, global leaders, venture capitalists, innovators, and high-net-worth individuals will gather to explore topics such as generative AI, on-chain AI agents, and robotics. The second day will feature NFTFEST, a community-driven showcase of exclusive digital art, luxury collaborations, and leading NFT communities.
This year’s programme includes contributions from major industry players such as Microsoft, AWS, Eliza, Chainbase, ChainGPT, and others, delivering in-depth analyses and forward-looking insights into the rapidly evolving tech landscape.
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Nexa x WAIB Summit: Claim Your Ticket
Nexa will be officially represented at the WAIB Summit, scheduled for 27–28 June 2025 at One Monte-Carlo. This will mark Nexa’s first formal presence at the event. Over two days, the summit will bring together leading minds in Web3, artificial intelligence, and blockchain to explore emerging research, real-world applications, and collaborative opportunities.
As a token of appreciation for our community, Nexa is offering 50 complimentary summit passes. Interested participants can request a pass by sending a direct message to the Nexa administration team via our official Telegram or Discord channels. All passes will be distributed on a first-come, first-served basis. Pass holders will enjoy full access to summit activities, including exhibition halls, workshops, and networking sessions.
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Nexa x BitMEX: Crypto OGs Poker Tournament in Kaunas, Lithuania
On 6 June 2025, the city of Kaunas will become a hub of innovation and trading as it hosts the exclusive OG Poker Tournament, featuring Nexa, BitMEX, a decade-strong cryptocurrency exchange and inventor of the perpetual swap, along with the Wealth Masters Club. This event marks the first official introduction of both Nexa and BitMEX in Lithuania.
Hosted by BitMEX, Wealth Masters Club, and Nexa, this private gathering is designed for VIP traders, seasoned crypto enthusiasts, and ambitious investors aiming to build real wealth in the digital asset space. The event blends the excitement of poker with high-level networking and strategic investment discussions. Attendees will also be introduced to Nexa, with a focus on delivering a high-quality, memorable experience alongside some of the most experienced cryptocurrency traders in the region.
Participation in the tournament is by official invitation only. To join the tournament, take part in trading activities, and qualify for prize rewards, all attendees must have a registered BitMEX account.
Steps to get started:
- Visit the official event page for more details and connect with the Nexa community management team if you are interested in participating.
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Nexa Academy: What is Cryptocurrency?
In a recently published educational article, Nexa Academy explored the emergence of cryptocurrency as a novel monetary instrument over the past decade, a development that continues to reshape how we think about money and payment systems. While names like Bitcoin and Nexa are now part of everyday conversation, the core principles and motivations behind these digital assets remain unfamiliar to many.
The article begins by revisiting the historical evolution of money, from commodity-based exchange, through the rise of fiat currencies, to today’s digital payments. By highlighting the limitations of earlier monetary forms, such as centralization, opacity, and counterparty risk, it establishes a clear rationale for decentralized, cryptographically secured alternatives.
It goes on to explain key characteristics of cryptocurrencies, including distributed ledgers, consensus mechanisms, and cryptographic validation, as well as the benefits that have driven their adoption: transparency, censorship resistance, and programmable scarcity.
The piece also categorizes cryptocurrencies into payment tokens, utility tokens, and asset-backed stablecoins, focusing on their architectures and real-world applications. Importantly, the article avoids overly technical jargon, aiming instead to provide conceptual clarity and practical insight for readers without deep backgrounds in finance or computer science.
By the end, readers come away with a clear definition of cryptocurrency, a foundational understanding of its technological and economic drivers, and a practical taxonomy of token types, all essential tools for anyone navigating the evolving landscape of digital money.
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Guide: How to use the Nexa Explorer to see Nexa as Digital Cash in Action
A new guide released this month walks users through the power of Nexa Explorer, a tool that goes beyond standard blockchain tracking by providing coin-level visibility into how transactions work on the Nexa network. For those familiar with cryptocurrencies, blockchain explorers are essential for tracking funds, inspecting on-chain assets, and monitoring network health. Nexa Explorer takes this further by allowing users to see not just wallet balances, but exactly how each individual “coin” moves through Nexa’s UTXO-based ledger.
The guide explains the differences between two primary blockchain models, UTXO (used by Nexa and inherited from Bitcoin) and account-based models like Ethereum’s EVM. While most explorers simply show a running balance, Nexa’s system reveals transaction structure in more detail, including inputs, outputs, and change, offering deeper insight into how digital cash operates at a technical level. Whether you’re new to UTXO models or simply want to enhance your blockchain literacy, this guide is an essential reference for understanding Nexa’s underlying design and practical functionality.
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Guide: How To Navigate Nexa Full-Node
The full-node wallet, the very first wallet created for Bitcoin, is a foundational concept in understanding cryptocurrencies and how they operate. At its core, a full-node wallet is a two-in-one application, acting both as a node that helps maintain the network and as a fully functional wallet for managing your funds. It connects directly to the blockchain, the public ledger, giving you full control over how you access and interact with the network. Nexa, derived from the original Bitcoin source code, follows the same model, and so does its full-node wallet. This guide offers a first look into that system, only scratching the surface of what’s truly possible with it.
To start with, download the wallet from the official website:
Download for Windows / Linux / macOS
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Guide: How to Create an NFT on Nexa via NiftyArt
For the first time in human history, we have truly digital assets. Non-fungible tokens (NFTs) are revolutionizing digital ownership, enabling anyone to create, mint, and trade assets on the blockchain. Essentially, anything can become a digital asset or NFT with its own unique digital fingerprint. In this way, assets become both verifiable and individually distinct on the blockchain. In this guide, we walk through the main steps to help you become familiar with the process of becoming a digital creator. It’s a quick and straightforward experience, from installing Wally Wallet to minting your finished artwork on NiftyArt. After reading this guide, you’ll be ready to launch your very own NFT collection with confidence.
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New Nexa Feature: OP_MERKLEROOT Script Explained
Blockchain applications increasingly demand not only data integrity but also efficient, verifiable interactions with off-chain systems. Nexa’s new OP_MERKLEROOT opcode meets this need by embedding Merkle-proof verification directly into script execution. This innovation bridges on-chain consensus with external verifiable databases, enabling smart contracts to confirm data operations, such as insertions, deletions, and updates, without relying on trusted third parties or consuming excessive resources.
By bringing Merkle-proof logic into the scripting layer, OP_MERKLEROOT transforms how developers design blockchain-backed services. Registries, supply-chain tracking, decentralized identity systems, and any application requiring cryptographic attestations of external state can now leverage a compact and efficient primitive. The result is both higher throughput, as proofs remain logarithmic in size, and stronger security guarantees, since every step of the proof is enforced by the consensus rules themselves.
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Nexa Community Event: Create a NiftyArt NFT Collection
The digital art world is abuzz as NiftyArt.cash rolls out its 2.0 upgrade. To celebrate the launch of the upgraded platform, we’re organizing a community event. We invite you to explore the new features, engage with fellow creators, and participate by building a mini NFT collection of 20 items to become eligible for a prize of 250 million Nexa coins.
The competition offers a 250 million Nexa-coin grand prize to the top vote-getter, but there’s a twist. To unlock the full prize pool, the event requires at least ten valid entries. If fewer than ten artists participate, the prize adjusts for fairness, with each valid entry increasing the total prize by 25 million Nexa coins, all awarded to a single winner.
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https://forum.nexa.org/t/nexa-community-event-create-a-niftyart-nft-collection/588
NiftyArt NFT Mini-Series Community Event Remains Open Until Further Notice
Due to the strong turnout for the NiftyArt Community Contest, we were able to identify important bugs that hadn’t been previously discovered and are actively working to resolve them. As a result, we’re extending the contest until further notice to ensure a smoother and more rewarding experience for everyone. We deeply appreciate the community’s proactive involvement and encourage continued testing and feedback.
Originally scheduled to end on 23 May, the NiftyArt NFT Mini-Series Event is no longer limited by the initial one-week timeline. You now have additional time to explore the upgraded NiftyArt.cash platform, develop your mini NFT collection of 20 items, and prepare your best work for submission.
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Summary
That’s it for this month. Nexa will continue spreading the word across continents, presenting innovative technologies, and advancing the digital currency space. We remain confident in the digital future, tokenization, and digital payments, and we believe the only true gateway to that future is a fully decentralized, scalable, and programmable protocol. The genius of Satoshi’s UTXO-based blockchain design makes this vision possible, and Nexa is committed to unlocking the full potential of scalable, programmable digital currencies. There is much more in the pipeline, so keep following the Nexa project, and let’s innovate together.