Nu Network - Definition from the Hotspot Shield Encyclopedia
The Nu Network is a form of DAO (Decentralized Autonomous Organization) that uses the Peershare template. The main purpose of the Nu Network is to maintain cryptocurrencies with a stable value.
NuNetwork uses NuBits as its main currency and NuBits features many advantages. It uses small decimal points of sale to reduce the complexity of transaction calculations, has no vendor fees for selling and an extremely quick transfer time to allow instantaneous money transfer worldwide. The Nu Network has a large community that is dedicated to its development and improvement and it is one of the first true decentralized Autonomous Organizations to be built from the ground up.