Nexty
Technological advancements have resulted in the inventions of a plethora of cryptocurrencies. The blockchain technology is expanding rapidly, and it is set to get implemented in almost all industries and even in normal livelihoods. Nonetheless, the increased competition is forcing every new cryptocurrency that gets invented to have a feature that gives it an edge over rival projects.
In the case of the Nexty platform, its primary edge over all the rivals is its easiness to use. The original cryptocurrencies were impractical as modes of daily payments since geeks desired them and favourited by Internet adventurers as uncertain but profitable investment tools. Nexty is different from all that.
Disadvantages of old cryptocurrencies
Several things and features made the old cryptocurrencies like Etherium and Bitcoin what they are currently. They became niche tools for hackers and the adventurers with disposable money viewed these platforms as ideal for investment adventures. Initially, this technology got unstable due to the rapidly rising exchange rates that made it famous and infamous simultaneously.
For example, Bitcoin was viewed as a ‘get rich quick scheme that works.’ This characteristic made it hostile to legitimate businesspeople wishing to run ordinary businesses online. Additionally, the slowness with which Ethereum and Bitcoin operate is also a shortcoming. In the old blockchain technologies, one transaction takes hours and days to get completed.
The transaction fee is also a shortcoming. It is not entirely functional when you want to buy low and sell high making it crippling whenever you try to use it for daily transactions. Therefore, the need for cryptocurrencies with none of these disadvantages appeared. That need got perfectly met by the invention of the Nexty Platform.
The Nexty protocol got invented and designed to solve various challenges that had become pertinent in the daily mobile transactions via the internet. Nexty (NTY) is preferable over other cryptos due to its rapid transfer capabilities. This advanced technology gets rid of the long waiting periods during all types of transactions. Money gets to the recipient almost instantaneously once the sender sends it.
Another advantage associated with Nexty is that it offers completely free transfers. The NTF technology handles all transfer mechanisms enabling the Nexty software to automatically perform all the required manipulations to keep the whole system afloat without spending any NTY coins.
Nexty is highly advantageous to invest in since its prices are predictable. The dual coin system gets rid of almost all sharp and drastic rate changes that led to the infamous nature of Bitcoin. NTY is virtually useless for Internet adventurers who want to get rich quickly. However, it is ideal and convenient for its target audience who are mainly business and company owners.
pNTY and NTY are the fundamental units intended for use by the end users. NTF is just an auxiliary that wholly gets handled by the automated software which makes it unnecessary for the average business person using the Nexty protocol to care or wants to know how NTF works. Nonetheless, NTF can get mined, and it is encouraged to enhance the stability of the system.
Nexty Platform targets internet-based start-up business owners who know little or nothing about how cryptocurrencies or blockchain works. The Nexty platform is optimised for entrepreneurs instead of for cypto-geeks.
Contacts NEXTY:
Website: https://nexty.io/
Whitepaper: https://nexty.io/nexty-whitepaper.pdf
ANNThread: https://bitcointalk.org/index.php?topic=2498919
BLOG MEDIUM: https://medium.com/@nextyio
Twitter: https://twitter.com/nextyio
Facebook: https://facebook.com/nextycoin
Telegram: https://t.me/nexty_io
AUTHOR: https://bitcointalk.org/index.php?action=profile;u=1358864