Cryptocoins are going legit and from many points of view it is good – it is not shameful anymore to use them, you can encourage your clients to pay with cryptos if they want to stay anonymous online, etc. and etc. However, greater popularity and legitimate status caused additional problems. Most of these problems are really irritating causing me and other ecommerce businessmen look for alternative cryptocoins instead of popular ones.
Website https://nexty.io/
Telegram https://t.me/nexty_io
Twitter https://twitter.com/nextyio
Facebook https://facebook.com/nextycoin
Whitepaper https://nexty.io/nexty-whitepaper.pdf
ANN Thread https://bitcointalk.org/index.php?topic=2498919
Yellow paper https://github.com/nextyio/yellowpaper/blob/master/Paper.pdf
Nexty provides the ultimate fintech solutions for ecommerce projects, startups and regular users. All transactions in the network are very quick, safe and 100% free. By implementing different new approaches, software, protocols and algorithms, the Nexty is going to solve many problems usually related to cryptocurrency and their use.
Multiple solutions to common cryptocurrency problems
1. Problem: slow transactions
Solution: a new confirmation algorithm
The process of transferring Nexty Coins (NTY) or other crypto currencies in a blockchain is called a transaction. Each transaction is considered successful and complete only when its hash enters a new block and checked by Nexty’s miners (automatically). After this process the transaction becomes registered in the blockchain system.
The advantage of the Nexty’s system is that any user can view the history of all currency transactions and at the same time keep his personal information private. Nexty users also have the online wallets connected to the mainnet of the platform.
2. Problem: expensive transactions
Solution: transfers free from any commission fees
In order to confirm their transactions most cryptocurrency networks have to charge commission fees (and also to finance their platforms). Such system is fully understandable from technical and financial aspects, but the Nexty goes further and implements new blockchain where there is no need to pay fees for confirmation or financing the platform.
The Nexty is going to receive money from investors, partners, buyers of their software and also from supported startups that will share their profits after becoming successful thanks to the funds received from the platform. Also, additional tokens NTF will work for confirmation of all transactions. Due to such system, users will pay none commission fees when transferring NTY tokens from one wallet to another.
3. Problem: hacker attacks
Solution: instant confirmation and secure blockchain
Cyberattacks are one of the largest problems and a frequent phenomenon in the cryptocommunity. Moreover, hacking attacks methods are becoming more sophisticated. Huge Bitcoin wallets are very attractive for thieves. Nexty is not that popular as Bitcoin and Ethereum coins, that is why for now it is safer. Also, its blockchain is less vulnerable to common hacking attacks compare to the classic blockchains of Bitcoin and Ethereum.
In addition to all these solutions, Nexty has one more undisputable advantage – its major token NTY is less volatile than most cryptocoins because its price is regulated separately by experienced financial experts.
To sum up, I want to emphasize that the Nexty platform offers safe, free and very quick transactions along with the stable NTY tokens that are already available for trading on IDAX exchange service. You are welcome to join this awesome platform right now!
Information of the author article about the Nexty
Bitcointalk.org user name: catendi
Bitcointalk.org user profile link: https://bitcointalk.org/index.php?action=profile;u=1328515
Nexty waller adress: 0xfcb1c48213c7a16bf1ef306679c05854feb91a00
Interesting read thanks for sharing! I will look into Nexty.
Although i don't think those are the biggest issues, rather the adoption and volatility.
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