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A few years ago, I could only dream about instantaneous transactions. With the rise of cryptocurrencies this dream has finally started to come true, at least, partially. I remember my excitement when I managed to transfer my Bitcoin transactions in 20 minutes. That seemed amazing. But that was 4 years ago, the progress evolves, though many first cryptos are still at the same level of development. Luckily, a few alternative new cryptos and platforms can provide much faster results when it comes to the speed of transactions. I am talking about the Nexty platform right now.
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What is Nexty and how does it operate?
It is okay if you have never heard about the Nexty’s ecosystem before. All you need to know for starting is that this is the advanced Vietnamese project. The team applied the innovative approach to the confirmation required for transactions. It is called the Dual Cryptocurrency Confirmation System. It exploits 2 kinds of tokens:
- NTY token – this is that major coin, listed on exchange services, used as the platform’s fuel and applied in daily exchange transactions within the network.
- NTF token – a limited, subsidiary token that costs 1 pNTY (package of NTYs = 10,000 coins). Its main task is to verify all transactions on the platform.
All investors who bought NTY tokens can also join the Smart Staking Program that will last up to 2019. The main requirement for participation is freezing a particular amount of NTY tokens on your wallet. As a reward, you receive stakes at the end of the holding period (7 days, 30 days, 90 days or 360 days). NTF will soon be available on the market with a limited fixed amount of 10 million.
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How users can apply the Nexty service with benefits?
Except the mentioned benefits in the form of free and superfast transactions, regular users of the platform can significantly save on micropayments during their daily routine. It is not a problem anymore to buy an Amazon book for Kindle if you use the exchange service by Nexty. All microtransactions are happening very quickly.
Apart from regular users, there are also investors who can take part in voting, mine and get rewards for active participation in Smart Staking and Affiliate Programs.
Nexty will also work with one more category of users – startups which are financially struggling. They will sponsor the great small companies with awesome ideas in exchange of their future profits.
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How is the Nexty better than competitors?
It is not difficult to define the competitive edge of the Nexty service. They make free and instantenous transactions their priority and apply various advanced technolgoeis for fulfilling this major goal as soon as possible. The first beta version of the Smart Wallet App and the whole service are impressive. I can see how the system is expanding. The platform continues to grow and deliver even better results than I initially have expected. Neither Ethereum nor Bitcoin can be compared with the Nexty’s speedy and free transactions.
Instantaneous and cost-free transactions seem closer than ever. The concept is very appealing, realistic thanks to the Nexty’s highly experienced team. I hope these guys will achieve all their goals. Personally I will support them as long as I can.
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My profile on the forum bitcointalk.org - Jordanuttos
https://bitcointalk.org/index.php?action=profile;u=1324330
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