Crypto gold (Bitcoin) and other cryptocurrencies have got acquainted with different disadvantages. Nexty has found solutions for some of them and many investors has used the privilege of it. When we are talking about crypto disadvantages we mean slow transactions (are you ready to wait for several hours or days?), high transaction fee (although some of the most popular exchanges had reduced transaction fees for Bitcoin in spring 2018 it's still expensive) and low adoption.
Website - https://nexty.io/
ANN - https://bitcointalk.org/index.php?topic=2498919
Whitepaper - https://nexty.io/nexty-whitepaper.pdf
Facebook - https://facebook.com/nextycoin
Twitter - https://twitter.com/nextyio
Telegram - https://t.me/nexty_io
Nexty gives answers for all the three problems: it offers Instant Transfers, Zero Transfer Fee, and Price Stabilization System. Thus the project offers a really convenient payment method which can be used by owners Internet shops, various online business and any other users who need to receive or send crypto payment.
Share this platform with your friends and become a participant of Nexty's affiliate program. Don't be surprised by the 1st level commission which is a little lower than its analogs' ones – Nexty targets a strong community and hopes that its users will be good guides for the new ones.
Why Nexty uses the unique protocol?
Crypto community is perfectly familiar to both Proof of Work and Proof of Stake – these protocols are used by all crypto platforms. Nexty changes community's representation of these protocols by implementing the new one – Proof of Foundation. In this article, we offer you to know what is the difference between these three algorithms.
Proof of Work (PoW) is the main protocol in a Blockchain network. This algorithm is used for generating new blocks in the blockchain. It assumes that advantages for getting a new block go to a miner who has the most long period of waiting for the reward.
Proof of Stake (PoS) is the second protocol and it gets much more and more popular among developers. It works by other rules: rewards go to miners basing on a validator's economic stake in the blockchain.
Proof of Foundation is the new variant of an algorithm and it was inspired by the other one – Proof of Authority that was introduced in 2017. This innovation was invented for transaction confirmation system. The main idea of the protocol is receiving NTY by all NTF holders for nothing. Just because of the algorithm which separates the percentage among users.
As you may understand there is one rule to get NTY tokens. This rule is holding NTF. Because of such benefits, NTF owners won't sell their tokens and its price should increase very strong. Anyway buying NTF is the only way to get this token. But it has no sence now because the users who got NTF during ICO have the privilege rate – 1 pNTV gets 1 NTF. NTF tokens that are bought on a trading latform have the low purchasing possibility.
As the conclusion, we would like you to pay your attention to the impossibility of using the Smart Staking Program until the 20th of June, 2018. On June 21st, 2018 it will be possible to use all the benefits of the system after the first dApp introduction.
Jelly_Bean
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