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Hello Steemian!! right now i want to review the Nexty platform project.
What is Nexty Platform?
Nexty is a Fintech ecosystem which helps e-commerce and technology startups to raise funds from the community. Nexty itself has a cryptocurrency named NTY with various dominant features such as Instant Transfer, Zero Transfer Fees, and Dual CryptoCurrency.
The problem is as we know the Cryptocurrency has been drawing a lot of attention recently, although it is evaluated to be the solution of the above backlog but has not really solved these problems. Some Cryptocurrencies has reduced international settlement time to the near-instantaneous threshold, but soon after it becomes slow when the number of users increased dramatically. In addition, payment fees are relatively high, even some types have higher costs using old payment methods such as online credit card, online payment system.
NEXTY instant payment with zero fees
Nexty platform is a bright future for daily payment, the different with old cryptocurrency as we know most of the cryptocurrency has higher transaction fee and need more time within 5 minutes to 1 hour to be confirmed, Nexty give us instant payment and zero fees. Let's take a look at the following video:
How it works
Cryptocurrency confirmation system includes two types of cryptocurrency operating in parallel, The former called NTY is the main cryptocurrency for using in daily transactions. The latter called NTF is for transaction confirmation system. Transaction confirmation system is built on a peer-to-peer network with specific criteria to meet operational requirements. The breakthrough here is that instead of charging per transaction, those who are the holders of the second type of cryptocurrency will be rewarded with a small amount of cryptocurrency at the minor rate at the end of each month and this will allow the transaction fees to be zero while still guaranteeing the benefits to the persons who contribute to transaction confirmation system.
5 Important Elements of A Payment System of The Future
- Fast
- Low Fees
- Commitment to privacy & confidentiality
- Simple to use
- Low volatility
Comparison Table
Comparison chart for transfer fees
The method of operation is as follows:
- NTY: Code name of Nexty Coin
- pNTY: Package equivalent to 10,000 NTY
- NTF: Nexty Foundation Coin
- DCCS: Dual Cryptocurrency Confirmation System
- PoF: Proof of Foundation - the new coin algorithm with was invented for transaction confirmation system
Specification
- Coin Name: Nexty
- Abbreviation: NTY
- Algorithm: POW/POS/POF
- Block spacing: In 1 Second
- Total supply: 220,000,000,000 NTY
Nexty Foundation Specification
- Coin Name: Nexty Foundation
- Abbreviation: NTF
- Max Supply: 10,000,000 NTF
- Type coin: Rare
Nexty Listing on IDAX exchange
Roadmap
bitcointalk user: Krisjonn