Battle of the cryptocurrencies
Cryptocurrency is disrupting the global economy from energy, advertising, healthcare, and finances; it is revolutionizing the world economy one sector at a time. The biggest achievement for cryptocurrency is the ability to create a payment platform that is uniform, low cost, fast, and secure without third-party interference. Although Bitcoin is the most popular and still widely used crypto coin, other coins have disrupted the market to bridge the lapses that blockchain and Bitcoin suffer from by changing the way we make online payments. Two coins making a name in the financial sector is DASH and Nexty.
DASH Platform
DASH is a decentralized autonomous organization created for the next generation P2P network. The name DASH is a union of the words digital and cash. Pretty impressive from its former names Darkcoin and Xcoin respectively. Unlike most payment platform, DASH has extra security options of keeping all your transactions and balance private for you alone. Currently, DASH is the best crypto coin for instant transfer and confirmation of online payments.
Nexty Platform
This is a Fintech based on blockchain technology to help small online businesses raise the needed capital from their community members, and each new company will create the next ecosystem for the patent ecosystem. The Nexty coin is NTY with features such as instant transfer, zero charges, and a dual currency stabilization cryptosystem.
Similarities between DASH and Nexty Platform
•Both coins are modes of payment for online purposed
•Both coins have low volatility and protect consumers’ identity
•Both have wallets for easy transfer of digital cash globally with ease
•The platforms are simple and easy to use even for a crypto novice
•They are both mineable coins with incentives
•Both transfer cash instantly with quick confirmation of transactions made.
Differences between Nexty and DASH
DashNexty
Minimal charges for micropayments and global transfersIt zero charge on all transfers
Provides an extended privacy for the user that cannot be tracedIt does not have extended privacy for users
Payments and confirmation occurs in less than 4 seconds due to a technology termed InstantXAlthough it is fast but not like DASH
DASH is the first cryptocurrency to introduce Master nodes server that enables swift payment globallyIt makes use of POF as consensus algorithm with an average block time of 2 seconds for each transaction
It is a blockchain based platformIt is a Fintech based platform for raising funds for online SME through a community donation
The community in DASH all participate in the growth of the platform and even votes in certain casesIt is a community platform, but not consensus
It does not have a dual currency system but has incentives for the miners and master nodes for securing and storing, validating the blockchain respectivelyIt uses a dual token to make payments or confirm payments. The NTY is for payment while the NTF are rewarded for validating a transaction
DASH does not perform smart staking on its platform Customers on Nexty platform participate in smart staking which is a method of freezing the amount to get extra coin after a stipulated maturity period
DASH uses master nodes and miner system for blockchain securityNexty used DApp that connects users to providers directly completely eliminating the third party
Conclusion
The future of payment is changing with platforms like Nexty and DASH that allows instant transfer with minimal charges that you can make anytime or anywhere as long as you have a good internet connection. These platforms are breaking the trade barriers and creating a global economy without borders. The era of digital money is upon us, grab your now and be part of the moving train.
Website: Nexty.io
Facebook: https://www.facebook.com/nextycoin/
Telegram: https://t.me/nexty.io
Twitter: https://twitter.com/nextyio
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