Nexty guide: how DCCS works and what is it needed for?

in #crypto6 years ago

Nexty has presented many innovative ideas and Dual Cryptocurrency Confirmation System is one of the most important ones. This system makes Nexty such a revolutionary project and opens an absolutely new cryptocurrency world to people from all around the world. 

The principal characteristic of DCCS is using of several variants of coins. The first one is NTY. This is the chief coin and it uses in daily transactions. The second one names NTF and it is created for a system of transaction confirmation. The most incredible thing about NTF is rewards for owners of the second variant of tokens. 

There is another notable difference between these coins. For example, NTF owners may not participate in making decisions about the company's plans but NTY owners vote for their decisions and have an influence on the future of the project. 

How is NTF token participating in the process of transaction confirmation? The fact is the system is built in peer-to-peer network which has some specific criteria to meet technical requirements. Among characteristics of this system are high speed, safety and rewards for holders. But there's a little moment: NTF ICO-holders receive rewards that are calculated according to the Proof of Foundation algorithm. Probably you have never ever heard about Proof of Foundation. Actually we have never ever heard about this protocol also but it was intended to the other rare algorithm – Proof of Authorities. 

What issues are regulated by such a system?

  1. Annoying transactions. If you are going to make a Bitcoin payment you should get ready for a great waiting. Do you have free several hours? But if you choose Nexty you won't have to be waiting for confirmation of your payment. Its work is the fastest – crypto transfer gets 2 seconds only. This speed was demonstrated by one of co-founder of the platform on Blockchain Vietnam Festival. 
  2. Forget about overpriced fees for payments. It does not matter how much crypto money you are going to transfer by Nexty. It will be for free. 
  3. Startups haven't funds to rise but now business can utilize Nexty's opportunity. The platform is going to collaborate with perspective teams that work in IT industry. But actually startups that are specialized in other fields can participate in this program also. But e-commerce projects will get more benefits from Nexty ecosystem. Although this program is not free (Nexty receives the percentage under the deal in the startup) it presents the great opportunity to raise funds through ICO.

Nexty has the bright future. It is absolutely clear. This platform is useful for usual crypto holders, investors, businessmen (for instance, for owners of Internet shops) and startups. It has a strong roadmap and the team successfully follows it. There is no need to study specifications of the platform for a long time because it's simple and convenient for using.

Check the Nexty's social media: Twitter, Facebook, Bitcointalk. Telegram is temporarily inactive but all the others social networks are filled with valueable information.

P.S. Links to the project:
Website: - https://nexty.io/
Facebook: - https://facebook.com/nextycoin
Twitter: - https://twitter.com/nextyio
Telegram: - https://t.me/nexty_io
Whitepaper: - https://nexty.io/nexty-whitepaper.pdf
ANN thread at forum: - https://bitcointalk.org/index.php?topic=2498919

P.P.S. Author:
Username Bitcointalk: belcini
Link to profile: https://bitcointalk.org/index.php?action=profile;u=1335033
Nexty wallet: 0x603e738d96791f5b6f89e4136448fb680d53de46 

Sort:  

Go here https://steemit.com/@a-a-a to get your post resteemed to over 72,000 followers.

Coin Marketplace

STEEM 0.20
TRX 0.14
JST 0.030
BTC 63718.61
ETH 3390.60
USDT 1.00
SBD 2.62