NEXTY SEAMLESS TRANSACTION AT ZERO COST
The advent of blockchain technologies signifies a huge opportunity to solve numerous problems associated with traditional financial system notably delay in transaction time and high charges. Regrettably, the opposite has been the case. Many of the cryptocurrencies solutions that have been developed have either failed in achieving fast transaction or have exorbitant transaction costs. At the highest market capitalization in December, Bitcoin transaction charges were as high as $10-$30 even on $100 transaction (check tweets below for confirmation).
Similarly, Etherum hasn’t fare better in this regard with recurring transaction clogs up to 26,000 transactions in just 24hours on the 20th of May, 2018 shooting the transaction charges to as high as $0.2 according to Bitcoin.com. Until these prevalent issues with transactions are adequately addressed, it would be impossible to achieve mainstream adoption of cryptocurrency for everyday transaction.
While cryptocurrency projects such as EOS, Cardano, NEO and NEM have tried their best in proffering solution to these issues none has really come close to NEXTY. NEXTY coin offers instant payment transaction with zero transaction charges. The competitive edge of NEXTY over other similar cryptocurrency projects is shown in the table below
Confirmation of NEXTY solution is shown in the video below
HOW THE SYSTEM WORKS
The NEXTY solution is based on Duo Cryptocurrency Confirmation System (DCCS) and Proof of Foundation (PoF) Consensus Algorithm. The DCCS is an initiative of NEXTY that allows it to enjoy seamless transaction speed without charges. In the DCCS, there are two cryptocurrencies peculiar to the NEXTY systems which are the NTY and NTF. NTY is the major currency of the platform developed for transaction purposes while the NTF ensures confirmation of transactions. The zero transaction charges is therefore possible because instead of accruing charges on each transactions, the transaction confirmation system facilitated by the holders of NTF coins allows rewards to be generated in the system. This reward is calculated using the Proof of Foundation and are distributed among holders of NTF coins.
THE TOKENOMICS OF NTY COINS
- Token Name Nexty
- Token Symbol NTY
- Total Supply of the coin 110B
Through the smart staking program, every participant with at least 10 billion NTY will automatically get 1 NTF and since NTY is limited to 100 billion, the total supply of NTF is just 10 million. Being an NTF holder gives you the opportunity of owning your mining and confirmation machine for NTY. There are several untapped mining facilities of recent as a result of difficulties inherent with mining famous coins such as Bitcoin and Etherum. All this would be made use of to achieve the Nexty dream.
The Nexty project represents an awesome opportunity for early investors to earn huge on their investments with a forecast of $1 price per NTY tokens in the next five years. The coin is presented listed at Idax at just 0.0003$ representing a possible 3333% return on investment.
The future of Nexty project is bright with its RESTFUL API access and as well as upcoming partnership with other fintech startups in the cryptocurrency ecosystem.
For further information regarding this project, kindly get in touch using any of these links
(Website)[https://nexty.io/]
Bitcointalk Username of writer : Daseento
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