Nexty: why do cryptocurrency has slow transactions?

Bitcoin price is not the only topic that bothers a huge audience of crypto holders, investors and other people who are related to the cryptocurrency market. Users of cryptocurrency exchange like HitBTC and many others complain about unbelievably high transaction fees for such transfers. For example, in December 2017 one famous journalist Daniel Roberts posted on Twitter that he had given away $15 to make a Bitcoin transfer of $100 from a digital wallet to a hardware one. Similar complaints were posted on social media by other known persons. For instance, one of the users had had to pay a $16 fee to send a Bitcoin transaction of $25 and we think you agree that this is very expensive. 

Why do transaction fees cost so much? First of all, they are profitable for bitcoin miners who are constantly waiting for finding a hash to add transactions' data to the network of BTC. And if you've tried to make a Bitcoin payment recently, you perfectly know that its cost is high and its speed is slow:

The reason for such a problem is transfer capacity has become an artificially scarce resource. 1MB of data was allowed per each BTC block only in August 2017. As you may understand it is a very little value. 

Many projects have tried to solve this problem and make cryptocurrency transaction much faster and much more simple. But usually, their hopes were crashed because the goal was not completed. Nexty did not get to such ranks of unsuccessful projects and has reached the great achievements.

What has Nexty done?

Allow us to remind you that Nexty is a Fintech ecosystem which makes cryptocurrency world much more accessible. This project has important innovative solutions and supports e-commercial startups in raising money from the community. This is a great idea and it has had a perfect professional realization. 

The innovations of Nexty are high-speed transfers and no transaction fee. Yes, it is. You pay nothing per transaction and don't have to be waiting for its confirmation for hours or more. It makes possible to use digital currency for daily payments. For example, if you own an Internet store it's a very suitable solution for you – probably, your profit would increase immediately if you install such a module to receive crypto payments from your clients.

You should know about the other innovation which is Dual Cryptocurrency Confirmation System. It assumes using two variants of tokens – NTY and NTF. And the main thing you should understand you no need to buy NTF because there is no sense to hold it for non-ICO holders. You will not get benefits. But NTY tokens are still profitable. 

Just imagine, many startups create the whole ecosystem of Nexty. All of them launch ICO on the basis of this platform and their investors have to buy Token via pNTY, which generates tremendous growth potential increases the price of the NTY. 

You can check the additional information out in the official site and social media of Nexty:

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
Yellow paper - https://github.com/nextyio/yellowpaper/blob/master/Paper.pdf
ANN thread - https://bitcointalk.org/index.php?topic=2498919  

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