Nexty - the ideal blockchain

ionzar (28)in #nexty • 6 years ago

https://bitcointalk.org/index.php?topic=2498919
https://nexty.io/nexty-whitepaper.pdf
https://facebook.com/nextycoin
https://twitter.com/nextyio
https://t.me/nexty_io
https://nexty.io/

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The blockchain is a digital distributed registry that is responsible for the transparent recording of transactions carried out without the involvement of intermediaries like banks.

If we talk as simply as possible, the blockchain is a payment system that allows you to transfer money and other data between users of the network without the use of the bank. The whole sector of cryptocurrencies and blockchain is based on the idea that the existing banking system is outdated - payments between countries take several working days and are subject to huge commissions. Moreover, people pay banks to use their own money. Blockchain is designed to radically change this situation, to exclude banks and other financial institutions from this equation. The blockchain makes the payments easy and very fast (ideally instantaneous), and reduces the fee to almost zero.

This idea is great in theory, and there are a huge number of companies that are willing to test a distributed registry in their small projects and fintech labs. The Enterprise Ethereum Alliance includes about 250 companies from different countries that are testing the open source versions of the Ethereum blockchain in different sectors. However, there remains one outstanding problem: scalability.

Companies don't want to switch to the blockchain, until it is proven that it has the scalability for solving problems in the real world, but there is no way to confirm that the blockchain really has such scalability, until some major company will go to him. Until this problem is resolved successfully, the blockchain bet will remain a risky investment.

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Here comes Nexty

The Nexty approach allows you to forget about the problems of blockchain scalability and introduces this technology into the daily routine of any company. Success is achieved by using a system with two cryptocurrencies in parallel. All daily transactions in the system will be carried out at the expense of NTY tokens. For these tokens, you can buy goods and services, transfer money to other users. All this is supported by NTF tokens, which are used to confirm transactions. Due to this system, all transactions are not subject to a commission and are executed instantly.

Remarkably, the miners who add a transaction into the block, do not receive money from each transaction, so they are not interested in having to delay some transactions, while others pass quickly. Instead, Nexty gives each miner a fixed monthly income.

Thus, Nexty simultaneously solves the issue of blockchain scalability and makes all users and miners happy.

Nexty will be able to change the existing attitude to the blockchain, as it will speed up transactions hundreds of times. If right now transactions take up to several hours, it is unacceptable for real business. When you pay for a сup of coffee, you can't wait a few hours for the payment to arrive at the coffee shop account. But with Nexty you don't have to wait a second - the operation will happen instantly. In addition, you will pay exactly the amount that the barista will indicate to you - and not a penny more. No commissions! This is a revolutionary approach to cryptocurrencies and blockchain, and right now it is becoming a reality!