I never considered cryptocoins inefficient till this March because. I was very unsatisfied with the inconvenient transfer terms offered by Bitcoin and Ethereum. I had to wait for my transaction’s verification and confirmation in the Ethereum network for an hour, this wasn’t good for my business.
You see, I have an online shop where clients regularly need to transfer small transactions under $50. And I noticed that I started to lose profits because of these long waits. Cryptos were always my time-saviors because of fast and relatively cheap transfers that I could make anonymously from any device connected to the Internet.
But in the end of 2017 this situation started to change and badly. I am not able to use BTC and ETH for daily transactions anymore – they are pending for hours and sometimes the commission fee is the same as the transferred sum. My friend recently had to wait for 3 days (!) before his transaction of BTC worth $120 was checked, accepted and transferred. And the commission fee was about $30. Surely, such terms are not acceptable for a small business owner. Just look at this:
When I was looking for alternatives, I tried many different platforms and blockchain-based payment methods. Finally I’ve tested the Nexty platform. This Vietnamese startup offers everything that I’ve been looking for and even more. For now, their audience of users is not that big and all promises they gave are true to life.
First and foremost, the Nexty system offers a total record when it comes to the speed of internal transfers – only 2 seconds per each transactions (Nexty Coins from one wallet to another). All these transactions are also absolutely free. And, in this case, size doesn’t matter all – transfer $5 or $5,000 without any cent paid over. So, the Nexty is not a new Bitcoin – it is better.
Speed is not a problem for many payment systems like Litecoin or Dash. But still commission fees are a more important factor for all participants of a decentralized network. The transactions costs are starting to raise in December 2017 and still can’t stop. They are way too expensive for daily transfers. Right now the Nexty beats them all. Because their network offers a zero commission fee.
Most networks exist only due to transfer fees. The Nexty is monetized in another way – from plugged-in startups and the shares of their profits. However, commission fees in other decentralized networks are also required for confirmation of transfers. They use the Dual Cryptocurrency Confirmation System and additional token Nexty Foundation for a quick and queue-free verification of all transactions. NTY tokens are main cryptos that are used in all exchange operations.
You can test the system right now. After a successful end of their ICO the team released an Android mobile wallet of their platform. By means of this app, you can send NTY tokens from one account to another in less than 5 seconds, without fees. They promised to release an iOS app in a very fast way. You can also buy NTY tokens on the popular Asian exchange service IDAX.
Website - https://nexty.io/
Facebook - https://facebook.com/nextycoin
Twitter - https://twitter.com/nextyio
Telegram - https://t.me/nexty_io
ANN thread forum - https://bitcointalk.org/index.php?topic=2498919
Whitepaper - https://nexty.io/nexty-whitepaper.pdf
Anaginn - https://bitcointalk.org/index.php?action=profile;u=1374375
Nexty wallet - 0xac3934b6b1c5fcae9fe6f9abc83f835f55829b9c
Steemit blog link - https://steemit.com/@ghayassab
