Nano and Nexty: Are they the best and most viable alternative to cash? Let’s discover!
Blockchain isn’t just for geeks nowadays! Bitcoin revolutionized the way many of us saw money, currencies, ledgers transactions and transfers. The beauty of all virtual currencies is that nearly each one of them attempts to address a problem. And this is where our coin of interest Nexty comes into action. In this write-up in this article, the similarities with The Nexty system will be compared with Nano and XRB to get more understanding of this platform.
In simple terms, Nexty platform is pitched as a system for transactions that will eliminate the concept of transaction fee while ensuring rapid transfers for the users. Apart from this the transfer speeds are swift because they don’t need miners to conduct confirmation, as is instances of digital currencies such as Bitcoin etc.
But, according to the white paper released by the creators of Nexty The primary use of Nexty is meant for new e-commerce companies in order to assist in generating public funds. Because there is no transaction or transfer times that are extremely fast (2 seconds! It’s almost in real time) and confirmation fee, the fund-raising will become hassle less. The coin is shrewdly targeting the online stores since it creates an ecosystem where these stores will be accepting NTY coins from consumers. Visit:- https://www.puridge.co.jp/media/
The concept behind NTY is to make everyday online transactions a pleasant experience. This team of NTY is made up of Blockchain experts and seasoned marketers. Some members of the team have between ten and 12 years experience working in the full-stack development as well as marketing.
Some of you might argue that Nano – also known previously in the past as Railblocks, XRB – is already performing the same functions similar to NTY. In fact, XRB coin is unique because it uses its proprietary block-lattice data structures. This is why each Nano account is backed by an individual blockchain that helps reduce the time to transfer transactions for speedy transfers. Additionally, the XRB is energy and resource efficient and doesn’t require a top end GPU systems for transaction execution. But, Nano doesn’t come with an ability to use smart contracts. Smart contracts are meant to be exchanging triggers for any crypto currency. They can be used to exchange funds, real estate, stocks, or any other tangible or intangible object of a financial worth. Smart contracts also eliminate brokers from the equation as they allow our crypto for exchange assets flawlessly. Other than this, however, NTV and XRB (Nano) are almost identical. Another key feature of the Nexty platform is its integration into other e-commerce software, such as Joomla. According to the developers of NTY the integration will take 3-4 hours max.
In order to achieve the balance of supply and demand of the NTY, the platform includes a built-in intelligent Staking program. The program provides rewards and credits when buying selling, trading and holding Nexty. The system is meant for both investors and everyday users too.
The capability and capabilities of Nexty or Nano platforms is vast. Just imagine a world where crypto replaces conventional wallets and transactions are quick! For instance, if an entrepreneur at a store accepts BitCoin and you pay with it, it may not deliver the product or service until the transaction is verified by a number of minors. And now re-imagine purchasing goods and services through a currency that’s quickly transferable with no transaction fee independent from any minor verifications!