Nano and Nexty: Are these real and practical alternatives available? Let’s find out!
Blockchain is no longer a hip-geek conversation! Bitcoin has revolutionized the way many of us have seen currencies, books, money transfers and transactions. The beauty of all virtual currencies is that almost every one of them is trying to solve the problem. And here is our interesting coin – Nexty. During registration, the similarity of the Nexty platform will be compared to the Nano – XRB to gain a better understanding of this platform.
Simply put, the Nexty platform is presented as a transactional system that eliminates the notion of transaction fees by providing ultra-fast translation to facilitate users. In addition, transfers are ultra-fast because transactions do not require miners to confirm, as is the case with other virtual currencies such as Bitcoin, etc.
However, according to information released by the creators of Nexty, the main use of Nexty is for newly created e-commerce businesses to help get government funding. Since there are no transactions, ultra-fast transfers (2 seconds! And that’s pretty much real time) and confirmation fees, fundraising will be less. The coin is surgically targeted at e-commerce stores, as this will develop an ecosystem where these stores will accept NTY coins from shoppers.
The NTY concept makes daily online transactions smooth. The NTY team consists of Blockchain developers and renowned marketers. Some team members have ten to 12 years of experience in full stack development and marketing.
Some of you may argue that the Nano – formerly known as Railblocks, XRB – already performs the same functions as NTY. The XRB coin is a bit unique because it uses the block lattice’s own data structures. Because of this, each Nano account has its own blockchain that reduces fast transfer latency. In addition, the XRB is energy efficient and does not require a high-end GPU system to execute transactions. However, the Nano does not come with a smart contract feature. Smart contracts are designed to exchange triggers for any cryptocurrency. These contracts help to exchange cash, real estate, stocks or any tangible or intangible financial value entities. Smart contracts are also crowding out the need for brokers, seamlessly translating our crypto into asset exchanges. Apart from this one difference, NTV and XRB (Nano) are more or less the same. Another important feature of the Nexty platform is its integration into existing e-commerce applications such as Joomla. According to NTY developers, integration takes a maximum of 3-4 hours.
To balance supply and demand the NTY platform comes with a built-in reasonable rate program. This program offers bonuses and credits for buying, selling and maintaining Nexty. The system is designed for investors and daily users simultaneously.
The capabilities of the Nexty and Nano platforms are huge. Just imagine a world where crypto replaces regular wallets, and transactions are fast! For example, if a store owner accepts BitCoin, he may not transfer goods and services to you until the transaction is confirmed by a number of minors. And now rethink the payment for goods and services in a currency that is quickly transferred with zero commission for transactions, regardless of minor checks!