The Nexty project — fast and convenient electronic payments

ico-club (25)in #nexty • 6 years ago

PROJECT LINKS

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

Electronic payments form an important part of the modern commercial infrastructure. Constantly appear new projects, that offer users quick payments with a minimum commission size. Especially often, these projects are based on the blockchain technologies. A distributed database allows you to store huge amounts of data with maximum protection of user information.

Various blockchain-projects, which appear on the modern cryptocurrency market, most often compete with each other in the speed of transactions and the number of commission fees. The Nexty startup provides its customers with the most favorable commission rates and the optimal transaction speed. More in this article.

THE NEXTY - REVOLUTION IN THE ELECTRONIC COMMERCIAL SPHERE

The Nexty’s cryptocurrency project offers its customers not just quick transactions and minimum commissions. The platform provides its customers with optimal conditions for instant transactions with zero commission.

The most popular blockchain platforms have not only advantages in terms of protecting user data but also a large network load. Sometimes it takes a few hours, or even days for the transaction. The Nexty digital platform guarantees its users instant transactions, confirmed by preliminary tests. The development team won several times while demonstrating the capabilities of its blockchain network. Even taking into account the further increase in the number of transactions made every second, the capacity of the Nexty platform constantly increases due to the integration of new algorithms and technologies into the blockchain system.

To expedite the conduct of transactions, the procedure for payment and its confirmation is simplified as much as possible. In order to send funds to another user wallet, you need only the address or QR code of the recipient. Even with the maximum load on the network, the time of confirmation of one transaction will not take users more than a few seconds.

NEXTY’S MAIN WORKING ALGORITHMS

The platform is based on the Proof Of Foundation algorithm and the dual cryptocurrency system. Due to the existence of two different cryptocurrencies within one platform, efficient algorithms for adjusting the price of each of the tokens are achieved. The main payment token is the NTY token, it circulates within the framework of the Nexty platform. An additional token is NTF and its a part of the platform’s affiliate program.

The bonus program of the platform assumes the accrual of bonuses for the active use of payment tools available to the user. Depending on the number of NTY tokens that are available on the user's account and that have been used as payment means in transactions, the Proof of Foundation algorithm calculates a certain percentage of the reward each month. At the moment, the remuneration number is 0.5%, but over time, the rate will be reduced. Do not worry about it — over time, the price of NTF tokens will grow along with the cost of the main token of the platform — NTY.

After one year of using the platform, the amount of the remuneration will decrease by 0.1%, and so every year. In the future, after 4 years of existence of an account on the Nexty platform, the monthly remuneration will be only 0.1% of the active funds on the account. Taking into account the average growth trends of cryptocurrency tokens in the modern crypto-market, the cost of bonus tokens will be quite an impressive amount.