Ethereum (ETH) came into market boasting that it could be the next big thing in the market, but so far it has not managed to achieve that goal and does not even seem ever to do that. It has has been proven to have so many weaknesses, and that can undoubtedly be evident by its falling popularity in the market. It seems nobody wants to hear about ETH anymore. People are turning to more reliable cryptocurrencies like NTY that have proven to be the most reliable ever. Some of the obvious weaknesses of ETH include:
1.Price Fluctuation
ETH has never been in a position to establish a stabilized pricing system. Its prices keep on changing every day. This creates uncertainty and drives away customers since nobody wants to keep worrying about future fluctuations.
- Slow Transaction Speeds
Compared to some faster cryptocurrencies like NTY, the transaction speeds of ETH are really low. If you are used to having instant transfers, you will be much disappointed when you try to use ETH. They have very laggy delays that will keep you waiting for long.
- It is Complicated to Use
The nexty is one significant weakness of ETH. Even for the advanced developers, they will find ETH platform hard to understand. The company has not invested in making their site simple for use. They don't have proper documentation or guide that would direct their users for simplicity. This is definitely a significant drawback.
- ETH Has Scary Security Risks
Every user wants to have the assurance that their cryptocurrencies are secure. But ETH users don't have this assurance. The site has been exposed multiple times as being a key target for hackers. The owners seem to be actively contributing to this due to their site instability. This has made ETH become a very soft target for even the novices in hacking.
ETH VS NXT
NTY has proven to be a better choice by far as compared to ETH. Since its introduction in 2013, its popularity has continually been on a sharp rise, and many people are choosing it as their best cryptocurrency. ETH has so far not offered anything different from the other cryptocurrencies that would make it uniques. Actually, everything they seem to have been introducing has worked against them and has caused people to desert them.
On the other side, Nexty platform has been very creative and has introduced many cool features that have become darling to many. Some of these wonderful features include the zero transfer fees, instant transfer, price stabilization, the simplicity of use and affordability. It has made the community its key focus, and that's one everybody loves it. It has managed to solve the problems that are evident in other cryptocurrencies like ETH.
How NTY Can Solve These Problems
The Nexty platform is the solution to all the problems experienced in other cryptocurrencies like ETH. It can solve these problems through the following ways:
- The Transfers Occur Instantly
Tired of the sluggishness of ETH transfers? NTY is your answer to this problem. They have a cool feature of Instant Transfers which ensure that the transfers occur in real-time. No need to wait even for seconds for a transfer to occur, it's just instantly!
- Price Stabilization System
One of the major worries of cryptocurrency users is about price fluctuations. NTY has addressed this problem by setting up a very advanced price stabilization system consisting of an exceptional choice of a team of experts and advanced software that ensure that the prices are kept stable.
- Simplicity of Use
Nexty is the easiest platform to use. They have well-detailed documentation and guide to use. Even for the users with little or no technical knowledge at all, they will find this platform to be straightforward to use.
4.NXT Has Zero Transfer Fees
Never again accept to be charged for any transfer. NTY has developed a dual confirmation system that ensures that what you send is what you receive. Never be charged for a transfer.
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Telegram: https://t.me/nexty.io
Twitter: https://twitter.com/nextyio
Website: https:nexty.io
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Great article! I didn't know about it.
Talking about ICOs, after doing your own research, also finding good ICO projects can be profitable.
I want to share with you guys a new exciting project I have just discovered: RAWG.
Look at this article where the team explains:
“Why the games market needs RAWG”
https://medium.com/rawg/wp-bits-1-why-the-games-market-needs-rawg-ccf039c0bae7
The ICO will start in a short period and they are at the moment in pre-ICO phase. This is the site: https://token.rawg.io/. It's a video game discovery platform that converts your skills into goods and services (the site is already working, with more than 57,000 games in the database).
Have a look and get some information while doing your own research!
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