Nexty platform DCCS and Zero transfer fee

in nextyplatform •  7 years ago 

The Nexty Platform is a proficient ecosystem built on a blockchain technology and offers individuals convenience in the instances of transactions and payments. A Dual Crypto Currency System (DCCS) and instant transfers with zero fees are the significant features enumerated in the Nexty Platform. The Next Coin on coinmarketcap has somewhat redirected the spotlight on supporting businesses and organizations of different magnitudes, with the primary objective of overcoming challenges concerning payments. These challenges at times can be dominant in
the system of international payment, as such, there are high transaction fees and the periods of payment are slightly too long. The cryptocurrencies and blockchain technologies have therefore emerged as the best alternatives because of the convenience they offer concerning cost, security, and speed.

The Dual Crypto Currency System (DCCS) which is part of the Next Coin on coinmarketcap, is integrated into the Nexty Platform
and involves the NTY and NTF, as the two primary cryptocurrencies. The NTY coin is somewhat different from the NTF coin in that; the NTY currency possesses a comprehensive transaction confirmation system. The design and architecture in DCCS are purely peer to peer and s tailored to achieve a given set of predetermined operational requirements. The NTF holders tend to get rewards in the form of cryptocurrency at minor rates after completion of the sealing around, whose time frame is 30 to 360 minutes. Maintaining the transaction cost at zero is the primary advantage of this system. Also, contributors to the transaction confirmation system stand out to benefit.

The instant transfer capability offered in Nexty outmaneuvers other payments which are built on the blockchain. The platform in Nexty can process a block within a 2-second window, whereas other platforms such as Ethereum and Bitcoin take an average of 15 seconds
and 10 minutes respectively. Concerning transactional costs, the platform Enumerated in Nexty offers zero transactional charges, unlike Cardano, Ethereum, NEM, and Bitcoin platforms charges for every transaction made. About the personnel and equipment, a consensus
algorithm integrates with the Proof of Foundation (PoF) which acts a compliment for the transaction confirmation system of the Dual Crypto Currency System (DCCS), by the generation of bonuses which sustain the transactional operation.

The Nexty Platform can support two party smart contracts without
any external interventions, by leveraging on the Block Chain network. The terms of the agreement between the parties which are involved are directly written in the lines of code, which are then constructed into contracts which are standardized via a computerized analysis done by the underlying blockchain technology. Also, Next Coin on coinmarketcap, concerning the Nexty Platform, allows the swapping to Ethereum directly between the various block chains. The NTY Coin holders can trade these NTY coins for Ethereum in the NTY to Ethereum Idax Exchange.

With the primary aim of increasing efficiency and reliability, the Nexty Platform has a convenient mobile application for all of its users. The Nexty Mobile Application enables its users to have NTY wallets in their smartphones, hence making the process of day to day transactions convenient. These wallets allow the various users to explore their account activities, and make payments and transactions.

Telegram: https://t.me/nexty.io
Website: https://nexty.io

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