Nano and Nexty: Are these real and practical alternatives to money? Let’s find out!
Blockchain is no longer a hip geek-talk! Bitcoin changed the way many of us view currencies, books, fund transfers, and transactions. The beauty of all virtual currencies is that almost everyone tries to deal with a problem. And there’s the coin of interest to us, Nexty, running. At the time of writing, the similarity of the Nexty platform will be compared to the Nano – XRB to better understand this platform.
In a very simple way, the Nexty platform is conceived as a transaction system that will eliminate the concept of transaction rate, ensuring high ease of transfers to users. Apart from that, the transfers are very fast as the transactions do not have to be confirmed by the miners, as in the case of other virtual currencies like Bitcoin.
However, according to a white paper released by the founders of Nexty, Nexty’s main use is aimed at newly created e-commerce businesses to help generate public funding. Since there are no transactions, the transfer is very fast (2 seconds! And that’s in real time) and there is no confirmation fee, so the fundraiser will go smoothly. The coin is being targeted at e-commerce stores in surgery because it will cultivate the ecosystem, as these stores will accept NTY coins from buyers.
The concept behind NTY is to have a smooth online shopping experience. The team behind NTY is made up of Blockchain developers and established marketers. Some team members have between ten and 12 years of experience in battery development and marketing.
Some may argue that Nano – formerly known as Railblocks, XRB – is already performing the same functions as NTY. The XRB coin is a bit special because it uses the data structures of its network blockchain. Therefore, each Nano account has its own block chain which reduces latency for fast transfer. Apart from that, XRB is energy and resource efficient and does not require a large GPU system for transaction execution. However, Nano does not have the capabilities of a smart contract. Smart contracts want to exchange launchers with a cryptocurrency. These contracts allow the exchange of funds, real estate, shares or any tangible or intangible entity of financial value. Smart contracts also exclude the need for brokers to exchange our cryptocurrencies for error-free. Apart from this difference, NTV and XRB (Nano) are more or less the same. Another important capability of the Nexty platform is its integration into e-commerce applications like Joomla. According to NTY developers, the integration takes a maximum of 3-4 hours.
To achieve a balance of NTY demand and supply, the platform has an integrated smart betting program. This program provides bonuses and credits for the purchase, sale and holding of Nexty. The system is designed for both investors and everyday users at the same time.
The capability of the Nexty and Nano platforms is tremendous. Imagine a world where cryptocurrencies replace traditional wallets and transactions are fast! For example, if a store manager supports BitCoin, some minors may not provide the goods and service before confirming the transaction. And imagine again with a currency that you pay for goods and services quickly with zero transaction fees, independent of small checks!