Author

Topic: [ANN] NextyCoin - the First Cryptocurrency: Instant Transfer with Zero Fees - page 113. (Read 41765 times)

member
Activity: 322
Merit: 10
Is there a specific number of coins that you want to freeze, to be able to get a new one?
No.
newbie
Activity: 11
Merit: 0
newbie
Activity: 8
Merit: 0
member
Activity: 322
Merit: 10
Out of the 3 main attributes I like the free transfer fees the best.  After everything that has been going on with rising fees with BTC and ETH.  I do have a question is pNTY the same token as NTY and just has a different way of looking at it.  Does occupy the same space and just group some together and call them pNTY, as if were a roll of Dollars or a roll of coins?
1 pNTY = 10,000 NTY. We just group together.
member
Activity: 322
Merit: 10
Do the bounty earned pNTY tokens generate NTF too? Do the bounty partecipants get NTF tokens?
Yes, if you buy the minimum of NTY.
member
Activity: 322
Merit: 10
awesome ! i can't believed. Instant Tranfer, Zero tranfer fess & Price stabilization system. Wow, i hope and trust this project is going to the successful. Good time to invest. I have read ur Whitepaper. huh? But i have a question for you, DEV ? What makes you pay so high stake ? And, do u plan on creating mobile applications? Smiley
Stake fluctuates and holders deserve for it. Yes, will be released in Feb 2018.
member
Activity: 322
Merit: 10
Hello, Intrigging concept you have got going on here. I'm wondering, will there ever be a downloadable wallet or is the currency purely web based?
Downloadable wallet will be released in Feb 2018.
member
Activity: 322
Merit: 10

Beside that the project is really well prepared seen from the white paper and ANN thread, it has three deciding facrors which are instant transfer, zero fee and price stabilization system, and also peer to peer. Things that cannot be found in other cryptoccurencies if it's succed. It also has dual cryptoccurency confirmation system, an unique system that cannot be found in another crypto. One little question, what will be done if there are some unsold tokens left? Will it be burned or kept for future development? And have you prepare the exchanger to listing this token?
Unsold tokens will be used for interest payment in Lending Program and Smart Staking Program.

As stated in our roapmap, it’ll be in Feb 2018.  
member
Activity: 322
Merit: 10
Could you give more info on the blockchain technologies behind the NTY coins ? On which blockchain is it based ?
Nevertheless interesting concept.
It's based on Ethereum code base but it's an independent cryptocurrency.
member
Activity: 322
Merit: 10
As bitcoin fees is increasing, we need other alternatives, Nextycoin can provide that with Instant Transfer, Zero Fees and Price Stabilization system.
We can see the future is bright for NextyCoin.

By the Way, Where can i download the nextycoin wallet?
Will be available in Feb 2018.
member
Activity: 322
Merit: 10
How can you utilize a zero transfer rate if it is ethereum base?
Although Nexty is invented by Ethereum codebase but it's an independent cryptocurrency. We have Dual Crytocurrency Confirmation System to process transactions. NTF which has a limit of 10,000,000 will be used to verify and confirm NTY transactions. It means that NTY transactions cost zero fee and NTF holders will receive rewards instead of verification fee. NTY transactions do not require verification fee so transfers are instantly and smoothly made.
member
Activity: 322
Merit: 10
It looks a good venture and concept, from where I can download windows wallet ?
Windows wallet will be released in Feb 2018.
member
Activity: 322
Merit: 10
Good idea with instant transfer.
How is this done, are there no confirmations of transaction?
With the Dual Cryptocurrency Confirmation System, all transactions will be transferred in near-instant (only delayed due to Internet connection) at no cost.

Dual Cryptocurrency Confirmation System (DCCS), in addition to NTY, Nexty introduces other coin called NTF (Nexty Foundation).

DCCS immediately processes NTY transaction without fee. NTF will be used to verify NTY transactions and holders of NTF will receive rewards at the end of each month instead of receiving immediate transaction verification fees as commonly found in other Cryptocurrencies. Moreover, just NTF holders have privileges to mine NTY and NTF's total supply is extremely limited: only 10,000,000.

With Nexty ecosystem model, NTY coin will increase its value, resulting in the increase in NTF value.

No transaction confirmation.
member
Activity: 322
Merit: 10
Instant money transfers with low Commission and paid for in any store.
Tempting future.
What about decentralization and anonymity?
It's the decentralized platform.
member
Activity: 322
Merit: 10
This project looks promising.

In particular, the most interesting one in 3 key points of Nexty is the Zero Transfer Fee.

But I have some doubt about this: How the holders of NTY can earn if there is zero fee???

However the instant transfer is the best bog idea.

 Good luck.
Zero fee transactions are helpful for e-commercial startups in raising funds from community and startups will help us to build the ecosystem. The more NTY is used in transactions, the more it becomes valuable.
member
Activity: 322
Merit: 10
OK, nexty coin looks promising

i have some questiosn though. you say instant transaction ,and i would love to see that. What timing are we talking exacting? 0.1 seconds transactions? 1 minute? I would love to see a technical explanation.

ALso, the zero fee per transaction is awesome, but is there a protection versus attacks that could spam the network with infinite transactions in order to clog the network?
Good luck ^^
Considering Internet connection, transactions are completed as quickly as searching by Google.

We have Dual Crytocurrency Confirmation System to process transactions. NTF which has a limit of 10,000,000 will be used to verify and confirm NTY transactions. It means that NTY transactions cost zero fee and NTF holders will receive rewards instead of verification fee. NTY transactions do not require verification fee so transfers are instantly and smoothly made.
member
Activity: 322
Merit: 10
Where can i buy this coin?Huh
Please sign up App.nexty.io and log in for the sale date. You are advised to deposit ETH before buying.
member
Activity: 322
Merit: 10
So I must hold NTF to mine NTY?  What type of algorithm will be needed (if its PoW)?  Or does holding NTF automatically mine NTY?
Yes, only NTF holders have privileges to mine NTY. Please visit our whitepaper for more details.
member
Activity: 322
Merit: 10
Thank you for this project. Since I'm a newbie here, I don't know  what does DCCS means.
Dual Cryptocurrency Confirmation System (DCCS), in addition to NTY, Nexty introduces other coin called NTF (Nexty Foundation).

DCCS immediately processes NTY transaction without fee. NTF will be used to verify NTY transactions and holders of NTF will receive rewards at the end of each month instead of receiving immediate transaction verification fees as commonly found in other Cryptocurrencies. Moreover, just NTF holders have privileges to mine NTY and NTF's total supply is extremely limited: only 10,000,000.

With Nexty ecosystem model, NTY coin will increase its value, resulting in the increase in NTF value.
member
Activity: 322
Merit: 10
This is a very promising project. I'm very happy to join in the early phases of development.

Like so much te Zero fees!

But I'm not clear if this is an Ethereum token or an indipendent crypto coin... I can use it with my Ether wallet???

Nexty is created based on Ethereum codebase but it's an independent crypto currency.
Jump to: