NEXT.chain — The Blockchain for DeFi applications.

NEXT.chain Unique Selling Points

the power in the chain 💪🏻

  • Proof of Stake with Masternode validation;
  • Merge mined with Bitcoin, making it attractive for miners;
  • API integration for 3rd parties;
  • Asset creation and allocation;
  • Governance;
  • Aliases support, so instead of a long address, send it to ‘Pieter’;
  • Instant and private transactions at lightning speed, up to 10k TPS.

NEXT.chain asset creation and allocation

So what exactly does this mean? The ability to create assets on our blockchain is embedded in the chain by default. As you all know, the success of Ethereum was due to the ability to create assets and smart contracts, facilitating crowdfunding and allowing programmable interactions between a project’s decentralised solution and its native currency.

  • The asset ID
  • The symbol/ticker
  • The interest rate. Yes! Staking directly on the blockchain !!
  • The block height
  • The balance
  • A memo, so we are ready to accept payment messages. “Welcome, PayAccept.”

OK, that’s asset creation sorted. How else can we expand the ecosystem and gain exposure?

ERC20 <> NEXT.chain bridge

The Bridge, a bridge where we connect another blockchain to NEXT.chain. With this, we can tap into a multi-billion token market that is suffering high transaction costs. And it works in both directions.

That’s great but what about all those existing ERC20 projects? The grass is greener over this side!

The Bridge works for all ERC20 tokens!! As we grow, more and more tokens will take advantage of the ability to cross over to the Next.chain to utilise the speed and reduced fees, and cross back again at will, without the need to leave or migrate their current blockchain. This creates added value for all tokens to enable a whole new decentralized economy, without high fees and with lightning-fast transactions on a very powerful blockchain. We are ready!

Staking of NEXT

As we abolished the shared staking program as of January this year, we have been working worked on a solution that allows holders to stake NEXT and receive new NEXT as a reward from the marketing fund that the team has been holding for quite some time. Staking and liquidity farming are attractive instruments for new investors to invest in a token. We hope to be able to give a new twist to NEXT with these two initiatives. And our staking has just been deployed and is ready on https://stake.next.exchange. It will provide 10% APY. If you are looking for more then become a masternode holder and buy NEXT on P2PB2B, they currently receive over 20% APY.

Liquidity Farming

Liquidity Farming is a method of benefiting from returns by making liquidity available. For example, a person interested in the project and who wants to receive NEXT can give liquidity to one of the pools where NEXT is traded. As long as the token and liquidity remain available in the pool, they will receive a 0.3% transaction fee from each NEXT changed through Uniswap. To qualify for this, NEXT will create various pools in which liquidity can be placed. To ensure that NEXT is properly listed on Uniswap, adequate liquidity is necessary. This means that investors can participate in this program at a fixed rate, so they buy the NEXT token at 50 cents per token (entry price). NEXT, thus obtains liquidity by places this liquidity on Uniswap at a higher price (the listing price). Thus, due to the quantity of transactions, the pool receives NEXT tokens from the trades. NEXT will therefore organize a liquidity-providing event at a fixed rate that investors can enter. This ensures that NEXT will gain attention, with NEXT.chain presented as a DeFi blockchain and NEXT as the underlying asset.

Improvements of NEXT.exchange (built on top of NEXT.chain)

As you are all aware, are trading volumes are still fairly low. We’ve had some ups-and-downs, but are still strong and moving forward. We started by developing a hybrid exchange that is executed directly on the blockchain, and the high fees are killing the take up. Even Uniswap has this issue, and many others are complaining about high costs.

Conclusion

NEXT.chain has been stable in mainnet for over two years and connected with over 200 master-nodes worldwide. These peers facilitate instant transactions while miners write the blocks in the blockchain. NEXT.chain is an extended bitcoin-core blockchain with zk-snarks technology, a novel form of zero-knowledge cryptography where transactions are verified in milliseconds. This makes NEXT.chain perfect for DeFi transactions where traders enjoy high transaction speeds at the lowest costs, and with a bridge in place the NEXT.chain is accessible for many many projects. NEXT.token will give holders extended reach and possibilities, while NEXT.exchange will be the leading exchange, running on top of NEXT.chain and make trading available for all digital assets.

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NEXT.chain

NEXT.chain

Blockchain with lightning transactions and low-costs. Perfect for DeFi applications. Build on bitcoin-core with tokenization and smart-contract support.