What is NEXT.Chain- The Next DeFi Powerhouse

Ethereum has ushered along a new frontier of decentralized financial applications that are fully permissionless, open, and transformative in several aspects.

It has done so, however, on a trial basis and at a significant cost. Ethereum offers a platform for these decentralized applications to also be constructed on, but it has not been equipped for widespread adoption.

On the Ethereum network, simple transactions can cost up to $10, and communicating with smart contracts can be many times more costly. Though Ethereum’s undeniable popularity has resulted in a massive DeFi community as well as large amounts for both decentralized exchange and the total value stored, its infrastructure is certainly not equipped for high deployment.

This is where NEXT.chain enters the picture. NEXT.chain is built on the foundations of pioneers like Ethereum and Bitcoin to build a DeFi-ready chain that businesses and customer’s requirements use for all their decentralized finance needs.

Next.chain is a powerful instant-transaction blockchain built on top of the Bitcoin core and augmented with features including tokenization and master node cryptographic protocols.

Smart contracts on the Next.chain allow the user to:

• Offer digital exchangeable assets such as shares, bonds, and other types of securities.

• Generate a range of collectibles (nonfungible tokens).

• Build and manage decentralized/sovereign attributes.

• Other types of arbitrarily defined smart contracts can be built and run.

Why NEXT.Chain?

So, what distinguishes NEXT.chain from its competition? The project is based on Bitcoin-core, but it adds several new qualities and functions, such as a Proof of Stake consensus system and a Masternode network, that build on a framework of very well, proven technology. It validates for faster transaction speed and privacy-enabled exchange.

Also, it enables this to tap into the Bitcoin mining community by offering a merge mining choice, which encourages even community members and developers to get and expand on NEXT. It’d be amplified by the addition of an API for third-party integration.

The ease with which assets can be issued on the NEXT.chain is sure to appeal to future and upcoming businesses looking for specific digital smart contracts which are dynamic yet stable, with negligible risks.

Time and applications will tell if it is truly the next level of DeFi adoption.