Step 1: Download the file, which fits your operating system.

https://github.com/NextSmartChain/next-binary

Step 2: Run the executable and connect to our mainnet:

./next --genesis mainnet.g --datadir=mainnet

Step 3: It should sync automatically, if that is not the case, open another terminal and run:

./next attach mainnet/next.ipc

This will bring you into the CLI (console) of the node.

Step 4: Add the peer to get connected to the network

admin.addPeer('enode://50c26e68d5b834ee1f0b66ea335c6d86b398670b504ee7482c07606440eec05b6a7bf144e0340790a2220e0efc1a5e81ec1531cb472341dfb80a17cb9d080e82@95.217.231.40:5120')

The network is going to sync, it will takes a few minutes. You can exit the console, by typing exit

Thanks to become part of the NEXT Smart Chain network.

Get connected to NEXT Smart Chain was originally published in NEXT.exchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

It has been a while since we blogged on medium. This is largely due to the many developments that have taken place in recent times and multiple organizational developments that have also been made. We will present this in a short blog now with the intention of discussing this in more detail in further individual blogs in the near future.

NEXT.exchange, NEXT.chain and Payaccept

These names have appeared together frequently as of late. It will take some getting used to for a newcomer, but both names fall under the same parent organization and all work in the field of blockchain technology. NEXT.exchange is a decentralized trading platform which was launched last year and already has over 50k registered users. NEXT.chain is a blockchain with significant adjustments to the original bitcoin protocol, allowing faster transactions to take place at lower costs, and PayAccept is the payment service provider that allows e-commerce shops to pay with crypto, offers debit cards and becomes a fiat-crypto gateway for NEXT.

Is NEXT a result of PayAccept?

NEXT and PayAccept are not separate from each other; they work closely together in the field of developments, partnerships and marketing. So, if they are mentioned together in the media like PayAccept and NEXT, then you know why. The only thing that is separate, is the organization. NEXT and PayAccept are sister companies and this is related to the regulations that will apply in the near future.

In addition, we want to maintain the decentralized ‘freedom’ at NEXT, where we can list as many digital assets as possible, while PayAccept must screen everyone with KYC proofs. That also brings us to the following:

PayAccept comes with its own blockchain, why?

PayAccept has thoroughly examined whether next.chain can use the blockchain application for its own payment infrastructure. After all, PayAccept is not a cryptocurrency exchange and has a completely different business approach than next.exchange. PayAccept needs liquidity pools on the blockchain, whereby all validators (the paynodes) must fully comply with KYC verification because they are an important part of the global payment network. This is in contrast with NEXT.chain, which now has 250 decentralized masternodes where the nodes are publicly traded; it is impossible for PayAccept to comply with the established regulations. This does not mean that PayAccept does not use NEXT.chain or vice versa. For both, there are many utilities to using each other’s blockchain. For example, the NEXT.chain offers access to liquidity and for PayAccept, the possibility that assets can be traded.

Using cooperative resources

Because it is almost impossible to maintain effective activities with a small team’s communication and attention divided across 3 sub-brands, we have chosen to jointly share the communication resources. This allows all projects to receive the same amount of attention! This will also be noticeable in the statements that we will be making in the near future and in the posting of the blogs and social media announcements.

Ultimately, it is about all products being launched, so that each party benefits from it. We do note that the budgets for all projects are separated from each other and that it will remain so. But by deploying development and marketing resources that are already present within the organization, we save a lot of costs that can result in marketing or expansion of staff, for example.

Further growth

In recent weeks, our team has been further expanded with the following people:

Olga — marketing and communication specialist
David — blog and content writer
Gary — visual and graphic illustrator
Owaka — Go blockchain developer
Chris — telegram moderator

Partnership with a stock listed company

PayAccept announced its partnership with NSE last week, which was a result of many talks between both companies. Since New Sources Energy N.V. is a public and listed company on the Amsterdam’s ‘Wall Street’, a lot of hurdles has been taken to collaborate and to carry out the energy transition together, whereby we are accommodating the ‘grid’ on the blockchain. Think of meter readings, but also the energy generation and consumption, which can then be traded on ……… (we’ll leave the dots open for a while). We expect to be able to bring more news about the effects of this further collaboration soon.

What’s NEXT

On Wednesday 12 May 2021, we are launching the NEXT.chain platform. The launch may have taken a little longer than expected, but it is difficult to estimate how long these things will take with the ongoing developments to consider and factor in. What we do know, is that it has to be good and it also has to form the basis for further growth. The launch of the platform is the ‘showpiece’ and offers everyone the possibility to create, claim and send assets, including a web-based wallet from NEXT and also PAY (the native coin) in the foreseeable future. Work is still underway on the bridge, if we cannot release it on Wednesday, we will open a form so you will be able to manually bridge between NEXT and Ethereum. The details will be published on Wednesday.

Within a short period of time after launch, we will be onboarding new assets and scaling up marketing with a referral platform.

Finally, now that we have a communication specialist in our midst, we will publish several blogs at least every month, where the CEO provides an insight into the organizational developments and his vision and a developer’s blog, where the developments are communicated. With this we give a sharp shot of improvements that we can use to embark on further professionalization.

— — -

For more information or if you would like to stay informed, join us on the combined group channel on telegram via https://t.me/nextpayt

Joining forces was originally published in NEXT.exchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

Today we achive the milestone of the generation of block 1000000 (1M) on NEXT.chain. It has a long journey and I think it’s also a good moment to tell our story so far.

We know communications have been quiet for a while, but we want to assure all of you in the community that it wasn’t for nothing.

In our short absence from blogging, we have been working incredibly hard in the background to get everything up and running. We have been rapidly growing our knowledge and looking forward to the future and how we can best benefit those that have been on our journey with us from the beginning. A lot of positive things have happened in the 3 years since our early investors joined us and the rewards are on their way!

Before we continue it is important that we remember that NEXT is far more than a simple exchange. We have constructed our own native blockchain (NEXT.chain) that is secured with over 200 masternodes capable of creating digital assets with super-fast and super-low-cost transactions.

NEXT chain is next generation, and offers unique features that are not available through any other channels. If you experience the slow blockchains as a NEXT.exchange user, the transition to NEXT.chain will be one to wait for, where transactions will be smooth, simple and cheap.

The necessity of the creation of NEXT.chain arose from technical challenges surrounding transactional issues within NEXT.exchange. High cost and slow speeds were not up to our expected standards and as soon as we recognised these shortcomings, we immediately set about the task of developing the NEXT.chain. As with all new businesses on the frontline of technological and financial advancements, there is a degree of adaptation and modification required to navigate previously unexplored territory. We aim to make the experience for investors old and new (especially those that have been with us since the beginning) as profitable and painless as possible.

The NEXT.chain is now the epicentre of the ecosystem we are bringing into the market, buoyed by a new team of developers and marketers who are leaders of their respective fields and are capable of helping us to realise our goals. We will share more insight into the roles and activities of our developers in future blogs.

We released a successful IDO for the further developments for NEXT.chain in order to keep this project firmly on track and in line with our aims and goals and are now developing a web-based frontend and mobile application that includes digital assets within a click.

Most excitingly, this platform will be launched on Wednesday and will provide the catalyst to our billion-dollar project aspirations!

In order for us to achieve this success we need to merge NEXT.exchange and NEXT.chain into a fully functional and complete ecosystem. We recognise that we have investors that invest solely in the exchange and others than invest exclusively in the IDO. By amalgamating NEXT.exchange on top of the NEXT.chain, the goals can be realised. Both domains will exist on a shared platform with NEXT.chain on top and functions below it.

This change of strategy will benefit the whole community and we have a robust plan to ensure this is successful. It is our intention to first launch with assets, so our investors can create them and transfer them. Secondly. We will launch the swap where everyone can trade their newly created assets against fiat, bitcoin, ethereum and many other wrapped assets.

In our shared vision, the growing community here is our most valuable asset and we are dedicated to making this business venture a success for everyone involved.

Yours sincerely,

Chris van Steenbergen
Founder of NEXT.exchange and NEXT.chain

Our story so far! was originally published in NEXT.exchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

Some members of the community wondered why it is so quiet. For this we apologise as it was not our intention, but the significant development activity in recent weeks took much of our attention. Strategic planning has also been progressing in parallel, to align the future of NEXT with current and expected industry needs. Below we discuss these developments and our strategic approach.

The current market is suffering greatly with substantial transaction costs. Bitcoin and Ethereum are surging, but so are the costs of transacting in these heavyweight currencies. The market is looking for a much better solution to empower DeFi.

Many forget that NEXT is much more than just an exchange. We also have our native blockchain (NEXT.chain) born on April 23th, 2019, secured with over 200 peers (masternodes) today and capable of creating/digitizing assets, with superfast and super low cost transactions. Exactly what DeFi needs right now. In coming period, we will therefore focus more of our attention on NEXT.chain’s DeFi potential (whilst still progressing our plans for Next.exchange — more about that later in this blog).

NEXT.chain Unique Selling Points

the power in the chain 💪🏻

NEXT.chain’s is built on bitcoin-core, but expanded with:

• 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.

Here is the complete list with comparison showing how Next is streets ahead of the big chains in functionality, operability, security, speed, and cost:

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.

Although it is fully possible, we have chosen not to deploy smart-contracts on NEXT.chain just yet — this will be the subject of later strategy. Many projects over recent years have suffered from over engineering. Making blockchain interaction too complicated and time consuming. So first we have developed the ability to simply create new assets and tokens with a few clicks of a button. After creation these assets can be immediately distributed to others on the NEXT.chain. This simplicity should attract new and existing projects, and by bringing these communities onto our ecosystem the chain and the exchange will grow. These projects and their communities can crowdfund (NEXT.genesis), and can lock up their liquidity so it’s directly tradable on NEXT.exchange. We still have a little work to do here, but the development has been progressing in leaps and bounds.

Why would these projects choose NEXT.chain? With our quick asset creation the answer is simplicity, together with our network of masternode validators, near instant transactions executed at low cost, the answer is obvious. This means that our blockchain users can quickly create and trade decentralized assets without paying high gas prices or waiting around.

Last week we launched the token ‘TEST5’ on NEXT.chain. The information which we capture is:

• 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.”

Below you will find the asset information in JSON, and we also include the price of the transaction. It was 7850 NEXT sats (around $0.00023).

Since the transaction prices are fixed it won’t make any difference when the price of NEXT reaches the moon. Even when NEXT outpaces Ethereum and Bitcoin, the transaction costs will be less than 15 cents.

So how will it look for the user who wants to create an asset on the website?

Simple and effective. And yes, we can enable crowdfunding (IEO) as well. We facilitated the successful XEP presale a few weeks ago. A good start, and with staking enabled, any and all assets and tokens can easily switch over to a better (NEXT.)chain.

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.

Currently, the NEXT coin is limited by only trading on p2pb2b and NEXT.exchange. By bridging with ERC20, we can trade on Uniswap, store the token in Trust or on the Ledger, and get a colossal community’s attention. This is how the bridge looks now — fully developed and ready to enrol:

NEXT.coin and NEXT.token

NEXT is the native currency of NEXT.chain, the super-fast blockchain on which sits NEXT.exchange and later on many more projects. The value of the blockchain is valued with its native currency. The more projects on the blockchain, the more value the underlying coin will receive. NEXT will also be the currency to trade with other assets on the NEXT.chain and get benefits such as early access to presales.

NB: Masternodes get the most APY, but need to stay on the NEXT.chain because Masternodes validate the transactions in the mempool.

The NEXT.token (ERC20 and later on Binance Smart Chain) is the token that will flow between other blockchains and expand the possibilities of the NEXT ecosystem, maximising exposure and thereby adoption. We have a perfect blockchain, but it will come to nothing at all if nobody knows about it, therefor some great marketing will accompany this great exposure across other large blockchain ecosystems.

We are combining the best of both NEXT and ETH worlds, and with the 1:1 bridge you can switch your NEXT across multiple blockchains. Maximum power and strength for our currency and its holders.

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 2 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.

The above is needed, as without liquidity on Uniswap there would be no trading.

NEXT will release a marketing blog and liquidity providing program to ensure new investors are aware of the potential NEXT has to offer. The timing is now if NEXT is to take an advantage and succeed.

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.

The solution is that we have decided to move over to wrapped Bitcoins and Ethereum on NEXT.chain. Wrapped means that we put these assets on top of NEXT.chain instead of their native underlying blockchain technology. By doing this we get rid of the ridiculous blockchain fee’s and users experience instant and fast transactions during their swaps and transfers from main to trade wallets. This is a massive improvement and will enhance NEXT.exchange further.

These developments will be deployed step by step and take some time. Yes, we are aware we need to scale up, but the move to NEXT.chain is the right move and the most logical option. During this move, the exchange will continue as it is. When the development is finished, we will migrate with a seamless transition — we will then be unstoppable.

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.

2021 will be the year that NEXT takes off / takes over!

Thanks for reading, and we hope you are as excited as we are about these developments and future plans. There will be a further blog over the coming days.

NEXT.chain is the blockchain that DeFi is waiting for was originally published in NEXT.exchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

The blockchain industry is growing and maturing at the same time. With a global market cap of almost 1 trillion dollars, this has become a lucrative market for hackers and scammers. Centralized exchanges (CEX) being successfully targeted by hackers while investors on decentralized exchanges (DEX) often fall prey to buying look-a-like tokens. NEXT.exchange brings the comfort of a CEX, with the security of a DEX. A bold claim, but in this article we’re going to look how the NEXT ecosystem compares to its market competitors.

To understand what we’re trying to solve we must first understand the underlying issues of today’s market.

Centralized Exchanges (CEX) act as a custodian of the user’s digital assets. A CEX gains full control over every single asset on its platform which works more or less like a traditional bank brokerage platform, owning all client funds.

These assets are almost always collected in a few “hot-wallets” of the exchange, which as it grows is transferred into a “cold-wallet”. It makes users place all their trust in a third party to manage their digital assets. If the private key is lost or the company goes bankrupt, the user’s assets will also be inaccessible.

In addition, the hot wallets used by a CEX are a kind of “honey jars” that attract hackers or lead to internal theft, as we have seen in the brief history of digital assets.

Decentralized Exchanges (DEX) acts merely as a marketplace or routing layer. The user has full control over their digital assets through the issuance of private keys. Transactions take place peer-to-peer, from one user portfolio to another, without the intervention of an intermediary, exactly as described in Satoshi Nakamoto’s Whitepaper.

These types of exchanges offer unique wallet addresses for each user, however, decentralized exchanges are often slow & complex in use, are expensive and offer low liquidity. There is no control over the users and they have limited customer service.

What if we could get the best of both worlds, a Hybrid Exchange (HEX).

The user interface of NEXT.exchange is designed to address different user profiles. These user profiles vary between beginner crypto investors and semi-advanced crypto traders. Overall, the user experience will look and feel: simple, smooth, smart and intuitive. The NEXT.exchange user interface is therefore split into a Basic and Advanced exchange.

In a volatile market, trading on the go is a must have for every trader. In addition to the web version, NEXT.exchange is developing a mobile application for iOS and Android devices, which is directly connected to the NEXT.exchange blockchain. It offers the user the possibility to obtain decentralized access to its digital assets.

With user individual wallets we’re tackling one of the biggest security issues of centralized exchanges. While users keep control over their assets by holding their own private key, the risk of a hack attempt will decrease greatly as far less assets will be in a single wallet at the same time. In the rare case of an attack, NEXT has state of the art security in place to prevent any attack from being successful.

The NEXT.exchange blockchain is designed to handle a large number of transactions. In comparison, VISA can process 1,736 transactions per second while Bitcoin only processes 4.6 transactions. To match VISA, Bitcoin has to scale up three hundred times. Bitcoin’s blockchain is unable to do this. Ethereum has applied an improved throughput speed so that 30 transactions per second can be processed, but that is nothing compared to NEXT.chain. The NEXT.exchange blockchain is capable of handling 30,000 transactions per second. This is because NEXT.exchange has equipped its blockchain with central nodes, the so-called “masternodes”, these masternodes handle all transactions worldwide and write them on the underlying blockchain.

NEXT.coin is at the center of the entire NEXT ecosystem. It’s the blockchain’s fuel. NEXT holders have multiple benefits in our ecosystem, these include but are not limited to:

Exchange fee discount
NEXT holders have a special place in our ecosystem. They’re trading at our platform with a 50% fee discount.

Masternode Rewards
By locking 25.000 NEXT in a masternode, you contribute to the safety of the network and are rewarded NEXT by doing so. Setting up a masternode is quick and easy with our how-to guide.

Fee re-distribution
What makes NEXT truly unique is its underlying value. Revenue earned from NEXT.exchange trading fees minus operational costs are being redistributed to NEXT holders with 5000+ NEXT in their NEXT.exchange wallet. The better the exchange performs, the more NEXT holders benefit.

Conclusion

Blockchain adoption is experiencing exponential growth, and rightfully so. To facilitate this growth, a safe and secure environment is required while improving on the current User Interface and Experience. NEXT.exchange is getting ready to revolutionize the crypto space and you can be a part of it. Did you get excited about the NEXT project, join the talk at our Telegram. Want to become a NEXT holder? NEXT is tradable at P2PB2B and our very own NEXT.exchange.

NEXT.exchange —Introduction to the future of trading was originally published in NEXT.exchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

Choosen by the public, we’re extemely excited to announce that the bridged version of Energy Web Token (EWTB) is now tradable on NEXT.exchange. Energy Web has an amazing community, voting their way to the #1 spot in our recent Twitter poll. What is Energy Web and what makes them special? Read all about it in this article.

Energy Web is accelerating a low-carbon, customer-centric electricity system by enabling any energy asset owned by any customer to participate in any energy market.

The Energy Web Token Bridged (EWTB) is the bridged EWT token of the Energy Web Chain, a public, Proof-of-Authority Ethereum Virtual Machine blockchain specifically designed to support enterprise-grade applications in the energy sector. Please make sure to not send this token to exchanges that trade EWT, the native token. Swap it first using the bridge.

About Energy Web

Energy Web (EW) is a global nonprofit organization accelerating a low-carbon, customer-centric electricity system by unleashing the potential of open-source, decentralized technologies. EW focuses on building core infrastructure and shared technology, speeding adoption of commercial solutions, and fostering a community of practice.

In 2019 EW launched the Energy Web Chain, the world’s first open-source, enterprise blockchain platform tailored to the energy sector. EW’s technology roadmap has since grown into the Energy Web Decentralized Operating System (EW-DOS), a full stack that includes front-end applications and a variety of software development toolkits. EW also grew the world’s largest energy-sector ecosystem — comprising utilities, grid operators, renewable energy developers, corporate energy buyers, and others — focused on open-source, decentralized digital technologies.

EWTB is an ERC-20 token that represents the native utility token of the Energy Web chain (EWT)

The Energy Web Network

The Energy Web Chain is one of the only public blockchains among any industry worldwide whose validator nodes are run by known corporations, many of them are some of the largest and most-respected energy companies globally, current validators can be found on validators.energyweb.org

As with most public blockchains, the EW Chain features a native first-layer utility token, the Energy Web Token (EWT).

The token serves two main purposes:

1. protect the network against misbehavior
2. compensate validators via transaction fees and block validation awards.

Users and application developers are not required to use EWT for their own applications beyond paying for transaction costs on the EW Chain.They can use cryptocurrencies or fiat currencies as well as second-layer tokens native to their particular applications.

Supply information
Circulating supply 32.90 million EWT
Total supply 61.02 million EWT
Max supply 100.00 million EWT

It’s very important to only send EWTB to the NEXT wallet, not native EWT. The NEXT/EWT Team wishes you happy trading! For more information you go to the Energy Web website or join the conversation at Telegram.

New Listing — Energy Web Token (Bridged) was originally published in NEXT.exchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

Another week, time for a quick look at the progress made. Here are some of this weeks highlights:

• Trading fee integration
• Enchanced darkmode
• Project listings
• A lot of bug fixes
• Giveaways

Fee integration is live

Last week we announced that trading fee integration was in our staging environment. We’ve made a few small changes since, and it has now been deployed to the live version of our exchange. As stated in our earlier update, there aren’t many cases in which users are happy with fee integrations. However, for NEXT holders this is an amazing step towards gaining underlying value for their NEXT.coin as fees accumulated minus operating costs will be redistributed to NEXT holders.

Enhanced dark mode

At our 2.0 launch, dark mode has been introduced. With several bugs found with the help of our community members we now have had the opportunity to improve upon. The new version of dark mode is now at production for everyone to use. We’re still aware that several minor tweaks will be necessary, but all the issues that might prevent users from using dark mode have been fixed.

Several new projects have been welcomed to our exchange

This week has been packed with action as we welcome several new projects to our exchange. At the start of the week we’ve enabled XEP trading on our platform. XEP is currently having a successful presale at our exchange. For information about XEP you can read all about it in our released article.

A lot of bugfixes

With an increase in users using our exchange, we’re getting an increased amount of bug reports. We’re very proud of how well things are going, and our team has been able to fix bugs found within a matter of hours and most user tickets have been solved within 24 hours. Some fixes include, but not limited to: Confirmation not being processed correctly, blockchain fee calculation now dynamic which results in faster transactions, wallet address not being created upon first trade has been fixed.

Giveaways

This week has been great when it comes to giveaways, as we’re celebrating the launch of our exchange. Earlier this week we’ve had 2 lucky users receiving 1000 NEXT for their comment in the Coingecko & CoinMarketCap relisting announcement. Right now there are 2 open giveaways pending: 10.000 followers giveaway & BTC monthly close guess giveaway. Make sure to enter these competitions and perhaps you’re the lucky one!

We’re looking forward to the week ahead. We’re currently preparing a short, easy to understand document with the benefits of NEXT.exchange, NEXT.coin and NEXT.chain. We’re confident that this document will excite users new to our platform for our entire ecosystem. To be continued!

NEXT.exchange Update was originally published in NEXT.exchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

The DeFi industry is growing at a rapid pace. Yet with every step forward comes more strain on the Ethereum network. Transaction fees become even more unsustainable, and with every new DeFi application, there are new security risks, audit requirements, and even higher barriers to entry for new developers.

This isn’t anyone’s fault, Ethereum was just never designed to serve the needs of DeFi, and as a result, it is constraining the growth of the industry. That is the reason Radix is building a layer 1 protocol that is built specifically for DeFi — DeFi is the future of finance, and Radix could be the future of DeFi.

More information about Radix and how it’s holding up against some of the greater names like Ethereum & Polkadot can be found here

Tomorrow Bitfinex will enable Radix trading on their platform, will this pump or dump the price, you decide for yourself. Happy trading!

Welcome to our exchange, Radix! was originally published in NEXT.exchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

The Genesis Vision Project

Genesis Vision is a multimarket social trading platform, built on blockchain technology and smart contracts. We provide a wide variety of opportunities for trades and investors by uniting exchanages, brokers, traders into a decentralised open and fair network. Successful traders can rapidly scale their trading strategies by attracting investments from around the world. The smart contact technology that underlies the platform provides an automated and absolutely transparent system for investment and profit distribution.

It offers traders and investors the ability to trade or invest in Crypto, Forex, Stocks, ETFs, Futures, all from one interface.

GVT ( Genesis Vision Token)

GVT is an ERC-20 token that hosts the following purpose within the ecosystem:

- Managers and traders on Genesis Vision can reach upto 55% trading fee reduction by locking away up to 500GVT

- Deposit GVT into the platform and invest.

- Distribution of platform profits are in GVT.

- CopyTrading subscriptions can only be paid in GVT.

- Quarterly coin burn of GVT equivalent to 3% of all program profits.

- All Funds include a minimum of 1% GVT.

- Circulating Supply 4,426,883 GVT

- Total Supply 4,436,644 GVT

Products

Programs: Managers can open a program in the base currency of their choice (BTC, ETH, USDT, USDC, BCH ) and trade the assets made available by their preferred broker. Once they set their period durations (up to 90 days) they can start trading. Investors can only enter and leave the programs at the stat/end of each period. The managers can end their period early for a profit distribution.

Funds: Currently available for crypto pairs. Managers choose their asset allocation (example: 40% BTC, 25% ETH, 25% LINK, 10% GVT ) and can rebalance their portfolio periodically. Investors can enter and exit the Funds at any time. Each fund must allocate at least 1% of its portfolio to GVT.

CopyTrading: Managers can choose to provide signals. In such an event, investors are allowed to copy trade the manager having more discretion over when to exit a trade (or all trades) if they do not like the set up.

We hope you’re just as excited as we are. Genesis Vision is now available on NEXT.exchange with BTC/ETH/NEXT. Happy trading from the NEXT & GVT team.

Genesis Vision now available on NEXT.exchange! was originally published in NEXT.exchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

NEXT is happy to announce that XEP is now tradable on our platform! With adding XEP to our renewed platform, we’re kicking off our first in a many to come series of listings. Want to know what makes XEP unique and why we’re listing them first? Below a few of the highlights.

Electra Protocol with ticker XEP is a product of the combined abilities, skills, and talents of an ever-growing community of coders, developers, core business professionals, and other contributors. The project is built on a highly functional and feature-rich blockchain with a stable and solid foundation. Electra Protocol has continuously been subjected to multiple stages of validation, and through this process, only the most valuable changes have been adopted and integrated into the project.

As features have been added and improvements continue to be made, decisions are subjected to intense review and enhanced as needed. A key component to Electra Protocol’s strength is its ability to adapt and consistently meet the needs of an ever-changing global environment.

Electra Protocol is a unique cryptocurrency project in many ways, as it did not have an ICO (Initial Coin Offering), it has no CEO, and is no centralized authority. It truly is a community-based project.

Here are a few of the XEP features

Ticker: XEP

Algorithm: SHA 256

Confirmation/Block Time: 80 seconds

Block Size: 10MB

Transactions/second: Approximately 1600

Consensus: PoS v3.0e

Coin Maturity: 12 Hours

Electronic Payments: Yes

Atomic Swaps: Yes
Lightning Network: Yes

SegWit Integration: Yes

Taproot: Yes

Electra Protocol uses PoS algorithm which gives users the option to mine blocks and earn rewards by keeping their PC wallets online and confirming network transactions.

Are you as excited as we are? With XEP trading enabled you can now be a part of this amazing community. We wish you happy trading!

XEP listed at NEXT.exchange was originally published in NEXT.exchange on Medium, where people are continuing the conversation by highlighting and responding to this story.