NextSmartChain, a go-Ethereum derivative using the zDAG protocol, has announced a faster, cheaper and more reliable alternative for web3 development.
Eindhoven, North Brabant, The Netherlands, July 29, 2022 /EINPresswire.com/-A go-Ethereum derivative using the layered zDAG protocol, Next Smart Chain is faster, cheaper and more reliable for dApps. Announced a viable alternative (decentralized application) and Web3 development.
This smart contract blockchain platform is built to rival something like Ethereum with breakthrough capacity to process 300,000 transactions per second. This makes Next Smart Chain a reliable platform for decentralized application development by meeting the high demands of (enterprise) blockchain development.
Built by a team of experienced developers working on projects over the past few years, NextSmartChain is a state-of-the-art blockchain network with TPS that is 175 times faster than VISA’s system. The go-Ethereum derivative uses the Delegated Proof of Stake (dPOS) consensus protocol, which exists in over 42 validators, to achieve high throughput and build a secure blockchain much more efficiently.
Simplification of blockchain development
In addition to the network congestion and soaring gas prices realized by the popular smart contract blockchain, many blockchain-based projects have suffered from over-engineering in recent years. As a result, developers looking to interact and build decentralized applications and digital assets spend a lot of time learning advanced programming languages to deploy smart contracts.
The Next Smart Chain solution simplifies the dApp development process by providing an easy-to-use drag-and-drop interface that does not require coding skills. Once created, these assets can be used and traded on the next smart chain immediately.
Another breakthrough solution that Next Smart Chain brings is its incredibly low transaction fees. Compared to Ethereum’s gas prices, which are known to rise by as much as $ 200 at peak times with simple swaps, the cost of the Next Smart Chain transaction is only 0.01 cents, which is ideal for DeFi and NFT applications. Finally, Next Smart Chain has a unique built-in mechanism to recover funds and detect vulnerable code, making it more secure for investors.
Breakthrough DeFi bridging solution
A pioneer of its own currency called NEXT, designed with interoperability and availability in mind, it bridges all tokens on EVM compatible networks such as Ethereum and Binance SmartChain. All blockchain users can board with the equivalent of NEXT’s ERC-20 and BEP-20 without having to reinvent the wheel.
To become a validator for the Next Smart Chain blockchain network, you must bet 25,000 NEXT tokens and earn 20% APY. There is no minimum staking amount for users who want to delegate tokens to a validator. With a maximum total supply of 30.3 million NEXT, there are still plenty of slots to be a complete validator.
A new world of possibilities
As we move forward, Next Smart Chain hopes to accelerate the adoption of blockchain and crypto across multiple industries. When asked about the future of the platform, a Next Smart Chain spokesman said, “Next Smart Chain will be a comprehensive tool with some important decentralized applications that must exist in the web3 ecosystem. Let’s do it. “
NEXT is currently in talks with some of the top 30 exchanges to list native coins. Ultimately, I hope to be listed in the top 5 CEXs. While other blockchain projects are already worth millions of dollars, NEXT is an exceptional real diamond with a low market capitalization of $ 500,000 that has yet to be elucidated. And it doesn’t stop there. NEXT believes that its complete ecosystem can provide a better solution than the already volatile markets of cryptocurrencies of the past. If you are looking for an investment, NEXT is your next shot.
Chris van Stenbergen
Next Foundation LLC
+31 85303 0600
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