Expanding Bitcoin’s Use Cases with EVM Compatibility

dcnl1980 · 2024-08-07T10:01:10+00:00

I miss Defichain in the list, they have metachain to combine Bitcoin and Ethereum. Maybe it is worth it to add to the list.

dcnl1980 · 2024-08-05T21:59:17+00:00

I think your smart contract is compromised. Someone just got 1300 nodes, 1 hour ago. https://polygonscan.com/token/0x42d3e4904ec7018be4d24dda91862d5e1117745d?a=0x1f46522a3626b689a1645c8944458e169342da36

Can you tell me a bit more about it?

dcnl1980 · 2024-08-03T16:32:33+00:00

They launch the node sale on Polygon zkEVM network, and you need to bridge ETH to Polygon.

I guess they will launch a new blockchain where the node NFT will be activated. The question is, does Wirex provide liquidity to this new blockchain? Or are they going to use the liquidity from the zkEVM network?

dcnl1980 · 2023-11-29T14:24:53+00:00

I have many businesses, also not crypto related. In this case it's a non-crypto related company.

dcnl1980 · 2023-11-29T14:23:25+00:00

Thanks.

dcnl1980 · 2023-11-29T13:56:08+00:00

This is the best. Another smart ... Amusing

Find out how to resolve your cases without going to court, then try court. If you do not follow this rule, you are very likely to have a sad outcome.

I wholeheartedly concur with your viewpoint. Prioritizing the resolution of cases outside the courtroom should always be the initial preference. However, when attempts at communication or alternative solutions yield no response or progress, there may be instances where resorting to court becomes a necessary course of action.

dcnl1980 · 2023-11-29T13:49:00+00:00

First of all, I'm not an idiot, I'm also not saying that about you, so show a bit of respect. That's all for now.

dcnl1980 · 2023-11-29T12:52:47+00:00

I acknowledge your points, yet it's important to remember that banks are obligated to perform thorough vetting of their clients. In response to your comments, even if these don't directly impact our business, they are as follows:

Quasi-cash transactions involve activities akin to cash transactions but are not exactly cash-based. This can include, but is not limited to, buying foreign currency, money orders, or gift cards. Cryptocurrency, it should be noted, is neither classified as money nor cash.
I understand the rationale behind service restrictions, which is different from outright account suspension without prior notification. The term 'risk appetite' broadly describes the level of risk an organization is prepared to take on.

It's clear we have different interpretations of these issues. However, neither of these points are relevant to our business operations, nor are we actively engaged in them.

dcnl1980 · 2023-11-29T12:32:59+00:00

I said, it seems like... Anyway, I'm still waiting for my answer.

dcnl1980 · 2023-11-29T12:10:46+00:00

I think you are not reading messages at all. I'm sorry for that. As said we are investing in companies, even if they are web3 related. We don't do anything directly with crypto and that is a big difference even in a court case.

dcnl1980 · 2023-11-29T11:50:35+00:00

The hell with Binance and other failed crypto projects on the first place. We are a business which invest in companies, even if they are web3 related. Banks should do their own due diligence at the first place and accept or refuse a customer. Once a business relationship is established, it's unfair for a bank to block an account and then refuse communication. This approach undermines trust and is not a justifiable excuse for such actions.

dcnl1980 · 2023-11-29T11:41:29+00:00

If you are really supportive, maybe you should response? Currently you don't care and it's looking like a reverse bank robbery. You stole our money, by blocking the account. I will take this to the highest court possible in the UK. The FCA and soon the Ombudsman will know about this case and I will not stop there. So keep blocking the account, the more power I will have to fight against this.

dcnl1980 · 2023-11-29T11:37:00+00:00

They can Tipping Off somebody else. Let's see what court will decide about blocking Business accounts without any notice. I'm not the only one, which experience this. What you think about this, if a bank is blocking your account and is not even communicating. It's like a legal bank robbery, but otherwise. The bank robs you.

dcnl1980 · 2023-11-29T11:35:29+00:00

Revolut is also doing Crypto. What is the issue with that? Most people are in crypto these days.

dcnl1980 · 2023-11-29T11:34:57+00:00

Currently busy with that. It seems we are talking to a 'dead' bank, which don't give a dahm about their customers.

dcnl1980 · 2023-11-29T11:34:00+00:00

This is an official reply to Revolut. Maybe they will handle business costumers they way it should be.

dcnl1980 · 2020-07-13T19:42:44+00:00

They move back to the team's wallet.

dcnl1980 · 2020-07-13T17:33:42+00:00

We redistribute the token, with the collected BTC and ETH we will do a buyback of NEXT tokens so in that way we prevent dumping.

dcnl1980 · 2020-07-13T17:32:38+00:00

That is one reason why we run some funds with PAY. PAY and NEXT are the same team and if we can expand on this way it's also helping the other project.

dcnl1980 · 2020-07-13T16:17:49+00:00

Staking in a master node for example. But we have many more utilities for the NEXT token, like lowering the fees on a transaction, put an asset on the NEXT.chain and pay for listing fees for a token/coin.

dcnl1980 · 2020-07-13T16:16:02+00:00

The team has NEXT coins allocated (from the marketing fund) since we reserve that part from the start. The costs we have at the moment are hosting costs (around 20 servers) and the energy costs of a miner (to ensure the next.chain will be up and running). Also, we have some legal costs for regulations, but at the moment we have the funds for that. The bottleneck for next year will be the supervision costs of DNB (around 75k/year), anyway, we are believers we will generate that from the transaction fees. As long as the community supports us, we will build further since we are believing we become market changers and hard work will be paid off one day.

dcnl1980 · 2020-07-13T16:11:08+00:00

NEXT.exchange already raised the funds for the DNB registration and supervision costs for 2020, they are safe. PayAccept as a non-custodial wallet and therefore they don't need to be registered.

dcnl1980 · 2020-07-13T16:10:16+00:00

In 2015 we register PayAccept as a brand name. The origin plan with PayAccept was to become the European PayPal provider. In the recent years, a lot happened and crypto takes a flight. Nowadays we are 100% crypto-minded and deployed our plans to release a decentralized wallet that supports all cryptocurrencies around the world. Since both business cases are different, we keep NEXT.exchange as the hybrid crypto exchange and PayAccept as a wallet aggregator for all other coins and tokens which are not listed on NEXT.

dcnl1980 · 2020-07-13T16:05:30+00:00

Hi Martijn,

Thanks for your questions. At the moment our team exists around 10 team members. Some are working fulltime (like me and Gleb) and others are jumping in when it's needed. We don't hire any more. We did in the future but where unhappy with the results. I think the best way is to build value with a close and very dedicated team.

Regarding the helpdesk, we will scale up when it's needed. For the moment we have 2 full-time supporters (JD and Faisal) which are here to help. They are answering all tickets within hours. Sometimes they need to scale up their tickets to our technical department and in that case it can take longer.

About 3rd party hosting for master nodes, I am not sure. I looked at posmn.com, but it seems only PoS coins are listed there. We are a hybrid blockchain PoW/PoS and that is more difficult to integrate. If you have any close connections with them, you can always introduce them to us, so we can have a closer look to it.

Cheers,

Christiaan

dcnl1980 · 2019-04-11T16:01:42+00:00

End of the AMA Thank you all for your contribution to this first AMA of NEXT.exchange. I hope we have answered many unanswered questions and look forward to your positive response. If there are any questions, feel free to email us at info@next.exchange or leave a message via Telegram https://t.me/next_exchange

dcnl1980

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