NEXT

Connext Network, also denoted as CONNEXT, is a layer 2 blockchain infrastructure that aims to scale the Ethereum network by leveraging state channel technology. State channels are an off-chain method of increasing transaction speeds and decreasing costs by allowing transactions to occur off the blockchain with the final state being recorded on-chain. The Connext Network allows for instant, low-cost, and trust-minimized transfers and micropayments of Ethereum tokens, dramatically increasing Ethereum's scalability. The network is non-custodial, meaning that users have full control of their funds at all times. Importantly, Connext also facilitates cross-chain communication, letting assets move fluidly across different blockchains. Before choosing to invest in any part of the Connext Network project, potential investors are reminded, as with all cryptocurrencies, to do their due diligence and understand the technology and inherent risks involved.