Despite all the progress, the seed phrase loss or theft remains the most concerning issue due to the irreversible loss of funds and assets
Self-custody is risky because the secret key can be lost. Custodian-based storage is also risky since your account can be hacked, leading to theft of your funds
Cold and warm wallets require you to hide or back up the secret phrase, creating a potential point of failure that can lead to loss or hacking. Custodial wallets are also vulnerable, as impersonators can take over your account.
NXTLayer does not store any personal information or secret keys on its servers, making it arguably one of the most secure platforms in the world.
NXTLayer is based on an extensible L1 Blockchain that protects your keys
NXTLayer is open source. If you store your funds in a closed source cold or warm solution, then you risk losing your key as the code or parts of it can be malicious
NXTLayer is designed to be compatible with all major wallets. You can use ours or use your own wallet. Chances are WiWallet is alreay compatible with your wallet
You want to transfer your digital assets to your heirs only upon your death.
WiWallet supports various assets, including Bitcoin, Ethereum, Solana, XRP, and Dogecoin.
Hackers can exploit personal information or password, hack into your files, cloud or computer and steal your secret key and funds.
To prevent this, NXTLayer doesn't use any personal information
NXTLayet has built-in multisig support for all chains, making it ideal for corporations, families, family offices, or anyone seeking to protect their assets
We never ask for your email, ID, phone number, or seed phrase backup. If anyone requests this information, they could be jeopardizing your assets.
NXTLayer is a trustless and decentralized solution, ensuring you can always use the platform without restrictions or bans. Built on a decentralized blockchain, WiWallet guarantees no one has access to your keys, and no entity can stop or prevent you from using the system.
Over 1.7 billion people worldwide lack access to financial services, primarily in developing regions like Sub-Saharan Africa, South Asia, and Latin America. Many remain unbanked due to the risk of their personal items being hacked or lost, making identification difficult for banks. NXTWallet addresses this by protecting identities without requiring personal information.
AI, deepfakes, and other impersonators can execute phishing attacks and deceive even the smartest individuals.
However, a circle of intimacy among friends, coworkers, and family can prevent such scams. Coworkers can ask specific questions about recent tasks, or events and family members can ask personal questions that are not available online, making it nearly impossible for AI to impersonate.
When a user loses his phone, he need to get a new one and install the NXTWallet app.
The app generates a new seed phrase, that kept hidden from everyone, including us.
The user then contacts his social circle, who must identify the user and click on his name in their app.
Once enough helpers verify the user, access to the accounts is restored.
The system is zero trust and zero knowledge, meaning helpers have no access to the secret key, and the user can block any unauthorized recovery attempts
The NXTLayer security technology is compatible with most blockchains including Bitcoin, Etheruem, BNB, XRP, Solana, and many others.
Transactions are secured with user names and not obscured with public addresses
Protection is secured via our decentralized ledger that protects the configurations, status and users
Transactions are secured with user names and not obscured with public addresses
Protection is secured via our decentralized ledger that protects the configurations, status and users
Here we will answer your most common questions
NXTLayer supports all chains
NXTLayer is based on a decentralized blockchain, which means that is has some serious advantages. For example the user can ask to be notified when the recovery process has started. and be able to turn it off.
He can then remove those who initiated the recovery from the group of helpers.
You can always use our free service.
The blockchain technology is probably the most secure technology in the world
ERC-4337 Does not work on networks without smart contracts like BitcoinAddresses need to be defined for each network separatelyMembers need to be careful not to lose the pre-defined address There is no tracking of members who no longer use the walletThere is no way to track or stop the wallet being hijacked by membersThere is no protection against phishingThere is no tracking if the members are protected against loss of the wallet
For wallets like Argent, they have over a million users today but they only work in EVM.
NXTLayer keeps track of all the users and the helpers and provides the user with a lot of information.
For example, whether his helpers have helperes by themselves.
In other words, if the assistants die, whether it is still possible to save the helper’s wallet.In addition, the user can know whether the helper is active in the system or not. These means allow the user to receive alerts and manage the system or, in advance, not to choose assistants who do not have helpers, thus protecting himself.
The system uses validators. Assuming that we want everyone to be a validator without the possibility of centralized control (being permissionless), then to prevent a 51% attack, we would need tokens.
You could operate the rest of the system with other currencies, but to maintain consistency we decided on one currency.
In NXTLayer, a new secret code is created after each wallet recovery.
This provides a great advantage because if the user is worried that the wallet has been compromised and the secret code has fallen into the wrong hands (for example, if the phone was sent for repair), then the user can initiate a recovery and get a new secret code which will invalidate the previous secret key and make to old key not functional anymore.
Other solutions necessitate users to conceal and back up their secret key or password, posing security risks and a single point of failure if the backup is lost or compromised by hackers.
When the secret key is held by a custodian, there's a risk of identity theft, where the custodian might be tricked into releasing the keys, potentially leading to data or fund theft by hackers impersonating the user.
NXTLayer offers a system compatible with nearly all existing wallets, safeguarding data and funds from phishing and hacking attempts
Until now, if someone passed away without leaving instructions on how to access their digital assets or cryptocurrency funds, these could be lost forever.
NXTLayer solves this with social recovery. Your heirs can ask your helpers to transfer control of the assets to them.For assets that can't be transferred directly,
NXTLayer transfers control without moving them
If you import a secret key, our app splits it into encrypted fragments and sends them to decentralized servers. Alternatively,
NXTLayer can generate its own key and work with your current wallet.This storage method is like how Bitcoin is protected by miners or validators.
Avoid centralized, closed-source systems as they rely on humans and can't be verified for trustworthiness
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