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$NIX documentary was filmed today.
Thanks, @OnDemandRobLowe and @RobLowe , for highlighting NIX Platform's private cross-chain interoperability concept.
Documentary will be produced in the upcoming months - more information soon!
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with the PoS transition, NIX's inflation schedule will be changing drastically as well. Here are the ratios: These numbers calculate to this block reward ratio:
**70% GN, 20% stakers, 10% dev fund.**
**Max supply will be reduced from 175m to 102.5m NIX**, 1.5% dynamic inflation per year goes to stakers(which will most likely be around **5% ROI with 30% of the network staked**), Ghostnode rewards get reduced to **47% of the CURRENT VALUE (17.92 to 8.442)** which accounts to around a **16% ROI at current node levels**. Development fund decreases to about **30% of the CURRENT VALUE (4.5 to 1.28)**. Inflation will be around **3.15m per year and will decrease every 4 years halving period**.
An example on how this effects the NIX inflation, with the current inflation schedule, it would take us 4 years to reach 105m NIX, now in 4 years we will barely be breaking 50m NIX.
Please note that the reduction in ghostnode rewards and development fund rewards correspond to the reduction in fairness of inflation now that PoS will be active instead of a PoW inflation schedule. We have thought about this extensively and have decided that this inflation model is the best representation for long term sustainability. Thank you for all your continued support, we value NIX as an ecosystem built by this community and draw inspiration from everyone involved.
**An official blog post with exact yearly inflation and media announcements will be made shortly today.**
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We are glad to announce the creation of NIX Care. A charity campaign to raise funds in order to help those in need. A new channel has been created to discuss NIX Care related subjects:go to the nix discord for more information Later on two addresses (NIX & BTC) will be shared so that anyone willing to donate can do so. Further information can be found at: https://nixplatform.io/announcements/nix-care/
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NIX PoW to PoS switch within next 4 weeks CNN CNBC interview in about 8 weeks NIX Marketing kick off in Q4 2018 DEX Manager in Q1 2019
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The new $NIX specifications for #PoS 🚀 Staker reward: 2% guaranteed inflation (~4.5 NIX / block). Ghost Node reward: 18 NIX. 🌙 Development fund reward: 4.5 NIX.⚒️ Total Block reward: ~28.5 NIX. 💰 Block time: 2 minutes. 🕒 Block halving every 4 years 🏴☠️
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Nodes going up as market crashes shows nix’s power, only the beginning 💪
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__**Don't have enough NIX for a Ghost Node?**__
If you join the Nix Vip club you have the option of being able to get a shared Ghost Node (pooling Master Nodes), that will be ran by the team, so you are 100% safe! You can ONLY pool with other Nix vip club members! You must have at least 10,000 NIX to pool, you can pool with 10,000, 20,000 or even 30,000.
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__**Don't have enough NIX for a Ghost Node?**__
If you join the you have the option of being able to get a shared Ghost Node (pooling Master Nodes), that will be ran by the team, so you are 100% safe! You can ONLY pool with other members! You must have at least 10,000 NIX to pool, you can pool with 10,000, 20,000 or even 30,000.
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Crypto Sharks pool would like to support our miners and give back! The fees have been reduced by 10x to 0.05% and we will cover all tx fees! Lets mine some NIX 😎
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new pool “hash-hard-pool” for mining NIX - admin: Kreker
Get your gpus going!
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Theres currently 309 masternodes locked down! Numbers keep increasing in a steady pace! Thats 12.3 million nix locked down! Dont miss this chance to get your node while its still cheap!
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