Nexus: Taking Blockchain into the Future


Phoenix, Arizona, December 13, 7:00 pm – Colin Cantrell, the designing architect and engineer for the cryptocurrency Nexus (NXS), will be making a presentation to the Phoenix Blockchain Meetup https://www.meetup.com/blockchaintech/events/235316119/ on the deficiencies and limitations of Bitcoin and how his visionary next generation cryptocurrency Nexus, will carry cryptocurrency into the future. Bitcoin’s greatest limitation is in the fact that it is designed to be a trustless system, yet requires trust to use. This trust requirement is in the centralized mining pools, the politics, security of exchanges and online wallets, and the way the protocol operates with honest and dishonest nodes.


Bitcoin also suffers from centralized mining using ASIC computers from giant mining operations. This puts the control of Bitcoin in the hands of only a select few operators. Nexus was designed to be highly resistant to centralized control. Nexus uses a combination of Nexus Proof of Stake (nPOS) and 2 forms of proof of work algorithm: CPU mining by looking for dense prime clusters of numbers that are 308 digits long, and GPU mining calculating a hash using Skein and Keccak of 1024 bits making Nexus ultra resistant in cryptographic strength and long term use as quantum computers to continue to reach more people.


Nexus seeks to mitigate these issues with new architecture, new developmental technologies, and new physical infrastructure in order to take blockchains and crypto currencies into the future. Some other notable security features of Nexus is private keys that are 571 bit that can be 2.5 times the length of bitcoins but in retrospect multitudes stronger than what bitcoin uses which is 256 bit. Skein and Keccak hashing are also acting together to secure each other in the respect that if one of them becomes more insecure from partial or full collisions being found like SHA1 and some of the SHA2 hashing that is currently in use, it provides a fallback for the security of the second algorithm helps to secure the primary.


Bitcoin started off as an experiment sent out on a mailing list, where many thought that it never could work due to many failures in the Digital Currency front. Blockchain technology is now an integral part of the future; moving humanity away from the obsolete systems of centralized control. Bitcoin can be compared to the vacuum tube which were used for the earliest giant sized computers and radio amplifiers, Nexus is the transistor that makes it possible to have a super computer in our pockets.


Colin is an entrepreneur and innovator who used his years of experience in the aerospace industry and 13+ years of Software Engineering to develop the necessary solutions for the growth of the technological base of Crypto Currencies. Since 2014 he has been developing Nexus, after becoming involved in Bitcoin in early 2013. He also is researching and developing new energy systems that will contribute to more sustainability in the future including hydrogen, electromagnetics, provides humanity with the technology that lowers our cost of life while increases the quality of life.


Nexus is currently one of the top 100 Cryptocurrencies and is positioned itself as the next generation of cryptocurrency designed to dramatically improve the blockchain model by being able to handle more transactions, faster confirmations, 3-way decentralized block production, as well as significantly stronger encryption than Bitcoin.

Bitcoin Halving 2016 T minus 8 hours and counting!
Morpheus Titania
Its 2016/7/9 1:54 am Arizona Time, its about 8 hours 6 minutes and 55seconds to the Bitcoin Halving. In just a few hours the Bitcoin mining reward is going to be reduced from 25 bitcoins to 12.5 bitcoins every time the miners find a new block. This is an exciting time in history and an exciting time in crypto-currency. I have been talking about this event to all the people I do buziness with. That's not a typo. When I do business with Federal Reserve Notes (some would call them “Dollars”) its business, when you do it with Bitcoin, it's Buziness.
A great deal of people believe that a Federal Reserve Note IS a Dollar; however, nothing could be further from the truth. The Coinage Act of 1792 says:
Dollars or Units DOLLARS OR UNITS--each to be of the value of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy-one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver.
This law which is one of the earliest laws enacted by congress and signed by the president George Washington. It declares what a standard of measure a dollar actually is. At the time, Spanish Milled Dollar was one of the global standards of measurement for money. The new government though it would be best to have the united States unit of measurement to be the same as what was standard at that time. This is no different than having the inch or the pound to be the same as what was commonly used at the time. This law has never been repealed.
These Federal Reserve Notes we use as money are not Dollars they are negotiable instruments that are backed by nothing except DEBT. I laugh when I hear that that we live in a capitalist country because there is zero capital.  How can a debt be capital? The Government, Banks and Media have fooled most of the people.  WAKE UP!   
Back when the United States was first founded, it was much more important than today for elected officials to actually pay attention to the founding documents of the country, than they pay lip service to now. Article 1 Section 8 of the Constitution, stipulates exactly what the United States congress has the power to legislate:
The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defense and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;
The first clause of section 8 are the words “general Welfare” up till 1933 in the Butler case, “general Welfare” meant “distributed equally”. If the government had $100,000 it wanted to distributed and there were 10,000,000 people in the country then everybody gets a penny. However, in the Butler case the court redefined “general Welfare” to mean anything the government thought was good for the country. That's like saying a cup of water is the Atlantic Ocean.
This is how governments operate: if the ones who are “running it” don't like the rules, they just change the definitions. If you don't like the changes they make to “help you” then, they usually say “just move”. This is one of the big benefits of bitcoin it flattens hierarchies by operating on a consensus based model instead of a fear based model, "Political power grows out of the barrel of a gun", as Mao Zedong would say.
Clause 4 gives them the power to regulate money. They already had experience with hyperinflation and the the continental Dollar's value becoming worthless.
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
Money is a unit of measurement similar in nature to an inch, a pound or a grain except that a “Dollar” is REQUIRED to be exactly 371.25 grains of pure silver, this was the standard of measurement. The reason for standardization is to facilitate trade. If one person has unit of measure and the other person has a different unit of measure that is going to make trading very difficult as not only do the traders have to agree on value, quality, quantity of the goods or services they also have to agree on the value and quantity of the money.
Thus with standardization, people did business in gold and silver because they were exchanging a thing of value like a chicken, corn or textiles for something else of value, a metal coins that were standardized. The asset being sold, took a raw material like the chicken plus human labor to raise them for another raw material like silver plus human labor to mine, refine, weigh and stamp that gave it, it's value. An equilibrium was achieved and trading was performed. The person with the asset got the silver and the person with the silver got the asset. Both participants lives were improved, as trading is not a zero sum game.
The values of items were based on the immutable laws of supply and demand. For example if I have a common paper cup it has a value however there are millions of cups and they are fairly easy to make. Their value might be 1-5 pennies each. However if all the machines that make paper cups were to break and I have the only paper cup in the world, the value of the cup I own is now much, much more. This is true for anything that human beings desire in the 3 dimensional world. Supply and demand determine the value of everything. Usually it is the attributes of the thing that give it value, not the thing itself. The cup is a machine, it's attributes are that is easily holds more drink than I can hold in my hands.
Bitcoin has attributes that human beings attest to money: scarcity, durability, authentic, portable, divisible, storage of value. Anything that has these attributes IS money. If it walks like a duck and quacks like a duck...its a duck. These attributes have been attested to money for millennia. Because Bitcoin is digital though, it creates a schism in the mind of some people. They somehow believe that money, which is a construct of the mind, has to exist in the 3 dimensional world, in order to be “real”. Many of these people say only gold and silver is real money. That is ok, they don't have to accept Bitcoin for what they think has value.
The challenge I have for these people is right now, I can use bitcoins to buy anything I want from overstocked.com, book a hotel with expedia.com, register a domain with domains4bitcoins.com or namecheap.com, get a gift card at hundreds of business through gyft.com or buy from hundreds of small businesses like delicious pizza from classiccrustpizza.com
The only thing I can do with gold or silver is exchange it for “dollars”. No one I know of does business in precious metals. I wont deny I like having them. They just aren't convenient to do business in. Its really hard to make change with gold and silver. With Bitcoin on the other hand, I can always make change. Like a check, a person could write a check for the exact amount that was owed. The check would clear as long as you had enough money in the bank. You just never really knew until the money was in your bank whether the check was “good” or not. These days most people have direct deposit and online banking so not as many people use these “negotiable instruments” anymore.
On top of the attributes that legacy money has Bitcoin has other features that give it more value than the fraudulent legacy money. Bitcoin is counterfeit proof, it is impossible to have a fraudulent transaction or fake Bitcoins. A bitcoin “account” cannot be frozen or censured because the banks or governments do not create or control them. They cannot regulate Bitcoins because the government cannot control the immutable laws of math. Bitcoin transactions are between 2 parties and therefore difficult to track, governments HATE this. Transactions in bitcoin are validated approximately every 10 minutes so funds are available much quicker than legacy banking systems. All these attributes contribute to the bitcoin price right now of of $654.07
In the next 6 hours and 29 minutes the mining reward is going to be reduced from 3600 new bitcoins per day to 1800 new Bitcoins per day. The supply is going down, and every single day new bitcoin users are born, so demand is going up. I don't know what the price of Bitcoin is going to be in the future, I don't have a crystal ball. I do know that the price of bitcoin was $12.25 on November 28, 2012, the last time the mining reward halved from 50 to 25. One year and a day later it was $1132. Will It do that again, I don't know. I do know this: history doesn't always repeat itself, it does like to rhyme a lot.
Were Bitcoin to go up again like that it would probably be a good idea to have at least one. Worst case scenario you buy bitcoin and goes to zero, yea you loose $650, the other side is it goes up 92.4x and Bitcoin is $64,500 you don't want to think “if only”.
For me I am all in. I believe the crypto-currency phenomenon is the future.  My bitcoin trading pays for everything I do. I haven't had a job, making millionaires rich for the last 2.5 years. I'm semi-retired, I meet my friends all over town, we talk, have some coffee and then they give me money to convert to bitcoins. I do business with only with those I want to and when I want to. My buziness partners want to do buziness with me, because they trust me and we have a solid relationship. No headaches, no customer service, no employees, no building, no bookkeeping; the product one size fits all and colorless, never goes bad, always functions as promised, impervious to the elements or temperature. What could be better than that?

BTCitcoin with Morpheus on 1100 AM KFNX

Phoenix, Arizona, April 4, 2016 8:00 pm –  BScotFreeman http://bscotfreeman.com/ will be interviewing Morpheus Titania on 1100 AM KFNX call in 602-277-5369.  Morpheus is the one of the most prolific Bitcoin Traders in political area commonly known as Arizona.  Morpheus has been involved buying and selling Bitcoin since February 2013.  Since then, he has been in the trenches promoting the next greatest technological  innovation since the invention of the Smelter, the Printing Press and the Internet...Bitcoin.

Morpheus became aware of Bitcoin in February 2013, when a friend gave a talk about the possibilities available through blockchain technology.  All money has 6 properties: Scarcity, Durability, Counterfeit-proof, Divisibility, Portability and Storage of Value.   Bitcoin has all of these properties. At that time people had already been using it as money for almost 3 years.  In fact, the first known trade was done on May 22, 2010 when 10,000 bitcoins were traded for $25 worth of pizza. Back in February 2013, those Bitcoins were worth $220,000 and today those same Bitcoins are worth almost $4.2 million. After the presentation, Morpheus was on fire and immediately took action and found someone to sell him some Bitcoins.

With Bitcoins under his control, it was off to the races.  He began by placed several ads on a Bitcoin related site localbitcoins.com https://localbitcoins.com/accounts/profile/MorpheusTitania/ and selling to the people that were looking to buy Bitcoin anonymously  on that site.  In August 2013, he started attending a Bitcoin meetup, to network with others wanting to buy and sell. Morpheus has had a booths at various trade shows like Phoenix Home and Garden show, Libertopia and Phoenix Prepperfest.  He has also offered interviews on “Bad Businesses” with Byan Laurel and Melissa Epstein and on 2 Small Biz guys

It took Morpheus only 12 months of Bitcoin trading to build up enough steady business partners, that he was able to retire from a full time job. He is now semi-retired, trading Bitcoins. He runs a successful buziness with zero employees, no building, no physical inventory, no taxes, no income (except Bitcoins), no permits, no registrations, no regulations, no licenses, no insurance, no customer service, no bank and no bookkeeping!

Right now Morpheus is actively engaged in creating more businesses to accept Bitcoin. Many of the businesses currently accepting Bitcoin in the Phoenix area https://airbitz.co/search?term=&location=phoenix,az are a result of his efforts.  Recently he got Maya NY Pizza involved to accept Bitcoin.

Bitcoin and blockchain technology is more than just an invention, it is a Meme. A Meme is a self replicating idea that causes a cultural evolution. Morpheus is excited every day for the infinite possibilities this technology creates by making obsolete the 2 most unethical institutions in the world: Central Banks and the Governments https://www.titanians.org/the-borg/ that are designed to protect them.