To reduce the incentive of wasteful mining (hardware arms race) and foster useful investment (invest in the coin, don't give away your money to amazon and AMD) BNs only will be mining.

Currently i am getting opinions on this, consulting more learned devs and have the rudimentary idea down, it's just adding a basic check that does a look up on every new block to see if it was mined by a BN key.

In pseudo code that would be


But this is only really useful if we can significantly lower the hashrate such that solo mining is effective.

To that effect , I am trying to find someone who really understands multi-threading so we can improve the internal miner's performance. So once
1) Miner is improved
2) Hashrate is sufficiently suppressed
3) Code is reviewed and vetted

We'll have a BN only mining situation.

The workload is huge so expect many delays , but we'll get there. Right now i am trying to wrap up work on the messaging GUI  then i can focus on the voting system, once that is done, i hope to figure out a way to append the bidding results to getblocktemplate (so it is compatible with all miners and pools) and also write corresponding changes to the p2pool code. Once that is complete i need to define, plan and write the code for having multiple levels of nodes and test it out especially how it will determine the payout for a node. This of course will be done at the same time that i will be writing the functions of colored coins/assets into the core.

After the next update i will likely go closed source to protect some of the ideas. 

EDIT: We are a team of coders, we have never done an coin before. If somethung is not clear please leave us questions/doubts below.


There will be ICO launch within next 2 weeks, if you want to be aware of it please comment below for updates.[/center]

So which is it? You are the very public figure you claim to be or the secret dev of six, or is it only three other coins right now.




I see stupid people.

It should be noted that he posted that in January. 
 
I am looking over both whitepapers now. 
 
https://github.com/john-connor/papers/blob/708f488c8c17e08a12bc4bdb4fc5ac1e2aaf6e24/zerotime.pdf 
http://vanillacoin.net/papers/vanillacoin.pdf   
 
The papers talk about how whenever a transaction is sent, that node will check a hiearchy of nodes (including a masternode?) to see if the majority of them have accepted it; if they have, then it will accept it too with no questions.  I have some serious mathematical issues with how this will work in real life. 
 
In any case, this currency is getting pretty big and if there's something behind this, then great: I will be a massive supporter.  But if something's fucky, it's time to find out.

More nodes staking does help secure the nPoS channel yes, so thank you for helping

As to Trust Key expiration if you don't stake for 1 day your key will expire requiring you to get another genesis transaction and create a new trust key starting at 0.5% interest. Most likely going to increase the expiration time to 1 week or month, depending on what you guys would like so if you have suggestions to how long you would like the expiration time to be, let me know

Vanilla has had a lot of attention, but under false pretense such as: The Angel Investor was actually John Conner.
There are also some false claims such as their staking being more energy efficient, when it is an exact line for line clone of Peercoin, just rewritten in C++ 11.

Another thing for you VNL holders, don't trust Zero Time. I found some flaws in it that would allow successful double spends at zero confirmations without 51% of network power, I'm writing a report for a friend about it and other positives / negatives with its claims / actual results.

But on another note, I'd like to extend my appreciation to everyone for helping make Nexus what it is, don't forget: By the People, for the People. To me, Nexus isn't just about profit, it's about freeing ourselves from a system designed to keep us enslaved, the more everyone works together, the more chances we have at this Freedom.

Cooperation, not Competition
We Are Nexus

No that is not the official twitter. 

The truth is that it can be compiled for any of those platforms but I really doubt anyone is too worried about compiling the code on their xbox. 

 

There are also some false claims such as their staking being more energy efficient, when it is an exact line for line clone of Peercoin, just rewritten in C++ 11.

 

Development:

Reserves:
I'll do some looking into the reserves code for the wallet, and ensure it uses the same reference block as getmininginfo as this is the command that is distributing the data to nexusniro.com

Corp:
Legally it would need to be licenses as a C corp in order to have public trading, the Niro could be considered property to the Corp, but as I see this this will subject the company to FINCEN guidelines which in essence will cost quite a substantial amount of money for money transmitter licenses. This would be something for the future, but as I see it the software develops value into the Niro, with the corporation backing the Niro which will enhance the Niro bringing the same result just without all the legal constraints.

Bitcoin:

You can read from the quote the merging system is being designed as the way to help the bag holders that have incurred losses, or to merge together subpar technology but allowing communities to come together so that we have less coins in the marketplace, and stronger communities. A lot of my work is in part of developing technology that overcomes limitations that bitcoin hasn't such as burnt coins, reversible transactions, protocol efficiency, 51% attacks, double spends, etc. and also new technologies to consolidate the gross number of clone coins in the industry.

Thank You,
Viz.

I didn't see anything regarding a premine.  Although a small premine would be acceptable.  I would rather see a percentage of all POW going to a development fund.

There will be a small staged multi-sig reserve to pay for development. This is to ensure long term commitment to development with an increased incentive for the team.

Nexus 2.0 has been live for a few weeks my friend, with Nexus Proof of Stake active among other updates to the protocol.

Thank You,
Viz.

You can find Daemon binaries on coinshield.io.

To the open source inquisition, here is my prior statement regarding its current status:


Note to 1.0.3: We are releasing this update with the incorporation of the Tech company, public disclosure of identities including pictures and business address, rebrand with public release of white paper. These pieces have to coordinate together as we lay the foundation for the new developments that have evolved with the maturing of the concepts and technology that create this economy. We are working to move into the real world as a legitimate currency not plagued with images of illegal activity and ponzi schemes, but a transparent useable currency that produces value in many industries besides Crypto.

Note to 2.0.0: My plan is to have the proper visibility by the time I get Core 0.2.0.0 built, which will include LLL integration [created by me] which will allow us a more efficient protocol, database, serialization, hashing, and code base. Also to come is complete rewrite of the Qt from scratch to solve many issues with its speed and efficiency. These productions will be coming from the Tech company, in which I hope by this time our visibility is strong enough for me to release 0.2.0.0 as open source.

Thank You,
Viz.

You can laugh until you're blue in the face, it won't change the Truth. Good luck with it

Thank You,
Viz.