Nexus (NEXUS):
nex•us
noun \ˈnek-səs\
Definition: a relationship or connection between people or things
Introducing Nexus: the coin that will strengthen the entire cryptocurrency economy and revolutionize the way communities collaborate. In almost all existing cryptocurrencies, our team has noticed a divide between community input and developer output. We’ve decided that it was time to innovate upon the flawed existing model and return cryptocurrency to its roots: decentralization.
The concept behind Nexus started out simple, we wanted to create a coin that enables every individual to have a voice in the future of the coin. The name Nexus fits this project well because as its definition states it is a connection or relationship between people or things and we aim to develop the first seamless link between individual desires and Nexus progress. Our next thought was: why be so myopic, why not make a platform that allows and incentivizes all existing cryptocurrencies communities to collaborate. The result is the Decentralized Decisions Platform (DDP).
The Decentralized Decisions Platform is innovative and cryptocurrency specific freelance platform. Simplified versions of this concept exist with services like Coinality or CraigsCoin, but they are far too basic and lack key defining features. The DDP will allow communities to cooperate in unprecedented ways and includes innovations such as a unique developer reputation system, a mentorship program, and a variety of incentives for both intra-community & cross-community collaboration.
Developers of all skill levels will be able to benefit from Decentralized Decisions Platform. Imagine you are an aspiring crypto-developer, where could you go to receive training from journeymen in the cryptocurrency field? Let’s say that you do find a senior developer on a site like Bitcointalk.org, are you able to verify their reputation without having to rely on a referral? The DDP helps to solve this dilemma by providing a place for developers to host their professional profiles. Locating consistent jobs will also become much easier for developers who are taking advantage of the platform. Currently it can be quite difficult to locate work that suits an individual’s specific talent and schedule.
Now we will consider the benefits of the DDP from a community member’s perspective. Imagine you are a part of the Nexus community and believe that Nexuscrypto.com could use an overhaul. You’ll be able to create a Development Suggestion Ticket for the entire Nexus community to vote on, and if the initiative is approved by unanimous decision it will proceed forward. Locating the best developer for this job without the assistance of the DDP would be a tedious and challenging task. By utilizing the Decentralized Decisions Platform communities will have access to a vast searchable database of developers, including their reputation, previous work experiences and specialties. As a result, jobs will get done in a more efficient manner and communities can ensure that they will receive top quality work that is cost effective.
One of the other major goals of the Decentralized Decisions Platform is to provide direct support and funding to the Nexus coin and community. Our team has created the Nexus Development Fund (NDF) to help fulfill this aspiration. The NDF will act as a bank for the Nexus community and help to the finance projects that they decide to make a priority. There will be two key ways in which the NDF receives its funding. All freelance jobs initiated through the Decentralized Decisions Platform, except those that benefit Nexus, will incur a fee. One hundred percent of this fee will go towards the NDF. Secondly, any time a developer takes on an apprentice for a job there will be a fee on top of what the mentorship cost is. One hundred percent of this fee will also go towards the NDF. By designing the system this way we have created a win-win relationship for the Decentralized Decisions Platform and the Nexus Development Fund. Every cryptocurrency community can benefit through either project initiation or mentorship, while allowing Nexus to become self-sustaining and ensuring continuing development.
An in-depth whitepaper regarding the Decentralized Decisions Platform will be released on October 25th 2014. This will explain the features we have planned and include infographics to provide better visualization of the concepts. We also are in talks with the team from CoinsSource about creating a partnership to help us develop certain aspects of the Decentralized Decisions Platform. More news will be released in regards to this partnership as it becomes available.
100% Proof of Stake
Total Initial Supply: 10,000,000
PoS Interest: 4%
Block Time: 60 Seconds
Min. Coin Age: 30 minutes
Max Coin Age: None
Block Confirmations: 3
RPC Port: 27777 P2P Port: 27778
Windows Wallet: http://www.nexuscrypto.com/v1/download-view/winwallet/
Mac Wallet: http://www.nexuscrypto.com/v1/download-view/macwallet/
Wallet Features:
1. CryptoSMS (Establish encrypted conversations)
2. Live support intra-wallet
3. Embedded Trading
4. Block explorer
5. Social feeds from Twitter, Reddit, etc.
6. Access Nexus website
7. Add notes to any transaction
8. Stealth Addresses
* How stealth addresses work: ttp://i.imgur.com/rHhNKL6.jpg
9. Zerocash protocol - http://zerocash-project.org/
* Zerocash extends the protocol and software underlying Bitcoin by adding new, privacy-preserving payments. In doing so it forms a new protocol that, while using some of the same technology and software as
Bitcoin, is distinct from it. This new protocol has both anonymous coins, dubbed zerocoins, and non-anonymous ones, which, for purposes of disambiguation, we call basecoins. In contrast to Bitcoin's
transactions, payment transactions using the Zerocash protocol do not contain any public information about the payment's origin, destination, or amount; instead, the correctness of the transaction is
demonstrated via the use of a zero-knowledge proof. Users can convert from basecoins to zerocoins, send zerocoins to other users, and split or merge zerocoins they own in any way that preserves the total
value. Users may also convert zerocoins back into basecoins, though in principle this is not necessary: all transactions can be made in terms of zerocoins.
10. Intra-wallet Decentralized Decision Platform voting (In development)
Contact / Social-
Twitter: https://twitter.com/TheReal_Nexus
IRC: https://kiwiirc.com/client/irc.freenode.net/#nexuscrypto
Gmail: realnexusproject@gmail.com
Reddit: https://www.reddit.com/r/NexusCrypto/
Website: NexusCrypto.com
Codebase / Block explorer-
Gibhub: https://github.com/therealnexus/NexusCrypto
Block Explorer: https://chainz.cryptoid.info/nexus/
Twitter: https://twitter.com/TheReal_Nexus
IRC: https://kiwiirc.com/client/irc.freenode.net/#nexuscrypto
Gmail: realnexusproject@gmail.com
Reddit: https://www.reddit.com/r/NexusCrypto/
Website: NexusCrypto.com
Codebase / Block explorer-
Gibhub: https://github.com/therealnexus/NexusCrypto
Block Explorer: https://chainz.cryptoid.info/nexus/