[ANN] NIX - thread moved

[Huangsehedge]

Hey,
The community definitely appreciates the teams efforts. It'sjust that here the discussions can be really fruitfull so maybe someone from the team can stop by here and there and post some news or answers.

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[huan2018]

Serious question: NIX is basically providing what the Komodo platform has already had for almost a year except NIX is missing the security of the bitcoin hash rate that KMD enjoys?

My question to the community. Why would I invest in NIX if larger communities that engineered and pioneered this technology already exist and are constantly adding new value to their communities currency and platform? Competition is definitely a great benefit to the overall ecosystem but at some point the extreme diversity becomes a money grab with ever increasing diluted efforts.

I ask "Why NIX. Why is it valued now"?
<someone fill in this blank, thank you>


Keep in mind we can achieve private atomic swaps today without counter-party risk using HyperDEX on the komodo platform:
https://github.com/atomiclabs/hyperdex/releases
https://komodoplatform.com/latest-news/

basically you taking a Gamble with  NIX . But i think  2 good companies can easily co exist and make a good money along the way .Its like saying why do you buying Apple  shares and not SAMSUNG They both do the same things more or a less. And they both making money .You can invest in both if you  think privacy will be the next big  thing .This  market is endless at the moment .If NIX takes 30  % of the market and KMD  takes 40 % of the market . that is a big money  in terms of  transactions fees and exchange fees .

[Ghost8941]

Serious question: NIX is basically providing what the Komodo platform has already had for almost a year except NIX is missing the security of the bitcoin hash rate that KMD enjoys?

My question to the community. Why would I invest in NIX if larger communities that engineered and pioneered this technology already exist and are constantly adding new value to their communities currency and platform? Competition is definitely a great benefit to the overall ecosystem but at some point the extreme diversity becomes a money grab with ever increasing diluted efforts.

I ask "Why NIX. Why is it valued now"?
<someone fill in this blank, thank you>


Keep in mind we can achieve private atomic swaps today without counter-party risk using HyperDEX on the komodo platform:
https://github.com/atomiclabs/hyperdex/releases
https://komodoplatform.com/latest-news/

I too am invested in Komodo and like what they are doing and hodl both projects. I don't know why it needs to be one or the other. I think both projects could actually partner and help each other. Plus in the future this market will be huge. As far as NIX, I love this team. I think they just get it, and understand how ease of use is so very important, judging by sneak peaks at the new wallet. I also like how I can hit one button in my wallet and ghost my NIX wiping it clean, thus making it untraceable. Tech is a bit different, refer to white paper. And I sure love ghost nodes. I think they can be worth a fortune. Watch what happens to NIX once the switch to POS happens and block rewards are cut 80%. It will be very hard to get a ghost node very soon due to the new economics, so I am making sure I have the NIX I want now.

[heikawa]

Of course anonymity in the network is very important for many users. I hope your plan can significantly improve this. I will observe the development.

[Asimmo]

Serious question: NIX is basically providing what the Komodo platform has already had for almost a year except NIX is missing the security of the bitcoin hash rate that KMD enjoys?

My question to the community. Why would I invest in NIX if larger communities that engineered and pioneered this technology already exist and are constantly adding new value to their communities currency and platform? Competition is definitely a great benefit to the overall ecosystem but at some point the extreme diversity becomes a money grab with ever increasing diluted efforts.

I ask "Why NIX. Why is it valued now"?
<someone fill in this blank, thank you>


Keep in mind we can achieve private atomic swaps today without counter-party risk using HyperDEX on the komodo platform:
https://github.com/atomiclabs/hyperdex/releases
https://komodoplatform.com/latest-news/

I too am invested in Komodo and like what they are doing and hodl both projects. I don't know why it needs to be one or the other. I think both projects could actually partner and help each other. Plus in the future this market will be huge. As far as NIX, I love this team. I think they just get it, and understand how ease of use is so very important, judging by sneak peaks at the new wallet. I also like how I can hit one button in my wallet and ghost my NIX wiping it clean, thus making it untraceable. Tech is a bit different, refer to white paper. And I sure love ghost nodes. I think they can be worth a fortune. Watch what happens to NIX once the switch to POS happens and block rewards are cut 80%. It will be very hard to get a ghost node very soon due to the new economics, so I am making sure I have the NIX I want now.

besides healthy competition will always do a favor to it`s participants in the long run.
Also, time may come when NIX will be equipped with better features and characteristics..
Possibilities are endless.

[Anonymouse123456]

Serious question: NIX is basically providing what the Komodo platform has already had for almost a year except NIX is missing the security of the bitcoin hash rate that KMD enjoys?

My question to the community. Why would I invest in NIX if larger communities that engineered and pioneered this technology already exist and are constantly adding new value to their communities currency and platform? Competition is definitely a great benefit to the overall ecosystem but at some point the extreme diversity becomes a money grab with ever increasing diluted efforts.

I ask "Why NIX. Why is it valued now"?
<someone fill in this blank, thank you>


Keep in mind we can achieve private atomic swaps today without counter-party risk using HyperDEX on the komodo platform:
https://github.com/atomiclabs/hyperdex/releases
https://komodoplatform.com/latest-news/

Nix isn't looking to build a DEX it's looking to empower all the dex's without privacy features and allow trading between them and that's just a small part of what Nix is looking to do. With Nix privacy is at the forefront.  If you come on the discord people from the team will answer any questions in more thorough detail but this isn't just a cash grab they could of done an ico if that was the case. They are looking at actually helping the space and have no big investors that would likely have a say in the way the project goes like an ico likely would. 

[Johnts]

Where can i see the procss, it would be good to see iive stats on investments. That could be good for investors and also the team.I just finished reading the white paper and the project looks very promising. Will wait for more information!

[MistahTibbs]

Serious question: NIX is basically providing what the Komodo platform has already had for almost a year except NIX is missing the security of the bitcoin hash rate that KMD enjoys?

My question to the community. Why would I invest in NIX if larger communities that engineered and pioneered this technology already exist and are constantly adding new value to their communities currency and platform? Competition is definitely a great benefit to the overall ecosystem but at some point the extreme diversity becomes a money grab with ever increasing diluted efforts.

I ask "Why NIX. Why is it valued now"?
<someone fill in this blank, thank you>


Keep in mind we can achieve private atomic swaps today without counter-party risk using HyperDEX on the komodo platform:
https://github.com/atomiclabs/hyperdex/releases
https://komodoplatform.com/latest-news/

Nix isn't looking to build a DEX it's looking to empower all the dex's without privacy features and allow trading between them and that's just a small part of what Nix is looking to do. With Nix privacy is at the forefront.  If you come on the discord people from the team will answer any questions in more thorough detail but this isn't just a cash grab they could of done an ico if that was the case. They are looking at actually helping the space and have no big investors that would likely have a say in the way the project goes like an ico likely would. 

Yeah, I think that's the BIG difference between our $NIX and Komodo.
Just a cursory look through their site and info and it appears they have a solid DEX ready to go.
But NIX isn't about building a DEX.
NIX is about connecting ALL DEXs!
A bit of a difference there.
And there doesn't appear to be any reason why they can't mesh together nicely.
The crypto space is ready for a lot more than just A & B or black & white.
I really think $NIX is going to be one of those unifying platforms that brings all of these other excellent cryptos, platforms and DEXs together!

[assodibrisco]

Do not sell your nix .. Great news are coming!! Stay tuned 👻

[Special K]

Hello, can someone tell me if i need kyc on IDAX ??

Where can i get NIX without kyc??

Nanex has no volume,don´t know if it will work buying some with waithing some days....

NIX aims to make everything private but to get some you need to upload your ID and maybe more to an exchange...funny, isn´t it 

[Manyofone]

Serious question: NIX is basically providing what the Komodo platform has already had for almost a year except NIX is missing the security of the bitcoin hash rate that KMD enjoys?

My question to the community. Why would I invest in NIX if larger communities that engineered and pioneered this technology already exist and are constantly adding new value to their communities currency and platform? Competition is definitely a great benefit to the overall ecosystem but at some point the extreme diversity becomes a money grab with ever increasing diluted efforts.

I ask "Why NIX. Why is it valued now"?
<someone fill in this blank, thank you>


Keep in mind we can achieve private atomic swaps today without counter-party risk using HyperDEX on the komodo platform:
https://github.com/atomiclabs/hyperdex/releases
https://komodoplatform.com/latest-news/

Nix isn't looking to build a DEX it's looking to empower all the dex's without privacy features and allow trading between them and that's just a small part of what Nix is looking to do. With Nix privacy is at the forefront.  If you come on the discord people from the team will answer any questions in more thorough detail but this isn't just a cash grab they could of done an ico if that was the case. They are looking at actually helping the space and have no big investors that would likely have a say in the way the project goes like an ico likely would. 

Yeah, I think that's the BIG difference between our $NIX and Komodo.
Just a cursory look through their site and info and it appears they have a solid DEX ready to go.
But NIX isn't about building a DEX.
NIX is about connecting ALL DEXs!
A bit of a difference there.
And there doesn't appear to be any reason why they can't mesh together nicely.
The crypto space is ready for a lot more than just A & B or black & white.
I really think $NIX is going to be one of those unifying platforms that brings all of these other excellent cryptos, platforms and DEXs together!

Agree. Coexistance is not only a must, it is also good.  The size of this industry is just a tiny fraction of what it will be in the future. The tokenization of the financial markets will just leave current trading volumes as ants in a world of dinosaurs. Imagine that the real state is tokenized, how much money is in trading fees all that volume a day? NIX is perfectly plazed to capitalize the growth of this markets that for whatever reason want to remain private

[Beatzby_Ntelne]

Looks like a really interesting idea with difficult aims in my opinion. Hope you gonna hold your timlane and can release your Final version allready in Q4. Gonna follow up on your plans.

[huan2018]

Hello, can someone tell me if i need kyc on IDAX ??

Where can i get NIX without kyc??

Nanex has no volume,don´t know if it will work buying some with waithing some days....

NIX aims to make everything private but to get some you need to upload your ID and maybe more to an exchange...funny, isn´t it 

its funny as F that you need an ID to buy NIX  Private coins .im on the flood laughing
and yes IDAx wants KYC .but its not very "GOOD " if u know what i mean . i think u can upload a photo of your dog or a cat and get verified .))))

 if  NIXs blockchain is hidden then i don't have a problem with privacy

[KirchhoferAmop]

Great to see an initiative finally seeking to utilize cryptocurrencies as they should be used. Most cryptocurrencies are only used for speculative trading which has questioned its relevance as a medium of exchange. I'm glad to see this business is solving the problem.

[Ghost8941]

Discord announcement: Big info on the new POS switch. This is gonna be a fun ride of NIX holders. The amount of NIX coming into existence each day will drop by ~80%. Yes you read that right, ~80%. Better snatch whatever cheap NIX you can now because after this switch which is very soon, NIX is gonna be very hard to accumulate especially in big amounts...

@everyone 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. 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.

[huan2018]

look at this numbers on IDAX . Some on  is buying Big time and thats just  in 1 hour  ..


17589.240 NIX
19261.945
211.089   
5212.421
11024.212
5729.420
18.713
1128.363
17525.210
2444.210
15292.420
3421.240
9342.420
12528.240
7583.230
4733.530
16592.430
9626.273
19252.546
100.000

[MistahTibbs]

look at this numbers on IDAX . Some on  is buying Big time and thats just  in 1 hour  ..


17589.240 NIX
19261.945
211.089   
5212.421
11024.212
5729.420
18.713
1128.363
17525.210
2444.210
15292.420
3421.240
9342.420
12528.240
7583.230
4733.530
16592.430
9626.273
19252.546
100.000

People are just starting to realize how valuable a GhostNode could actually be.
Word is getting out!
$.25 or lower $NIX is a thing of the past.
Hell, I'm not even sure we'll see $NIX go below $.35 again.

[RoelTe]

Team are very active in the promotion and project updates. The way they communicate with the people is also pretty awesome. The platform is interesting and competitive so team just need to fucos on the plan strength so they can highlights those strength so it make the business more impressive and different from others.

[huan2018]

[/quote]
People are just starting to realize how valuable a GhostNode could actually be.
Word is getting out!
$.25 or lower $NIX is a thing of the past.
Hell, I'm not even sure we'll see $NIX go below $.35 again.

[/quote]


it could be worth  10 $  by tomorrow  . you can manipulate the price very easily with only one exchange and low volume  .

[huan2018]

concept is good . Not so sure if this  team  can  achieve it  in reasonable time  thou . lots of time been waisted on switching , moving wallets and so on .

need to see the results