torrmara (OP)
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Activity: 2
Merit: 31
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April 30, 2018, 04:58:13 PM
Last edit: January 20, 2019, 12:48:00 AM by torrmara Merited by wttbs (5), AngusCanine (5) |
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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110110101
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Activity: 1382
Merit: 1002
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April 30, 2018, 07:23:49 PM |
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Lots to read up in regards to the Nix platform with a privacy enhanced DEX. Great work team, eager to see the platform going live!
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kendryfernandez
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Activity: 90
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April 30, 2018, 07:24:25 PM |
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The team at NIX is glad to announce a project that is first of its kind, in which members combine experience, knowledge and skills that together set the right direction to finally address privacy and centralization matters in cryptocurrency. We encourage everyone to go through the whitepaper under https://nixplatform.io/docs/NIX-Platform-Whitepaper.pdf to learn more about the specifics of this great project. Welcome all. |
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ocminer
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Activity: 2660
Merit: 1240
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April 30, 2018, 07:45:12 PM |
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what algo will it be actually ?
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suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools |
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matejbilahora
Sr. Member
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Activity: 1414
Merit: 275
Community built, Privacy driven
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April 30, 2018, 08:01:12 PM |
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what algo will it be actually ?
Lyra2REV2 |
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BChain_Byron
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Activity: 14
Merit: 0
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April 30, 2018, 09:22:55 PM |
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Give people some time to figure out the level and scope of anonymity involved in the ghost protocol and there is no way anyone can FUD this project. I am onboard for the long haul. Ghostnodes are gonna be so profitable!
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BChain_Byron
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Activity: 14
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April 30, 2018, 09:41:41 PM |
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NIX will be the privacy layer all decentralized exchanges seek to use
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vkin
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Activity: 82
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April 30, 2018, 09:49:38 PM |
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Great job, Nix Team! Looking forward to the launch
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Dalazar
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Activity: 252
Merit: 12
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April 30, 2018, 10:01:26 PM |
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Of course anonymity in the network is very important for many users. I hope your project can significantly improve this. I will observe the development. Good luck
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Coinky
Jr. Member
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Activity: 165
Merit: 2
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April 30, 2018, 10:03:20 PM |
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So,I understand that it is only airdrops to Zion holder is 1:1 ratio
Good Luck with the project
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::::I DON'T WEAR ANY SIGNATURE:::
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BChain_Byron
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Activity: 14
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April 30, 2018, 10:06:21 PM |
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Will there be an opportunity for main net testers or beta testers?
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munch2477
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Activity: 8
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April 30, 2018, 10:35:04 PM |
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What exchanges is NIX trying to get on?
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aeonmiguel
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Activity: 42
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April 30, 2018, 10:48:02 PM |
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Can't wait to see the platform going. If needed, I can help with Filipino translation for Whitepaper and Ann.
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alejandrosn1998
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Activity: 158
Merit: 15
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May 01, 2018, 01:05:49 AM |
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Time to destroy all privacy coins  |
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vtkix
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Activity: 31
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May 01, 2018, 11:50:10 AM |
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Can't wait until people get what NIX is actually going to do!
Making the big coins like BTC and LTC completely private! This has never been done before!
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kikaha?
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Activity: 6
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May 01, 2018, 12:12:06 PM |
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This could be a revolutionary project whose realization is really close.
Keep an eye on this team! 😉
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Bunnywinkles
Jr. Member
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Activity: 80
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May 01, 2018, 05:06:20 PM |
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I know this took me awhile to understand, so I will put it out there.
Approx 40% of the coins in circ will be ghost nodes, so about 760 after the initial 2.5 years. Nodes get 0.25% of privacy txs, and they are opening it up to be able to do a privacy tx with most any coin. The top 10 exchanges have ~$17B USD volume. To capture 0.5% of that market a DEX would need to be 1/4th the size of bittrex. If all of those txs are privatized, thats $212,500 per day in fees for the nodes. That's $279 per node per day in tx fees. They also get block rewards from each mined block (28% of the block). To me, these are all small numbers still, but even at that a node will make $138,556 a year.
Now just think of it this way, DEX's are the future, NIX will work to implement with all those DEX's, so it is very possible for some of your top exchanges to be a DEX. Change the market penetration from 0.5% to 10%, and a node is now making $5,592 a day. This is all with crypto still having ~$17B daily volume, if volume doubles over 2 years that's putting a node closer to $11,184 per day.
This is just showing my theoretical min/max situations in 2 years, and only with the DEX manager DAPP. This isn't including their ideas for SCM, or other DAPPS made by others.
IMO NIX will be huge, just on the node side. Add in the ability to privatize any chain, the private smart contracts, DEX manager, and other possibilities, and well, I have a hard time fathoming it. This very well could be the coin that rids us of a majority of others, as they won't have points anymore unless they evolve as well. This is helping BTC stay king, by bringing everything other chains offer to it and linking them all.
DYOR, but NIX is definitely at least worth the time to look into.
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Bunnywinkles
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May 01, 2018, 05:24:34 PM |
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smart man
Not really, just some math, research, and thoughts on future crypto markets based on historical trends :p. |
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