[ANN] NIX - thread moved

[huan2018]

25 % down  8 % up   i love it  . give me your money  or die trying .

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[alejandrosn1998]

I don't see contradiction. He said "most" stuff. And to be honest if they only spent 20-25 btc or $110-137k usd, and developed 2 way ghosting, I am pretty damn happy. All these other cryptos with massive hoards of cash, can't do addressless zk transactions, mainnets, or even put out a wallet, but NIX was able to develop something no one else can on top of everything else for 20-25 btc, I would say that is pretty impressive.

There is also no contradiction. Almost all funding goes via OTC. This is done, not to intervene with the market. Sometime the team is able to make payments in NIX but often they need Bitcoin. It all makes sense.

The own team members are not sure what happens with the Dev Fund:
-One says they sold NIX OTC
-One says through Jackieboys BTC "Own Pocket"

This is a mess!! Not even the team knows!!

[matejbilahora]

I don't see contradiction. He said "most" stuff. And to be honest if they only spent 20-25 btc or $110-137k usd, and developed 2 way ghosting, I am pretty damn happy. All these other cryptos with massive hoards of cash, can't do addressless zk transactions, mainnets, or even put out a wallet, but NIX was able to develop something no one else can on top of everything else for 20-25 btc, I would say that is pretty impressive.

There is also no contradiction. Almost all funding goes via OTC. This is done, not to intervene with the market. Sometime the team is able to make payments in NIX but often they need Bitcoin. It all makes sense.

The own team members are not sure what happens with the Dev Fund:
-One says they sold NIX OTC
-One says through Jackieboys BTC "Own Pocket"

This is a mess!! Not even the team knows!!

Yay that is really a mess, if team does not know what is going on. Well JBs own pocket? Nice joke. All the funds he spend are NIX coins (dev fund) only he owns in his wallets. Some amount is what he owes to few users that have been told claims are not in database. And if someone asks what is dev fund used for he is responded it is not your business, well that is not nice behavior. Nix needs to fix these things first if they want to succeed. People are free to know what is going on.

[LindaNewZoin]

Of course all from his own pocket  7th of june he dumped Noir and cash out 350 BTC and soon as opened idax he cashed out his dev fund 102 adresses and 38 milions nix. Invalidated most of airdop claims and first 3 days was heavily selling it at IDAX. Just a thief

[bitro33]

people are free not to buy this coin, or to sell if you have

you can fork it as well

[bitro33]

[/quote]

There is also no contradiction. Almost all funding goes via OTC. This is done, not to intervene with the market. Sometime the team is able to make payments in NIX but often they need Bitcoin. It all makes sense.
[/quote]



kami don't waste your time with fud, it is useless

[AngusCanine]

NIXPlatforms Development Fund is a very touchy and delicate subject when talked about with NIX team members or NIX community members. First of all it is undisclosed, and team members would rather not talk about it.  I am here to talk about it. The other day someone joined the discord and mentioned some things about this, he was banned and his messages got deleted which is the reason of this thread. It goes without saying the NIX team. will suppress you from their medias if you have any doubts or question about their shady activities (Dev Fund, Andrea Cerulli, etc..].

All this information is public, what we know:

1-Initial Circulating Supply: 38MM NIX.
2-This Initial supply was an instamine/premine on the genesis block where this was to be distributed through an airdrop for Zoin holder, 2:1 ratio.
2 NIX for 1 Zoin Initial addresses of the airdrop:
- Github: https://github.com/NixPlatform/NixCore/blob/master/src/consensus/airdropaddresses.h
- Blockexplorer: https://chainz.cryptoid.info/nix/block.dws?1.htm
3-There was a 7% initial development fund directly allocated to the Development Fund. “38 million NIX with a 2:1 ratio and a 7% added coin creation to upkeep the 7% development fund.“ - from https://nixplatform.io/docs/NIX-Platform-Whitepaper.pdf This was around 3MM NIX coins already, let us keep counting. (Always going to be underestimating so we can give the NIX team the benefit of the doubt)
4-To initially get NIX you had to hold Zoin through the snapshot and claim NIX, all unclaimed NIX will go directly to the development fund.
5-There is also a block reward that is allocated to the development fund. 2 addresses alter to get the development fund: https://chainz.cryptoid.info/nix/#!rich
Around 400k NIX in both addresses as of Nov. 12th, 2018, and counting.
“NVbGEghDbxPUe97oY8N5RvagQ61cHQiouW”
“NWF7QNfT1b8a9dSQmVTT6hcwzwEVYVmDsG”
6-As of November 12th, 2018 in the NIX richest, which is public:
a- In the top 100 addresses, there are 80 addresses that haven’t been touched in 120+ days, close to where the distribution period what for NIX.
for. a total of 7858497.1 NIX (from November 12th 2018.)
(Adding up 7858497.1 + 3MM +400k = 11.2MM NIX count)
7- We can also add the initial default 6 NIX master nodes needed for the network to run properly. Addresses:
"GRXEvAsrSCtUMAh8kBGbK1Vvrp99WnyP1q"
"GRkmuDAoio5B9x2E5jQ7yFCysJyZv7Fhuk"
"GJydGsTxcLTQCBt67dPDk4r4V3PGJxyocN"
"GYusi7nqPXY8WpbdQ3gCh5RfSwM6QMZJub"
"GYzLNfz4QvctZ39TegXMPzce3id9yAqJLL"
"GdhgfR2UmaKNEhCBokjSU3SnMxWCNRDHe6"
Each master node is 40,000 NIX, all addresses have a minimum of 45,000 NIX so 45,000x6 = 270000NIX

Total tally: 270000 NIX + 12819496 NIX ≈ 13089496 NIX
(Always going to be underestimating so we can give the NIX team the benefit of the doubt)

Add it all up for a grand total of 30%+.
(We aren’t taking into consideration the addresses #130+ on the richlist or even anything that has been touched (moved) and has less than 120 days without activity, which could potentially come up to 35%+ of the circulating supply)
Now I am not saying that all of this is 100% part of the development fund but, when I say “close to where the distribution period”, this all took place when the distribution of the initial $NIX was happening, and all these addresses haven’t been touched in about exactly the same times? Also that these addresses don’t care to setup $NIX master nodes or stake? You can come up with your own conclusion.

so nixplatform.io hasn't an official team plan? No transparency at all, not telling people how they're managing their money? Or how they got they're money?

[brownie-21]

Just been looking at the Github activity and its through the roof. Very impressive what this team has managed to accomplish in such a small time frame, they really have been over delivering especially when you consider many things were not even on the roadmap such as 2 way ghosting and DPOS.

Also loving the idea of the Ghostnode fee pool which will ensure all node holder will get an equal share of the daily rewards. Taking the luck element out of rewards makes Ghostnodes one of the most attractive nodes out there IMO

[AngusCanine]

is ghost protocol just zerocoin protocol with a different name?

[vannelle85]

is ghost protocol just zerocoin protocol with a different name?

Not exactly. Take a look here ( https://nixplatform.io/nix-ghost-protocol-elements/ ) about the Ghost Protocol and check the tech paper about 2 WAY GHOSTING here ( https://nixplatform.io/wp-content/uploads/2018/10/Commitment_Key_Packs_v1-0-1.pdf )

[alejandrosn1998]

is ghost protocol just zerocoin protocol with a different name?

Essentially its the same thing, since nix currently doesnt have bulletproofs!

[alejandrosn1998]

NIXPlatforms Development Fund is a very touchy and delicate subject when talked about with NIX team members or NIX community members. First of all it is undisclosed, and team members would rather not talk about it.  I am here to talk about it. The other day someone joined the discord and mentioned some things about this, he was banned and his messages got deleted which is the reason of this thread. It goes without saying the NIX team. will suppress you from their medias if you have any doubts or question about their shady activities (Dev Fund, Andrea Cerulli, etc..].

All this information is public, what we know:

1-Initial Circulating Supply: 38MM NIX.
2-This Initial supply was an instamine/premine on the genesis block where this was to be distributed through an airdrop for Zoin holder, 2:1 ratio.
2 NIX for 1 Zoin Initial addresses of the airdrop:
- Github: https://github.com/NixPlatform/NixCore/blob/master/src/consensus/airdropaddresses.h
- Blockexplorer: https://chainz.cryptoid.info/nix/block.dws?1.htm
3-There was a 7% initial development fund directly allocated to the Development Fund. “38 million NIX with a 2:1 ratio and a 7% added coin creation to upkeep the 7% development fund.“ - from https://nixplatform.io/docs/NIX-Platform-Whitepaper.pdf This was around 3MM NIX coins already, let us keep counting. (Always going to be underestimating so we can give the NIX team the benefit of the doubt)
4-To initially get NIX you had to hold Zoin through the snapshot and claim NIX, all unclaimed NIX will go directly to the development fund.
5-There is also a block reward that is allocated to the development fund. 2 addresses alter to get the development fund: https://chainz.cryptoid.info/nix/#!rich
Around 400k NIX in both addresses as of Nov. 12th, 2018, and counting.
“NVbGEghDbxPUe97oY8N5RvagQ61cHQiouW”
“NWF7QNfT1b8a9dSQmVTT6hcwzwEVYVmDsG”
6-As of November 12th, 2018 in the NIX richest, which is public:
a- In the top 100 addresses, there are 80 addresses that haven’t been touched in 120+ days, close to where the distribution period what for NIX.
for. a total of 7858497.1 NIX (from November 12th 2018.)
(Adding up 7858497.1 + 3MM +400k = 11.2MM NIX count)
7- We can also add the initial default 6 NIX master nodes needed for the network to run properly. Addresses:
"GRXEvAsrSCtUMAh8kBGbK1Vvrp99WnyP1q"
"GRkmuDAoio5B9x2E5jQ7yFCysJyZv7Fhuk"
"GJydGsTxcLTQCBt67dPDk4r4V3PGJxyocN"
"GYusi7nqPXY8WpbdQ3gCh5RfSwM6QMZJub"
"GYzLNfz4QvctZ39TegXMPzce3id9yAqJLL"
"GdhgfR2UmaKNEhCBokjSU3SnMxWCNRDHe6"
Each master node is 40,000 NIX, all addresses have a minimum of 45,000 NIX so 45,000x6 = 270000NIX

Total tally: 270000 NIX + 12819496 NIX ≈ 13089496 NIX
(Always going to be underestimating so we can give the NIX team the benefit of the doubt)

Add it all up for a grand total of 30%+.
(We aren’t taking into consideration the addresses #130+ on the richlist or even anything that has been touched (moved) and has less than 120 days without activity, which could potentially come up to 35%+ of the circulating supply)
Now I am not saying that all of this is 100% part of the development fund but, when I say “close to where the distribution period”, this all took place when the distribution of the initial $NIX was happening, and all these addresses haven’t been touched in about exactly the same times? Also that these addresses don’t care to setup $NIX master nodes or stake? You can come up with your own conclusion.

so nixplatform.io hasn't an official team plan? No transparency at all, not telling people how they're managing their money? Or how they got they're money?

We don't know! Look at my previous posts, the NIX team themselves do not know their financials like I said previously:

"The own team members are not sure what happens with the Dev Fund:
-One says they sold NIX OTC
-One says through Jackieboys BTC "Own Pocket"

This is a mess!! Not even the team knows!!"

There is proof a couple messages above!

[bitro33]

It won't become ghost protocol once it has bulleproofs haha

it can be called whatever because they added address-less tx with keys from qt wallets to qt wallets. That is also part of the ghost protocol.

as well as tor/i2p
the tx batching is nice too
bulletproofs if they decide to do it
dandelion

and whatever they implement next

[alejandrosn1998]

It won't become ghost protocol once it has bulleproofs haha

it can be called whatever because they added address-less tx with keys from qt wallets to qt wallets. That is also part of the ghost protocol.

as well as tor/i2p
the tx batching is nice too
bulletproofs if they decide to do it
dandelion

and whatever they implement next

No doubt, if the address-less tx are implemented somehow in the Ghost protocol, and this can facilitate the privatization of other coins, as the mention - this can be very, very big, game changer some would say.

[bitro33]

 it is already implemented, I've tested it and works flawlessly. Super fast

[bitro33]

Just been looking at the Github activity and its through the roof. Very impressive what this team has managed to accomplish in such a small time frame, they really have been over delivering especially when you consider many things were not even on the roadmap such as 2 way ghosting and DPOS.

Also loving the idea of the Ghostnode fee pool which will ensure all node holder will get an equal share of the daily rewards. Taking the luck element out of rewards makes Ghostnodes one of the most attractive nodes out there IMO
[/quote]


It is actually impressive.

Last update 2.1.x has an incredible amount of ~new~ code, if you know how to read code, its really something to have a look @

[AngusCanine]

it is already implemented, I've tested it and works flawlessly. Super fast

whats implemented? ghosting(otherwise known as zerocoin) or two way ghosting?

[bitro33]

both

2way ghosting is sending zc in an address-less way from qt wallet to qt wallet using a key

which is awesome

hides both sender and receiver, not like plain zerocoin

and this is the first time you can do this in any qt wallet

[Hardixen]

I stumbled across this team a while back and all I can say is how professional the whole team has been, the Airdrop process was great and very clear can't wait to see what the future holds for Team NIX. Super excited about this project, keep watch!

[Mehel.kb]

Nix volume on Idax is over 100k USD. Coinmarketcap should have added nix to the list by now. I have noticed cmc is biased towards ICOs and gives open source projects hard time to get listed.