Nexus - Pure SHA3 + CPU/GPU + nPoS + 15 Active Innovations + More to Come

[Videlicet]

Speak your mind my friend, all opinions count here 

[starblocks]

I know this is not usually your kind of thing but...

I've just gone nuclear on twitter about a new project NXE

I quoted you asking for comment/verification about it

Ps: Don't reserve, please provide your full diagnosis

Here's the old thread: https://bitcointalk.org/index.php?topic=945445.0

New one: https://bitcointalk.org/index.php?topic=977489

I trust your opinion so don't hold back

[Videlicet]

10% Premine Advertised: Hard Fork at block 200, means they have untested mistakes.

nSubsidy = 2200000 * COIN; // DCX SWAP

This is their real premine, looks shady as hell to me if they are advertising 200k but hard forked it to 2.2M for their own stash.

Their variable "1 Year interest rate decrease"
Is terrible, not a true system as advertised, they are basing it off chain height which means:
Staking interest rates will only be allowed to fees if the block height is above their "reduced interest rate" height.
This means that it is not an accurate figure as advertised.

Still using Peercoin's Difficulty retarget: Terrible algorithm.

I could keep going on and on, but big Red Flag is:
Lieing about their premine.

https://github.com/NXEProtocol/Core/blob/master/src/main.cpp#L972

There it is, block #1, 2.2M Coins.

Thank You,
Viz.

[0x6A]

10% Premine Advertised: Hard Fork at block 200, means they have untested mistakes.

nSubsidy = 2200000 * COIN; // DCX SWAP

This is their real premine, looks shady as hell to me if they are advertising 200k but hard forked it to 2.2M for their own stash.

Their variable "1 Year interest rate decrease"
Is terrible, not a true system as advertised, they are basing it off chain height which means:
Staking interest rates will only be allowed to fees if the block height is above their "reduced interest rate" height.
This means that it is not an accurate figure as advertised.

Still using Peercoin's Difficulty retarget: Terrible algorithm.

I could keep going on and on, but big Red Flag is:
Lieing about their premine.

https://github.com/NXEProtocol/Core/blob/master/src/main.cpp#L972

There it is, block #1, 2.2M Coins.

Thank You,
Viz.

When CSD will try to kill this sh*t? 

[Videlicet]

Well, that would require a petition and consensus to get added to ranking, and top rank and capitalization activation to recycle.

Thank You,
Viz.

P.S. Remember The Shield is only as powerful as those that use it 

[starblocks]

10% Premine Advertised: Hard Fork at block 200, means they have untested mistakes.

nSubsidy = 2200000 * COIN; // DCX SWAP

This is their real premine, looks shady as hell to me if they are advertising 200k but hard forked it to 2.2M for their own stash.

Their variable "1 Year interest rate decrease"
Is terrible, not a true system as advertised, they are basing it off chain height which means:
Staking interest rates will only be allowed to fees if the block height is above their "reduced interest rate" height.
This means that it is not an accurate figure as advertised.

Still using Peercoin's Difficulty retarget: Terrible algorithm.

I could keep going on and on, but big Red Flag is:
Lieing about their premine.

https://github.com/NXEProtocol/Core/blob/master/src/main.cpp#L972

There it is, block #1, 2.2M Coins.

Thank You,
Viz.

Thanks for taking the time to do that Viz much appreciated

Just wanted to make sure if there is some good tech somewhere in that project that they get it all right so it doesn't blow up in their faces later on

[Videlicet]

Anytime Starblocks 

Thank You,
Viz.

[Razerglass]

10% Premine Advertised: Hard Fork at block 200, means they have untested mistakes.

nSubsidy = 2200000 * COIN; // DCX SWAP

This is their real premine, looks shady as hell to me if they are advertising 200k but hard forked it to 2.2M for their own stash.

Their variable "1 Year interest rate decrease"
Is terrible, not a true system as advertised, they are basing it off chain height which means:
Staking interest rates will only be allowed to fees if the block height is above their "reduced interest rate" height.
This means that it is not an accurate figure as advertised.

Still using Peercoin's Difficulty retarget: Terrible algorithm.

I could keep going on and on, but big Red Flag is:
Lieing about their premine.

https://github.com/NXEProtocol/Core/blob/master/src/main.cpp#L972

There it is, block #1, 2.2M Coins.

Thank You,
Viz.

Thanks for taking the time to do that Viz much appreciated

Just wanted to make sure if there is some good tech somewhere in that project that they get it all right so it doesn't blow up in their faces later on

i think Vid's whole quote there is like the definition of.. GET REKD

[Videlicet]

The source never lies 

Thank You,
Viz.

[KryptoKash]

The source never lies 

Thank You,
Viz.

Good work Viz. 

[shaan.is.one]

Ohhh CSD running much speed.. best wishes for you.

[Hix]

Why CPU POOLminer gives much more PPS that SOLOminer on same CPU?

Poolminer

Code:

[METERS] 1583.533333 PPS | 12.000000 WPS | Largest Share 5.431488 | Difficulty 6.393061 | Height = 199794 | Balance: 3.677136 CSD | Payout: 0.000000 CSD | 00:11:00
[MASTER] Share Found | Difficulty 5.064723 | Hash fcb0f35abf0f3c91ea4a  --> [Accepted]
[METERS] 1601.242921 PPS | 12.000000 WPS | Largest Share 5.431488 | Difficulty 6.393061 | Height = 199794 | Balance: 3.677136 CSD | Payout: 0.000000 CSD | 00:11:11
[METERS] 1583.629032 PPS | 12.000000 WPS | Largest Share 5.431488 | Difficulty 6.393061 | Height = 199794 | Balance: 3.677136 CSD | Payout: 0.000000 CSD | 00:11:22
[MASTER] Share Found | Difficulty 4.669674 | Hash aea342f65fd3bffb296b  --> [Accepted]
[METERS] 1594.103896 PPS | 12.000000 WPS | Largest Share 5.431488 | Difficulty 6.393061 | Height = 199794 | Balance: 3.677136 CSD | Payout: 0.000000 CSD | 00:11:33
[METERS] 1596.164773 PPS | 12.000000 WPS | Largest Share 5.431488 | Difficulty 6.393061 | Height = 199794 | Balance: 3.677136 CSD | Payout: 0.000000 CSD | 00:11:44
[METERS] 1589.563636 PPS | 11.000000 WPS | Largest Share 5.431488 | Difficulty 6.393061 | Height = 199794 | Balance: 3.677136 CSD | Payout: 0.000000 CSD | 00:11:55

SOLOminer

Code:

[METERS] 579.937500 PPS | 7.625000 CPS | 0 Blocks | 0.000000 CSD per Hour | Height = 199794 | Difficulty 6.393061 | 00:06:24
[METERS] 328.750000 PPS | 3.062500 CPS | 0 Blocks | 0.000000 CSD per Hour | Height = 199794 | Difficulty 6.393061 | 00:06:40
[METERS] 535.187500 PPS | 6.125000 CPS | 0 Blocks | 0.000000 CSD per Hour | Height = 199794 | Difficulty 6.393061 | 00:06:56
[METERS] 331.312500 PPS | 3.062500 CPS | 0 Blocks | 0.000000 CSD per Hour | Height = 199794 | Difficulty 6.393061 | 00:07:12

[Videlicet]

Why CPU POOLminer gives much more PPS that SOLOminer on same CPU?

Poolminer

Code:

[METERS] 1583.533333 PPS | 12.000000 WPS | Largest Share 5.431488 | Difficulty 6.393061 | Height = 199794 | Balance: 3.677136 CSD | Payout: 0.000000 CSD | 00:11:00
[MASTER] Share Found | Difficulty 5.064723 | Hash fcb0f35abf0f3c91ea4a  --> [Accepted]
[METERS] 1601.242921 PPS | 12.000000 WPS | Largest Share 5.431488 | Difficulty 6.393061 | Height = 199794 | Balance: 3.677136 CSD | Payout: 0.000000 CSD | 00:11:11
[METERS] 1583.629032 PPS | 12.000000 WPS | Largest Share 5.431488 | Difficulty 6.393061 | Height = 199794 | Balance: 3.677136 CSD | Payout: 0.000000 CSD | 00:11:22
[MASTER] Share Found | Difficulty 4.669674 | Hash aea342f65fd3bffb296b  --> [Accepted]
[METERS] 1594.103896 PPS | 12.000000 WPS | Largest Share 5.431488 | Difficulty 6.393061 | Height = 199794 | Balance: 3.677136 CSD | Payout: 0.000000 CSD | 00:11:33
[METERS] 1596.164773 PPS | 12.000000 WPS | Largest Share 5.431488 | Difficulty 6.393061 | Height = 199794 | Balance: 3.677136 CSD | Payout: 0.000000 CSD | 00:11:44
[METERS] 1589.563636 PPS | 11.000000 WPS | Largest Share 5.431488 | Difficulty 6.393061 | Height = 199794 | Balance: 3.677136 CSD | Payout: 0.000000 CSD | 00:11:55

SOLOminer

Code:

[METERS] 579.937500 PPS | 7.625000 CPS | 0 Blocks | 0.000000 CSD per Hour | Height = 199794 | Difficulty 6.393061 | 00:06:24
[METERS] 328.750000 PPS | 3.062500 CPS | 0 Blocks | 0.000000 CSD per Hour | Height = 199794 | Difficulty 6.393061 | 00:06:40
[METERS] 535.187500 PPS | 6.125000 CPS | 0 Blocks | 0.000000 CSD per Hour | Height = 199794 | Difficulty 6.393061 | 00:06:56
[METERS] 331.312500 PPS | 3.062500 CPS | 0 Blocks | 0.000000 CSD per Hour | Height = 199794 | Difficulty 6.393061 | 00:07:12

Solo miner has 6.x diff sieving modifications that skip primes, I took that one out for Pool Miner to get more shares.

Thank You,
Viz.

[Hix]

Why CPU POOLminer gives much more PPS that SOLOminer on same CPU?

Poolminer

Code:

[METERS] 1583.533333 PPS | 12.000000 WPS | Largest Share 5.431488 | Difficulty 6.393061 | Height = 199794 | Balance: 3.677136 CSD | Payout: 0.000000 CSD | 00:11:00
[MASTER] Share Found | Difficulty 5.064723 | Hash fcb0f35abf0f3c91ea4a  --> [Accepted]
[METERS] 1601.242921 PPS | 12.000000 WPS | Largest Share 5.431488 | Difficulty 6.393061 | Height = 199794 | Balance: 3.677136 CSD | Payout: 0.000000 CSD | 00:11:11
[METERS] 1583.629032 PPS | 12.000000 WPS | Largest Share 5.431488 | Difficulty 6.393061 | Height = 199794 | Balance: 3.677136 CSD | Payout: 0.000000 CSD | 00:11:22
[MASTER] Share Found | Difficulty 4.669674 | Hash aea342f65fd3bffb296b  --> [Accepted]
[METERS] 1594.103896 PPS | 12.000000 WPS | Largest Share 5.431488 | Difficulty 6.393061 | Height = 199794 | Balance: 3.677136 CSD | Payout: 0.000000 CSD | 00:11:33
[METERS] 1596.164773 PPS | 12.000000 WPS | Largest Share 5.431488 | Difficulty 6.393061 | Height = 199794 | Balance: 3.677136 CSD | Payout: 0.000000 CSD | 00:11:44
[METERS] 1589.563636 PPS | 11.000000 WPS | Largest Share 5.431488 | Difficulty 6.393061 | Height = 199794 | Balance: 3.677136 CSD | Payout: 0.000000 CSD | 00:11:55

SOLOminer

Code:

[METERS] 579.937500 PPS | 7.625000 CPS | 0 Blocks | 0.000000 CSD per Hour | Height = 199794 | Difficulty 6.393061 | 00:06:24
[METERS] 328.750000 PPS | 3.062500 CPS | 0 Blocks | 0.000000 CSD per Hour | Height = 199794 | Difficulty 6.393061 | 00:06:40
[METERS] 535.187500 PPS | 6.125000 CPS | 0 Blocks | 0.000000 CSD per Hour | Height = 199794 | Difficulty 6.393061 | 00:06:56
[METERS] 331.312500 PPS | 3.062500 CPS | 0 Blocks | 0.000000 CSD per Hour | Height = 199794 | Difficulty 6.393061 | 00:07:12

Solo miner has 6.x diff sieving modifications that skip primes, I took that one out for Pool Miner to get more shares.

Thank You,
Viz.

oh... ok
Thx Videlicet

[Videlicet]

Sure thing bud

PPS isn't a very good guage for how much you'll actually earn, as the algorithms supercomputing did really are trying to find places in the number line that clusters are, without having to search primes to find them.

Thank You,
Viz.

[kickstarter]

Hey guys,

heard from someone about this project and wanted to invest but have some questions before..

How many scamcoins have you guys successfully destroyed so far? What's the average kickback you get for buy walling? I went through the chart and all CSD does is go down so I was wondering how well your system works actually.. :/

Would like to hear an opinion. Thanks

[Videlicet]

Well my friend  

So far 0 economies absorbed, this data will be built up as the system matures.
First we need to develop a stronger community to ensure the given consensus can be accurate.

Next we need capitalization activation to absorb given currency.
I'd project we should start eating coins around summer. Currently Coin Shield Core has over 11 features never seen in Crypto, so this is our "baseline" that we are building from. Next comes the ranking platforms for The Recyclers and The Shield.

Once coins are ranking, and they reach #1 position and our market cap can support the absorption, these coins will have recyclers opened.
I would invest in CSD purely under the premise that it is a useful tool designed to breed a new environment in crypto currency of quality and technology. The recycling system is one part of Coin Shield, when there are numerous other components that will add similar levels of value.

It takes time for things to mature without mutation, such is seen echoed through time.

Thank You,
Viz.

[kondiomir]

Coinshield supporters retweet:

https://twitter.com/acimirov/status/576862785658830849

[kickstarter]

Well my friend  

So far 0 economies absorbed, this data will be built up as the system matures.
First we need to develop a stronger community to ensure the given consensus can be accurate.

Next we need capitalization activation to absorb given currency.
I'd project we should start eating coins around summer. Currently Coin Shield Core has over 11 features never seen in Crypto, so this is our "baseline" that we are building from. Next comes the ranking platforms for The Recyclers and The Shield.

Once coins are ranking, and they reach #1 position and our market cap can support the absorption, these coins will have recyclers opened.
I would invest in CSD purely under the premise that it is a useful tool designed to breed a new environment in crypto currency of quality and technology. The recycling system is one part of Coin Shield, when there are numerous other components that will add similar levels of value.

It takes time for things to mature without mutation, such is seen echoed through time.

Thank You,
Viz.

Oh, ok, I thought that was the point of Coinshield. So it's just another proof-of-work coin then?

No offense, just wanna know if there is anything special about CSD

[Videlicet]

Well, I spent 5+ months building it.

We have security 4x that of NSA using 1024 Cryptography.
Our ECC is 571 Bit which is 2x that of Bitcoin.

There is no way to inflate, as I built a fractional reward / released reserve system. Eliminates Multi-pool inflationary profits, or large miners reaping rewards while difficulty adjusts.

It has 3 block production channels, a CPU algorithm I built searching for dense prime clusters of ~308 digits in size, a GPU algorithm I built doing hash cash POW for my SK-2014 algorithm, and finally a PoS channel for 2% yearly interest.

I am developing a template library termed the Lower Level Library as a high security web template toolkit that can be used to replace all dependencies in Coin Shield Core except for OpenSSL. It will also be useful in developing high efficiency, high security systems for many regions of the internet beside just crypto currency, this will indirectly produce value back into Coin Shield.

It uses the LLP [Lower Level Protocol] for our Mining LLP and Core LLP.

Mining LLP is a dedicated protocol for mining.
Core LLP synchronizes drifting clocks to 1-2 seconds.

Decentralized Checkpoints, Node Trust, The list goes on, I'd recommend reading the OP.

The digital recycling system is a tool extended from Coin Shield Core, to offer users the ability to recycle their worthless coins to get CSD, in turn producing price stability for Coin Shield.

The Shield is a platform designed to reduce ranking manipulations, and create the most accurate image of valuable assets in the industry, to provide an entry point to new users as a reference to community opinion, all in one place.

When I release the source, you'll see that it has no resemblance to any other code base, I completely pulled peercoin apart, rebuilt it, and added technology that overcomes many limitations Bitcoin still has yet to resolve.

Thank You,
Viz.