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

[Videlicet]

Will post some news later this week on the current progress of Pool Ui and PoS v3.0 for new core release.

Thank you,
Viz.

[cestballot]

Logo Nexus .png without background

exemple integration here : http://nexusniropool.cestballot.fr/

Cest Ballot

[Videlicet]

Just finished some updates to nexusniro.com. Anyone have any ideas as to what they would like to see for the home tab animations?

Thank You,
Viz.

[nara1892]

Going up

700sat possible

[UserAlter]

just 1 BTC to 700 sat! 

[AliMan]

You guys are aiming wayy low, this baby is worth 3K sat min.....

[Stenull]

You guys are aiming wayy low, this baby is worth 3K sat min.....

Minimum 😎 that's why I still market buy this baby.

[cestballot]

You guys are aiming wayy low, this baby is worth 3K sat min.....

Minimum 😎 that's why I still market buy this baby.

we support Nexus economy and we target 2k sat realy soon (core 1.0.3 update) and more than 7k sat after big feature release (core 2.0)

Point of view about : http://nexusniro.com/forum

KK I think forum is not good to compare bitcoin and Niro, whitepaper is better

We are nexus

Cest Ballot

[KryptoKash]

You guys are aiming wayy low, this baby is worth 3K sat min.....

Minimum 😎 that's why I still market buy this baby.

we support Nexus economy and we target 2k sat realy soon (core 1.0.3 update) and more than 7k sat after big feature release (core 2.0)

Point of view about : http://nexusniro.com/forum

KK I think forum is not good to compare bitcoin and Niro, whitepaper is better

We are nexus

Cest Ballot

Hi Cest,
Thanks for the feedback. I'm trying to make the forum/features as non technical as possible. The majority of the community (myself included) can't look at code and know what it means. I will be posting the whitepaper on the forum as well for those of us who want a very in depth technical explanation.
Let me know your thoughts,
Thank You.

[Videlicet]

Seeing all these instant buys I'm really starting to think it would be wise to get the recyclers moving.

This would allow "impulse" buyers to purchase at a fixed rate without driving up the sell side, which will in turn push up the buy side which will help us maintain price stability and slowly increase price rather than watching constant up / downs.

Anyone else agree?

Thank You,
Viz.

[AliMan]

Seeing all these instant buys I'm really starting to think it would be wise to get the recyclers moving.

This would allow "impulse" buyers to purchase at a fixed rate without driving up the sell side, which will in turn push up the buy side which will help us maintain price stability and slowly increase price rather than watching constant up / downs.

Anyone else agree?

Thank You,
Viz.

Definitely an interesting theory. Although I thought that just by the curve itself by the daily coin reduction per block would take care of the price stability thing as I think you mentioned some time back?

Although it would be good to see it in action.

[Videlicet]

The decay equations do help with price stability but more long term. As far as now I've been watching the markets for about 6 months seeing how bubbles tend to take form, and I've noticed it to be a weakness on the buy side, where someone drives the price up on the sell side, and the buy liquidity doesn't come to match up so the price just falls back down to the highest bid once someone makes a sale.

The way the recyclers would work is someone can make a purchase of X Niro to the recyclers at a fixed price set by lowest sell order, which will allow produced BTC to be transferred into the exchanges and used to build up more buy support so that the impulse buyers get their coins at a better price without driving the price up, but it can slowly increase the price as more and more BTC are put into buy liquidity. Once someone sells onto the Recycler buys, the Niro purchased will be transferred back to the recyclers keeping the system moving.

Was thinking at least for starters to load up one of the 13 recycler keys and see what happens with a basic system, but so far over the past 2 weeks we could have at least 10-20 BTC in buy support just from the instant buys that drive up the price, this would mean that the liquidity would be maintained, and the price would continue a slow rise as more and more BTC are produced and put into buy support.

Let me know,
Viz.

[KidCrypto]

thanks for your hard work dev, I am happy to see some upward movement

[cestballot]

first we need a fully operational money with GPU/CPU pool with web UI and web site with all information needed.
Core 1.0.3 have to be launched before we start and probably core 2.0.x and after we can start recycling. Now we have highly technologie close to fully be ready but we need a little more.

Some news about new exchange ? Bitslaper CUDAminer ? GPU pool?

We are Nexus and we support you DEV

Cest Ballot

[Videlicet]

Alright I'll put priorities to finishing up PoS 3.0 and the Pool infrastructure. Have a way to optimize the pool CPU usage also down at by a factor of 6

Thank You,
Viz.

[Namsbreh]

I agree concentrate on 1.0.0.3 first.

Another exchange would be good too, might help prevent some of the manipulation, which in my opinion is what is causing the price instability.
 

[AliMan]

I agree concentrate on 1.0.0.3 first.

Another exchange would be good too, might help prevent some of the manipulation, which in my opinion is what is causing the price instability.
 

We were actually on the running list of another exchange, not sure what happened to that one.

[Namsbreh]

I put in a request at all the exchanges I use at the beginning of the year and I know others did the same too.  I'd love to see Niro listed on Polo.  Trex is ok but there are so many shitcoins listed, there were all the scams last year and now the decreased history that hides the manipulation.  Unfortunately Niro is floating in a see of shit(coins) at Bittrex.

Hopefully other exchanges will 'soon come' as the features are released.  I know the source code not being public was/is an issue, but I'm sure Viz said he would be happy to discuss if approached by exchanges.

[Videlicet]

Yes you can tell all exchanges that I am willing to personally e-mail them the source code as this is necessary for them to compile on their own servers.

This is another reason I want to get the recyclers going, as this will drastically reduce the buyer's ability to manipulate the prices as it is the buyers that are setting the market currently, but more competition and liquidity on the buy side of the market will force them out of their comfortable positions, to actually have to start paying for more of what the Niro is actually worth.

Thank You,
Viz.

[Namsbreh]

This is another reason I want to get the recyclers going, as this will drastically reduce the buyer's ability to manipulate the prices as it is the buyers that are setting the market currently, but more competition and liquidity on the buy side of the market will force them out of their comfortable positions, to actually have to start paying for more of what the Niro is actually worth.

Thank You,
Viz.

Sounds good.

1.0.0.3 needs to come first though, you have been talking about it since feb/mar.  Nobody expects recyclers yet, not until July/August at earliest, I think thats what I read.