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

[pdogg147]

Wow, nice volume. Hope it keeps moving and gets the attention this coin deserves!!! 1,000 sats is absolutely nothing compared to where we should be...

Top 4 on Bittrex 20 bitcoins volume  
 TOP 3 with 23 bitcoins vol  

Make that 36 BTC...  Like whoa!  Whale time!

40 BTC  

Niro BTC Vol : 60?

price : 0.00001050    niro : 498625.31535000    total BTC : 5.23556581

BOOM

Who the heck sold the 5BTC worth??? Wow!

There was actually a 550K+ buy as well...

Right, someone had a 7+BTC buy up that was sold into, but someone sold 5BTC in one chunk into that.

[ffman]

I have a little suspicious,
Maybe there is no POS version.
Release test version.
For the CSD development team to sell all of their coins。
Perhaps this is a fraud

[Razerglass]

I have a little suspicious,
Maybe there is no POS version.
Release test version.
For the CSD development team to sell all of their coins。
Perhaps this is a fraud

yes huge dumps sell while you can

[merc84]

Just LOL   Shills

[Razerglass]

Just LOL   Shills

we need more dump fud shills, I need more coinz

[Videlicet]

I'll be posting a more detailed update later this weekend on the developments of nPoS. But for now in less detail I am currently creating a Variable Weight / Active Staking incentive with Variable Interest awarded more to active Stakers then holders, i.e. those staking and securing network earn more then those holding to stake at a later time. Will include weight thresholds, logarithmic curves for Genesis Stake Weight, Trust Keys, Stake Limits, so forth.

Just about have the algorithm put together. I'll explain all the details when I finalize, coding it then releasing one final Testnet to ensure it works as it should. Got plenty of good data from this public testnet, weighted difficulties using weighted averages works perfect, now to improve the stake weighting system. I'd give this Testnet release time Monday or Tuesday, and then Full Release 1 week later. This would put my prediction for the Block Version 4 Time Lock in the Full Release to be ~ 7/13/15 when I release the Main Net binaries, possibly less though I generally like to run Mandatory Time Locks to activate at 1 Week after release.

As always, suggestions welcome.

Thank You,
Viz.

[AliMan]

Sounds good man, could you clarify on the stakers vs holders part. As long as we have it in our wallet and with the new core, we'd be staking?

[mumus]

I have a little suspicious,
Maybe there is no POS version.
Release test version.
For the CSD development team to sell all of their coins。
Perhaps this is a fraud

[Razerglass]

I'll be posting a more detailed update later this weekend on the developments of nPoS. But for now in less detail I am currently creating a Variable Weight / Active Staking incentive with Variable Interest awarded more to active Stakers then holders, i.e. those staking and securing network earn more then those holding to stake at a later time. Will include weight thresholds, logarithmic curves for Genesis Stake Weight, Trust Keys, Stake Limits, so forth.

Just about have the algorithm put together. I'll explain all the details when I finalize, coding it then releasing one final Testnet to ensure it works as it should. Got plenty of good data from this public testnet, weighted difficulties using weighted averages works perfect, now to improve the stake weighting system. I'd give this Testnet release time Monday or Tuesday, and then Full Release 1 week later. This would put my prediction for the Block Version 4 Time Lock in the Full Release to be ~ 7/13/15 when I release the Main Net binaries, possibly less though I generally like to run Mandatory Time Locks to activate at 1 Week after release.

As always, suggestions welcome.

Thank You,
Viz.

thanks for the update, a week is great for the market to relax and let some new investors have some coins, there is alot of interest in this whole community

[starblocks]

nPOS appears all good on the testnet



Looking forward to final release in just a few more days!

[go6ooo1212]

The diff is rising these days , I guess the network will blow when the New release is on the table

[cestballot]

http://nexusniropool.cestballot.fr/ News :
We are under attack   Not a DDos We just have overmuch connections ! to many users !

It's realy good for Nexus but for my pool it's too hard  

I'll keep you posted when we found a solution with Viz

Edit first solution I done Min diff set at 4.6 !

I'll be posting a more detailed update later this weekend on the developments of nPoS. But for now in less detail I am currently creating a Variable Weight / Active Staking incentive with Variable Interest awarded more to active Stakers then holders, i.e. those staking and securing network earn more then those holding to stake at a later time. Will include weight thresholds, logarithmic curves for Genesis Stake Weight, Trust Keys, Stake Limits, so forth.

Just about have the algorithm put together. I'll explain all the details when I finalize, coding it then releasing one final Testnet to ensure it works as it should. Got plenty of good data from this public testnet, weighted difficulties using weighted averages works perfect, now to improve the stake weighting system. I'd give this Testnet release time Monday or Tuesday, and then Full Release 1 week later. This would put my prediction for the Block Version 4 Time Lock in the Full Release to be ~ 7/13/15 when I release the Main Net binaries, possibly less though I generally like to run Mandatory Time Locks to activate at 1 Week after release.

As always, suggestions welcome.

Thank You,
Viz.

I can't wait We also need OP update

We are Nexus
   

[drizzle2405]

Any updates?

[UPBebop]

I'll be posting a more detailed update later this weekend on the developments of nPoS. But for now in less detail I am currently creating a Variable Weight / Active Staking incentive with Variable Interest awarded more to active Stakers then holders, i.e. those staking and securing network earn more then those holding to stake at a later time. Will include weight thresholds, logarithmic curves for Genesis Stake Weight, Trust Keys, Stake Limits, so forth.

Just about have the algorithm put together. I'll explain all the details when I finalize, coding it then releasing one final Testnet to ensure it works as it should. Got plenty of good data from this public testnet, weighted difficulties using weighted averages works perfect, now to improve the stake weighting system. I'd give this Testnet release time Monday or Tuesday, and then Full Release 1 week later. This would put my prediction for the Block Version 4 Time Lock in the Full Release to be ~ 7/13/15 when I release the Main Net binaries, possibly less though I generally like to run Mandatory Time Locks to activate at 1 Week after release.

As always, suggestions welcome.

Thank You,
Viz.

I've testetd 1.0.3 binaries. All seems to be OK. Waiting for testnet release you've promised to publish today

[drizzle2405]

Quiet...

[borris123]

Quiet...

just waiting for release. enjoy the cheap coins while you can.

[Videlicet]

Well you will enjoy the work I've been doing as far as Trust Keys, Variable Stake Weight, so forth. Almost ready for final testnet release, I'll keep everyone posted to my progress today at finishing it. Could be a couple more days though as I'm just about at the compiling stage which means debugging is next.

This should finalize nPoS
So far trust keys are done, working out the Variable Weight, and then to testing it personally and then to testnet release to let it run for about a week to ensure the variable interest is working as it should so forth.

One of the prime points of this aspect of nPoS is that Variable Interest builds not from holding coins, but from staking coins. This will give incentive to users to secure the network, as their interest rates will increase to 3% over a year's worth of staking as long as their trust key doesn't expire. A trust key expires after no stake blocks seen for ~2 weeks.

Another aspect is securing the network from those wanting to hold their coins to build weight to produce more blocks at current difficulty later on down the road as the highest weight will always be awarded to daily stakers who are staking with their trust key. Weight will take 30 days to build the Genesis Coinstake which will establish the Trust Key, and being the growth of interest rate from 0.5% to 3% after 1 year.

This also allows Trust Keys to be given staking limits such as, 1 stake block every 100 blocks, or whatever limit I set. This prevents yet one more possible attack vector, and ensures the security in nPoS reflects the security already implemented accordingly, and that even larger coin holders have less advantage to getting stake blocks as smaller holders, for their stake blocks with their trust key will only be allowed to a set quantity daily, which opens the doors for smaller stakers to get their blocks in.

Thank You,
Viz.

[drizzle2405]

Well you will enjoy the work I've been doing as far as Trust Keys, Variable Stake Weight, so forth. Almost ready for final testnet release, I'll keep everyone posted to my progress today at finishing it. Could be a couple more days though as I'm just about at the compiling stage which means debugging is next.

This should finalize nPoS
So far trust keys are done, working out the Variable Weight, and then to testing it personally and then to testnet release to let it run for about a week to ensure the variable interest is working as it should so forth.

One of the prime points of this aspect of nPoS is that Variable Interest builds not from holding coins, but from staking coins. This will give incentive to users to secure the network, as their interest rates will increase to 3% over a year's worth of staking as long as their trust key doesn't expire. A trust key expires after no stake blocks seen for ~2 weeks.

Another aspect is securing the network from those wanting to hold their coins to build weight to produce more blocks at current difficulty later on down the road as the highest weight will always be awarded to daily stakers who are staking with their trust key. Weight will take 30 days to build the Genesis Coinstake which will establish the Trust Key, and being the growth of interest rate from 0.5% to 3% after 1 year.

This also allows Trust Keys to be given staking limits such as, 1 stake block every 100 blocks, or whatever limit I set. This prevents yet one more possible attack vector, and ensures the security in nPoS reflects the security already implemented accordingly, and that even larger coin holders have less advantage to getting stake blocks as smaller holders, for their stake blocks with their trust key will only be allowed to a set quantity daily, which opens the doors for smaller stakers to get their blocks in.

Thank You,
Viz.

I believe you have created the most fair coin to date...  Amazing...

[limar]

your irc channel is invite only ?? how to get one.

[merc84]

Seems there is an issue with gpu miner clock control when using 14.4 drivers; for example running 3x 280x specify in conf 1000,1000,1000 gpu core 1250,1250,1250 for memory checking with gpuz i have 1000,1500 1100,1500 1100,1500. Similar results on 5 x 280x rig.