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Author Topic: Nexus - Pure SHA3 + CPU/GPU + nPoS + 15 Active Innovations + More to Come  (Read 785037 times)
Crypthos
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September 11, 2016, 10:33:47 AM
Last edit: September 11, 2016, 11:23:50 AM by Crypthos
 #5461

There is an issue with the Bittrex link on CoinMarketCap, it has been like this for about 2 weeks.

If you go Nexus https://coinmarketcap.com/currencies/nexus/#charts ,click on Markets, then NXS/BTC on Bittrex is not working, they still have old ticker as well.
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September 11, 2016, 12:23:27 PM
 #5462

There is an issue with the Bittrex link on CoinMarketCap, it has been like this for about 2 weeks.

If you go Nexus https://coinmarketcap.com/currencies/nexus/#charts ,click on Markets, then NXS/BTC on Bittrex is not working, they still have old ticker as well.

Trex are dragging their feet.  Support tickets have been raised but they are taking their time changing the ticker, Cryptopia made the change real quick.

pdogg147
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September 11, 2016, 12:44:21 PM
 #5463

There is an issue with the Bittrex link on CoinMarketCap, it has been like this for about 2 weeks.

If you go Nexus https://coinmarketcap.com/currencies/nexus/#charts ,click on Markets, then NXS/BTC on Bittrex is not working, they still have old ticker as well.

Thanks.  We were aware when it happened.  We requested they change the link for Cryptopia and they also went ahead and updated the Bittrex link without Bittrex making the ticker change.


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September 11, 2016, 02:41:01 PM
 #5464

If you scroll down the main page you can see most of the differences, but gonna give some of them

-To hack Nexus you'll need to make a 51% attack on three mining channels as this is a hybrid coin, this means uses proof of work like Bitcoin and 2 proof of stake channels to secure the network. Which makes it almost inmune to those attacks.
- Talking about security is the most secure coin out there, your private keys will be 571bit security, that is twice as secure as Bitcoin, but it uses Skein at 1024bit security and SHA3 winner Keccak at 1600bit for the hashing, that is 4 and 6 times as secure as Bitcoin, this is due to the development of more and more powerful quantum computers, right now the only crypto who has a chance to deal with quantum computers 10 - 15 years in the future is Nexus, Core developer and founder Videlicet is developing a hashing algorithm for Nexus called "Calculus Space Cryptography", if this issue is not addressed quantum computer will simply destroy all crypto with ease in a decade or so, Nexus is doing something about it.
-It will be the first coin in having reversible transactions, if you fuck up, you have a time frame to reverse it.
-Dev's father was co-founder of SpaceX with Ian Musk and now with his own company Vector Space will send cube satellites to orbit in 2-3 years with Nexus and Bitcoin nodes to broadcast the blockchain from space and provide free wireless internet for the world ( I know doesn't sound legit but check the page and sources, this is going to happen).
-Bitcoin tech is Single-Threaded, which means every task, transaction, messaging that happens in Bitcoin must wait in line its turn to be processed that is why everything with Bitcoin is SLOW, Nexus will be the first coin using Multi-Thread by the use of the Merkle Tree this way every area of the coin will have its on thread, kinda like your computer can handle different task at the same time.
-Bitcoin and other cryptocurrencies blocks are getting bigger and bigger which makes the blockchain very large and bloated, Nexus will make blocks smaller, if you want to know how this will be achieved, listen to the podcast, go to our youtube channel and its there.
- Until now there is no crypto capable of handling real world visa-mastercard volume, Bitcoin will try to do this by using the Lighting Network, Nexus wont need to rely on third parties to achieve this volume.
- Crypto transactions are cheap but as the coin gets more expensive the transactions as well, Nexus will offer free and instant transactions which will make it useful in real world beyond crypto sphere.

Short explanation in a few sentences? nope, hope it helps.

I shared this comment across a few of our mediums. It is by far the best explanation on this whole thread. Thank you for making it. Hope you dont mind I made a few minor corrections as there are 2 mining channels and one POS channel...

Want to get into the Bitcoin ATM business? Ask me how! https://chainbytes.com/
Crypthos
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September 11, 2016, 05:08:32 PM
 #5465

Its cool Keith, thanks for sharing  Wink
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September 13, 2016, 06:39:17 PM
 #5466

Check out this Vector rocket test, limited time to watch/download via link until Nov 11th. http://linkis.com/review.bellmedia.ca/GLLgv

Bittrex should be updating Nexus ticker from NIRO to NXS sometime soon.  We've confirmed this with Bill, Richie, Ryan.  No ETA.  Nexus team will announce when the ticker change is finalized.
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September 16, 2016, 02:35:11 AM
Last edit: September 17, 2016, 08:53:43 PM by pdogg147
 #5467

Since Nexus is self-funded by the Development Team, we have set up a BTC account to pay for items like servers for the Network and website, ticker change at Bittrex, website maintenance, bounties for needed tasks, marketing materials, etc.  If you would like to contribute to help the Nexus Team pay for some of these and other expenses our BTC address is 1My2GsdknNxs2x8BLPfzAQUQ1oGVouBi6Y.  Our NXS Address is 2Qpe2rDTMUKBq4evL9im61SBj3dAJ4H3u1SiVjYbSdwYPJy5NSP.  Every little bit helps.  We thank you for your continued support.

The Nexus Team

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September 16, 2016, 07:09:11 AM
 #5468

Only a small volume - c'mon !
https://www.bittrex.com/Market/Index?MarketName=BTC-NIRO

IMPORTANT:http://bitcointalk.org/index.php?topic=177133.0,Tips welcome BTC:1AAMARKETmJvfjDwEFmhyYYwfre7ZFVseP  RIC:RGnX6LcJrsVEuYeySDDxkmH7AjRqoprcKt
borris123
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September 16, 2016, 12:26:19 PM
 #5469




good buy support on here. expect some serious movement soon  Grin
adaseb
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September 16, 2016, 02:34:09 PM
 #5470

When I am solomining with the GPU sometimes the difficulty target is very low and I keep submitting blocks that keep getting rejected. Sometimes the difficulty target  is something such as 0x00000000BE8A00 which is very low and I keep submitting shares which get rejected. When the difficulty target is 0x0000000000BE8A00 then its correct and when I found a block its submitted and accepted. Anyone know why that happens?

Is it because the GPU miners find a block, and then all blocks get rejected until the CPU miners find a block, and vice versa?

.BEST..CHANGE.███████████████
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..BUY/ SELL CRYPTO..
merc84
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September 16, 2016, 02:52:54 PM
 #5471

When I am solomining with the GPU sometimes the difficulty target is very low and I keep submitting blocks that keep getting rejected. Sometimes the difficulty target  is something such as 0x00000000BE8A00 which is very low and I keep submitting shares which get rejected. When the difficulty target is 0x0000000000BE8A00 then its correct and when I found a block its submitted and accepted. Anyone know why that happens?

Is it because the GPU miners find a block, and then all blocks get rejected until the CPU miners find a block, and vice versa?

Are you using the wolf gpu miner, it is a known bug the miner submits many blocks to the wallet below target which are frequently rejected tho it does not seem to decrease the effective rate of actual blocks it finds that are of sufficient difficulty. The blocks do not need to get be submitted from alternating channels.

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September 16, 2016, 02:57:13 PM
 #5472

When I am solomining with the GPU sometimes the difficulty target is very low and I keep submitting blocks that keep getting rejected. Sometimes the difficulty target  is something such as 0x00000000BE8A00 which is very low and I keep submitting shares which get rejected. When the difficulty target is 0x0000000000BE8A00 then its correct and when I found a block its submitted and accepted. Anyone know why that happens?

Is it because the GPU miners find a block, and then all blocks get rejected until the CPU miners find a block, and vice versa?

Are you using the wolf gpu miner, it is a known bug the miner submits many blocks to the wallet below target which are frequently rejected tho it does not seem to decrease the effective rate of actual blocks it finds that are of sufficient difficulty. The blocks do not need to get be submitted from alternating channels.



Yes I am using the wolf gpu miner.

I get something like this

[08:53:54] Thread 1: Signaled to reload work.
[08:53:54] nSize: 123.
[08:53:54] Target: 0x000000006B7DBE00


However I don't think it will ever find a block this way since the target seems incorrect, seems very small.

It seems to only effectively mine 50% of the time, whenever the target is this low it will never find an actual block that gets accepted.


.BEST..CHANGE.███████████████
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..BUY/ SELL CRYPTO..
merc84
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September 16, 2016, 03:53:11 PM
 #5473

Yes but a valid block can still be found even if the target in the miner is to low, all that happens is the miner submits it to the wallet and the wallet either rejects/accepts it based on if it meets the diff requirement. Essentially this has no effect on the actual rate of blocks the miner will find however it has a more concerning side effect with the new nexus wallet, which can lead to the wallet banning the miners ip for spamming below target blocks.

Edit: Think of it like a pool miner, its submitting shares to the wallet, when in reality they will not be accepted unless they are above current diff.
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September 16, 2016, 04:34:36 PM
 #5474

Yes but a valid block can still be found even if the target in the miner is to low, all that happens is the miner submits it to the wallet and the wallet either rejects/accepts it based on if it meets the diff requirement. Essentially this has no effect on the actual rate of blocks the miner will find however it has a more concerning side effect with the new nexus wallet, which can lead to the wallet banning the miners ip for spamming below target blocks.

Edit: Think of it like a pool miner, its submitting shares to the wallet, when in reality they will not be accepted unless they are above current diff.

Alright I will do more investigating, thanks for your help.

.BEST..CHANGE.███████████████
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..BUY/ SELL CRYPTO..
Malooka
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September 16, 2016, 05:45:05 PM
 #5475

Is this thing ever going to $1?
Stenull
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September 16, 2016, 07:08:43 PM
 #5476

Is this thing ever going to $1?


Think tomorrow is the 1$ date... positive!

Change...is in the air.
You know why
Crypthos
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September 16, 2016, 08:41:20 PM
 #5477

Is this thing ever going to $1?


"This thing"  Grin...  Bitcoin 2009-2012.
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September 16, 2016, 09:32:56 PM
 #5478

Is this thing ever going to $1?


just a matter of time. looking far ahead of $1. if vector started tagging us in their twitter posts that would be stupid amount of coverage. we dont want to hype tho but getting confirmation from vector that this is happening a few times would surely secure this coin in top 5. we know it is, as vector is viz/coin devs ceo/dad but new people will be thinking its hype like other coins. we need to feed the lazys that dont want to research.
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September 17, 2016, 01:42:20 PM
 #5479

Since Nexus is self-funded by the Development Team, we have set up a BTC account to pay for items like servers for the Network and website, ticker change at Bittrex, website maintenance, bounties for needed tasks, marketing materials, etc.  If you would like to contribute to help the Nexus Team pay for some of these and other expenses our BTC address is 1My2GsdknNxs2x8BLPfzAQUQ1oGVouBi6Y.  Every little bit helps.  We thank you for your continued support.

The Nexus Team

Every single person in the NXS community should take this very seriously, and speak up.  Yes, even you.

I am a completely objective voice.  I have zero affiliation with NXS development team.  I have 20 years of experience in the stock market however, and know why and how winners and losers emerge. 

Everyone on this board is ‘lean and hungry’.  Developers as well as NXS enthusiasts like me and you.  Smart and damn near broke leads to innovation.  Smart and completely broke leads to cutting corners, talent poaching, and collapse.  The development team has given fair warning that they are somewhere in between the two.  Yes, I understand, likely no one reading this has extra money.  So let us re-examine the problem and challenge the status quo:

Can we vote to increase the developer commission percentage, right now?  If not, exactly how long COULD YOU PERSONALLY work nearly for free, even on a project you deeply believed in?  How much of your personal grocery money would you invest in servers, if you were Colin, if you were already working and innovating for nearly nothing?  If you think 2.5% is excessive, you can always jump over to LBRY or another cryptocurrency which was literally 99% developer/insider controlled from day 1, and they are still performed a $500K funding raise on September 8th.  There should be performance bonuses as well every time NXS hits $5M, $10M, $15M etc. in market cap.  Colin, what % do you need?  Please give us a frank discussion of a sustainable compensation plan and let’s put it to a vote.

If you think a primary developer deserves no salary, and working for nothing a measure of dedication, just wait until Ethereum or another well funded product offers to pay Colin to leave Nexus and save their inferior blockchains on a day when his rent is due and his girlfriend asks him why he is turning down steak for a PB&J?  He has NEVER asked for money, but how exactly do you expect him to cover his rent while he works for you?  Developer poaching by a well-funded crypto is the 51% attack that NXS enthusiasts like you and I should be concerned with, while Colin is busy defending your hopes and dreams from quantum computer attacks. 

Exactly what value do miners provide Nexus functionality and stability?  Please forgive my lack of understanding on this topic.  Is their compensation proportional to the irreplaceable value they provide?  Will their value change when Nexus is satellite based?  How does their compensation/irreplaceability ratio compare to Colin?

There were several hundred search engines in 1996, and Google was nobody special.  You will be amazed how many cryptos will evaporate in the next 10 due to problems Nexus has already solved.   

Don’t starve Usain Bolt, my dear friends in the Nexus community.  Compensate Colin fairly and free him to innovate. 
pdogg147
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September 17, 2016, 08:55:05 PM
 #5480

Since Nexus is self-funded by the Development Team, we have set up a BTC account to pay for items like servers for the Network and website, ticker change at Bittrex, website maintenance, bounties for needed tasks, marketing materials, etc.  If you would like to contribute to help the Nexus Team pay for some of these and other expenses our BTC address is 1My2GsdknNxs2x8BLPfzAQUQ1oGVouBi6Y.  Our NXS Address is 2Qpe2rDTMUKBq4evL9im61SBj3dAJ4H3u1SiVjYbSdwYPJy5NSP.  Every little bit helps.  We thank you for your continued support.

The Nexus Team

Added our Team Nexus Address

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