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Author Topic: Nexus - Pure SHA3 + CPU/GPU + nPoS + 15 Active Innovations + More to Come  (Read 785439 times)
edmundduke
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March 14, 2015, 10:41:07 PM
Last edit: March 14, 2015, 10:59:18 PM by edmundduke
 #2461

Looks like a solid project! Ill get some of the bag and will see where it takes us!

Tried to withdraw some coins from Bittrex and Bittrex wallet shows as "Blocked" meaning something is off. Tried to see from a block explorer and found one at coinshieldtalk but it didnt show the transactions.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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March 14, 2015, 11:14:15 PM
 #2462

I'm looking now, and it doesn't show blocked for me  Undecided

Transactions don't show up on explorer until 1 confirmation, I should change this probably  Wink

Thank You,
Viz.

Let me know if you still have issues and we can get to the bottom of this

[Nexus] Created by Viz. [Videlicet] : "videre licet - it may be seen; evidently; clearly"
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March 14, 2015, 11:15:37 PM
 #2463

I'm looking now, and it doesn't show blocked for me  Undecided

Transactions don't show up on explorer until 1 confirmation, I should change this probably  Wink

Thank You,
Viz.

Let me know if you still have issues and we can get to the bottom of this

It got fixed now. It got cleared about 2 min after i posted the text lol. (but it had been down for over an hour from what it showed me)
All good now Smiley
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March 14, 2015, 11:17:24 PM
 #2464


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 Smiley



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.



hahah kickstarter if you read this reply... id say every feature of csd is special, every aspect is original, even the protocol.

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Videlicet
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March 14, 2015, 11:24:43 PM
 #2465

I'm looking at block chain for last 3 hours and see no slow blocks, every block is 2-5 minutes. It could have been an issue with Bittrex's node. The network looks good. Do you have any specific times this happened? I like to fully investigate any possible issues.

Thank You,
Viz.

[Nexus] Created by Viz. [Videlicet] : "videre licet - it may be seen; evidently; clearly"
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March 14, 2015, 11:26:25 PM
 #2466

As Shield people gets Purls exactly we suppose get from Coin Shield too.... Smiley

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March 14, 2015, 11:28:15 PM
 #2467

Looks to be developing into something special a little different to the norm shit that is produced these days good luck with the project reading some further documentation about the project
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March 14, 2015, 11:28:50 PM
 #2468

Yup Smiley And we also get to know we are making the world a better place, while making money  Wink

If only the whole world could do this, finally be some peace  Undecided
Viz.

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March 14, 2015, 11:52:02 PM
 #2469

I admire your work , Viz , keep going. I think this community here realizes every single day the need of such a project. Thanks once again
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March 15, 2015, 12:07:38 AM
 #2470

It's almost like crypto entertainment seeing people trade CSD on bittrex, of placing orders for getting the best price, one after the other.
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March 15, 2015, 01:54:08 AM
 #2471

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.

You know I like this coin, Coin Shield, but I also have some NXE.

It says right in the post that there is a 2 million NXE Coin swap and a 200k pre mine. Hence the 2.2 million first block. They had to get NXE from some where to trade give the old coin holders a 1 for 1 coin to the new one. And yes I got exactly to the last sat of the NXE for the old coin I sent.

On the other issues you point out well that is a different story but don't go saying about a hidden premine when the info is posted right in the OP. And yes the 2.2 million did match the first block.

If you are going to leave your BTC on an exchange please send it to this address instead 1GH3ub3UUHbU5qDJW5u3E9jZ96ZEmzaXtG, I will at least use the money better than someone who steals it from the exchange. Thanks Wink
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March 15, 2015, 01:59:34 AM
 #2472

Yes you are correct, I have been verifying this with the developer so I can understand fully the nature of this pre-mine and components of the development of this coin: https://bitcointalk.org/index.php?topic=977489

Thank You,
Viz.

Edit: We may need more organization when doing reviews like this in the future to prevent confusion.

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March 15, 2015, 02:00:34 AM
 #2473

Yes you are correct, I have been verifying this with the developer so I can understand fully the nature of this pre-mine and components of the development of this coin: https://bitcointalk.org/index.php?topic=977489

Thank You,
Viz.

I just seen that you responded there.

Thanks

If you are going to leave your BTC on an exchange please send it to this address instead 1GH3ub3UUHbU5qDJW5u3E9jZ96ZEmzaXtG, I will at least use the money better than someone who steals it from the exchange. Thanks Wink
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March 15, 2015, 02:01:46 AM
 #2474

You're welcome.  Smiley

Thank You,
Viz.

[Nexus] Created by Viz. [Videlicet] : "videre licet - it may be seen; evidently; clearly"
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March 15, 2015, 02:26:04 AM
 #2475

I saw your posts on SCSY thread, Viz. Is there any association with that coin? Thanks!
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March 15, 2015, 02:34:18 AM
 #2476

I have no association with that coin other than a request from a user of our community to review their source code to verify their claims of innovation.

Thank You,
Viz.

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March 15, 2015, 02:36:51 AM
 #2477

I have no association with that coin other than a request from a user of our community to review their source code to verify their claims of innovation.

Thank You,
Viz.
Thanks for the answer, Viz.
I just read your posts at other coins too.  Smiley
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March 15, 2015, 02:47:20 AM
 #2478

Anytime  Smiley I'm always happy to help in whatever ways I can.

So don't ever hesitate to ask  Wink
Viz.

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March 15, 2015, 03:09:15 AM
 #2479

Anytime  Smiley I'm always happy to help in whatever ways I can.

So don't ever hesitate to ask  Wink
Viz.


we should do some bounties for stuff, i feel like giving away some of my CSD.

edit, get some more community activity in here, you know everybody loves free coins.




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March 15, 2015, 03:35:46 AM
 #2480

Sure, I'm up for it. I can donate some coins too.

Thank You,
Viz.

[Nexus] Created by Viz. [Videlicet] : "videre licet - it may be seen; evidently; clearly"
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