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

[glenl]

sp_ ,#5 less performance then previous one..

[1714042473]

1714042473

[1714042473]

1714042473

[1714042473]

1714042473

[BTC4QB]

guys, i have a feeling nexus will reach bitcoin's price in the future 

[shveicar]

guys, i have a feeling nexus will reach bitcoin's price in the future 

I think that the future for this coin will come when it bargains on Poloniex 

[BostonRedsocks]

A unique part about Nexus is the TWO types of hash channels. I get confused about about block frequency, though. From the first post in this thread:

Prime and Hashing Minting Channels: The effective reward is established by the reserve balances. These reserves have a decayed amount deposited every time interval of one minute. If the balance is below a given threshold, the reward value will be based on a time’s value of a decayed amount. This means that the reward will be given based on how long it was taken to create the block. This prevents the reserves from being depleted as large amounts of computing power jump on and off the mining network.

How does this work? I see real blocks in the block explorer sometimes only 10s older than the previous one. Does this mean that miner only got 10/60th of a reward for that block?

Does the hash mining success reset the prime mining, and vice versa? Or does every block need to have one hash success and one prime success?
My guess is either a hash or prime miner success resets the block, but the prime and hash mining rewards each have their own separate timers for partial rewards?

How is hash difficulty set? Is it adaptive, so perhaps if you get lots of 10s blocks from fast hash miners, the difficulty goes up until the frequency drops to an average of 1 m? Does hash difficulty change prime difficulty?

[Bee Cho Chen]

For those who have not yet filled this out to get Nexus on Polo

https://poloniex.com/coinRequest

[akira007]

hou to mining with nvidia ??

i can't conect to server..



any help me ?? please

[nocomments]

hou to mining with nvidia ??

i can't conect to server..

http://image.prntscr.com/image/45d256a1e03c41aea5138cb604f6201e.png

any help me ?? please

For gpu  No pool, only solo mining

[BostonRedsocks]

A unique part about Nexus is the TWO types of hash channels. I get confused about about block frequency, though. From the first post in this thread:

Prime and Hashing Minting Channels: The effective reward is established by the reserve balances. These reserves have a decayed amount deposited every time interval of one minute. If the balance is below a given threshold, the reward value will be based on a time’s value of a decayed amount. This means that the reward will be given based on how long it was taken to create the block. This prevents the reserves from being depleted as large amounts of computing power jump on and off the mining network.

How does this work? I see real blocks in the block explorer sometimes only 10s older than the previous one. Does this mean that miner only got 10/60th of a reward for that block?

Does the hash mining success reset the prime mining, and vice versa? Or does every block need to have one hash success and one prime success?
My guess is either a hash or prime miner success resets the block, but the prime and hash mining rewards each have their own separate timers for partial rewards?

How is hash difficulty set? Is it adaptive, so perhaps if you get lots of 10s blocks from fast hash miners, the difficulty goes up until the frequency drops to an average of 1 m? Does hash difficulty change prime difficulty?

Is it possible each block that gets mined by the hash algorithm sends the unused prime reward to the Nexus authors, and each block that gets PRIME mined sends the unused hash reward to the them instead.  This keeps the hash and prime rewards in sync, but still rewards the miners and the Nexus guys.

[merc84]

A unique part about Nexus is the TWO types of hash channels. I get confused about about block frequency, though. From the first post in this thread:

Prime and Hashing Minting Channels: The effective reward is established by the reserve balances. These reserves have a decayed amount deposited every time interval of one minute. If the balance is below a given threshold, the reward value will be based on a time’s value of a decayed amount. This means that the reward will be given based on how long it was taken to create the block. This prevents the reserves from being depleted as large amounts of computing power jump on and off the mining network.

How does this work? I see real blocks in the block explorer sometimes only 10s older than the previous one. Does this mean that miner only got 10/60th of a reward for that block?

Does the hash mining success reset the prime mining, and vice versa? Or does every block need to have one hash success and one prime success?
My guess is either a hash or prime miner success resets the block, but the prime and hash mining rewards each have their own separate timers for partial rewards?

How is hash difficulty set? Is it adaptive, so perhaps if you get lots of 10s blocks from fast hash miners, the difficulty goes up until the frequency drops to an average of 1 m? Does hash difficulty change prime difficulty?

Is it possible each block that gets mined by the hash algorithm sends the unused prime reward to the Nexus authors, and each block that gets PRIME mined sends the unused hash reward to the them instead.  This keeps the hash and prime rewards in sync, but still rewards the miners and the Nexus guys.

I will do my best to address these questions sequentially as follows;

1) The fractional rewards only kick in when the reserves for each channel drop below a certain level, you can see channel reserves @ nexusoft.io/platform
2) Yes any successful block resets work on all channels, bear in mind there is only one block chain and each new block must be created building upon the hash of the previous block  regardless of its origin.
3) Hash and prime channels have separate reserves for fractional rewards.
4) The difficulty of each channel is independent of the other, and calculated based on the time since the last block for the relevant channel.
5) There is no unused rewards the longer between blocks on a particular channel the more their respective reserves build up, past a certain point (around 350 in reserve i think) then a larger block is paid to ensure the emission is on target. Conversely once the reserves are sufficiently depleted the rewards per block drops to ensure the strict emission targets are met.
6) The "Nexus guys" as you put it are also rewarded with a dev fee ~2% its paid from every x blocks (I dont know the exact frequency). Bear in mind there was no premine of nxs for the dev to use to fund the project.

[BostonRedsocks]

Thanks! That makes a lot of things clearer.

4) The difficulty of each channel is independent of the other, and calculated based on the time since the last block for the relevant channel.

Is this adjustment actually happening properly? If so, what's up with all the 10-20 second blocks? Shouldn't the difficulty automatically be ramped up to stop them?

Go to the block explorer and click through a bunch of blocks, looking at the "nonce".  You'll see lots of giant nonces like 376,227,383,918  but then you'll also see nonces of magnitude like 11,  or 201, or 119.   Those nonces are proof of hash mines that were so easy that they were solved with something like 20 to 100 hash attempts by a single miner. You can see this is true by looking at the hash value and seeing that sometimes only 3 to 5 leading zeros were needed.. Is that by design? Is hash mining difficulty supposed to be so simple?

[paulthetafy]

Thanks! That makes a lot of things clearer.

4) The difficulty of each channel is independent of the other, and calculated based on the time since the last block for the relevant channel.

Is this adjustment actually happening properly? If so, what's up with all the 10-20 second blocks? Shouldn't the difficulty automatically be ramped up to stop them?

Go to the block explorer and click through a bunch of blocks, looking at the "nonce".  You'll see lots of giant nonces like 376,227,383,918  but then you'll also see nonces of magnitude like 11,  or 201, or 119.   Those nonces are proof of hash mines that were so easy that they were solved with something like 20 to 100 hash attempts by a single miner. You can see this is true by looking at the hash value and seeing that sometimes only 3 to 5 leading zeros were needed.. Is that by design? Is hash mining difficulty supposed to be so simple?

The ones with the very small nonces are likely to be proof-of-stake blocks.  Don't forget that these are also in the mix and will account for the short block time you are referring to.   

[BostonRedsocks]

The ones with the very small nonces are likely to be proof-of-stake blocks.  Don't forget that these are also in the mix and will account for the short block time you are referring to.  

Oh!  That explains a lot of my confusion. The proof-of-stake implementation details are especially vague. How are those mined?  (Who does the (obviously simple) computation for it and gets rewarded?)  Why is P-O-S  a 10 second block instead of for example folding it as an extra parallel step into hash and prime mining?    The P-O-S blocks, because of their 10-15 second duration, really dominate the Nexus blockchain storage size and bandwidth.

[yumcoins]

The ones with the very small nonces are likely to be proof-of-stake blocks.  Don't forget that these are also in the mix and will account for the short block time you are referring to.  

Oh!  That explains a lot of my confusion. The proof-of-stake implementation details are especially vague. How are those mined?  (Who does the (obviously simple) computation for it and gets rewarded?)  Why is P-O-S  a 10 second block instead of for example folding it as an extra parallel step into hash and prime mining?    The P-O-S blocks, because of their 10-15 second duration, really dominate the Nexus blockchain storage size and bandwidth.

POS blocks don't have a 10-15 second duration.  They happen every 60 seconds:  http://www.nexusearth.com/specs.html

When you look at a mix of POS (150 seconds) and POW (60 seconds) blocks, the average time between any blocks should be about 42 seconds.  So it's no surprise that you see many blocks with 10-15 second duration, just like you see frequent Bitcoin blocks with 3 minute duration.

I don't know the answer to your design question.  Vid. would be the authoritative source on the reason behind it.  The POS blocks are also tied in with the trust keys, which is probably why they are independent, but I don't know.

[MostlyGhostly]

I have released a new version of my private Nvidia miner with a faster kernel(0.05 BTC)

Support my work, donate 0.05BTC to the adress in my signature and recieve the faster kernel.

Nexus sp-mod #5

Any idea what % improvement it is over previous versions?

Do you have results from a GTX 1080?

Cheers!

Don' t trust anybody telling u how fast the recent revision of miner is. Nividia miners cant beat my Miner that works only with chromatic research gpus. These cards are much faster than geforce and radeon and consume much less power. I bought my last card in 1993 and it is still beating the performance records. I'm mining bitcoin and crapcoins with one single obsolete gpu.

[BostonRedsocks]

The ones with the very small nonces are likely to be proof-of-stake blocks.  Don't forget that these are also in the mix and will account for the short block time you are referring to.  

Oh!  That explains a lot of my confusion. The proof-of-stake implementation details are especially vague. How are those mined?  (Who does the (obviously simple) computation for it and gets rewarded?)  Why is P-O-S  a 10 second block instead of for example folding it as an extra parallel step into hash and prime mining?    The P-O-S blocks, because of their 10-15 second duration, really dominate the Nexus blockchain storage size and bandwidth.

POS blocks don't have a 10-15 second duration.  They happen every 60 seconds:  http://www.nexusearth.com/specs.html

Assuming Nexus POS works the same way as proposed Bitcoin POS, there would be a POS mining channel with its own mining algorithm and reward.  The Nexus blockchain lists the hash and prime channels, but not the hidden POS mining channel. And there are no public POS miners available. So who is mining the POS blocks and what is their reward?

Maybe the POS miner is built into the wallet? That would explain why the wallet uses so much CPU constantly. Do open wallets sometimes get random POS mining rewards?

[merc84]

The ones with the very small nonces are likely to be proof-of-stake blocks.  Don't forget that these are also in the mix and will account for the short block time you are referring to.  

Oh!  That explains a lot of my confusion. The proof-of-stake implementation details are especially vague. How are those mined?  (Who does the (obviously simple) computation for it and gets rewarded?)  Why is P-O-S  a 10 second block instead of for example folding it as an extra parallel step into hash and prime mining?    The P-O-S blocks, because of their 10-15 second duration, really dominate the Nexus blockchain storage size and bandwidth.

POS blocks don't have a 10-15 second duration.  They happen every 60 seconds:  http://www.nexusearth.com/specs.html

Assuming Nexus POS works the same way as proposed Bitcoin POS, there would be a POS mining channel with its own mining algorithm and reward.  The Nexus blockchain lists the hash and prime channels, but not the hidden POS mining channel. And there are no public POS miners available. So who is mining the POS blocks and what is their reward?

Maybe the POS miner is built into the wallet? That would explain why the wallet uses so much CPU constantly. Do open wallets sometimes get random POS mining rewards?

Yes if u have your wallet unlocked for minting or not encrypted and leave it open you will get pos blocks assuming you have sufficient balance. If u want to learn more about the specifics of Nexus i suggest u head over to our slack channel.

[synthgauge]

Thanks! That makes a lot of things clearer.

4) The difficulty of each channel is independent of the other, and calculated based on the time since the last block for the relevant channel.

Is this adjustment actually happening properly? If so, what's up with all the 10-20 second blocks? Shouldn't the difficulty automatically be ramped up to stop them?

Go to the block explorer and click through a bunch of blocks, looking at the "nonce".  You'll see lots of giant nonces like 376,227,383,918  but then you'll also see nonces of magnitude like 11,  or 201, or 119.   Those nonces are proof of hash mines that were so easy that they were solved with something like 20 to 100 hash attempts by a single miner. You can see this is true by looking at the hash value and seeing that sometimes only 3 to 5 leading zeros were needed.. Is that by design? Is hash mining difficulty supposed to be so simple?

The ones with the very small nonces are likely to be proof-of-stake blocks.  Don't forget that these are also in the mix and will account for the short block time you are referring to.   

These are blocks he should be looking for. How did u find out these are indeed the blocks in question? Have u been talking to them? I have succeed in computer science and blockchain science and are now developing an entirely new concept of an alive crypto based on chlorine and aluminium and would like to send all of u a copy of my draft.

[Videlicet]

No cryptonit, nPoS hashing is limited to an nNonce energy efficiency threshold so impossible to stake at high CPU. Your weight allows you to stake as fast as 4 hash/s.

Thank You,
Viz.

[chrysophylax]

Thanks! That makes a lot of things clearer.

4) The difficulty of each channel is independent of the other, and calculated based on the time since the last block for the relevant channel.

Is this adjustment actually happening properly? If so, what's up with all the 10-20 second blocks? Shouldn't the difficulty automatically be ramped up to stop them?

Go to the block explorer and click through a bunch of blocks, looking at the "nonce".  You'll see lots of giant nonces like 376,227,383,918  but then you'll also see nonces of magnitude like 11,  or 201, or 119.   Those nonces are proof of hash mines that were so easy that they were solved with something like 20 to 100 hash attempts by a single miner. You can see this is true by looking at the hash value and seeing that sometimes only 3 to 5 leading zeros were needed.. Is that by design? Is hash mining difficulty supposed to be so simple?

The ones with the very small nonces are likely to be proof-of-stake blocks.  Don't forget that these are also in the mix and will account for the short block time you are referring to.   

These are blocks he should be looking for. How did u find out these are indeed the blocks in question? Have u been talking to them? I have succeed in computer science and blockchain science and are now developing an entirely new concept of an alive crypto based on chlorine and aluminium and would like to send all of u a copy of my draft.

really? ...

i would be very interested to read ...

#crysx

[UsernameNumber7]

Synthgauge is "bar n-one" one of the best personalities on the internet..................