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Trujillo (OP)
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October 23, 2014, 03:35:02 PM
Last edit: November 15, 2014, 03:30:31 PM by Trujillo |
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 Nexus (NEXUS):
nex•us
noun \ˈnek-səs\
Definition: a relationship or connection between people or things
The concept behind Nexus started out simple, we wanted to create a coin that enables every individual to have a voice in the future of the coin. The name Nexus fits this project well because as its definition states it is a connection or relationship between people or things and we aim to develop the first seamless link between individual desires and Nexus progress. Our next thought was: why be so myopic, why not make a platform that allows and incentivizes all existing cryptocurrencies communities to collaborate. The result is the Decentralized Decisions Platform (DDP).
The Decentralized Decisions Platform is innovative and cryptocurrency specific freelance platform. Simplified versions of this concept exist with services like Coinality or CraigsCoin, but they are far too basic and lack key defining features. The DDP will allow communities to cooperate in unprecedented ways and includes innovations such as a unique developer reputation system, a mentorship program, and a variety of incentives for both intra-community & cross-community collaboration.
Developers of all skill levels will be able to benefit from Decentralized Decisions Platform. Imagine you are an aspiring crypto-developer, where could you go to receive training from journeymen in the cryptocurrency field? Let’s say that you do find a senior developer on a site like Bitcointalk.org, are you able to verify their reputation without having to rely on a referral? The DDP helps to solve this dilemma by providing a place for developers to host their professional profiles. Locating consistent jobs will also become much easier for developers who are taking advantage of the platform. Currently it can be quite difficult to locate work that suits an individual’s specific talent and schedule.
Now we will consider the benefits of the DDP from a community member’s perspective. Imagine you are a part of the Nexus community and believe that Nexuscrypto.com could use an overhaul. You’ll be able to create a Development Suggestion Ticket for the entire Nexus community to vote on, and if the initiative is approved by unanimous decision it will proceed forward. Locating the best developer for this job without the assistance of the DDP would be a tedious and challenging task. By utilizing the Decentralized Decisions Platform communities will have access to a vast searchable database of developers, including their reputation, previous work experiences and specialties. As a result, jobs will get done in a more efficient manner and communities can ensure that they will receive top quality work that is cost effective.
One of the other major goals of the Decentralized Decisions Platform is to provide direct support and funding to the Nexus coin and community. Our team has created the Nexus Development Fund (NDF) to help fulfill this aspiration. The NDF will act as a bank for the Nexus community and help to the finance projects that they decide to make a priority. There will be two key ways in which the NDF receives its funding. All freelance jobs initiated through the Decentralized Decisions Platform, except those that benefit Nexus, will incur a fee. One hundred percent of this fee will go towards the NDF. Secondly, any time a developer takes on an apprentice for a job there will be a fee on top of what the mentorship cost is. One hundred percent of this fee will also go towards the NDF. By designing the system this way we have created a win-win relationship for the Decentralized Decisions Platform and the Nexus Development Fund. Every cryptocurrency community can benefit through either project initiation or mentorship, while allowing Nexus to become self-sustaining and ensuring continuing development.
An in-depth whitepaper regarding the Decentralized Decisions Platform will be released on October 25th 2014. This will explain the features we have planned and include infographics to provide better visualization of the concepts. We also are in talks with the team from CoinsSource about creating a partnership to help us develop certain aspects of the Decentralized Decisions Platform. More news will be released in regards to this partnership as it becomes available.
 100% Proof of Stake
Total Initial Supply: 10,000,000
PoS Interest: 4%
Block Time: 60 Seconds
Min. Coin Age: 30 minutes
Max Coin Age: None
Block Confirmations: 3
RPC Port: 27777 P2P Port: 27778
1. CryptoSMS (Establish encrypted conversations)
2. Live support intra-wallet
3. Embedded Trading
4. Block explorer
5. Social feeds from Twitter, Reddit, etc.
6. Access Nexus website
7. Add notes to any transaction
8. Stealth Addresses
* How stealth addresses work: ttp://i.imgur.com/rHhNKL6.jpg
9. Zerocash protocol - http://zerocash-project.org/
* Zerocash extends the protocol and software underlying Bitcoin by adding new, privacy-preserving payments. In doing so it forms a new protocol that, while using some of the same technology and software as
Bitcoin, is distinct from it. This new protocol has both anonymous coins, dubbed zerocoins, and non-anonymous ones, which, for purposes of disambiguation, we call basecoins. In contrast to Bitcoin's
transactions, payment transactions using the Zerocash protocol do not contain any public information about the payment's origin, destination, or amount; instead, the correctness of the transaction is
demonstrated via the use of a zero-knowledge proof. Users can convert from basecoins to zerocoins, send zerocoins to other users, and split or merge zerocoins they own in any way that preserves the total
value. Users may also convert zerocoins back into basecoins, though in principle this is not necessary: all transactions can be made in terms of zerocoins.
10. Intra-wallet Decentralized Decision Platform voting (In development)
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Trujillo (OP)
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October 23, 2014, 03:36:11 PM |
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MODERATION RULES
No spamming. Keep on topic.
Duplicate posts will be deleted.
Abusive comments will be deleted.
Baseless accusations will be deleted.
No cross-posting with other topics.
Negative posts are welcome, but please back up your point of view and do not repeat yourself multiple times. Seeking clarification is OK or adding new information to support your views.
3rd party projects, like independent wallets and services should not be advertised on this thread.
OFFICIAL NEWS UPDATES:
1. CoinsSource interview to be completed & published by 10/24
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EmpoEX
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October 23, 2014, 03:36:23 PM
Last edit: October 23, 2014, 03:47:47 PM by EmpoEX |
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We are considering to add NXS on EmpoEX when it launches.  ( Click on logo to get redirected )EmpoEX Team ( You'd want to correct the following: * How stealth addresses work: Http://i.imgur.com/rHhNKL6.jpg
) |
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dandruff1138
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October 23, 2014, 03:39:56 PM |
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So the price will be decided by how much gets invested? I got burned by DarkPeer which did the same thing. Let us see where this goes.
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z38630610
Legendary
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Activity: 1050
Merit: 1000
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October 23, 2014, 03:46:31 PM |
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what algo
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Trujillo (OP)
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October 23, 2014, 03:51:20 PM |
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what algo
Nexus is a 100% Proof-of-stake digital currency |
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KeyserSozeMC
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October 23, 2014, 03:53:59 PM |
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what algo
Nexus is a 100% Proof-of-stake digital currency But it has to have an algorithm, right? What is it? X11, Scrypt, SHA-256? |
Hey, smexy. Don't waste your time. Time's precious.
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Trujillo (OP)
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October 23, 2014, 05:46:51 PM |
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what algo
Nexus is a 100% Proof-of-stake digital currency But it has to have an algorithm, right? What is it? X11, Scrypt, SHA-256? We used the NIST-5 algorithm to obtain the IDP coins, if that is what you are referring to. |
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gaazje
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October 23, 2014, 06:16:58 PM |
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IPO price?
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░▒▓█ / / /X42/ / / WELCOME TO FEELESS FUTURE! █▓▒░ |
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cwrmyy888
Member
Offline
Activity: 81
Merit: 10
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October 23, 2014, 06:52:23 PM |
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How to excavate ?
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Trujillo (OP)
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October 23, 2014, 07:10:52 PM |
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How to excavate ?
You will not be able to mine Nexus directly as it is a 100% Proof-of-stake currency. However we are in contact with a multipool developer to create a way for miners to receive Nexus |
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AtlasONo
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October 23, 2014, 08:57:53 PM |
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Can you prove you have a working implementation of Zerocash?
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Bank_sy
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October 24, 2014, 10:56:50 PM |
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Trujillo (OP)
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October 25, 2014, 12:36:15 AM |
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Can you prove you have a working implementation of Zerocash?
Yes, this is verifiable inside the Nexus source code. |
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Trujillo (OP)
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October 25, 2014, 12:38:17 AM |
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Pat plans to have promote Nexus in a variety of different ways, that is only the beginning. We are hoping to have Nexus represented on a national media platform very soon. |
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Djinou94
Legendary
Offline
Activity: 1036
Merit: 1000
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October 25, 2014, 12:52:46 AM |
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Its the first time i read that zerocash is working
What is a IDP Fund? Do you have a escrow?
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dandruff1138
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October 25, 2014, 01:49:54 AM |
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Its the first time i read that zerocash is working
What is a IDP Fund? Do you have a escrow?
You have to DL the wallet, and no escrow. |
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KeyserSozeMC
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October 25, 2014, 03:33:04 AM |
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Thought this was a joke. I'll invest soon.
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Hey, smexy. Don't waste your time. Time's precious.
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Bank_sy
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October 25, 2014, 03:53:14 AM |
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Bank_sy
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October 25, 2014, 06:27:46 PM |
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hi dev! An in-depth whitepaper regarding the Decentralized Decisions Platform will be released on October 25th 2014. This will explain the features we have planned and include infographics to provide better visualization of the concepts. We also are in talks with the team from CoinsSource about creating a partnership to help us develop certain aspects of the Decentralized Decisions Platform. More news will be released in regards to this partnership as it becomes available. ^^^^^ Where is this??  coming today i hope..  |
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