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NEXUS NEWSLETTER: JANUARY 2018
VOLUME 1: NUMBER 8
JANUARY 11th, 2018
Welcome to the Nexus Newsletter!
Happy New Year and welcome to the first Nexus newsletter of 2018! This last year was an amazing time of positive growth. In 2017 many things were accomplished and the Community has become stronger than ever. We would like to thank everyone for all your hard work and the dedication it took to bring these accomplishments to life and we are looking forward to many great new achievements in 2018.
December was another fast paced month for the Nexus core team: We have been organizing, creating processes and preparing for the next wave of new core team members. We also released official news about the Vector partnership which was a great step forward for our ambitions to bring cryptocurrency to space.
The highlights of 2017 include the Nexus conference, which was a huge success, the announcement of the world’s first three dimensional chain, the formation of a non-profit dedicated to the betterment of Nexus, the official announcement of the partnership with Vector to bring cryptocurrency to space, and various other accomplishments that set the stage to take Nexus to the next level.
In 2018 we are planning to further strengthen and expand the core team, release key new updates to the code base, increase Community transparency and engagement, develop enhanced strategies to propel us into the future, and continue the overall task of bringing our vision for Nexus to reality. Nexus is here to change the world for the better and we are very thankful to be amalgamating such an amazing team to help us along the way.
Once again we are very thankful for the support of the Community as a whole. Without your support this would not be possible and we plan on doing great things in 2018.
Here is a brief update from the development team via Nexus Founder, Colin Cantrell:
Brian Smith and his team at Eidetic Mind have been heading up the development on the Nexus Interface while Colin has been progressing steadily on core. A new wallet was released last week version 0.2.3.4 which smoothed out the network and included some changes to the RPC. We have also been actively reaching out to find more coders to continue to improve the core and speed up development on the run up to the Tritium release.
PR NewsWire & Bitcoin Magazine:
Vector and Nexus Team Up to Bring Cryptocurrency to Space
On December 20th, 2017 PR NewsWire reports: “Vector, a nanosatellite launch company comprised of new-space and enterprise software industry veterans from SpaceX, Virgin Galactic, McDonnell Douglas, Boeing, Sea Launch and VMware, today announced a partnership with Nexus to host its decentralized cryptocurrency in space using Vector’s GalacticSky Software-Defined Satellite platform. Nexus will be the first company to deploy a cryptocurrency on a satellite orbiting the earth.” The Newswire went on to describe the use-cases the collaboration will provide for both parties including highlighting “the partnership allows future Vector customers to pay for launches using Nexus’ cryptocurrency, NXS”.
“With Bitcoin’s valuation at an all-time high, people are beginning to accept cryptocurrency as a real form of payment, but there are still problems with storage and ownership,” said Colin Cantrell, Founder and Chief Architect of Nexus. “The capabilities provided by the GalacticSky platform, combined withthe flexibility of Vector’s launch model, bring us one step closer to accomplishing our mission of providing the world with a decentralized currency that can be accessed virtually anywhere, anytime.”
An article in Bitcoin Magazine went on to elaborate on what Nexus aims to do in the future:
“The future of Nexus combines satellites, ground-based mesh networks, and blockchain technology to facilitate the formation of a decentralized internet,” notes the joint press release. “Nexus is building the foundation to broadcast the blockchain and Nexus Network from space,” adds the Nexus website.
Shortly after the announcement of the partnership, Vector released these “First look” drawings:
Rendering of a prototype GalacticSky Software Defined Satellite. Dimensions; dish 1/2 meter, center chassis and panel segments are 15 x 30 inches (roughly the size of a mini-tower desktop computer). Coming soon. Photo Credit: Vector’s Twitter
Read the rest of the PR News Wire Press Release here: http://bit.ly/PRWIRE
Read the rest of the Bitcoin Magazine article here: http://bit.ly/BitCoinMag
Syndicated feature on Nasdaq: http://bit.ly/2CISjtu
We Are Nexus!
Nexus on RightBTC
Today; Thursday, January 11th, Nexus was listed on RightBTC, Duabi’s first global coin-to-coin exchange. The trading platform is Dubai’s #1 exchange with an average trade volume of $20 million per day. Those looking to acquire Nexus on the exchange can use Bitcoin (BTC) or Ethereum (ETH).
RightBTC, among other things, is committed to low trade fees. They recently shared their strategies with Nexus: “We have been carrying out RightBTC Trading Fees Discount activity from Jan 1, 2018 – Jan 31, 2018, Dubai time for registered users of RightBTC. During the discount period, the trading fees for all trading pairs will be reduced to 0.1%. There will be no change in minimum transaction fees.”
“RightBTC is designed to be the first class exchange worldwide with relatively lower trading fees. We plan to hold further trading fees discount activities to give back to old and new customers in the near future. RightBTC would like to cooperate with excellent blockchain projects for win-win results as well. RightBTC has extremely stringent listing procedures, therefore, only eligible projects that pass due diligence could be listed on RightBTC.”
In several recent news publications including the Wall Street Journal and Forbes, Dubai disclosed its efforts to become the world’s first blockchain based government including plans to process over 100 million documents each year on the technology.
“With the world’s first 3D-Chain, advanced contracts and commitment to speed, security and scalability, Nexus is dedicated to having a prominent presence in Dubai and ensuring the country knows what we have to offer that can significantly propel their blockchain goals forward,” said Colin Cantrell, Nexus Founder and Chief Architect.
Speed, Security & Scalability = Nexus
Read the PR News Wire Press Release here: http://bit.ly/PRNewswireDubai
Syndicate feature on Yahoo Finance: http://bit.ly/DubaiYahooFinance
Syndicated feature on Market Watch: http://bit.ly/DubaiMarketWatch
New Additions to the Nexus Team:
Colin Forbes, CFO & John Saviano, Graphic Design
Colin Forbes, CFO:
Colin Karewa Forbes is a self-proclaimed Evolutionary Businessman & Educator. He began his career with Ernst & Young CPA’s, and has since worked in accounting and executive management teams for various public and private, profit and non-profit enterprises for more than 30 years. His dedicated intention to his own personal evolution combined with his business experience led him to live and work on six of the seven continents in the world and have uniquely qualified him to walk at the forefront of movements which advance the evolution of humanity. The Nexus Embassy is such a movement and his passion and expertise will be dedicated full force to the harmonization and success of this amazing evolutionary endeavor!
John Saviano, Graphic Design:
John graduated from the University of Illinois at Urbana-Champaign. While earning his degree in finance he simultaneously began to pursue his passion for art, design and music which led to establishing his own creative studio. With over 15 years of experience providing graphic design, web design, branding and marketing services to B2B and B2C clients, he has developed a versatile design aesthetic that can adapt to any industry. John has worked on projects for Britney Spears, Sony, BMG, Interscope, and Bergdorf Goodman. His art has been shown in Marshall Fields Look Gallery (now Macy’s), and his t-shirt designs have been worn by Fergie and David Guetta, ultimately leading to a t-shirt collaboration with David Guetta. With his desire to help change the world, Nexus is the perfect home for John, providing him the opportunity to fully utilize his knowledge of finance combined with his business and creative skill sets.
Tools we Love:
At Nexus, we’re continuously impressed with the innate intelligence and creativity of the people in our community—it’s a pleasure to work with you every day. We’re adding a new feature to the newsletter where we’ll be featuring different tools every month. They are tools that help our people run their lives pristinely, from investment trackers, to ways to organize and get inspired. Please give us your feedback on your favorite tools for crypto, blockchain and those that have simply make your life more amazing.
Please send your favorite tools and feedback on the ones listed to email@example.com.
Disclaimer: These are products recommended by the Nexus Community at Large. The Nexus Embassy will never give investment advice.
Category: Crypto Education
Fiatleak has created a website where you can view all the individual Bitcoin (BTC) investments as they flow into the market, by country. We love watching which countries are most active at any given time or when larger streams of instruments are flooding in. It also has a bell that you can set to alert you when individual BTC investments come in over a certain limit.
Category: Business Tools
BitLy is a handy business tool for shortening your web links. It shortens links down to a few letters and numbers handy for things like twitter and newsletters (see examples in this newsletter). Not only can you shorten links with BitLy, you can customize them. The site also provides valuable tracking tools useful for observing things about your audience like how many clicked the link per day and what countries they are clicking from.
3) Coin Tracking
Category: Crypto Organization
We all know that tracking crypto trades and investments is a hot topic as the tax laws and regulations continue to be put in place around this newly evolving industry. Investment Tracker is a way to keep track of all your trades across different exchanges in one place. Very handy when it’s time to pay your taxes!
4) Ray Dalio’s Principles:
Category: Motivation and Organization
Website: Principales.com (audio available on audible.com)
Ray Dalio founded Bridegwater Associates in 1975, which, according to Fortune magazine, grew into the fifth most important private company in the US. Dalio has also been named to Time’s 100 most influential people in the world. How did he get there? He discovered a set of principles that have led to Bridgewater’s highly effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through transparency.” Not only have these specific principles inspired many in our community, but they have inspired the discovery of our own principles that have served us endlessly.
Alex El-Nemer: RightBTC
Alex El-Nemer played an instrumental role in getting Nexus listed on RightBTC. Alex will also be representing Nexus at the Dubai Blockchain conference in January, continuing his efforts of building Nexus’s presence in the United Emirates. Thanks for all of your efforts in the many Nexus projects you’re involved in Alex.
April Bunje (Chambermaid on Slack): General Contributions
The Nexus team would like to give a special thank you to April Bunje for her continued and ongoing involvement in assisting Nexus with the completion of so many projects. Great work April.
Nick Earl (bibbityjibbity on Slack): Support Channel
We’d like to give a very big thank you to Nick who has helped many of the Nexus Community members within the support channel. He has also taken time to write instructions on how to download the Nexus wallet and troubleshoot it once it is in use. Thank you Nick!
Alberic and Bugsdx (Slack names): Translators
Thank you to Aleberic and Bugsdx for their great work of late on translating the FAQ and white paper and helping us to grow our international education of Nexus.
We hope everyone had a wonderful holiday season with their family and friends and an incredible start to the New Year. We’d like to thank everyone from the Community for an incredible 2017 and look forward to changing the world together in 2018!
Thank you –
The Nexus Team
NEXUS NEWSLETTER: DECEMBER 2017
VOLUME 1: NUMBER 7
DECEMBER 8th, 2017
Welcome to the Nexus Newsletter!
November was a busy month for the Nexus core team as we continue to move our various projects forward. Growth of the core team itself has slowed as we are now looking to consolidate the growth in our numbers into strong organizational capabilities. Overall the strategy remains the same – to create a great core team that is augmented by the best Community members in the world!
We recently released a new Community-created FAQ document, and we’re really proud of the Community members who created it. This stands as a testament to the power and ingenuity a strong Community can provide. Nexus is highly focused on developing strong Community involvement as it will greatly help us in our mission to create the best digital currency in the world.
NXS was recently added to Stocks.exchange providing Nexus users the capability to make trades from their mobile devices for the first time! The Nexus core team and the Nexus Community remain highly committed to Nexus being added to as many exchanges and wallets as possible, and this represents clear progress being made on this front. We will continue to diligently work towards these goals until NXS is ubiquitous throughout the digital currency space and beyond.
Progress continues on the marketing side of things as we are constantly working to develop innovative ideas and strategies to help people understand a highly complex project like Nexus. Nexus is about changing the world by giving people tools that can be utilized in a beneficial way to affect positive change in the world. We see a future that is more free, more convenient, more open, and more abundant for all. Nexus will continue to broadcast our story around the world for all to see and will tailor specific messages to various constituencies in order to help them truly understand the project. As our reach continues to expand, we will become better at relating to people as we receivemore and more feedback on the messaging we are emanating. We recently surpassed 10,000 Twitter followers which is one manifestation of the increase in our concentrated marketing efforts.
We are very happy with how things have been progressing since the successful conference we hosted in Aspen this year. Nexus core team members as well as Community members continue to perform very well in moving key aspects of the project forward each day. All good things take time to create, and Nexus is building the peer-to-peer framework of the future that solves the key challenges in the space. The core team is growing, the Community is stronger than ever and we are committed to the ongoing development of the best project in crypto.
Here is a brief update from the development team via Nexus Founder, Colin Cantrell:
Wallet version 0.2.3.3 is in pre-release addressing the delivery of work to miners and improved consensus code in Unified Time. We are also in the development of a native mobile app, and developing the Tritium modular interface for easy deployment of modules in the soon-to-be module store.
Nexus Market Cap Growth
Over the past year the market cap of NXS has grown from $1.3 million on December 6th, 2016 to $101 million on December 6th, 2017, a 7607% growth rate. We believe this growth rate reflects our strong community, advanced technology, passionate team, and dedication to affecting positive change in the world.
We are Nexus!
Nexus on Stocks.exchange
Nexus Earth (NXS) is now listed on Stocks.exchange, an exchange that enables users to buy and sell Nexus from their computer or iPhone using their iOS app. The application can be downloaded from the App store and also has an Apple Watch application where cryptocurrency activity can be viewed and monitored daily.
Make sure to visit us on this new exchange that puts Nexus in the palm of your hand: https://stocks.exchange/
Thank you to everyone from the Community who participated in the vote to get Nexus listed on the Binance exchange. The vote took an outpouring of effort. In order to thank those that participated, Nexus held a drawing of three winners chosen at random to receive 1000, 500 and 250 Nexus. The Nexus team also rewarded 10 members of the Community who referred the most participants to the Binance vote a sum of 100 Nexus each.
The drawing winners were selected through Google’s Random Number Generator in the order we received the entries. Those winners were: Kevin Smith – kevsmif80 (250 NXS), George Papadopoulos (500 NXS) and Pete Kay – blockheadtwo (1000 NXS). The winners of the referral program were (slack names): siddh008, mrprobz, calin, mnafta, Alext01, ss36, hakimnas, robinhaung9876, mike.casey, and Jules. Thank you all for your valuable contributions.
FAQ Document on the Website
The Nexus Community compiled a list of Frequently Asked Questions and answers packed full of information on the subjects of Nexus, cryptocurrency, and blockchain located on the nexusearth.com website. The resource details many of the the technologies that drive Nexus including the 3DC architecture, LLD, and extended hash and can be utilized by those new to cryptocurrency and blockchain to experts looking to learn the inner workings of Nexus.
Speed, Scalability, & Security = Nexus
Check out the FAQ document here: http://www.nexusearth.com/faq.html
Nexus Reaches 10,000 followers on Twitter:
The Nexus Earth Twitter account, @NxsEarth, reached 10,000 followers on December 1st. We love our growing community of active followers and participants. Thank you for your participation.
Make sure to join us on twitter for all of the latest updates at: https://twitter.com/NxsEarth
Nexus Pod’s update:
From The Nexus Hub, introduced in previous newsletters, we’ve formed several pods that have gotten together and created everything from content documents to facilitating Nexus getting listed on exchanges. Each pod has a specific project that they work on for a period of time created from and driven by the pod’s passions.
We wanted to extend a big thank you to Pod 1 for the extensive work that went into creating the Nexus FAQ document. Their knowledge of Nexus will help to inform so many. Thank you pod 1! Nexus would also like to thank members of Pod 3: The Exchange Pod for working to get Nexus listed on Stocks.exchange, especially (slack handle) Mr. Probz.
Nexus Meetups around the world:
Community member Anastasiya Sergeyevnagave a talk at the Philadelphia Bitcoin Meetup on Nexus: How it works and its advantages. Anastasiya works for two blockchain companies in addition to being a very active member and contributor to Nexus. Thank you Anastasiya!
Check out her very informative talk here: https://youtu.be/Kw3mYdFubfA
The Nexus Community had a Meetup in Sydney, organized by Mike Casey. We love seeing Community members taking an active role in their local communities.
Steemit article: Nexus delivers a NEW LLD Wallet update with staking improvement:
Community member seymourmac contributed an article on Steemit highlighting his experience with the Nexus LLDwallet update. The article covers his process downloading the wallet update in addition to his initial experience operating it. Thanks for the article seymourmac.
Check it out here: http://bit.ly/2izDb9X
We hope everyone has a wonderful holiday season with their family and friends. We thank everyone from the Community for an incredible 2017 and we look forward to changing the world together in 2018!
Thank you –
The Nexus Team
NEXUS NEWSLETTER: NOVEMBER 2017
VOLUME 1: NUMBER 6
NOVEMBER 6TH, 2017
Welcome to the Nexus Newsletter!
Progress on the Nexus project continues apace, the core team continues to grow and following a very successful conference we are now stronger than ever as a Community. We have more people working on marketing, more people working on code, more people focused on business development, and more people working to organize our various online communities. This work includes developing a comprehensive strategy that includes plans for various areas of development through the end of 2018 for both The Nexus Embassy as well as the wider Nexus Community.
These plans include but are not limited to: An omni-channel marketing strategy, Nexus core software development, Nexus Hub development, Business development (exchanges – wallets – use Cases for various Industries), and other areas that are key to making the entire ecosystem run. Nexus is a large project and we are working everyday to grow and organize the team, envision future strategic direction, and connect with business and opinion leaders who are ready to change the world.
Following the post-conference Newsletter, The Nexus team had a very successful YouTube live on Thursday, October 12th with many of the core team present. The team gave a brief update of what’s been happening with Nexus and took questions from the Community. Colin introduced Brian Smith who has come onto the Nexus Core as a full-time Developer, bringing with him a team of five additional developers that are also working on Nexus.
The Dev team has been getting Tritium polished and ready for the Tritium Trust update, finalizing some of the architectures and formulating Nexus’s plans to unlock the 3-Dimensional Chain (3DC) through the TAO framework. They have also been setting up an agile framework to enhance the Nexus organizational tools for the team. The YouTube Live went on to cover some of the things different members of the team are developing as well as taking questions from the Community. We have highlighted some of the Q&A in verbatim transcripts at the end of the newsletter.
For more details, check out the full version of the YouTube Live:
The marketing team has been working to bring the newly developed omni channel marketing strategy to life – these are the same strategies used to market the conference and now they are being adapted to the platform as a whole. This includes all forms of communication emanating from the core, with key input consideration given to the Community as a whole. We take Community input seriously and work to integrate the best ideas we find no matter where they materialize from. Nexus is a very complex idea and when considering a marketing plan there are many dynamics to recognize; many people have different levels of understanding so the messaging needs to reflect this. We are working to take very complex ideas and boil them down into simple messages that make sense and help people understand how advanced Nexus truly is.
On the business development side we have been working to expand into new exchanges and wallets and are also working on various ways to integrate into economic ecosystems. For various reasons, cryptocurrencies are becoming much more popular, and we are constantly searching for new ideas and opportunities to work with people to help them understand the advantages of utilizing these technologies.
Since the last newsletter, significant progress has been made and we will continue to push the envelope each and every day. Blockchain is one of the fastest paced and most exciting technologies on the planet and Nexus will continue to surprise!
We have included an additional development update from lead developer and founder of Nexus, Colin Cantrell on the recent Wallet release 0.2.3:
Wallet release 0.2.3 contains many updates to the core code including Unified Time, Staking, Network Reliability, and RPC Commands. This update is the first step in the incremental development updates that can be expected from here forward. We have decided to improve the development strategy by creating more frequent updates more often to create more consistency in the development roadmap, without needing for hard dates. This will give everybody a better idea of the development timelines as they see more updates happening with certainty. The next update will include changes to the LLD syncing and loading system, GUI improvements, and eventual soft releasing of base Tritium features such as signature chains.
We hope this new strategy helps everyone see more consistent progress rather than the previous approach of larger updates in longer timelines. We look forward to hearing your feedback, and if you have any issues with this current version feel free to let us know and we will make sure to include fixes to bugs, improvements to the user experience, or feature requests for newer wallet releases.
Thank you for your continued support.
3-Dimensional Chain (3DC) Simplified: Paper by Community Member Garrett Steele (Spaid on Slack)
Thank you to Nexus Community member Garrett Steele (Spaid on Slack) for his extraordinary article titled “3-Dimensional Chain Simplified”. The Nexus Core participated in bringing it to fruition and helping to spread the word about the FIRST 3D-CHAIN, which solves the ongoing blockchain problems of speed, security and scalability. This paper delves deeper into the architecture. Community support is what makes Nexus spread, so please hop in and show Spaid some love. Please enjoy. NEXUS: THE WORLD’S FIRST 3D-CHAIN!
Garrett’s contribution can be found here:
Necessity is the mother of invention, and the Nexus Hub is a new idea we conceptualized to help organize Community members who are eager to help out with the project. We are very excited about this initiative and the implications for decentralization and the utilization of the amazing minds in our Community. Two of our Nexus Core members have worked to lead the creation of this powerful resource: Jacynda Smith and Mike Casey. People looking to be a part of the Nexus Hub can go to our Nexus Earth Facebook Page here:
or click this link:
Those interested can answer a series of questions. Then, with your permission, you will be placed in an approximately 8-person pod. Each pod will have a focus based on the talents and passions of the individuals that make up that pod. We like to think of these pods like nodes in a network, working independently but all connected and working towards the common goal of changing the world via Nexus. The Nexus Hub is experimental and we are working on processes to facilitate this undertaking, so remember we are building this together and we will need your help. With the proper amount of effort and patience we can demonstrate how to organize a large Community of people towards a common goal in a decentralized manner.
Highlighting our Community: April Henderlong (Aries on Slack) &
Garrett Steele (Spaid)
Out of their love of Nexus and to help spread the word both Spaid and Aries have stepped up in a great way. Spaid took the initiative to draft an interpretation of the 3D Chain (3DC), as mentioned previously, and Aries has been behind the scenes creating graphics for many things including the Binance (BNB) submissions and the Nexus Hub. We appreciate her dedication working at all hours to make Nexus stronger.
For their contributions we are rewarding each of them 111 Nexus. We know that during the infancy of crypto, rewards and tips were some of the biggest transactions, and we would like to keep that crypto tradition alive. Congratulations and thank you Aries and Spaid.
We are pleased to announce that we will be celebrating and rewarding Community members going forward, and look forward to announcing details in future newsletters.
Nexus on UpBit: South Korean Exchange
We are also pleased to announce that UpBit, the South Korean exchange and mobile app, has added Nexus to its trading database. Bittrex is collaborating with Dunamu to launch UpBit in the South Korean exchange market, and all 111 cryptocurrencies that are currently listed on Bittrex will be integrated into the exchange. Look for us there, South Korea! Find Nexus here when it goes live on UpBit: https://upbit.com/exchange?code=CRIX.UPBIT.BTC-NXS .
Read the full article here:
Some Community members newly looking to join our Nexus Slack might have experienced trouble with our auto-invite option this past week. Spam bots infiltrated our Slack. We took countermeasures to ensure we have fewer bots joining, and spam is at a minimum. We are happy to announce that we resolved the issue with Slack, and we are up and growing our amazing Nexus Community. WE ARE NEXUS!
Texas Bitcoin Conference with Nexus
Dionna Bailey, Ambassador for the Nexus Embassy, represented Nexus at the Texas Bitcoin Conference in Austin, TX October 28th & 29th. Nexus had a booth set up for people to come by and learn about Nexus. Dionna also made a speech on behalf of Nexus on Saturday, “Beyond Bitcoin.” She educated her audience about what differentiates Nexus from other cryptocurrency and blockchain technologies, and spoke about how Nexus has changed her life.
You can watch Dionna’s full speech here:
Nexus Reddit Update
Thanks to a huge Community drive we are proud to announce that our subreddit, (r/nexusearth) has just passed the 1,000th subscriber mark. A special shoutout to Preston Smith (Pdogg on Slack), Mike Casey (MikeCasey on Slack), Scott Simon (SS36 on Slack) and Glen Luyckx (MrProbz on Slack) for being active and answering questions. This is a big Community milestone for Nexus.
Nexus Conference Highlights: At a Glance (continued) & New Developments
Dave North, “The Blockchain: Changing the World of Business”
A very impactful talk at the Nexus Conference came from Dave North, President and CEO of Sedgwick, the largest insurance provider in the world. Dave has over 35 years of experience in risk management services and is a frequent speaker at conferences of Fortune 500 companies around the world. Dave is a celebrated repeat entrepreneur and thought leader and we were honored to have him at the Nexus Conference.
Dave North said he was at the Nexus Conference because “he wants to be in the room where it happens.” He then described what he deemed the antiquated insurance claims process. Why? He believes blockchain will be the solution to revolutionize the industry. He is currently working on a board with approximately 30 insurance providers to address how blockchain can modernize and streamline the insurance industry. He noted that “if he doesn’t figure this out, someone else will,” and that he, like the industry, will become outdated. Dave’s talk was very inspiring and well crafted as he addressed how hard people work to get to the pinnacle of their industry. Then they have to work twice as hard to stay there. Dave had some advice for Nexus and the blockchain world: Ensure we speak at Fortune 500 companies’ conferences and spread the word that the blockchain revolution is here and teach the world how to use it. Let’s get to work solving the world’s problems. We couldn’t agree more, Dave, and together, Nexus is ready to change the world. Thank you for the inspiring talk.
Here is a link to watch Dave North’s full speech:
Peter Schiff vs. Max Keiser Debate: Bitcoin Bug vs. Gold Bug
Bitcoin rose in market capitalization this week. It hit a high just over $121 billion surpassing the worth of Goldman Sachs or JPMorgan and feeding the ongoing media debate of gold vs. Bitcoin. Peter Schiff (of CNBC) and Max Keiser (of The Keiser Report) faced off in this debate, moderated by Stacey Herbert at the Nexus Conference in Aspen.
The debate started with a comparison of Peter Schiff to Jamie Dimon. Peter spoke of his disagreement with Dimon, who doesn’t see current risks in our financial system or the dollar. The debate then covered how people view Bitcoin versus how they view gold. Schiff described buying gold as a store of wealth. Keiser said gold is a safe haven, as Bitcoin is a safe haven, in that it fills the requirements of a safe haven. Schiff debated the point, stating that because Bitcoin is so young, it has no track record and is a risk asset. He noted that Bitcoin could be at $5,000 next week as easily as $3,000, and therefore, how is Bitcoin safe? (Bitcoin was at approximately $3500 at the time of this debate.) Bitcoin is the most risky asset in existence right now, he noted further.
Max Keiser stated that gold was as unique as Bitcoin. Schiff countered, saying that there are other cryptocurrencies more valuable than Bitcoin, but there is no metal more valuable than gold. Keiser said that was Schiff’s opinion and not fact. Schiff noted that there will be so many more cryptocurrencies that will come around, and some may be better than Bitcoin. He asked who knows what the supply of Bitcoin and Bitcoin spin-offs (like Bitcoin Cash) will be, not to mention all the other cryptos that will inevitably come along. The supply of digital currency is huge. Max Keiser argued that the market is supporting this large supply because of the problems in the banking industry that Bitcoin addresses. Schiff commented that there is “ a lot of demand because there are a lot of fools trying to get rich, but that the supply is going to overwhelm the demand and the price is going to collapse.” He asked Keiser what the lowest price was that Bitcoin could fall to, and Keiser replied that that’s a function of the cost of mining, which is approximately $1000 per Bitcoin. Just like in the mining industry, when the cost of mining is more expensive than the value of what you are mining, mining stops. Schiff said that at that point, creating supply stops, yes, but you still have a huge supply already in existence. Keiser replied that supply will not outpace demand and cause a crash, as we have only scratched the surface of demand for cryptocurrency due to the hundreds of trillions of dollars in derivatives that are collapsing around the world and the debts that are skyrocketing. Of course they have to collapse because you cannot move to negative interest rates, he noted. You can’t incentivize people to lend money to the government at a guaranteed negative rate of return.
The debate became quite heated, with lots of great points made. Watch the entire debate here https://youtu.be/cP1pSR1O44w Following the Nexus Conference and this debate, Goldmoney – the company Peter Schiff is an investor in and advisor to – went on to offer clients the opportunity to purchase gold and other metals with cryptocurrency. In a letter to its customers, Goldmoney stated: “From today, Goldmoney clients with full verified holdings are able to fund their holdings using digital assets, such as Bitcoin and Ethereum, to purchase precious metals.”
Roger Ver announces FreeSociety.com
Roger Ver (Bitcoin.com) came to the conference with breaking news, releasing a new project he is working on, FreeSociety.com. In speaking with Ver just before his talk, he informed Nexus that he had decided to switch the topic of his speech just prior, from Bitcoin Cash, to announce FreeSociety.com, his next step after Bitcoin.
FreeSociety.com is purchasing sovereign land from a government to create the world’s first Libertarian country. Roger Ver (Co-Founder) and Olivier Janssens (Founding Father, CEO), early Bitcoin adopter and Libertarian, are the founders. Ver talked about being a voluntarist, someone who thinks that all human interactions should exist on a voluntary basis – or not at all – and how this will be important for participants of this new society. They have been speaking with many different governments who were all very interested. Ver spoke to what this Free Society can do for these governments, including clear their national debt, provide financial prosperity by providing economic freedom, and provide tremendous employment opportunities. They have over $100,000,000 in US capital committed to the project, raised from many libertarians that have made money in the cryptocurrency space and who are dedicated to the vision. Ver took audience questions but was not ready to reveal too many specifics. We look forward to hearing more and following this Free Society at https://www.freesociety.com.
Here is a link to watch Roger’s full speech,
YouTube Live: Thursday, October 12th Q&A Highlights
These are some highlights from the YouTube Live that took place on October 12th with some members of the Nexus Core team. (The Q & A’s are transcribed verbatim)
Q: “Will Tritium release with a mobile wallet and can we expect any NFC functionality in the future?”
Q: “Can you explain what separates the Nexus 3DC from a traditional (1D) blockchain?”
A: “Essentially, Bitcoin is a glorified linked list, like for a computer program, which means that every block links to itself. Every new block has to have that link previous to it hashed in there, so that work itself is done. You can’t rewrite all of that data. But its one dimensional in that it’s like a flowing river and if you have more water that needs to flow through that river, it’s going to back up and create a dam. So what we are doing with the 3DC is allowing it to expand out in multiple directions as it’s needed (as opposed to just one direction), but they will be chained that way too (so it’s chained out on three planes) and be weighted down and up with the Trust and the actual computation. We are also removing the mining pools from it by making it a decentralized mining pool where the miners can do the processing. The 3DC also has three different tiers or layers of verification. Your transaction locking done at the base, which can be done on cell phones around the world, which is something we are working on formalizing at Nexus. Not everybody has money, but everybody has time.”
“The staking system that we have now with the Trust System we have now building up your Trust and interest rate was your first step in that. But then we are like transactions can be free and people can run this app on their cell phones. Some people in Africa have cell phones but they – don’t even have fresh water, so that’s something that really puts it (the technology) in everybody’s hands. The locking happens on that, and then you have the Trust Level Locks on the Second Level with the Merkles, and then the Miner Level Locks on the top (Third Level Locks) that are verifying the same data themselves and agreeing upon that data creating a mining consensus instead of one hash rules all. So the cool thing about this too is as the contracting systems evolve, like they are evolving on the Tritium code base and they are obviously going to be expanding on Amine Vault and then Obsidian Mine is that miners are doing a lot of work so a lot of the generic processing like Bit Wise operations or Arithmetic or anything else like that can be done by miners and cross links to the the contracts can be processed in three steps. So memory requirements can be done by the Trust Nodes and then miners can be doing a lot of the actual generic processing, which is really cool because that architecture allows us to create a truly distributed computing model instead of a flood giant network computer that has to process the same thing over and over again. This really allows us to open the doors to organic scalability where the node count builds the scalability rather than reduces it.”
This concludes our November Newsletter. We send our warm wishes for a Happy Thanksgiving with your family, and look forward to communicating with you next month.
The NEXUS Team
Volume 1, Number 5
October 7th, 2017
Welcome to the Nexus Newsletter!
The past three months have been very exciting for Nexus. Many things have been happening behind the scenes in preparation for the first ever Nexus Conference that took place at the renowned Aspen Meadows Institute in Aspen, CO. Over 70 speakers, musicians, politicians and finance leaders came together around the future of cryptocurrency and blockchain, and its implications for changing industry and the world at large. We appreciate everyone’s patience while we have been getting the pieces in motion that are taking Nexus forward into the world. This Newsletter will highlight the Conference and what has started to unfold from it.
The Nexus Conference: At a Glance
Three months ago we decided to create the Nexus Conference, which originally was envisioned to be a small gathering and celebration of the 3rd birthday of Nexus. The idea was to connect the Community from Slack and bring the Team together for an annual meeting to get to know each other and build better communication by meeting in person.
The Nexus Conference grew in momentum and size and was a huge success with over 430 people attending. Folks travelled from all over the world to attend, while others serendipitously found it while on vacation in Aspen. The Conference kicked off with a speech by Judge Andrew Napolitano and over the course of 3 days ended with an inspiring speech from Dr. Ron Paul. In between, there were many inspiring speeches, panels, roundtable discussions, political debates, financial conversations, musical performances, an art exhibit, a film festival, and a movie premier of the inspiring film Mully, from director Scott Haze.
The Conference was an incredible event full of like-minded individuals, who come from diverse industries and backgrounds. Many of these folks have started to see how Nexus and blockchain technology can benefit them, their industries, and humankind. The blockchain is rapidly becoming a new shift in technological advancement that is paving the way of the future and also providing real world solutions to economic uncertainty that the world is facing. Several of the industries actively working with Nexus to create real-world solutions using blockchain include insurance, real-estate, politics, music, finance, media, entertainment, and many more.
In attendance were medical cannabis advocates, people seeking to find solutions to India’s currency dilemma, individuals working to understand the future of cryptocurrency and finance, and many that have been working to change the world their entire lives. They finally had a chance to speak with others of the same mindset and to start to look at how we all can provide solutions to the challenges we face now and will face in the future. Never before has such a diverse group of individuals come together in one place to make such an impact on humanity through sharing of their wisdom and ideas.
The Conference ended on a very positive note with an after party at the Bootsy Bellows Nightclub that included another set of film Premiers from the 100 hour film festival that Scott Haze and his team completed during the Conference.
We wanted to take a moment to thank the incredible individuals who came together in creating the best Cryptocurrency and Blockchain conference of the year, and our Team accomplished it in 2 1/2 months! Some of the amazing Team includes: Colin Cantrell, Kierre Reeg, Kendrick Reeg, Jacynda Smith, Keith Smith, Preston Smith, Dionna Bailey, Wendy Katz, Brian Vena, Jon Hazel and Jen Hammond. Thank you all!
Nexus Conference Highlights:
Announcements in Nexus, Cryptocurrency and Blockchain
There were so many Conference highlights and an incredible range of announcements made for the first time ever in the categories of cryptocurrency, blockchain, space and for Nexus specifically that have us very excited about the future.
As Garrett Steele so eloquently noted about the announcement of the first 3D Chain:
“Nexus. Blockchain Redefined. Most other projects are taking the traditional Bitcoin blockchain, or a similar one, and making a small change to it to make themselves unique. Colin has decided to redesign the blockchain and make a 3D Chain which is more decentralized and more secure than any other traditional blockchain can be due to the limitations inherent in a simple chain. Nexus is the future… it is the evolution of the blockchain and nobody else is even attempting to improve the blockchain that I know of.”
On that note, here is Colin Cantrell, founder of Nexus with a deeper look into the first ever of it’s kind, Nexus 3D Chain.
Colin Cantrell announces the FIRST Three Dimensional Chain (3DC) as the Next Stage in The Evolution of Blockchain Technology
You can view Colin’s full speech at: https://www.youtube.com/watch?v=oSF52B90xws
Bitcoin has become a victim of its own success with many powerful players pulling it in different directions. It has evolved beyond Satoshi’s original vision allowing a number of powerful players to have a large influence over its direction. It’s becoming centralized. The impending hard fork of Bitcoin to create Bitcoin Gold is clear evidence that something needs to change. The 3DC allows Nexus to remain completely decentralized and will allow individual miners to continue to mine while making mining pools entirely obsolete.
Colin has taken 3 years to complete the architecture of the 3DC and the Lower Level Library as part of the Tritium update.
Another notable feature of the 3DC is quantum resistance using signature chains. This will give the user the ability to build a reputation in a chain of their own that they generate with a secret phrase and use a PIN number for every new transaction. This further allows the user to login to a personal blockchain and run contracts that allow the full flexibility and use-ability of a 3DC as a scalable contract development environment. The true power comes from never using a key twice and yet be easily maintained since you will only need to remember your PIN and secret phrase. Your key will never be revealed until it is used making Quantum Computers useless in attacking the network with Shor’s algorithm. We will further complement this with new post-quantum cryptography coming out in the next few years since NIST has announced a competition for provable secure quantum encryption. This will continue to make Nexus increasingly robust…The future looks bright! Don’t forget your shades.
Stay tuned for a more in depth look at 3DC and it’s large scale implications in coming newsletters and the 3DC whitepaper.
Jim Cantrell of Vector Space
How They are Lowering the Barriers to Space Access & the Mesh Network Revolution that Will Get Nexus & Us There
Jim Cantrell gave us a great history of the development of the space race, his active involvement and current innovations as they directly relate to the unique technology of Nexus and the future of blockchain/cryptocurrency. Getting humans and technology into space started as a strictly government backed project but with corporations and individuals creating more wealth, the private sector began investing in the technology to move it forward more efficiently. Jim was privately funded to go to the Soviet Union for these projects.
Soon after, in 2001, Jim Cantrell received a call from billionaire Elon Musk who “wanted to make humanity a multiplanetary species”. They had the idea to buy Russian rockets when US rockets were too expensive, but these missions failed. Instead, they decided to build the rockets themselves. Shortly afterwards, the microsatellite revolution started which really changed the game for the private space race, taking satellites from huge multimillion dollar developments to $25,000 – $35,000 projects the size of a loaf of bread. This paved the way for cube satellites, one of the technologies that sets Nexus apart from other blockchains and cryptocurrencies.
Jim Cantrell went on to form Vector, selling his stock in Space X to do so. The mission of Vector, according to Jim, was much bigger than building a rocket; it was to transform space and make it relevant to the average person, providing a new economic frontier, one of liberty and the human heart. Vector set out to lower the barriers to space access. They did this by building micro rockets first and then creating Galactic Sky, software defined satellites.
With Galactic Sky, Vector has approximately 40 patents which essentially allow them to put virtual machines in space using terrestrial network technology. They brought in Silicon Valley DNA, the same technology that did a lot of the early internet and server work. Vector will put a cloud in space that has so many implications beyond anything that is currently being done. If you want to use imagers to trace lost children, you can use Galactic Sky. If you want to put cryptocurrency in space, you can use Galactic Sky. Vector is currently starting to build this satellite constellation out. It’s going to be a space based mesh network that our world will have access to and at a price point that will be accessible to average people, not just in the domain of large organizations or large governments. Jim concluded by saying: cryptocurrency is welcome, but we’ll probably only be accepting NEXUS!!!
Nexus Development Update
The Development Team has expanded rapidly as the Conference brought together many great minds including Brian Smith and his team of four other developers. Brian has an extensive background including working for a Fortune 500 company, making game simulators, developing neural networks and automation tools. Brian is exiting his job to pursue his career of software engineering with Nexus. He is moving to the headquarters in Scottsdale, AZ to work directly with the Team. In addition, we have been in contact with other pioneers of the internet and will begin working on architectures that will be complemented by the hardware level networks we are in the process of building and designing.
Our Team has been going in many directions with all of the work and time spent on the Conference. To focus things a bit better, Brian Smith has been heading the way by setting up Agile development tools for the whole Team. This is greatly improving Team communication and collaboration as is needed with such a rapidly expanding Core Team. The team right now is 30-40 minds strong with many local, remote, and international contributors. We hope to see the Team continue to grow!
What You Can Do to Help
We are building a platform including some of our new organizational models to help community members see how they can contribute to the Project. As we all know, the more minds we have working together, the stronger we all become. One of the challenges of building a decentralized economy is that it has never been done before. We are all thinking in bigger and newer ways to contribute our part in not only discovering how we can build tools to make this possible, but also how we can change our perspectives of how things can be done.
We are pioneers of this new landscape where the keys to building this new system come through every experience we learn together. With this platform, we will list steps you can take to contribute, whether it be simply spreading the word about Nexus, taking the lead on a project, adding new ideas and tasks, or simply finding and recommending ways in which we can improve.
“The event horizon of a black hole contains every moment that has ever passed through it, and as we approach this horizon, the truth is revealed.” – Brian Smith
Vector’s Latest Successful Launch
Vector’s last sub-orbital flight carried a small one unit (1U) satellite payload for critical testing from an undisclosed client, and significant progress was made in developing relationships with the Camden Spaceport in Camden, Georgia. This location will be crucial for equatorial orbits in lieu of being dependent on the Kennedy Space Center in Florida. Colin and the Vector crew also had fun fetching the rocket from the dense forest surrounded by huge pythons, banana spiders, and of course alligators! Safe to say, the rocket was retrieved safely and the Team only encountered a couple large spiders! An interesting side note is that the launch took place on Cucumber Island, which was directly between Amelia Island and Jekyll Island. Ironically, the Federal Reserve Bank was conceived on Jekyll Island. The launch provided a great figurative view to the “creature” created there of the freedom we are creating by opening up spaceflight to the everyday consumer’s hands.
The continued success of Vector and advancements by Nexus show the world that what we are doing is possible. The further we progress, the more we see how much of a positive effect it will have on humanity, empowering all, not just a few. The next launch will be early next year and will include the Vector Thrust Control for aiming and flying the rocket on its path into orbit.
We are in the process of the formalized contract with Vector Space Systems to make the Partnership official as our pursuits align in revolutionizing the space industry.
Fun Fact: Rockets don’t go straight up. They have to curve up slowly as they get higher into the atmosphere and be at a critical speed to deploy satellites into orbit. If they went straight up, the satellites would fall right back down! This is why Vector Thrust Control is a critical stage in the design, to also remove passive stabilizers (the fins), so that the rocket can fly gracefully into low Earth orbit, and deliver our satellites into the target range where we can use them.
The Nexus One Satellite
Phillip Swazey, who used to work for Iridium, is designing our preliminary 1U satellite and making connections in the small satellite industry to find the right manufacturers. He was at the Small Satellite Conference in Logan, Utah earlier this summer to bridge these connections and our satellite design. Our timelines are looking good for Phase II satellites, such as the Nexus One, working in parallel with Phase I satellites that will be working on the software defined satellite mesh network called Galactic Sky from Vector Space Systems.
Dinner with Ron Paul
Kierre Reeg and Colin Cantrell had the distinct opportunity to join a table of great minds including but not limited to: Dr. Ron Paul (former Presidential Candidate), Erik Voorhees (CEO of ShapeShift.io), Doug Casey (chairman of Casey Research), G. Edward Griffin (Author of The Creature from Jekyll Island), Patrick Byrne (Overstock.com CEO), Christina Tobin (United we Stand), and many others. This amazing group of collective intelligence and wisdom discussed Bitcoin, Blockchain, and Nexus. Erik Voorhees helped Dr. Paul understand Bitcoin better as you can see in the picture The dinner also sparked ongoing conversations with Dr. Paul and the opportunity to learn from his vast experience.
The Mully Movie Premiere
We have been networking vastly in Los Angeles, including being invited by Scott Haze to attend the first global premiere of his movie Mully. We are in the process of getting them setup to accept cryptocurrency donations for Mully’s cause in Kenya, so that everyone will be able to donate Bitcoin and Nexus in support of the organization.
The atmosphere of the premiere was very positive and was reminiscent of what the Nexus conference felt like: a group of similar minds coming together to find solutions to real world problems. Cheers to Scott and his group for working to make the world a better place!
What we have to look forward to!
With the introduction of the FIRST ever 3DC Architecture, we now have the blueprint to accelerate the development of the TAO framework which is Tritium, Amine, and Obsidian. Each update will be an activation of each new lock level with Tritium Trust, Amine Vault, and Obsidian Mine. This architecture has been in the thought and design process for over 3 years since the block size debate really began to heat up. The development of the Network Architecture alone is quite an achievement and milestone that has now been delivered to the world.
We are breaking development into more tangible, smaller bite sized pieces so that everyone can see a clearer, step-wise progression rather than huge chunks all at once like we have demonstrated with the newsletter and Tritium update.
At the current time, we are underway writing the 3DC White Paper to outline, in easier to understand terms, what it really means for the industry and how this new architecture will prove capability to support the world’s financial and data transactions. Shortly following that, we will see our Tritium White Paper released, which will outline what everyone should expect from the Tritium update, and how it will mesh with the following Amine and Obsidian updates.
Nexus Strategic Vision / Development Schedule
Look out for our release of the official Nexus Strategic Vision that will encapsulate many of the movements we have in development of not just the Core technology, but of the Network of people and industries we are connecting with. This could be seen as an enhanced version of a roadmap, since it contains much more than could be linearly described. We found this fitting to develop our own procedure to create better communication between Team and Community!
YouTube Live with the Team
On Thursday October 12th, at 12:00 PM PST (UTC -8), the Team will be giving a formal update on the progress of the Project in a live video to discuss our developments with Tritium, rough timelines on release schedules, development of the Nexus Strategic Vision, more explanation on the benefits of Contracts on the 3DC, The Nexus Conference and the resulting connections and industries we are networking with including Hollywood contacts, as well as provide information to leaders in other industries about how they can connect with our Project. We will also outline the direction we are headed with the mesh networks, introduce new people from the Team, and describe how we are organizing in a way that will bring better benefit to everyone involved!
We look forward to having everyone there and sharing everything that has been happening over the past 4 months.
What is coming in the next Nexus newsletters:
- Roger Ver of bitcoin.com announces that he is building the first truly free Country
- Dave North, CEO of Sedgwick: the biggest insurance provider in the world, on why it was Critical to Be Sitting in the Nexus 2017 Conference
- Max Keiser and Peter Schiff square off at the Nexus Conference
Volume 1, Number 4 – May 31, 2017
Welcome to the Nexus Newsletter!
Congratulations to our Community as we have now passed the 2000 member mark in Slack! This month started off with a lot of excitement. There was quite a buzz going on in the Nexus Slack for the second Vector-R full scale test launch on May 6th. Several members of the Nexus Team were there for the launch. The launch was successful and a lot of great data was collected allowing Vector to move forward with further testing. Check out the Launch Video Here. Congratulations to Vector on a successful launch! A lot of work for Nexus is going on behind the scenes including planning and organizing many things in addition to working on the White Paper and Tritium Beta wallet release. Many exciting things are on the way.
Left to right: Bryan Gmyrek, Colin Cantrell, Ashley Swazey, Michael Mosby, Kierre Reeg
We are pleased to announce the First Nexus Conference and Three Year Birthday Celebration. The Conference will happen September 21-23, 2017. The event will take place at the Aspen Meadows Resort in Aspen, Colorado, USA. More details will come as the plans are solidified, but the event center has been rented from 3-6PM each day. Ticketing information will be available at a later date. We hope to see as many of the Nexus Community there as possible.
Bitcoin.com Podcast Interview
Colin’s much anticipated Bitcoin.com Interview was released on May 25th. Colin gave a great interview packed full of information about Bitcoin tech, a little about Litecoin, and of course, Nexus. As Richard Jacobs of Bitcoin.com indicated at the end of the podcast, this interview has an amazing amount of relevant content and is worth listening to more than once to be sure you catch everything.
Improved Prime Channel Miner, Block Explorer, and Richlist
The improved CPU and CPU/GPU hybrid miner for the Prime Channel has been released. This really was a Community effort. Thanks to @mumus and all of the folks involved in testing the miner as it was being developed. A guide has been prepared by Community member @bibbityjibbity for using the new miner and explaining frequently asked questions on how the miner functions and how to set it up. The documentation can be found at the Nexus Forum CPU Miner Guide. We also released a new block explorer created for us by Community member @efficienthash. The Explorer is located at nxs.efficienthash.com. A Nexus Richlist along with some other cool information about the network is also now available on https://nxsorbitalscan.com created by @psipherious.
As with any major software update, rigorous testing is needed to ensure Tritium is ready for public release. Testing continues and the Tritium Beta release will be available as soon as the Team feels it is ready for prime time. Colin has finished most of the core of Tritium, which is planned to be rolled out on the seed nodes and Beta daemon clients for those that wish to help test the new backend engine. Tritium sets a foundation for the Tritium, Amine, and Obsidian (TAO) update series expanding the backend engine of Nexus and allowing easy expansion of the toolset.
Nexus Explainer Promotional Video
Nexus has hired Chris Folta at MotionFX LLC to produce a professional Nexus Explainer Promotional Video. The video is in the planning stages and will give a simple overview of Nexus. You can check out some of Chris’s other work at http://foltadesign.com/.
You may have noticed some recent changes to the format of nexusearth.com. We are making some theme and content changes. Keith has been working on the updates and once the revised website is ready, we will begin creating an entirely new site. Be sure to check out the new visitor widget on the NexusEarth.com Home Page that shows the location of visitors to the home page from throughout the world.
Bryan and Colin have been hard at work finishing up the Nexus White Paper which now stands at 33 pages with more content still to be written. The White Paper covers basics of blockchains, Nexus vision, philosophy, and principles, as well as mathematics/calculations and future options for greater quantum security. The final section in the White Paper is dedicated to the TAO. It is an update series providing the final building pieces and scripting engines making Nexus capable of harnessing many technologies to provide greater future capability and adoption. The April 2017 Newsletter has more details on these releases.
As all the ideas have been forming into a time based structure with the completion of the White Paper, a more concrete roll out schedule for Nexus is as follows:
- Nexus White Paper
- Tritium Base
- Tritium White Paper
- Tritium Time-Lock
- Amine White Paper
- Amine Time-Lock
- Obsidian White Paper
- Obsidian Time-Lock
Team Member Profile – Mercuryminer
Mercuryminer has been a longterm member of the Nexus Community going back to the pre-launch days. You can often find him on Slack helping out with any questions, whether they be for mining or Nexus in general. He has been involved in crypto since 2013 when he built his first GPU mining rig. He first heard about Nexus (originally Coinshield) in Ypool chat where he was a longtime chat moderator. Mercuryminer was first drawn to Nexus because it was an original project in an era when there seemed to be a new coin every day consisting of mostly worthless clones with minor tweaks to coin parameters. He was an early miner of Nexus and continues to mine even now. In addition to often helping users with mining or wallet issues, he also runs seed nodes to help further decentralize the Nexus Network. When he’s not eating, sleeping, or working he can usually be found lurking on the Nexus Slack, although he does also take time out to spend with his family. He enjoys going four wheel driving and fishing as often as he can.
Author: Preston (@pdogg147)
Editor: gjsteele71 (@spaid)
Volume 1, Number 3 – April 22, 2017
Welcome to the third Nexus Newsletter.
It has been an exciting and very active month for Nexus. Our Community continues to grow. We now have over 1,600 Slack members and our Facebook Group has increased to over 500 members! More people are getting involved and taking on important tasks to help Nexus grow. Like a tree, Nexus is built from the ground up with a strong base consisting of tens of thousands of lines of unique code, and an energetic Community. Thanks to everyone helping Nexus form an unshakable foundation! We recently welcomed a new Team member, Glen Luyckx, to Nexus. Glen goes by the screenname mrprobz and can be seen regularly in Slack helping with technical support and Community outreach. Welcome Glen!
Coinpayments and Coinomi
Nexus was recently added to Coinpayments after the Community came together and donated the 1 BTC required to be integrated into the payment system. Nexus can now be accepted on any website as a payment method! The first website to accept Nexus is https://www.pexpeppers.com/. Check the website out if you are looking for some all natural hot sauce or hot pepper seeds.
The Nexus Team also recently paid to have Nexus added to the Coinomi multicoin wallet. Coinomi developers are actively working on completing the integration and should have Nexus up and running on their wallet very soon. Since Nexus has a great deal of original code, Coinomi has to do some additional coding to complete the addition. Once complete, Nexus will be able to be used on any Android device by downloading the Coinomi Wallet App.
Nexus Swag Store
This past month we premiered the Nexus Swag Store. Clothing sizes tend to run about a size small, but are of great quality. A variety of logos, colors, and styles are available. There are also items such as coffee mugs, tablets, phone cases, and blankets. All proceeds go towards the Nexus Marketing budget. We have had many requests for Nexus hats and are currently searching for a supplier. We may decide to sell them directly through the NexusEarth.com website via Coinpayments.
Nexus Testnet and Improved Prime Channel Miner
The dedicated Testnet is now up and functioning. An improved CPU and CPU/GPU hybrid miner for the Prime Channel has been developed. The live testing has been ongoing over the past several weeks and the improvements have shown increased efficiency. The miner is almost ready for full-scale release.
Nexus Bounties and Tipbot
To reward those helping with Nexus, we have started issuing bounties for certain tasks. Some of the items with current bounties include development of a Prime Channel GPU Miner, a paper wallet generator, quality articles about Nexus, promotional videos, and graphic work. A list of current bounties is posted on the Nexus Forum Bounty Thread on NxsForum.com and is also available in the #nexus-bounties channel in the Nexus Slack. We also recently added a tipbot to our Slack to spread the love and to make it easier to send rewards. Feel free to join us on Slack and try it out.
Bitcoin.com Podcast Interview
Colin was recently interviewed for Bitcoin.com podcast that will air April 26th. The podcast hasn’t been released yet, but Colin talked at length about Bitcoin tech, a little about Litecoin, and of course about our favorite coin, Nexus. We will let everyone know in all of the official channels when it is released.
Vector Full Scale Test Launches
Many in the the Community were hanging out on Slack during the first full scale Vector Test Launch on April 6th. Colin was there helping and provided updates as the Community was glued to the @vectorspacesys Twitter channel for details. The launch ended with an automated pad abort and fortunately the rocket wasn’t damaged. A great deal of important data was collected, the issue was identified, and the relaunch is scheduled for May 3rd. Colin will also be on-site helping with this second test launch.
As I’m sure many of you know, Colin has become increasingly busy as a result of the many tasks required of him as Nexus continues to grow. With time being such a precious commodity, Colin has hired his good friend Ashley to help with communication, schedules, and other miscellaneous items. This now frees the time Colin was spending on these tasks and allows more time for Nexus development work. Ashley will know Colin’s schedule and will have an idea where Colin is and how to reach him for important matters when Colin disappears into his work. Ashley will also help the Team with other tasks as needed. You can find her in slack as user Concordia, so make sure to give her a warm welcome.
Vector and Nexus
As I’m sure you remember from the March newsletter, the Letter of Intent (LOI) between Vector and Nexus has been signed outlining the specifics of the Strategic Partnership. This agreement has progressed formally and the relationship between Nexus and Vector continues to be strengthened and continue on good terms. As the Nexus Community knows, Colin works a lot behind the scenes and does more than just writing artfully-crafted code.
We are very excited to announce Colin has secured an angel investor position with Vector. This gives Colin a vested financial interest in Vector and continues the business relationship with Nexus with the development of satellite and software technology. An “angel” position means Colin was able to participate in one of the early “bridge” funding rounds giving him the legal right to buy Series A, B, and C shares in the future to maintain his percent ownership in Vector. He participated in the round of financing along with other notable companies such as Desert Angels, Arizona Technology Investors, and Kurrent Investment from Phoenix, Arizona, USA. Below is an article outlining how the bridge round ended from the local Phoenix News:
This is very exciting for the future of Nexus and Vector!
To anyone following the Nexus Github repository, you can see there have been major updates (refactoring and designing) of the Nexus codebase. This is in preparation for the release of Tritium, which in and of itself is a 3 part update (Tritium, Tritium Trust, and Tritium ++) and creates the base of what is termed the TAO update series. This will include the release versions Tritium, Amine, and Obsidian (TAO).
Tritium begins when the Beta release is fully finished and uses a far more advanced backend coding structure that Colin has been developing for quite some time. The next step in the sequence of the Tritium release will be the long anticipated Tritium Trust update. The Trust update will replace the existing Trust System with a new algorithm removing the issue with frequent Trust Key expiration. The Tritium Trust update will reactivate some of your highest interest Trust Keys and will also include significant other Network consensus updates. This will be followed by Tritium ++, which will complete the Tritium series and act as a cleanup build by including any necessary additions and adjustments to the code base. Tritium ++ and will also include an expansion of the protocol message sets that will ensure the base of the TAO will support all following updates.
The specifics of the Amine and Obsidian releases will be detailed at a later time. Once completed, the TAO update series is going to be a significant foundation, not only for Nexus, but also for any other cryptocurrency implementing the protocol and will make the architecture of blockchains available for mainstream use and adoption.
Team Member Profile
Keith F Smith is a Core team member of Nexus. Starting out on computers as a child in the early nineties, Keith was building websites by the age 12 and even started a web development company. By age 16, he was taking college courses for computer information systems and working as a Microsoft Access database developer. Keith furthered his studies in computers at a local college, but decided to get into construction instead because of the many local job opportunities. He first found Bitcoin while organizing the Nationwide End The Fed marches and campaigning for Ron Paul. Years later in 2013, he finally made the plunge into cryptocurrencies and like many in crypto, he became heavily immersed.
Having been involved with other cryptocurrency teams where some of the major players had only their self interests at hand, Keith was looking for a likeminded folks who were interested in advancing the world through the blockchain and not merely in it for profit. Eventually, while attempting to implement his idea of variable proof of stake, he was introduced to Colin by Preston and they hit it off. Finally, Keith met someone who saw the big picture and shared his decentralized principles and also had the talent to make it happen. From Keith’s original idea, Colin was the only developer he met able to code what became NPoS and formed the basis for the need of Trust Keys. Keith built the current website and is currently working on the GUI for a future Nexus Wallet. He also produced several Nexus videos and continues to assist in steering the Vision of Nexus and building the Nexus presence in crypto. He loves family, fishing, and music. Having a deep understanding of economics, his influence runs deep in the economic model of Nexus. “BE THE DECENTRALIZATION” – Keith Smith
Sidebar fact… Colin’s screen name Videlicet (videre licet) means: it may be seen; evidently; clearly.
Author: Preston (@pdogg147)
Editor: gjsteele71 (@spaid)