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