Nexus partners with SpaceChain and appoints their Co-Founder and CTO, Jeff Garzik, to The Advisory Committee.
Scottsdale, Ariz. — September 27, 2018 At its 2018 Blockchain Conference last week, Nexus announced its partnership with SpaceChain, the decentralized space agency that plans to build an open-source, blockchain-based satellite network. Additionally, it was announced that Jeff Garzik, the Co-Founder and CTO of SpaceChain, will be joining the Nexus Advisory Committee.
As the third Bitcoin Core developer, Jeff Garzik brings extensive knowledge and experience to the Nexus team. Jeff attended The Georgia Institute of Technology in 1996 where he studied computer science and was involved in one of the best-known open source projects, the Linux kernel. Jeff co-founded SpaceChain with Zheng Zuo. The two successfully launched their first cube-satellite in February of 2018, which uses SpaceChain’s satellite software SpaceChain OS and hosts a QTUM blockchain node.
The partnership between Nexus and SpaceChain centers around collaboration to deploy a decentralized internet in space that both companies have been developing. The satellite mesh network will deliver a more accessible, secure, and censorship-resistant communication system, while demonstrating the potential of privatized, space-based initiatives. The partnership will include one of SpaceChain’s future satellites, that will host one of the Nexus nodes; they will also have the opportunity to host nodes on future Nexus satellites. Nexus is due to launch their first satellite next year. It will be the first ever satellite launch funded in cryptocurrency, with Nexus (NXS) being the cryptocurrency of choice.
As an advisor to the organization, Jeff will provide his expertise in coding and assisting Nexus in developing their 3-Dimensional Chain, an on-chain scaling solution of distributed ledgers for mass adoption. He will also assist in building the Nexus Advanced Contracts that Colin Cantrell, the Founder of Nexus, demonstrated at the 2018 Nexus Conference, held recently in Scottsdale.
“Jeff is an early contributor to the open-source movement, and someone who truly believes in what it can do to make the world more free and open.” Colin said, “I’m honored to be able to work with him, to make the promise of cryptocurrencies real for everyone.”
Garzik and Cantrell at the Nexus office.
Nexus is an innovative open-source blockchain technology and digital currency designed to improve the world through advanced peer-to-peer networks. Nexus focuses on solving the current challenges of speed and scalability in the blockchain industry and provides world-class quantum resistance through its many innovations. We aspire to combine blockchain technology with ground-based MESH networks and satellites to facilitate the formation of a decentralized and distributed internet. Nexus will enable people to take control of their personal and financial freedom, empowering humanity in the process. For more information and to see how you can help build the future, visit www.NexusEarth.com.
Founded in 2017, SpaceChain is building an open-source blockchain-based satellite network, allowing users to develop and run decentralized applications in space. The SpaceChain operating system will be available to anyone, anywhere in the world, all while remaining secure and immutable through proven blockchain cryptography. In doing so, SpaceChain’s vision is to remove barriers and allow a global community to access and collaborate in space. For more information, visit https://spacechain.com/.
Welcome to Scottsdale, Arizona! On September 19th, you will walk into The Phoenician Resort, a paradise getaway at the base of Camelback mountain, ready to be inspired by the revolutionary technology that is sweeping the world: blockchain. The three-hour Blockchain 101 Course will give you a glimpse into the future you haven’t even imagined yet. A more secure and censorship-resistant monetary system? A tool for artists to get paid directly for their talent? A platform on which transparency and accountability are standard business practices? By the end of Blockchain 101, you will know everything you need to know to dive into The Nexus Conference.
You will start the afternoon with the best of our local community in Arizona: an introduction to what blockchain is all about, not just the tech, but also the culture. From business use cases to diversity in the industry, to humanitarian opportunities, speakers will show you why everyone is excited by these new possibilities. In case you missed it last year, you’ll get to watch a screening of the Mully documentary, a story about Charles Mully who left Kenya’s slums to become a multi-millionaire, only to give it all up to serve thousands of Kenya’s street children by creating a self-sustaining community. This year, you will find out what has happened since the documentary was released.
Check out the trailer:
Our adventure will continue on Thursday morning with an optimistic introduction by the Editor in Chief of Wired, Nicholas Thompson, and then we’ll get into the really cool stuff: SPACE. Jim Cantrell of Vector, Jeff Garzik of Spacechain, and Colin Cantrell of Nexus will all be sharing their visions of our interstellar future. After lunch, you will be transported into the minds of brilliant coders and software engineers who will teach you all about the Nexus technology. Don’t miss the announcements throughout the day! We will finish the day with some amazing and inspirational Keynotes including Jay Samit, former Vice Chairman of Deloitte and serial disrupter, followed by an opportunity to network with like-minded individuals at an engaging cocktail party.
Don’t party too hard though, as the last day of the conference will blow your mind. You’ll start out the morning learning more about the financial side of cryptocurrencies, the SEC regulatory landscape, decentralization, quantum computing, and machine intelligence. By the afternoon you will be ready to get in at the ground level of this technology; by joining the first Nexus Working Groups. These sessions for businesses, developers, and community members are a chance to build the blockchain and governance structure of the Nexus network. By gathering our joint insights, ideas, and suggestions we can customize Nexus to service the needs of the global market and change the world for the better.
We can’t wait to build the future with you! See you at the Nexus Conference!
The New Tritium Trust System Our Community Has Been Waiting For!
Colin has released a new version of the QT wallet with a re-vamped staking system. This update is REQUIRED by 09/14/2018 19:11:00 GMT -7 to keep your wallet running on the main chain. If you don’t update by then, your wallet will simply stop syncing, but your funds are safe. Just update as soon as you are able.
Read Colin’s Blog to find out more about the update: https://medium.com/@colincantrell/legacy-update-the-trust-update-ae0d05cd2f5
Download the new wallet from Github: https://github.com/Nexusoft/Nexus/releases/tag/2.5.0
Linux, .exe, and .dmg bins are all compiled!
If you are upgrading from 0.2.4.6 or earlier, this version will re-index your blockchain database the first time it runs. The process will take a while, up to 5-10x the normal load time depending on your hardware. Let it load, then let it sync completely. You can also use the bootstrap to speed up the process.
Re-indexed database bootstrap is available: www.nexusearth.com > Get Nexus > Recent Database
After the initial load, it has been reported that the wallet starts within just a few minutes!
Backup your current wallet
Exit current wallet
Download 0.2.5.0: nexus-qt.exe for Windows, nexus-qt.dmg for Mac
Run the new executable instead of the old one
*If launching Nexus from the Spotlight “cmd space” you may get an error about your Mac version. Please go into the finder and on the left tab is a “Devices” section. Under “Devices” you will see “Remote Disk” and “nexus-qt”. Launch nexus-qt.
If you need assistance, please join our support channels.
Slack #support: https://bit.ly/2MmYTdQ
UPDATE (Edited) 9/14/18:
Nexus Wallet 0.2.5.0-RC-2 is released for Windows and MAC:
If you experienced issues with your wallet syncing after the 2.5 update, please update to the RC-2 branch by downloading the new .exe or .dmg file from Github. You do not need to update if you did not have any syncing issues:
Colin’s first build was a go-kart, a father-son project inspired by his father Jim, and by the competitive spirit and passion for racing which they both share. Growing up with a man who is literally a rocket scientist has given Colin an undeniable drive to push the limits of his mind, and the boundaries of the technologies he has invented and continues to build to this day. Both are engineers, entrepreneurs, and philosophers, and they have decided to combine forces to make a positive impact on the world in ways no one has ever done before. This is the story of a father and son team, Jim and Colin Cantrell, who are destined to change the world by connecting humanity through technology.
Jim Cantrell, The Rocket Man
Today, Jim has an impressive career in aerospace and is forging the way for the commercial space industry through his company Vector, which specializes in building small rockets and launching micro-satellites to fulfill the needs of both companies and individuals. His journey began in the midst of the space war between the United States and the Soviet Union during which he worked with the French, Soviet, and American space agencies. At the conclusion of the Cold War, Jim found himself back in the U.S., but the fight was far from over as governments around the world had to deal with the economic and military fallout from the collapse of a world superpower. Jim was in the trenches of this transition, and, in fact, was in Moscow when Yeltsin took over as the first president of the new Russian Federation.
In 2001, he was approached by Elon Musk, who decided that his mission was to “make humanity a multi-planetary species”. To accomplish this, Elon needed Russian rockets and enlisted Jim’s expertise in Soviet technology. The two men, along with a brilliant band of ‘Space Cowboys’, set out on a journey to build SpaceX. While Elon’s direction was clear, Jim had dreams of his own, and a year later he left SpaceX to establish Strategic Space Development, which is a consulting firm that provides strategic planning and new business development for aerospace and defense industry clients. Over the next few years, Jim’s continued work with government agencies, such as NASA and the NSA, led him to become a conscientious objector to the actions of these agencies. Inevitably, Jim gave back his security clearances and left the space industry in his rear-view mirror to pursue his life passion for racing cars.
During his sabbatical, the microsatellite industry grew, and Jim saw the opportunity for disrupting the previous industry standards set forth by government-led space initiatives. Vector has become instrumental in this process. Launched in 2016 with prominent industry leaders John Garvey, Ken Sunshine and Eric Besnard, the company has set out to connect space startups and innovators with dedicated, affordable and reliable launch services, enabling platforms and vehicles to access space efficiently and in a more optimized way than ever before. Their revolutionary business model includes micro launch vehicles, programmable satellites, and all-inclusive launches into Lower Earth Orbit (LEO).
Jim, like any distinguished entrepreneur, is dedicated to doing his part by making changes that impact humanity in meaningful ways. As he transforms the world of space and makes it more relevant to the average person, his son Colin is doing the same thing on Earth, through a blockchain and cryptocurrency called Nexus (NXS).
Colin Cantrell, The Father of Nexus
Colin has been interested in coding and space advancement since he was very young. He learned Visual Basic programming language at age twelve, and by sixteen he was already designing rockets with his father. Now, at twenty-seven, Colin is a hardware and software inventor, musician and philanthropist who is determined to bring positive change to the world. In his spare time he composes symphonies and supports local art communities in Arizona. His love for mechanical and software engineering has led him on a largely self-taught journey, and through Jim’s network, he has always been surrounded by brilliant mentors. He often tells stories of spending time with Buzz Aldrin and other astronauts while waiting for his father to finish work.
In 2013, Colin discovered cryptocurrencies and was fascinated by the blockchain technology that powered them. “You just know when something is the future, you just have that feeling, and I knew that immediately,” he said in an April interview with The London Letter. An idealist at heart, he believes in Satoshi’s vision of a free and prosperous world, and looks up to the prominent figures in the cryptocurrency community such as Jeff Garzik, founder of SpaceChain, and Andreas Antonopoulos, a Bitcoin evangelist, both of whom share the same outlook.
Colin dug into the Bitcoin Whitepaper, learning everything he could about the technology while participating in the community. In 2014, the cryptocurrency market was riddled with controversy and skepticism as more projects entered the nascent crypto economy. Colin was committed to keeping the original ethos of the movement, which is to keep people’s wealth secure and decentralized from corrupt third parties. He also saw the improvements that could be made to take blockchains to the next level. He began by fixing bugs and inconsistencies in the original code, and then developed a hybrid blockchain using a combination of proof-of-work and proof-of-stake channels. He saw a new future for the entire industry, and recognized a way to build a better foundation for a more long-term and consistent model. From this inspiration, combined with community organization and collaboration, Nexus was born.
What is Nexus Earth?
Nexus is a movement to connect and empower people around the world. It is the next generation of blockchain technology, focused on developing a fully decentralized and distributed peer-to-peer network, a quantum-resistant and scalable ledger protocol, an advanced contract platform and a digital cryptocurrency. Nexus aims to decentralize software (through the 3-dimensional chain), hardware (through the cubed satellite mesh network), and organizational structures (Distributed Autonomous Communities), for a truly distributed ecosystem.
Originally mined from the Genesis block on September 23, 2014, Nexus was created to improve the speed, scalability, and security of distributed ledgers along with expanding accessibility to the benefits these ledgers provide. Right now, the Nexus blockchain is a hybrid of two mining channels and one proof-of-stake minting channel. It utilizes two quantum resistant algorithms for extra security and private keys that are two times larger than Bitcoin’s. Over the next few years, Nexus will upgrade its blockchain into a 3-dimensional chain, a structure that allows on-chain scalability, limited only by the number of nodes on the network. The first upgrade, Tritium, is being developed this year and will include an identity and reputation system, the basic foundation of a contract platform, and a new wallet interface, as well as other enhancements.
The satellite mesh network in Lower Earth Orbit (LEO) will provide global access to the NXS currency, and a reliable, autonomous and affordable internet infrastructure. Specialized ground stations will allow uncensored access to the satellites, and both networks will host a variety of distributed applications and services. Once the hardware designs are finalized and open source, individuals will be able to add their own satellites to the network constellation and profit from their space capacity.
Cryptocurrency in Space
Both father and son have a contrarian spirit, and anyone who meets them can quickly see that they are free-thinkers who don’t believe in failing, no matter how grandiose their vision. They are intelligent, dedicated doers with a lot of love and compassion for humanity. They both strive to create innovative technologies that inspire people to connect in new and beneficial ways without relying on central authorities. At the 2017 Nexus Conference, Jim and Colin came together and presented the possible future they see us heading into. A few short months later, Nexus announced its partnership with Vector: the father and son duo were bringing cryptocurrencies to space!
Nexus is a unique use case for Vector’s GalacticSky software-defined satellite platform, while Vector offers Nexus the opportunity to decentralize the hardware as a match to its decentralized and distributed blockchain software. Vector also accepts NXS for rocket launches. The first 1U satellite is already assembled with plans for a launch in March 2019.
“The capabilities provided by the GalacticSky platform, combined with the 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,” said Colin at the start of the partnership.
By utilizing a satellite virtualization platform through GalacticSky, Nexus can distribute the different layers of data distribution across multiple satellites, providing enhanced reliability and performance. This mesh network is a crucial part of sustaining the long-term utilization of blockchain technology, and will be built by those who want to participate in collective efforts.
Bringing Decentralization and Connection to Humanity
Decentralization and connection are the two evolutionary pillars that have sprung up from the blockchain revolution. They represent the free flow of energy through consciousness: the transfer of information between humans, the transfer of data between machines, the relation of events and the movements of Nature. It is fitting that both Nexus and Vector are creating disruptive technologies that connect people in new ways, moving away from inefficient centralized structures, and pursuing privatized free-market solutions.
Jim and Colin are visionaries who are designing these new systems, none of which would be possible without the teams and communities who are supporting them in these endeavors. When people apply their skills to their passions and collaborate together, their accomplishments are limitless, and, after all, that is what space exploration and technological advancements are all about.
What will the future be if like minded organizations come together to make these goals a reality? See first hand the revolutionary steps that will happen next with Nexus, Vector, and other leaders in the industry at the 2018 Nexus Conference in Scottsdale, Arizona on September 19-21st. www.TheNexusConference.com
August was another busy month at Nexus as the team executed its final preparations for the 2018 Nexus Conference and focused heavily on building out the code. The conference agenda is available (check it out here), with a rich lineup including a blockchain 101 seminar, inspirational speakers and panels, and the first ever Nexus working groups.
We want to invite everyone from the community to join us in Scottsdale on Friday, September 21st for these collaborative sessions to help in designing and building the Tritium Software Stack as well as a new model for a Decentralized Autonomous Community (DAC). We very much look forward to this annual opportunity to gather face to face with the community members who have been so integral in building Nexus. The conference always brings forth exciting opportunities and individuals that shape the code and the project. Don’t miss this final week to get tickets for the conference and make sure to tell your friends!
The Nexus wallet beta is off to a successful start. The team has solicited great insights and has released a sneak peak of the wallet overview page. Follow the wallet testing in our Nexus Slack or through our many social media channels. Dino Farinacci, founder of Lispers.net and advisory committee member, has been helping with the development of Tritium. He will be presenting at the conference and will share an exciting update with us this month.
We look forward to seeing everyone at the conference for more community interaction, business use cases and code development. If you can’t join us, make sure to follow us on twitterfor real time updates.
Nexus Wallet Development Update:
“My first impression is that every other wallet I use now looks archaic” – @breadsax
Sneak peak of the Nexus Wallet overview page
The Nexus wallet Beta 1.0 began on August 31st. Read all about the progress and impressions from the community here:
Colin Cantrell, founder and chief architect, revealed a number of interesting updates on the team’s development of Tritium, including a stress test of the LLP/LLD capacity to scale up to 144,485 requests per second, which is well within the requirements for VISA scale ability (20k/second peak).
I am currently working on packaging the tritium software. So the wallet, nexus daemon, and LISP can all come up in a docker container. By using docker containers, the code always runs on debian linux regardless if your hardware platform is running Windows, MacOS, Android, or Linux. The packaging allows for IPv4 and IPv6 EIDs to be provisioned dynamically so nexus peers can be discovered by seed nodes without any human intervention.
I am also testing each git commit that Colin is creating to test new functionality he has written over LISP. I am making the docker container environment easy for users to manage nexus and LISP by providing handy command line aliases. Additionally, I’m starting to write an application that tests all paths on the underlay to RLOCs.
The Story of Nexus: Conference Preparation
In preparation for the 2018 Nexus Conference Anastasiya Maslova, Wendy Katz, and Pete Keay put together a series of articles that tell the story of three aspects integral to the growth of Nexus. These also lead up to developments that will be presented at the conference. Read the first two articles here (keep your eyes peeled for the third), and join us to see how they unfold at the conference by getting your tickets today: www.TheNexusConference.com.
An Unexpected Scalability Solution: LISP and Nexus
Serendipitous meetings can lead to monumental advancements in tech on any given day. Meet Dino Farinacci, founder of lispers.net & former Fellow at Cisco Systems whose chance meeting on a train is bringing the first ever network scalability to the Nexus blockchain.
Learn, Develop, and Build with the Nexus Community at This Month’s Conference:
Pete Keay introduces us to the first of their kind Nexus Working Groups that are poised to revolutionize the internet’s standardization model. Join us at the Nexus Conference to design and build the elements of the Nexus Software Stack and Decentralized Autonomous Community.
Nexus Earth partnered with BitSpace to advance blockchain technology in space utilizing BitSpace’s international network of communities and companies combined with the Nexus blockchain. Read about it here:
Krishna Doddi has 15+ years of experience in the IT industry. He started with C++ coding for a direct banking product at USAA and then went on to build a payment gateway at TSYS which handles billions of transactions. One third of credit card transactions go through this payment gateway. He later joined American Express as the Lead Technical Architect and improved their response times above 60%. Krishna made major contributions at American Express working with Apple Pay’s Amazon integration. After that Krishna joined Intelas Data Scientist working on IoT and big data initiatives as well as machine learning. In 2016 he ventured into startups and started working on blockchain and other successful web based startups including RVnGO.com and CarRentalWholesale.com.Beyond his love of coding, in his spare time Krishna enjoys playing chess.
This promo video by MrProbz highlights why Nexus is the future of Blockchain:
Join our community Slack and get your meme game on for Jabar’s meme contest! The community will vote on its three favorite memes on September 16th. Prizes are: 1st Place: 200 NXS 2nd Place: 100 NXS 3rd Prize: 50 NXS
Nexus in the Media
A Brief History of Nexus:
Ever wonder how Nexus was born? Here’s a little history lesson as we get closer to unveiling our new technology: