In the lead up to Christmas, and the much anticipated Nexus Tritium core release in January 2019, the Nexus development team is hard at work preparing for December’s public test nets and creating the module store. In late November, Colin Cantrell presented at the Cryptofinance conference in Oslo, and Nexus held its first European Developer Workshop in Warsaw.
The LISP mapping system is running on Tritium and is being tested. Crypto-EIDs which are IPv6 are also ready, and the team is moving forward with linking them to signature chains. Advanced Contracts are also in testing with new validation scripts which are being finished. The Logical and Interface layers are entering into their final phases of beta. A public Tritium testnet is aimed for the end of December, while the API and RPC are awaiting final core features to be completed.
The Nexus Tritium update will allow developers to integrate with the Nexus blockchain through an easy to use, feature-rich API set. APIs will create user-friendliness for developers who will be able to build in a wide range of languages, and interoperability for existing private systems to interact with the Nexus blockchain. Nexus has designed its software stack based on the Open System Interconnection (OSI) network reference model, with the fifth layer as the API layer.
Dino has added a new draft update to ‘LISP-Decent’ to describe a pull-based decentralized mechanism for the LISP mapping system, which can be read here. He has also been holding bi-weekly Zoom meetups of which the links to the recordings are below:
Zoom meetup 1 shows how packets flow, how Nexus peer connections are made, and how the containers are connected to the underlay.
Zoom meetup 2 shows how packets are encrypted and sent on the IPv6 overlay due to the Locator / ID Separation Protocol on the IP address network layer.
Zoom meetup 3 shows how crypto EIDs, the mapping system, transactions over the IPv6 overlay, and Nexus nodes will protect users against IP address spoofing.
Colin, Alex and Jules travelled to Oslo for the BitSpace CryptoFinance conference. At the conference Colin spoke on two occasions, as a keynote on how Nexus is designing a decentralized internet infrastructure through the use of cube satellites, and on a diverse and lively panel with Richard Hart. We would like to thank the Bitspace team for organizing such a great event, and we look forward to attending the next one. Recordings of Colin’s presentation and the panel discussion are available on the following links:
Long-time community members @Mirrax and @Lib, kindly showed the Nexus team some of the lands of Norway and held an interview with Colin in which he answered questions from the community. The interviews can be viewed on the following links:
Nexus hosted its first European Developer Workshop in Warsaw, Poland. Colin Cantrell presented the design of the proposed social organizational architecture. Alex El-Nemer presented on some of the Tritium use cases, with insights into the technology Nexus is building with partner SoundVault who specialize in music licensing. We would like to thank all the Polish community for their continued support and great hospitality. The workshop recording can be viewed here.
Sustainable Supply Chains
It is clear that organizations can only operate effectively with easy access to products and services. Likewise, no organization can continue to grow if late payments and poor procurement processes remain in place. This is where blockchain technology can play a crucial role, in both the modernisation and improvement of the logistics and operations which are vital to the performance of supply chain systems.
January 8th: Colin will speak at CES Las Vegas, on the topic of: “How blockchain is remaking the Media/Entertainment Business”
We would like to thank the following individuals from the community for their warm welcome in Norway, @Mirrax, @Lib and @Tjustt, and the many people who helped with the Warsaw Workshop, including @Kat @Zygmunt @Pawel @Kkbiznesowy and @Jakub.
The next Newsletter will follow January’s Tritium release. We would like to wish you all a lovely Christmas and New Year with your friends and family.
It has been a very productive month for Nexus with the commitment of many new lines of code for the Tritium upgrade, ambassadors attending conferences, engineers meeting at the Internet Engineering Task Force, and the continued development of our distributed Embassy structure. The developers are also continuing to improve the Tritium Wallet and gearing up for the next set of beta testing.
Tritium Development Update
Most of the foundational developments of Tritium are complete. Recent tests of the Lower Level Library (LLL) show requests reaching 197,744 per second, and the Lower Level Database (LLD) handling the workloads handed to it when testing Lower Level Crypto (LLC) verification at over 4k tx/s.
The Nexus developers are at the stage of weaving together code over the network, establishing local databases to handle Signature Chains and register indexes, and adding lower level RPC commands to interact with the Ledger, with the higher level API being the interface in the command set.
Jack McGowen, a new Nexus developer, has been actively working with Scott Simon on the backend LLL-TAO Framework, cleaning up the code and helping to weave it together with the Tritium and Legacy code, into a live Tritium node (minus Tritium activated features) running over the live network. The code cleanup process has involved writing new code for existing functionality, and code comment-based documentation. A lot of the legacy code contained functionality from third party libraries such as boost. “We wrote new code to replace boost while maintaining the same functionality so now the code is less bloated and more portable. I got so excited about removing boost, that I removed it from the prime GPU miner as well,” said Jack. Moving forward, new users looking to build the code from source will no longer have to download boost. The team will use doxygen, an industry standard tool, to build an HTML format document from code comments that will be the foundation for learning for developers building on top of Nexus.
According to Colin Cantrell, in his latest TAO update, “Tritium will be released by the end of January, 2019. Yes , a timeline! As we have noticed over the last year, the removal of road maps and timelines didn’t do what was intended, it only created further uncertainty and rumors about the project. As we move into Chapter 3 of our history with distributed Embassies, new architecture, and distributed governance models, we felt it was appropriate to augment this with commitment from the development teams to set and meet deadlines.”
The Nexus Tritium update implements Signature Chains (Sigchains) that create a unique cryptographic identity system, a key-management authorization system, and a proof-of-ownership device. This allows a user to safely transfer and prove ownership of assets and data through advanced contracts. When a user publishes, transfers, or leases data, an event is recorded. This allows for a relationship between users and transparent chains of events to be recorded. That relationship provides the utility of managing data and assets: titles, deeds, patents, currency, records, music, copyrights, trademarks, websites, etc.
The Bitcoin Cash community went through yet another civil war where miners had to decide which new protocol upgrade to support with their hashing power. The two sides: Bitcoin Cash ABC (ABC) and Bitcoin Cash Satoshi’s Vision (SV), split on November 15th, 2018. Craig Steven Wright, leader of SV, threatened the entire cryptocurrency ecosystem, promising he would use every miner that supports his chain to 51% attack ABC, followed by attacks on all other blockchains. Alas, the first hash war was anti-climatic as the majority of hash power turned out to be on the side of ABC. Of course, the situation may still change if there is shadow mining afoot.
During the conflict, Colin Cantrell shared his perspective on the hash wars, and reminded us that “we must take a moment to ask ourselves: “What is our vision?” And if our actions aren’t in accordance with this, we must find ways to support projects that are.”
World Crypto Con was hosted in Las Vegas over Halloween week, and Nexus was a big part of the 10 year Bitcoin White Paper celebration. Nexus’ participation was funded by the community, and the event was staffed by Dionna and Anastasiya (US Embassy), Chris (Community Volunteer AU), and Cain (AU Embassy). Nexus sponsored the conference’s hackathon and the Bloqathon, which was hosted and organized by the Bloq team. Anastasiya gave an informative speech to the participating developers explaining the Tritium upgrade. Nexus also had a kiosk in a prime location, stacked with a 50 inch TV playing the wallet demo, and lots of Nexus swag. The team educated attendees about the Nexus technology along with our ledger layer scalability architecture. We want to thank everyone who stopped by to talk about the tech! A special thank you to community members Chris and Frank for going above and beyond to support the Nexus vision!
Blockchain Unbound: Tokyo
Nexus Ambassador, Dionna Bailey, attended the Blockchain Industries conference Blockchain Unbound: Tokyo. She was interviewed by several podcasts, participated in the Satoshi is Female & Women in Blockchain Luncheon, and connected with blockchain projects in Asia. Additionally, she represented Nexus in the Token Alliance Roundtable Tokyo where blockchain leaders in the Asian market discussed the current landscape of the industry and the challenges of regulatory changes. Among the attendees were the former commissioner of the SEC, NEO, Quoine, Huobi, Bittrex, Blockchain Industries, Perianne Boring, and Matt Roszak. As part of our membership in the Digital Chamber of Commerce, Nexus was featured on the front cover of Understanding Digital Tokens book given to legislators in the US and abroad.
As part of Nexus’ education initiative, the team has taken steps to expand into Korea. As a result, we now have our homepage live in Korean. There is also a dedicated Telegram channel for those in the community who want to get involved and keep up with news as well as a Twitter channel for public announcements. Future plans include meetups in Seoul as well as other initiatives to grow our international network.
Jack McGowen has joined the Nexus Core Dev Team! Jack is relocating this month to the US office in Tempe, AZ to work closer with the team as a software engineer. He obtained his BSCS:RTIS (Real-Time Interactive Simulation) from DigiPen Institute of Technology April 2017 and joined the Nexus community shortly after, and has been an active community member for over a year.
Jack learned about the outdated prime miner software and began working on a new one. He found that his GPU programming skills translated nicely from computer graphics to high-performance computing or HPC. “Any miner is trying to solve a HPC problem, and so the problem felt like a natural fit for my skill set.” Jack successfully implemented a fast 1024-bit primality test using Montgomery modular multiplication, and offered a significant speedup from efficient use of GPU resources. “The Prime GPU Miner is rid of boost, OpenSSL, and libprimesieve; it only requires CUDA and GMP to build now.” He has plans to write an even more scalable miner as he continues R&D on an efficient prime mining algorithm, and is currently working on the backend LLL-TAO Framework.
Quý is a web developer with six years of experience and has been involved in cryptocurrency and blockchain technology since 2014 when he was first working with NEM. He was attracted to Nexus because of the innovative technology it introduces, as well as its ambitious goal, and believes he can help Nexus improve on the UI/UX side to bring its great tech closer to the users. In his free time, he enjoys music, Salsa and Bachata dancing, and playing board games.
Colin, Alex and Jules met up with some long-time community supporters and new faces in London, including @borris and @cryptosi who shared their welcomed wisdom, @kat who is helping to organize the Polish meetup, @supernova who works in the satellite industry and @danielsan, who created the brilliant Nexplorer.
November 16th-17th: Colin Cantrell will be at CryptoFinance conference in Oslo.
November 18th: Colin Cantrell and Alex El-Nemer will visit Warsaw, Poland. We invite you to our first Working Group Conference, an opportunity to hear Colin and Alex present and answer questions, and to participate in a Contract, Functionality and DAC working group.
We are excited to collaborate and explore further with all types of developers to extend the application space from the conventional OSI design to build on the Nexus Tritium Software Stack and hold regular working-group meetups with people from around the world.
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:
It’s been a busy month as we’ve been preparing for launches both near and far. As we reflect on our vision and evolution it’s important to revisit our values. We have a renewed focus on getting back to our roots: decentralization, connection, and code. In order to embrace these roots, we are focusing in and reformatting the 2018 Nexus Conference with an emphasis on education, networking, code, and connection. This revised conference strategy will ensure that the conference is highly productive in advancing our code and subsequent use cases.
Our collective travels over the month have engaged our community in London, identified new potential partners in Europe, solicited insights from the IETF, and furthered our existing partnership with SingularityNET. The core of Nexus is connecting with humanity and we look forward to sharing some of these connections and partnerships in the near future. Please join us at our 2018 Nexus Conference!
Nexus Wallet Development Update
The new Nexus Wallet is officially in alpha! Join us for the journey as we get closer to the big reveal:
The NXS1 cube satellite (cubesat) is progressing well towards its March 2019 goal date. Vector’s estimated launch date has changed from October 2018 to March 2019. All of the satellite components have been procured and assembled as a flight engineering model, pictured below. The engineering model of the satellite is now undergoing integration, verification, and validation testing to verify that the components are all operating up to specifications. Once the integration testing is complete the flight model of the satellite will be assembled and placed in a vacuum chamber for further testing to simulate the space environment. Upon completion of testing the satellite will be packaged and transported to the United States from the manufacturer’s (Space Inventor) facility in Denmark .
Nexus has completed the process of identifying all of the components for the building of a ground station to communicate with the satellite once it is in its operational orbit. Approval for the funding of the ground station is currently underway. The ground station will become a key component for the operations and maintenance of the NXS1 as well as the NXS2 satellites.
The satellite components in assembly
Nexus: Coming Back to Our Roots
“The spirit of Nexus is freedom, love, and self expression” – Colin Cantrell
Decentralization and connection: 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, a transfer of data between machines, the relation of events, and the movements of Nature. Everything in the Universe is interconnected. We strive to find acceptance and to be a part of the flow, to feel at home wherever we go, to get the things that nurture our mind, body, and soul.
This is the direction humanity is moving in and it is clearly seen within the emerging blockchain and cryptocurrency industry. Originally created by a group of pioneers, the technology was built and given to humanity to grow and develop. We believe in the vision of people coming together with their individual skills and talents to collaborate and be a part of something bigger than themselves.
The Nexus community is at the forefront of this movement. Full of passion, curiosity and a keen sense of justice, we are constantly searching for better ways to connect. Yet no journey is without its challenges and lately we have struggled to connect while staying decentralized. Building new systems and structures requires experimentation, drive and collaboration, but it is easy to default to hierarchies and give away our power because that is what humanity has been taught to accept for centuries. That is not the way any longer!
We are free and we are powerful. We all see a variation of a new world where no one is boxed into systems that take away our voice or tell us that our creative spirit is not aligned with some corporate agenda. Self-expression and spontaneous self-organization is at the core of the Nexus philosophy and that is the way forward.
In that spirit, The US Nexus Embassy will be going through a lot of changes in the next few months and focusing on becoming community-centric once again; the root of the blockchain decentralization movement. We are also restarting up our Nexus bounty program. For all those who want to be involved and come up with creative projects, please join our communities on Telegram and Slack. All writers, artists, developers, meme masters, and translators are welcome!
As we collect ideas and suggestions, this incentive program will continue to evolve.
In the interest of realigning with our core values, getting back to our code development and community roots, Nexus is evolving the 2018 Nexus Conference to support our overall refocus efforts. We are focusing in on accommodating 300 attendees for a more intimate networking and educational event with increased focus on new code demonstrations including LISP integration and advanced contracting. We will continue to feature many of our amazing speakers sharing insights into the future of technology, with an increased focus on releasing the current state of our code, and progress to create a distributed internet in space. With less overhead and more focus, we can introduce new concepts to help build out those core values: enter Nexus working groups.
An Introduction to Nexus Working groups:
Individuals are invited to come together in Scottsdale to collaborate in the development of the Nexus stack via Nexus working groups. Once the working groups meet in person they will continue their communication and build-out through online interaction. Nexus working groups will be modeled after those of the IETF (Internet Engineering Task Force). Those that participate will have the opportunity to build out the model for how the working groups will operate. The future vision of working groups at Nexus is to have them align and build on a range of topics. If you would like to collaborate in building out the Nexus stack via working groups, or learn more about them, please join us at the 2018 Nexus Conference! Working groups will take place on Friday, September 21st. For more information on Nexus groups you can also join our telegram channel
Colin, Brian, and Dino at IETF Montreal
Colin Cantrell, Brian Smith, and Dino Farinacci (Lispers.net) attended the Internet Engineering Task Force (IETF) in Montreal, Canada, in mid July. The IETF meets three times per year, bringing together pioneers of the internet to develop protocols. Dino has been attending IETF for many years, while this was Colin’s second visit and Brian’s first. Hot topics at the meeting included how to scale blockchain, how the IETF could help crypto-currency designers, and how overlays can help distributed ledgers.
Brian and Dino attended the Sunday night tutorial on ILNP (an alternate way to do locator/ID separation for LISP), and found it useful to compare the pros and cons between ILNP and LISP. Both Colin and Dino presented at the LISP Working Group. Dino presented the ‘draft-farinacci-lisp-telemetry’ draft that Tritium will use to get more underlay measurements of the network when selecting peers. Additionally, he presented an update to ‘draft-farinacci-lisp-ecdsa-auth’ which is being used in IoT environments. Colin gave an update on ‘draft-farinacci-lisp-decent’ (a design for a decentralized mapping system) and shared some new ideas about how a pull-based mapping system could be used by doing algorithmic mapping from an EID (end-point ID) being registered/requested to the map-servers that will be used to shard the database. Additionally, Colin presented high-level ideas on how the DLT can use LISP crypto-EIDs as well as how LISP could use the DLT to validate mappings and store EID allocations. Good feedback was received on the presentations including lots of questions. Updates to all specs presented will follow and action items were put in place to present at the fall IETF in Bangkok.
Colin and Alex visit SingularityNET in Hong Kong
Colin, Alex, and Jules met with Ben Georterzel of SingularityNET to thoroughly explain the scalable technology of LISP and the 3DC. The developers of SingularityNET and Nexus will first collaborate on the research and development of reputation systems, which are imperative to the security of the Nexus Earth network and to the future decentralized marketplace for Artificial Intelligence. Nexus also envisions that different reputation systems could be built to suit the requirements of specific community and commercial applications, to serve resource sharing ventures that require data to be verified by an immutable consensus mechanism. The teams discussed many topics, including how AI could be employed as agents to detect abnormal behavior of nodes on the Nexus network, i.e. the creation of numerous signature chains for the purpose of making an attack.
Team Hire: Front-End Software Engineer
Demorio (Demo) Fluker joined the Nexus development team in July. He has always been fascinated with the inner workings and compositions of things. He started with PC building and quickly escalated to building applications and websites. With the decision to finally turn that fascination into a career, he attended Woz U, graduating in 2018 as a certified web developer. Demo aims to bring his creativity, talent, and positive energy to Nexus as a front-end software engineer. In his spare time, Demo enjoys producing instrumentals and songs in his home studio.
Nexus Prime GPU Miner (v1.0) Released
One of the most fascinating things about the Nexus blockchain is that it incorporates three different channels to validate data: a proof-of-stake, a hashing proof-of-work, and a prime proof-of-work channel. For over a year, our community has tried to solve a dilemma with the prime channel: our previous miners were too inefficient to compete with a monopolizing force. Now, thanks to Jack McGowen (@Blackjack) and Nexus Lover’s (@nobody) guidance, we have taken a crucial step in decentralizing the prime channel.
At the beginning of July, Colin, Alex, Scott, Brian, and Ajay met with some of the European Nexus community in London, organized by Jules (@jules). Many Polish members of the Nexus Community joined in, among others. The team then spent a week meeting with businesses in London working on new development opportunities and use cases, which will be announced in the near future.
Nexus in the Media
Colin and Colin on Decentralized Podcast from Sydney:
Thanks to our community for continuing to evolve and challenge Nexus to be its best so that we can have the biggest positive impact, via this technology, possible. We look forward to getting back to our roots with all of you and refocusing our mission.
Lastly, we are very much looking forward to seeing you in Scottsdale next month at The Nexus Conference. This valuable exchange will provide many opportunities to expand our horizons and to personally interact to build the future together. See you there!
May was one of the most exciting months in the history of Nexus with the release of the Tritium White Paper. Tritium is the first of the TAO update series (Tritium, Amine, Obsidian) and represents a giant leap forward in blockchain technology. Nexus is pioneering unique solutions in order to solve the industry’s most pressing challenges while maintaining the principle of a distributed landscape, hence the term Distributed Ledger Technology.
Through the creation of an innovative software stack, we are tackling the challenges of speed, scalability, ease of integration, and intuitive user experience. Tritium incorporates advanced contracts which will allow for easy integration of financial tools for increased accountability and transparency. Tritium also incorporates LISP technology into the Nexus framework to further ensure the network is distributed, secure, scalable and introduces parallelism on the network layers.
The core team also had a busy travel month with some of the team visiting Australia, where Colin Cantrell spoke at Sydney’s Bitcoin & Blockchain Fair, and others from the team in New York City for Consensus. These trips help us make important connections in the industry and educate key people on the work being done at Nexus.
Last but not least, we would like to remind everyone that we will be hosting the Second Annual Nexus Conference here in Scottsdale, Arizona from September 19th to the 22nd. See you all there!
Development update from core developer Brian Smith:
Our development team has been growing and is now structured into two different groups. The front-end developers are working on the Nexus Interface (wallet) and the back-end developers are working on the legacy code and the new Tritium protocol.
“We’ve been shoring up each of the modules as well as making sure all the Legacy QT wallet features are implemented in the new interface, and cleaning up any loose ends.” said Dillon Dugan who is part of the wallet development team.
We are continuously maintaining the legacy code base as well as working on Tritium. Colin has been working with each of the developers on specific portions of the LLL with the overarching goal of improving the code and reducing the memory footprint. We are also developing a new coder training set with explanations on how Nexus works and how it differs from other blockchain projects. Colin and Brian are additionally building out the Unified Modeling Language (UML) for the Tritium protocol.
Nexus Releases the Tritium White Paper
After a lot of hard work and much anticipation, the Tritium White Paper was released on Tuesday, May 29th. We are pleased to share the blueprint for this revolutionary technology co-authored by Colin Cantrell (Chief Architect and Founder, The Nexus Embassy) and Dino Farinacci (Lispers.net), the next evolution of blockchain scalability, integration, and usability. Just as the Nexus project has continued to grow, building and connecting with many, this paper was an unprecedented collaboration of many. Make sure to read about the amazing White Paper Community contributors, Shea, Jules and April, featured in the Community Contributor section of this newsletter.
The Tritium White Paper is here, our blueprint to the future.
Blockchain is a flourishing technology that is in a constant state of change. In recent years, the global market for blockchain has grown exponentially, yet as organizations race to efficiently adopt and implement blockchain technology, they are encountering numerous scalability and implementation challenges.
Current Industry Landscape
Nearly all blockchains currently in use record information in one dimension, comparable to a single lane highway. When a highway gets congested from mass use, traffic comes to a standstill as it bottlenecks. These limitations prevent blockchains from scaling efficiently, because as more transactions are processed the network slows down. These constraints are already being widely reported via early blockchain adopters. From an enterprise perspective, there is a need for a simple interface with easy integration, thus allowing for broad applications across industries while scaling for worldwide use. Instead of building custom applications on a predetermined platform, businesses are seeking opportunities to collaborate on the design process prior to blockchain development to ensure the technology meets their individual and/or industry needs.
The Nexus Tritium Solution
Nexus is pioneering a new approach to blockchain technology that solves the biggest challenges faced by the industry: scalability, ease of integration, and intuitive user experience. Beginning with the Tritium update, Nexus is creating an innovative software stack containing multiple layers of abstraction that will streamline business integration into the Nexus framework. It will create the foundation of a cryptographic identity system and make smart contracts easily accessible through a feature-rich Application Programming Interface (API) set.
Each API will be developed through a standardization process with input from businesses, industry leaders, and developers, focused on providing a well-designed interface and seamless business integration. This unique customer engagement approach allows businesses that are building on the Nexus software stack to have input on the forward development and standards for each release. This is very important for streamlining the integration between consumers, businesses, and networks.
The software stack introduced by Tritium enables the incorporation of advanced contracts and allows for built-in smart financial instruments, such as stipulations on funds received and their appropriation. Smart financial instruments such as ‘receive signatures’ can be expanded into a form of multi-signature contracts allowing multiple parties to decide how the funds are spent, thereby increasing accountability and transparency. These organizational contracts allow businesses and consumers to function in a more streamlined and connected way.
The integration of LISP (Locator/Identifier Separation Protocol) with Nexus introduces a truly distributed, secure, and scalable infrastructure network. The combination of running Nexus over LISP with the Tritium software stack represents a new evolution of blockchain development that addresses the critical issues facing existing technology. Nexus / LISP also creates a more efficient messaging system, prevents IP address spoofing, and introduces parallelism on the network layers.
Tritium Protocol Features
Modular architecture provides a robust and stable platform allowing for greater use case flexibility and extensibility.
Modular design allows for a powerful range of new use cases where data integration challenges are minimized.
The Nexus Software Stack provides parallel processing, eliminating bottlenecks.
It allows contracts to function at scale by decoupling responsibilities into different layers of operations.
A register-based contract engine allows for data ownership, transfer, lease, publishing, security, and monetization.
The reputation system in the ledger builds digital reputation that couples economic incentives with greater trust.
A relationship system in the ledger determines how nodes interact with each other, strengthening connections.
The Lower Level Library creates easy to use templates for efficient data handling.
Signature chains increase security and establish a digital identity system.
A new wallet includes user-friendly modules and new modular design.
API set designed for ease of use and seamless integration with existing software.
Industry-specific API standardization facilitates enterprise design collaboration and ensures usability.
LISP overlay improves scalability and security resulting in a truly distributed topology.
LISP allows network communication to remain private, preventing eavesdropping.
Supports multi-signature contracting allowing for consensus approval.
The Tritium Protocol, as described in the recently released white paper, is the first of three updates of the TAO framework (Tritium, Amine and Obsidian) that provides utility, scalability, and extensibility to the Nexus Blockchain architecture. It is the first step towards a practical and efficient distributed system that can be tailored to various use cases. Through an intuitive user interface and comprehensive API sets, Tritium enables seamless integration with other applications. With the upcoming implementation of Tritium, there is plenty to be excited about!
The Nexus Conference is Coming!
We’d love to see all of you at The Second Annual Nexus Conference from September 19th – 22nd in Scottsdale, AZ. Make sure to visit our conference website and join the mailing list to be among the first to be updated to reserve your Early Bird Tickets!
At the beginning of May, Colin Cantrell (Chief Architect & Founder) and Colin Forbes (Chief Financial Officer) of The Nexus Embassy traveled to Sydney, Australia to speak at Sydney’s Bitcoin & Blockchain Fair, as well as connecting with the large Nexus Community in Australia. While there, Colin and Colin participated in many interviews (see links below) covering the latest from Nexus including topics like the Embassy’s self-funding mechanism, the 3 Dimensional Chain, and more. The visit included a Facebook Live interview with Alex of ‘Nugget’s News Australia’ and a well attended Sydney MeetUp and a lively dinner with the Australian Community. At the Bitcoin Fair, in addition to having a booth Colin C. spoke on decentralized organizational structures.
A big thank you to Cain Beuchat, Mike Casey, Paul Screen and the rest of the Australian Nexus Community for their organization of the Blockchain Fair, the Nexus Booth, the Sydney MeetUp and the community dinner as well as their continued collaboration on Nexus. Colin and Colin look forward to visiting again.
Check out the interview from CryptoFinder with Colin Cantrell & Colin Forbes:
Members of the Core team visit Consensus: Kierre Reeg, Alex El-Nemer & Ajay Ahuja
In early May, Ajay Ahuja (CEO), Kierre Reeg (Chief Economist), Alex El-Nemer (International Business Development) and Dionna Bailey (Business Development) attended Consensus in New York on behalf of the core team. With over 4,000 in attendance this year, Consensus has become one of the biggest blockchain conferences in the world. Consensus was a great place to connect with leaders in the industry and to gather information, as well as an opportunity to educate organizations looking for a layer one blockchain solution such as Nexus. We are excited to see these relationships materialize in the future. Hot topics at Consensus this year for the Nexus team included potential future regulation of the industry, enterprise supply chain wish lists, and overall market sentiments. The team also had the chance to connect with many Nexus Community members who were attending Consensus.
Nexus Hires another Dev
Core Dev: Francisco Hernandez
Francisco Hernandez Henaine moved to the US from Mexico when he was 16 years old to pursue academic and professional development opportunities. He has always enjoyed a passion for technology and started fixing and building computers at a young age. When he took his first coding class, he felt like he’d found what he was meant to do. Francisco got into the blockchain and cryptocurrency industry in 2017 and was truly amazed by its potential, most especially what he saw at Nexus. Some of his hobbies include foosball, pool, soccer, gaming and working out.
Interview with Alex El-Nemer
Alex El-Nemer (International Business Development) of the Nexus team had the pleasure of speaking with Dominic Bennett in an AMA video that took place on May 1st. Alex has been working from London to educate about Nexus outside of the US, including working on international use-cases, sponsorships for the conference, and helping with international press for Nexus.
Tritium White Paper: Shea (@Shea), Jules (@Jules) and April (@chambermaid):
Shea, Jules, and April from the Community worked closely with Colin and Dino to write the Tritium White Paper. These dedicated community members are extremely knowledgeable in mathematics, engineering, technology and economics, and greatly help the advancement of Nexus. They have also collaborated with the team on the Nexus FAQs and the website content, and continue to educate people on the revolutionary advancements of Nexus. Our thanks to each of you for all of your hard work!
TritiumWhite Paper Explained: Spaid (@Spaid), Ahmed (@Medo_NZ), and Peter (@imestin):
Since the release of the White Paper, many Community members have taken the initiative to simplify the technology in order to make it more understandable for many. Thank you for your impactful contributions.
The Nexus Tritium White Paper Seven Layers Simplified:
Community Mining Guide: Vilcu (@Vido) and Glen (@MrProbz)
Vilcu and Glen from the Nexus Community have compiled a comprehensive and very user-friendly Community Mining Guide for anyone who is interested in mining Nexus. The guide includes everything from equipment suggestions to step-by-step instructions on how to setup miners and receive your first reward for securing the Nexus blockchain. The Nexus miners are always available to help and answer questions in our Slack. Please email [email protected] for an invitation.
We’d like to thank the Community for an unprecedented time of collaboration. The Tritium White Paper as well as Nexus’ growing blockchain advancements are proof that we are always better together. As a further testament to our growth, we’ve just reached 20,000 followers on Twitter. Thanks for all you do!