The Nexus core team had a busy month in February as we continued to execute on key strategic initiatives to move the project forward. As discussed in a number of prior communications, we are focused on creating an all star team with a roster of some of the brightest minds on the planet. We will soon be announcing the addition of a new key executive who will help us take the project to new heights, as well as create the synergy necessary to plug us into crucial industries looking to utilize blockchain technology.
Also on the hiring front, we are continuing to bring on new developers as well as the continued utilization of contract developers where appropriate. We’re happy to introduce 3 new developers to the community in this newsletter. As we continue to build out this team we are also coming up with new ideas that are helping to shape the future development of the project in important ways that will ensure that the utility of the network is unparalleled.
For those of you who may not have seen, Colin Cantrell also released some highly impressive test stats on the LLD that show massive speed improvements over other technologies. The test compared the Nexus LLD to Google’s LevelDB and Oracle’s BerkeleyDB.
Kierre Reeg, Nexus Economist and Board Member had some insights to share on those tests:
To test the speed he had each database perform 100,000 read/writes, and the total running times were as follows:
Total Running Time 100,000 read/writes
LLD: 0.859903 seconds
LevelDB: 7.714264 seconds
BerkeleyDB 29.287241 seconds
This means that the Nexus LLD performs approximately 34 times faster than BerkeleyDB and nine times faster than Google’s LevelDB! These are highly impressive stats and it is yet another piece of proof that Nexus is developing the most advanced blockchain technology in existence today. In future newsletters we will break down those tests for you in more detail for a closer look at it’s capability.
The Nexus core team is continuing to reach out to important people in industry, finance and government to help them understand how blockchain technology can help to build a better world for everyone. We are constantly taking meetings that have the potential to help the network’s integration into high impact areas of economy and governance.
We strongly believe that industry leaders will want to build out layer 2 solutions on the best networks in existence with regard to speed, security and scalability; Nexus continues to lead the pack in all three categories. With our exciting new hires, innovative technology and groundbreaking ideas we plan on bringing blockchain technology to the masses to facilitate new forms of economic development and help create a more abundant world for us all.
WE ARE NEXUS!
Here is the latest development update from Software Engineer & Core Developer Brian Smith:
We have brought on three new developers and intend to continue growing. While training and working with each of our new developers we have been continuing our effort on Tritium development. The intent is for them to learn as much as possible over the coming weeks and place them where they fit best in our organization. In order to accelerate the development of the Tritium Interface (The New Wallet) each of our new devs have been tasked with finalizing one of the modules.
This month, we are excited to share with you an update from Phil Swazey who is our Lead Satellite Engineer but you can call him “SatelliteGuy”:
The Nexus One satellite, likely to be known as NXS1, shall be built by Space Inventor (http://space-inventor.com/). To the best of Nexus’ knowledge this might be the first satellite ever purchased using crypto currency and would set a new precedent.
The planned satellite launch location is the Pacific Spaceport Complex – Alaska which was formerly known as the Kodiak Launch Complex. The satellite is currently planned to be launched into a sun-synchronous orbit.
Operations of the satellite will be performed from Space Inventors facility and tracking station in Denmark. Nexus is also considering whether to build a satellite tracking facility in Arizona to initially receive data from the satellite and perhaps even eventually operate the satellite.
The design of the satellite is very basic, and it will not have a propulsion system on board. It will maintain a 3-axis nadir pointing attitude and utilize a UHF transceiver for communications. Nexus will need to obtain an FCC experimental license to launch and operate the satellite, which has not yet been achieved. Nexus will also need to apply for an FCC license to operate any ground stations to be located in the United States or its territories.
All of these plans may be changed or cancelled at any time for any reason, but the above is the current likely path the organization is heading. Additional information on this program might be further disclosed in the coming months in due course.
Arizona Leads the Way to Become the First State to Accept Taxes Paid in Cryptocurrency
The Arizona Senate passed a bill in early February that will allow taxes to be paid in Bitcoin and other “recognized” cryptocurrencies. The next step for the bill will be attempted passage by the Arizona House of Representatives. If accepted by the House, Arizona will become the first state to accept tax payments in cryptocurrency. Other states including Georgia have made progress to move similar bill’s forward but Arizona is leading the way in cryptocurrency-friendly legislation
In an article in Fortune magazine on the topic, Arizona State Representative Jeff Weninger, who has sponsored similar bills, says the primary goal is to foster technological innovation in the state. He went on to say that this would also send a message to potentially the whole world that Arizona is the place to be for blockchain and cryptocurrency technology companies. The bill, in combination with ASU’s #1 ranking for innovation, could potentially draw not only cryptocurrency and blockchain based organizations, but also many other industries touched by these technologies. Nexus is headquartered in Phoenix, Arizona, and is pleased to see the state making advancements in policy to move these potentially life-changing innovations forward.
Magic Giant serenades the Nexus team at their headquarters
Magic Giant, the Los Angeles based band Billboard Magazine noted as, “Beyond the Headliners:Here Are 10 Awesome Bands Playing Coachella 2018”, stopped by the Nexus HQ on February 28th to play some live music for the team, and to talk about how we can positively impact the world together. Nexus helped to sponsor Magic Giant’s spring “Magic Misfits Tour”, seeing synergies in the bands mission with Nexus as well as looking to educate a broader market about Nexus’s capabilities.
The band began their visit by introducing the team to their music philosophy and playing a few songs, which elevated as the session went on to a high energy collaboration between the team and the band. Following the performance, the team spent some time with Magic Giant laying out Nexus’s plans to create a prosperity- based money system and brainstorming ways to continue to collaborate to bring positive change through the combination of music and technology. After a rousing dialogue, Magic Giant jammed with Colin Cantrell, founder and lead architect of Nexus, rotating instruments and making some impromptu magic!
The band played a lively show at the Crescent Ballroom in downtown Phoenix later that evening to an enthusiastic audience. There are a few stops left on the Magic Misfits tour, so make sure to catch these very talented and special musicians in concert and look for further joint venture efforts between Nexus and Magic Giant in the future.
Watch some of the footage from their visit to nexus here:
Nexus & friends hangout with Magic Giant, while Colin Cantrell jams out with them
Colin at Phoenix Startup Week: Blockchain Outside of Fintech Panel
Colin Cantrell on the Blockchain panel at Phoenix Startup Week
Colin Cantrell had the opportunity to discuss the future of blockchain “Outside of Fintech” on a panel with other experts at Phoenix Startup week, Blockchain Day on February 22. Tim Wales and Scott Yentzer of Kadima Ventures, and Mark Venge of Token IQ, were also on the panel, offering their expertise as well as discussing the exciting possibilities this technology has for revolutionizing the future of nearly every industry.
Hot topics on the panel included the transparency blockchains provide as well as how this transparency can positively impact the future of our voting systems. Blockchain Day was created to bring together founders, developers, investors and enthusiasts in Phoenix for a day focused on the discussion of blockchain innovation and collaboration.
The website described the event as “Presented in a series of top-level keynotes, interactive panel discussions and solution-based case studies with a focus on education, engaging, and building partnerships in the emerging Blockchain space.”
The Blockchain Conference explored the industries that are set to be disrupted the most by this new technology, including; legal sectors, financial services, healthcare, insurance, energy, music, government, real estate and more. The Blockchain Day was a big success with a standing-room-only crowd, as Phoenix continues to demonstrate that it is a leading center for the development of these impactful technologies.
Visit the site here to learn more about Blockchain Day:
Nexus has brought three new devs on during the month of February to help move the Nexus vission and technology forward. We’re delighted to introduce our new devs to the community!
Max Rutometkin: Max has a Bachelor’s degree in Computer Science and has worked with such programming languages as : Visual Basic, Pascal, C , C ++, Java, Python and Solidity. He received his Master’s degree in Artificial Intelligence and Machine Learning, and has also studied in the disciplines of Neural Networks and Deep Learning. Max has spent the past eight years working in financial markets, most recently on Wall Street where he used new technologies to model trading systems and strategies for global financial markets. He developed and tested systems to search for new trading signals, information collection and risk management.
Max became interested in blockchain technology while working in New York. He realized that this technology will change financial markets, as well as the world, and began programming Ethereum Smart Contracts by himself. Convinced that cryptocurrency and blockchain represent the future, Max ultimately decided to work full time in this rapidly emerging industry. He is excited to dive deep into understanding blockchain technology, and with Nexus, The World’s First 3D Chain.
When Max first discovered the Nexus Website, his reaction was, “Wow! This sounds great.” He was deeply impressed by the concept of creating a blockchain through satellites and using this network to create a powerful artificial intelligence. At Nexus, he feels that he can apply his knowledge, share his ideas and learn a lot. We can’t wait to have you as part of the Nexus team, Max!
Bryan Hallmark: Bryan Hallmark is a dedicated software engineer and web developer. Just 30 years old, he brings over a decade of experience of software development and web development from within the pharmaceutical industry. Bryan is very eager to shift gears and put his talents to use for Nexus and its community. “I’ve always enjoyed studying cryptocurrency, computer science, astronomy and physics. Working for Nexus is the perfect opportunity to combine my interests and skill set. I believe in the Nexus vision and am honored to be a part of an idea that can shape the future.”, he says. In his free time Bryan enjoys, playing ice hockey, surfing and spending time with his family and friends.
Kendal Cormany: Kendal started coding in middle school using Game Maker, a plug and play platform that got him hooked. He always enjoyed video games and creating things, so the technology brought his passions together. After college, Kendal worked on app development, and then went on to start his own company in order to develop projects that he was most passionate about, and where he saw market gaps. For the past two years, in addition to working with large data, he has been predominantly application-focused.. At Nexus, Kendal is most excited about being part of the new world of cryptocurrency and blockchain and how it can positively change the world.
Why We Do What We Do: A Telegram Conversation
On March 5th, Scott Simon, who helps facilitate tech support for Nexus, had a conversation in Telegram with Flo Adrian from the community. We wanted to share it with everyone as it reminds us of why we do what we do at Nexus, and that we are here for the betterment of humanity. Flo Adrian lives in Romania, which ranks 41st in world GDP. He is able to subsidize having limited resources available to him in his country and high expenses by mining Nexus. His monthly salary working at a car shop is $500 a month, but he is able to earn about $550 a month mining Nexus, which provides him with a substantially better quality of life. The conversation ended with him commenting, “Country’s like mine really need Nexus and we really appreciate what you do.”
A big thank you to Scott Simon and everyone from the Community who works hard everyday to forward this mission!
WE ARE NEXUS!
Nexus On Social Media:
Top Growing Community on Reddit & Substantial Growth on Twitter
Nexus had a big week on social media, gaining 10.459% Reddit subscribers between March 5th and 6th, as the community approaches 3,000 active users. Additionally, on that same day, NXS was the #1 fastest growing community in crypto on the Social app, which compiles data from Twitter and Reddit together.
The Nexus Twitter doubled its growth for the first week of March, gaining 500 new followers. The Nexus Facebook has also reached a new milestone, edging toward 10,000 followers at the time of this publication.
Please make sure to join in and participate on all of our Nexus Earth social media channels for daily updates, the latest news and to be a part of our growing community! The thing we love most about our community is your active participation in helping to build Nexus. Make sure to join our Slack and inquire about the Pod system if you would like to get more engaged in building Nexus.
Nexus Ranks #1 in Crypto for social media growth on the Social app!
Nexus at Upcoming Events & Speaking Engagements
Nexus will have a presence at several forthcoming global conferences and events, two in Australia and one in London as well as a prominent speaking engagement.The APAC Blockchain Conference will take place March 13-15th in Melbourne, and, according to their website, “looks at the real impacts and potential of blockchain technologies in Australia”. The conference brings together innovators, regulators and leaders from around the world in order to aid in the advancement of blockchain building and strategy as well as testing blockchain viability. Nexus will be speaking at the conference as well having a booth.
The second Australian event Nexus will have a presence at is the Bitcoin and Blockchain Fair in Sydney May 12-13th. This event is described as “Everything Bitcoin, cryptos and blockchain with a goal to increase awareness, innovation and assist with mass adoption across all areas of this exciting new technology.” Chris Murdock and Cain from the Community will have a booth at the fair, so please make sure to stop by and see them. Look for announcements in our Slack channel for MeetUPs and other Nexus Community gathering opportunities at these events. Nexus has a very large and active presence in Australia, and we look forward to seeing everyone there.
Alex-El Nemer from the Community will be speaking at the Global Blockchain Conference that takes place in London April 18th-19th. To learn more about the conference and to join us in London, please visit: https://blockchain-expo.com/global
Alex will also be speaking at the London Institute of Banking and Finance on the power of digital currencies and blockchain technology, how they will change our future, and where Nexus will bring another dimension to this evolving space. The London Institute of Banking and Finance was founded in 1879 as the Institute of Bankers and has evolved in line with the financial services and banking industries. In 2013 it was granted a University College title and now educates globally on the progress of international financial systems. The Institute is making advancements to address the topic of digital currency and how it impacts our global economic ecosystem. Inviting Nexus to speak at the institute aids them in this mission while giving Nexus the opportunity to continue to educate people around the world about its advanced and world changing technology.
SPEED, SECURITY & SCALABILITY = NEXUS
Thanks to the Community and growing team for another amazing month! We couldn’t do it without all of you. See you all in April!
Welcome to the Nexus Newsletter for February 2018!
January was another highly active and innovative month for Nexus. We announced a partnership with SingularityNET, which is helping pave the way to responsible AI development; we continued to implement core strategies to move the project forward; and we launched a new website with terrific information content, specifically designed to help take complex concepts and make them easy to understand. Furthermore, we released wallet update 2.3.5, sponsored the Magic Giant tour, and key core members attended the Bitcoin Miami conference.
Nexus and SingularityNET plan to collaborate and utilize important aspects of Nexus’s blockchain technology to help provide a scalable and safe solution for the development of AI on blockchain. Basically it’s about finding ways to keep AIs honest and to solve the challenge of scaling up in a distributed manner; there is a full write-up on the details of the partnership below.
As always, we are continually working to move key aspects of the project forward such as coding, marketing, website, business development, partnerships, and, of course, administration. The Nexus core team members are highly dedicated to seeing the project succeed and show up everyday bringing the best of their talents to help affect positive change in the world through Nexus!
We also launched an all new nexusearth.com website which addresses many of the concerns Community members have relayed to us. The new website has more information content, conveys ideas in a better manner for easy consumption – and it just looks really awesome! We would like to thank all of the team and Community members who contributed to the creation of the site: You did an excellent job!
We encourage everyone to check out Magic Giant’s tour Magic Misfits which could be in a city near you any day! They play really great music and are one of the up-and-coming bands to look out for, and most importantly, they are very passionate about bringing positive change to the world!
Nexus is a large, long term project and the core team is committed to laying solid foundations for long term growth. We expect 2018 to be our biggest year yet. We have made good progress so far and will continue to do the challenging work necessary to build Nexus. As always we would like to thank our Community for being the most positive and dynamic Community in blockchain today!
Development Update from Lead Architect Colin Cantrell:
Work has continued apace on the Tritium and Lower Level Library stack bringing greater stability to the Lower Level Database, finalizing some benchmark tests that proved to be significantly faster than any other C++ embedded databases.
LevelDB is used in Bitcoin and Ethereum, BerkeleyDB is generally used for wallet.dats, and the LLD is used solely in Nexus.
These performance metrics compare current embedded databases that exist in other blockchain projects to generate a perspective as to how the Lower Level Database can help in scaling constraints of blockchains, including partitioning of the database from the LLD Keychain.
Wallet 0.2.3.5 was released to make it easier to keep a trust key active with a one day expiration period, and also included many stability features in the unified time protocol. This is part of periodic master branch updates to keep up development on the main wallet software while the Tritium code is developed in parallel.
The development team is currently in the process of hiring to expand productivity, with many resumes being reviewed and new hires expected over the course of this month. Keep your eyes posted for the developers being introduced in Slack, and as always if you or any of your friends are interested in working for Nexus send your resume to email@example.com.
Nexus Earth Partners with SingularityNET to Integrate Artificial Intelligence with the World’s Most Advanced & Secure Blockchain Technology
PHOENIX, Feb. 2, 2018 /PRNewswire/ — Nexus (NXS), announced a partnership with SingularityNET (AGI), to explore the combination of both technologies. SingularityNET is looking to expand horizons creating a decentralized AI network based on blockchain. This new partnership could result in the most secure, scalable and censorship-resistant blockchain AI infrastructure in existence.
Nexus and SingularityNET share an aligned mission of creating the safest and most advanced technology. In discussing the future of secure, decentralized AI, SingularityNET Chairman David Hanson commented, “It will become the single most valuable technology in all of history. This is the chance for us to change the world together.” SingularityNET will also be exploring the use of Nexus’ satellite-based alternative internet protocol. The integration with Nexus would strengthen its mission of creating a censorship-resistant AI network, democratizing access in a manner no other project could achieve.
Benefits/Implications of the Partnership:
For Nexus, the partnership presents a valuable use-case for deploying its 3D Chain architecture and exploring AI applications on layers 1 and 2 of its network. Both of these groundbreaking advancements in blockchain technology will become available in 2018.
Founder and Chief Architect of Nexus Colin Cantrell explains, “Nexus wants to resist the centralization of AI and believes partnering with SingularityNET can contribute to AI safety.” In a truly decentralized AI network, having rules contracted into AI decision making helps assure it will be used for good. Cantrell continues, “Nexus and SingularityNET are exploring new systems together in order to create a reliable means of self-regulating trust and reputation in a trustless system. This can make AI’s safer and more resilient when some of their decisions have to be routed through an immutable contract, ‘such as protect this human.’”
For SingularityNET, the partnership creates scalability, accessibility and security for its AI network. This creates safer, more advanced AI in a way the world has never seen. The partnership helps propel both companies forward in realizing their mutual aim of distributing powerful technologies. Nexus and SingularityNET both share the same mission – to create the safest and most advanced technology in the world.
Read more about the partnership from Blockchain news here:
Nexus launched a new, upgraded version of the website, Nexusearth.com in late January that offers users an enhanced way to learn about Nexus. The top of the site conveys the message “Connecting People and Technology to create a better World” and goes on to highlight the features on Nexus including: The WORLD’s FIRST Three Dimensional Blockchain, The World’s Most Secure Digital Currency (Nexus extended Hash), The Satellite Mesh Network and Distributed Topology. The site also features useful tools like how to Buy & Earn Nexus, the Nexus Wallet for download and our NEW “HOW TO BUY NEXUS ON CRYPTOPIA” VIDEO! Make sure to check out the new site, share it with your friends as well as those new to crypto and tell us what features you’d like to see added.
Watch the “How to Buy Nexus on Cryptopia” video here:
Nexus Sponsors Magic Giant’s Magic Misfits Tour:
Nexus is currently sponsoring Magic Giant’s Spring ‘Magic Misfits’ Tour. Magic Giant is a Los Angeles-based band that is viewed as a true musical innovator. The band often features concerts that raise awareness about the environment, such as their recent show in Aspen. Additionally, they filmed their latest album while traveling around in a solar powered bus. For Nexus, the sponsorship represents the opportunity to partner with innovators across varying industries who share a similar mission as Nexus – to positively impact the world. It’s also a great chance for young fans of Magic Giant to gain exposure to Nexus and learn about our revolutionary technology.
Nexus is always seeking innovative ways to teach the world about our humanitarian mission and advanced technology. Colin Cantrell, Chief Architect of Nexus and an avid musician as well, recently commented on the partnership: “Music brings people together. We have seen it gain prominence in times of cultural change such as the Renaissance, the 60’s and again today, as we come together in the spirit of joy, unity and connection. Our partnership with Magic Giant is built on the power of positivity and community – after all, Nexus means a connection between two or more things.”
Magic Giant has been named “10 Artists You Need to Know” by Rolling Stone as well as being featured in Billboard Magazine, “Beyond the Headliners: Here Are 10 Awesome Bands Playing Coachella 2018”. Make sure to catch Magic Giant at all of the remaining stops on their Magic Misfits tour, including BottleRock in Napa Valley and Coachella, and follow Nexus & Magic Giant on Twitter for upcoming ticket giveaways.
INNOVATORS IN MUSIC
INNOVATORS IN TECHNOLOGY!
Nexus caught up with Magic Giant in Denver, CO. Listen to the interview here:
Some members of the Nexus core team with Magic Giant in Chicago
Nexus at Unlock Blockchain, Dubai, and Bitcoin Miami
Nexus had a busy travel month in January, sponsoring the Unlock Blockchain conference in Dubai and visiting the Bitcoin Miami conference. Alex El-Nemer attended both and gave us this summary of his experience:
Dionna Bailey and I represented Nexus at the Unlock Blockchain conference in Dubai on the 14-15th January. The purpose of the visit was to promote Nexus getting on Dubai’s largest exchange, RightBTC. During the trip, there were a lot of people very interested in Nexus and what we are aiming to achieve. We made some great connections and may open up avenues in the Middle East going forward such as a PR Agency and several media outlets. The trip was overall a huge success and we were highlighted as one of the most forward thinking projects. We hope to build on our connections and community in Dubai in the future.
Many of the Nexus team went to the North American Bitcoin Conference in Miami. This event hosted some of the biggest names in Crypto and more than 3500 attendees. It was a great opportunity for the team to develop relationships with those well connected within the community and show a presence at the event. Colin Cantrell attended an invitation only dinner hosted by Matt Roszak, Co-Founder and Chairman of Bloq. Kierre Reeg was interviewed by several media outlets and a lead was made to open up media and translating assistance in South Korea.
Look for Nexus at the Upcoming Blockchain Expo Global 2018 in London April 18-19.
Nexus attended the Phoenix Innovation fair that took place at Westworld in late January, presented by Kadima Ventures. Colin Cantrell gave two speeches at the event on The Future of Blockchain and Quantum Security. The Nexus team also had the opportunity to meet and speak with Sophia of Hanson Robotics, founding partner of SingularityNET. The event was very inspiring for the team who were able to experience a great deal of new innovation in technology, connect with other innovators across varying industries, and to catch up with SigularityNET in person following the recent partnership. Nexus looks forward to continuously participating in such cutting edge events around the globe.
Some members of the Nexus core team meet Sophia at the Innovation Fair, 2018!
Tools We Love
In January we kicked off the new ‘Tools We Love’ section of the newsletter, which features favorite tools from our Community. They are tools that help our people run their lives pristinely, from investment trackers, to ways to organize and get inspired.
We loved hearing your suggestions last month. Please continue to give us your feedback on your favorite tools for crypto, blockchain and those that simply make your life more amazing. Please send your favorite tools and feedback on the ones listed to firstname.lastname@example.org.
Disclaimer: These are products recommended by the Nexus Community at Large. The Nexus Embassy will never give investment advice.
‘The Monetary System Visually Explained’ is a YouTube video that walks viewers through how our monetary system works, from banks on lending to the federal reserve. Many consider this a “much watch” both when getting into crypto, and as support for an improved system.
The Nexus Orbital Scan is a tool that conveys statistics on the nexus blockchain and mining chanel; it shows Nexus at work! On the scan, one can see everything from the difficulty and reserves of the Prime and Hash, Block Rewards as well as who the largest current holders of Nexus are.
The US National Debt Clock tracks the US National Debt as well as all the debt of all countries around the world. The tracker also includes information about the US Federal Budget Debt, Personal Debt versus Mortgage Debt and US total interest paid.
Community Thank You’s:
We want to give an extra big Thank You to everyone in the community who did an outstanding job in helping to build the new Nexus website, from writing great content to building out the site so that it runs smoothly. The website remains a work in progress and we will continue to update and grow the site to meet what is needed – all with the help of our Community. Thank you to everyone for your contributions (listed by Slack names):
Website Build Pod: Scottsimon36, Blockhead2 and Yamman
Thanks to everyone for your enthusiastic support of the Nexus project as we move forward in educating the world about our intentions and innovative technology. Please continue to share the new website, www.nexusearth.com, with anyone looking to learn more about Nexus, and we’ll see you in Slack!
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
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.
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’sPrinciples:
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!
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!
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.
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!
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.
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!
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:
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 .
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.
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.
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.
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 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
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