Introducing the Nexus Tritium Wallet (Beta)
Public beta testing is now open through October 27th, 2018.
Earn from 0.5% to 3% annual interest by staking your NXS and running your wallet to secure the network.
Manage your addresses with easy labeling, use the address book to send to your contacts by name, and import/export contacts with CSV.
FAQ & Support
Nexus Tritium Wallet (Front-End)
What are the minimum system requirements to run the Nexus Tritium Wallet (Beta)?
- Mac OS X Yosemite 10.10 or later
- Windows 7 or later
- Linux 64 Bit
- 2GB of RAM (4GB RAM recommended)
- 6GB of disc space
How do I encrypt my wallet?
- The first time you launch the wallet, a pop-up will prompt you to encrypt your wallet. If you choose to encrypt at a later date, click on the Settings module, then under the Security Tab you will see the form for encrypting your wallet.
Can I recover my passphrase?
- No, your passphrase is not recoverable as it gives you access to the private keys in the wallet. Make sure to write down your passphrase in a safe place and keep it secure off your computer. You can change your passphrase under Settings - Security Tab. Make sure to make multiple backups of your passphrase. DO NOT FORGET OR LOSE YOUR PASSPHRASE.
How do I backup my wallet?
- Click on Settings and then go to the Application Tab (or File > Backup Wallet) and click Backup Wallet. This will copy your wallet.dat file that holds your private keys and will be automatically saved with the date and time in the NexusBackups folder created in your home directory. It is recommended to also save the wallet.dat file on a device off of your computer, creating a backup by copying the file onto a flash drive. Make sure to have multiple backups of your wallet.dat file. DO NOT LOSE OR DELETE YOUR WALLET.DAT FILE
Can you send multiple transactions?
- Yes. In the Send module, there is an option to queue your transactions and send them all at once. You only have to pay one transaction fee when you use the queue feature for multiple payments. The wallet automatically validates whether you have enough funds to cover the entire queue.
Can I request NXS from another user?
- Not yet, this feature is in development
What makes the modular design so special that it could change other crypto wallets and software industry?
- The modularity of this wallet allows developers the opportunity to create individual modules to add the functionality they desire in the interface. This program is decoupled so it can be used in an open-source fashion as a new boiler plate for desktop applications and it has cross platform compatibility right out of the box. Upgrades to the back-end architecture will also be easily integrated into the application layers.
What can developers do with the Console?
- They can send raw rpc commands to the daemon. This is very useful for debugging your wallet and will be used to develop more functionality as developers extrapolate new modules from the available data on our blockchain:
- help [command]
- gettransaction <txid>
- getmoneysupply <timestamp>
- signmessage <Nexusaddress> <message>
- addmultisigaddress <nrequired> <'["key","key"]'> [account]
- dumpprivkey <NexusAddress>
- importprivkey <PrivateKey> [label]
Staking with Tritium Trust (Back-End)
Is there a minimum amount of NXS required to stake?
- You can stake with any amount of NXS. There is no minimum required.
- You are guaranteed to receive at least the starting 0.5% interest rate for any balance amount.
- If you have a higher balance, you will receive Trust transactions more frequently, and have a higher likelihood of growing trust and interest rate to higher levels.
What is the hardware requirement?
- You can stake NXS on any system supported by the latest Nexus wallet version. Currently, that includes computers running 64-bit versions of Windows, MacOS, or Linux.
- Devices such as mobile phones or Raspberry Pi are not yet supported.
- Staking does not require a high powered machine. Many use older laptops or mini-systems like the Intel NUC.
What is Interest Rate?
- This value represents the current annual % staking reward that could be earned by keeping the wallet running and staking 24x7.
- It is not a true interest rate (hence, why it is sometimes referred to as minting rate). Your balance is not earning interest. Instead, the wallet is generating rewards for operating a node and helping secure the network. The rate value is used to calculate the size of these rewards based on rate and time whenever it successfully generates a staking transaction.
- As your level of trust increases, so does the interest rate.
- Interest rate starts at 0.5% and increases to 3.0% over 364 days of successful staking (1 year). Increase is non-linear, and is faster at the beginning. If your trust never decays, it takes about 22 days to reach 1% interest rate, 60 days to reach 1.5%, and 120 days to reach 2%.
What is Trust Weight?
- For new wallets staking Genesis, Trust Weight is based on coin age with a maximum of 11%.
- After Genesis, Trust Weight is calculated from the level of trust you have accrued. It is displayed as a percentage of the maximum possible trust weight.
- Near the beginning, this value will be much lower than with the original stake minter, and it requires more time investment to build up to maximum.
- The time investment needed to build trust increases network security.
- Trust must accrue for 84 days of successful staking to reach 50% Trust Weight.
What is Block Weight?
- Block weight is basically a timer. Your wallet must generate a transaction before it reaches 100% for Trust Weight and interest rate to keep increasing.
- It takes 3 days to reach 100%.
- If your Block Weight reaches 100%, it will stay at 100% and both your Trust Weight and interest rate will begin to decay.
What is Stake Weight?
- Stake Weight is a derivative value calculated from Trust Weight and Block Weight. It indicates their combined impact on chances to generate a staking transaction.
- The value will change as Trust Weight and Block Weight change.
- It is for display only as a metric, and is not directly used. Trust Weight and Block Weight values are used.
What is Genesis?
- Genesis is the process by which a wallet creates a trust key to use for staking.
- This is the first step for staking a new wallet.
- When it creates a new trust key, the Genesis transaction will transfer your wallet balance to that key for staking. This has no impact on your wallet balance.
- After the trust key is created, the wallet will no longer stake Genesis, and will instead stake Trust transactions. It only performs the Genesis process once.
- Balance must have a minimum coin age of 3 days (72 hours) before the wallet will begin attempting to create a Genesis transaction.
What happens when my Block Weight reaches 100%?
- Trust Weight and interest rate will begin to decay.
- Without a transaction they will eventually decay back to the start.
- Generating a new Trust transaction resets Block Weight (ie, starts a new timer) and trust/interest continue increasing from their current values.
- Trust decays from the point of the most recent staking transaction at a 3:1 rate to which it was gained. New keys decay immediately. Established keys holds onto trust much longer. For example, a 3-month key takes a full month to decay completely.
- Establishing a new trust key is a process. It is not immediate, by design. The network does not give away trust for free. You may see staking values decay back to the start a number of times before it manages to generate transactions frequently enough to keep going.
- If it decays back to the start, the wallet will display minimal Trust Weight of 1.11% with interest rate 0.5% and Block Weight 100% until it generates a transaction. This is normal. It is not stuck.
I have not received a Trust transaction in a few days, is that normal?
- It is not at all unusual to go a number of days without a Trust transaction. You will get them less frequently than with the original stake minter. They will also be larger, all else being equal, because the reward size is based on interest rate and not transaction frequency.
- Trust transactions are less frequent, on average, when Trust Weight is low.
What affects transaction frequency in staking?
- For new wallets staking Genesis, total balance and Trust Weight.
- For wallets after Genesis, total balance, Block Weight, and Trust Weight.