NEXUS (NXS): The Most Secure Cryptocurrency in the World! @socky

in bitcoin •  7 years ago 

NEXUS is the currency that solves issues that plague cryptocurrency now and in the future
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What Does NEXUS and Rocket Science Have in Common?
Colin Cantrell (Creator of NEXUS) plans to put satellites in space to decentralize both the internet and NEXUS coin.
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Governments can spy, limit access, and control content through ground communication networks. Satellites free us from that limitation. Jim Cantrell, (Colin's father) is building a production facility literally in my back yard for his new company "Vector Space Systems". Just a few miles from my house, utilities are being put into the ground where the new production facility and headquarters are soon to be built.
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There are top aerospace experts that have been hand selected to work for Jim Cantrell at Vector. I have worked with several of those aerospace leaders over the years. One of those folks was my direct boss. I personally know that these aerospace leaders are the best in the business! I know five of these top aerospace leaders including Jim’s wife who I worked in the same department in a missile defense program. This is going to be huge!!! Anything that the Cantrells touch turns into a money maker. Jim Cantrell cofounded SpaceX with Elon Musk, so I'm sure putting microsatellites into space using small scale rockets would be no challenge for Jim. They plan start building and launching 100 rockets a year and scale up to 400 per year. That is more than 1 per day!

NEXUS is the Greatest Innovation to Cryptocurrency.
Colin Cantrell has been researching cryptocurrency design for years and has developed this new coin to fix the problems that plague cryptocurrency today. “With the world's first 3D Chain NEXUS solves the current challenges of speed and scalability in the cryptocurrency industry.”

What is 3D Chain?
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It is 3 different mining channels that complement each other. Two channels are proof of work and one channel is proof of stake. The 3D chain enforces security because each of the channels helps secure the other two. Some are saying that NEXUS is the most secure cryptocurrency in the world.
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What About Scalability?
If you don’t already know, scalability has been a problem with bitcoin and many others. There are other bitcoin copycats that will inevitably see the same fate as bitcoin as more people adopt the currency. They are just going to get too big and too bogged down. The only way to speed them up is to increase fees or loosen security. Colin has studied other cryptocurrency codes to understand their flaws, and developed the NEXUS code from the ground-up to retain scalability. With bitcoin, attempts to fix scalability are put in after there is an issue. NEXUS scalability is designed into the code.

What About Quantum Computing?
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Colin has designed NEXUS to deal with quantum computing attacks and the NEXUS team is taking a proactive stance to prevent quantum computing from affecting NEXUS in a negative way. Quantum computing is a fundamental problem that many cryptocurrencies will face and will not be able to survive. Some cryptocurrencies have completely ignored quantum computing while others have taken a wait and see approach. NEXUS developers understand that quantum computing will inevitably exist in our future and implementing methods to prevent problems.

Article on Threat From Quantum Computing:
https://www.technologyreview.com/s/609408/quantum-computers-pose-imminent-threat-to-bitcoin-security

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Features?
There are many other incredible features and some new ones to come. One feature I am looking forward to is sync-less wallets. This would be a massive improvement. Another future feature is two-way signatures. Imagine entering the wrong address and sending funds. This would cause you to accidently lose currency. With two-way signatures, the address is verified before funds are sent. They are also implementing reversible transactions. Within a certain amount of time, a transaction can be reversed by sending a void transaction to the network. Also, there will be the ability to reject transactions. Imagine someone trying to send you tiny fractions of a coin just to send you a message and they do this repeatedly (spamming). What about someone who you don’t want to do business with. You will have the ability to reject these payments. There are other features that are coming such as HTML wallets and trust networks.

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NXS Markets?
• Bittrex
• Cryptopia
• Coinspot
• Stocks.Exchange
• Upbit
• RightBTC

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I encourage you to check out NEXUS website and learn about all the innovations and news. NEXUS wallet download is available on this website, and there is a tutorial on how to set up the wallet on the Help link. There are also tutorials on how to mine NEXUS http://www.nexusearth.com

Twitter feed:
https://twitter.com/nxsearth

Don't forget to follow @socky

Please remember to VOTE and RESTEEM

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I wonder if this new technology could be implemented to reduce data usage costs for cell phones.

There seems to be plans to do that as well. I think it will take some cell phone evolution to communicate directly to Colin's satellites. Not really difficult to do for Apple or Samsung. Can you imagine what would happen if Apple and/or Samsung were to partner with NEXUS to free cell phone reliance on local towers?

I am in Los Angeles, and I know that Space X with Elon Musk and Richard Branson are trying quickly to establish a satellite grid. I recently posted a video here of one of the satellites gaining orbit. I do know that Google, Amazon and Apple are also in the foot race to grid the Atmosphere with Satellites to help establish the first IP for 3D grid space of world locations, geometrics and lots of other tailored data beyond R & D for humankind, moreover for an interest in economic stimulation through devices...
It will be interesting to see if Nexus can get to that food bowl first, and after reviewing your pitch here I will definitely research you guys more and invest some into your ICO. I am a believer in what you are doing...

Great post. and grateful to stumble upon this. Thanks
@theUXyeti

The Space Race
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Vector Space Systems has their competitors, but no one is doing it as affordably as Vector. It costs about $1.5 million per launch using a 2 stage rocket. The first stage is a reusable rocket. For larger payloads it is just over $2M with a 3 stage rocket. At that cost, Vector is getting orders without ever marketing for the business. This is because there are massive amounts of satellites that have been sitting around for years that can't catch a ride to orbit. Vector is tapping into a market that is waiting for a launch company to start making rockets mainly because that there are just not enough rockets to support. NEXUS is essentially guaranteed to get into space. Colin (creator of NEXUS) is related to Jim (founder of Vector and Colin's father). They have two companies that are prime to be successful and give each other business and have a blood connection.

Sounds incredible. I was a machinist and early UI designer for a rocket thruster in the early 2000's for Northrup Grumman as a contractor while working on the Hubble to stay in orbit for a launch led by and supervised by Story Musgrave. That said I found a great UI that relates to our conversation thats really rewarding and a great data visualization tool to help you with NEXUS and Jim/Colin.

Check out the link Orbital Objects UI Data Visualization Tool

I think this will be valuable in teaching the community as well. Thanks

@theUXyeti

Thanks for the information, need to explore the potential of the NEXUS . Thank you @socky and RESTEEM

I'm excited about NEXUS and glad to share the info I have. Thanks for the resteem @serkagan

I've been meaning to buy some for awhile! Thanks for the reminder!

the future of cryptocurrency is Nexus...
hopefully can be received in the crypto market and increasingly make Nexus triumphant like any other cryptocurrency. @socky

Thank you for sharing, I learned a lot about this crypto currency

RESTEEM

wooow this is a great project indeed.
I can see that lots of big investors in the world will like the idea.
this technology could make lots of millionaires in the near future and could bring something new to the world indeed.
Cheeeeers

Much obliged for the data, need to investigate the capability of the NEXUS . Much obliged to you @socky and

with satelite and good to listen about aerospoace

whats an amazing plan to display it and without question if we read your post then I say this will be the best and world more extra wander in light of the way that thier thought with satelite and incredible to tune in about aerospoace and the best individual are working there ...thanx @socky to give this more educational post believe we will get more data

A very sophisticated program, the modern technology that continues to evolve

two way signatures/reversible transactions are needed if we want faster adoption of cryptocurrency,

the average joe does not want to accidentally lose funds because of a type and could be scared away because of that responsibility, 2 way signatures solves that !

it is unbeliveable post that you are sharing... i take some information from your post... thanks for your mindbloing post... i waiting for your next post....

Thank you for the info, good to know that cryptocurrency as well.

wow.....great...Lot of thanks for Sharing this informative and valuable post....best of luck brother....

whats a great plan to introduce it and sure if we read your post then i say this will be the best and world more save investment because thier idea with satelite and good to listen about aerospoace and the best person are working there ...thanx @socky to give this more informative post hope we will get more knowledge like this next

Thanks for valuable post.

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Wow it was a very nice and descriptive article.
Particularly, I liked the "asynchronous wallet" too. It will be officially a revolutionary feature. My admiration for the Nexus team is very successful
@socky

I am really excited about the wallet too. That would be an amazing evolution.

yes man nexus is a good project and more attractive coin now and i like its total supply which shows its price will be more high and will compitator eth ltc bch ...but your informations are new for me and now i am big fan of nexus and talk on 3d chain is also good and gain me knowledge and hope will be helpfull for me

wow its too cool to listen about this and and also i am amaized and excited to hear that you worked for them over year with best aerospaces and also his wife is a good aerospaces and worked thier with team
good sharing sir and i really dont know about scapability before read it,,,its more new thing for me to know about this problem and nexus save from this good..hope i will invest in nexus when i will possible for it

Great post man love to read about investment in a crypto and get together all info like this, learn about all the theme and all that but this one is certainly interesting, but hard to understand, blockchain in space just wow. Thank for share the info @socky helpful as always