A while back I wrote about Nexus as being the most secure cryptocurrency in the world.
Lately, the 51% attack (double spend attack) is really proving to be a common issue. In recent months, Bitcoin Gold, Zencash, Verge, and others have been hit by double spend attack. A double spend attack allows someone with a majority of the hash power to steal a bunch of currency by creating fraudulent blocks in the block chain. The attacker can make off with millions. This causes faith in the currency to be reduced and can have sever negative consequences.
What is the solution? What comes to mind is Nexus.
Nexus has been designed to be double spend attack proof. It also is designed to be quantum computing proof. The fact that double spend attacks are real and most currencies are vulnerable really drives the need for currencies like Nexus.
Another interesting fact about Nexus is the creator Colin Cantrell's family. Did you know Colin's father is a rocket scientist? In fact, Colin's Father Jim Cantrell was the co-founder of SpaceX. Jim is currently building a start up called Vector Space Systems in Tucson Arizona to deliver satellites into orbit. Word is that they already have 400 contracts.
Get this: Nexus Earth, the company that created Nexus Coin has partnered with Vector Space Systems to put Nexus nodes into space. This will eventually break the ties with ground based communication towers under government control.
Nexus has been listed on Bittrex for some time now and was just recently listed on Binance. Somehow, I have a feeling that Nexus is going to be huge in the future.
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Their cube satellites will still have to connect with towers on the ground but their goal towards a decentralized internet is very interesting.
Colin is obsessed with crypto and his father has the right connections to get talent or funding for their projects which is why I have always had love for NXS.
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True there would still need ground infrastructure. I’ve actually worked with Colin’s mother. I haven’t met Jim or Colin. Colin’s father has some serious connections.
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imagine trump starts the space force then john mcafee runs for president which then sets colin and his father up to piggy back on john mcafee's cryptoawareness campaign and the government money approved by trumps team for space related projects with military potential.... long shot but what a win that would be if nexus finds a way to take advantage somehow
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Haha hilarious
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Nice technology. This kind of thing is needed in todays world.
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Strong team as well.
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