Topic: [ANN] NIX - thread moved - page 35. (Read 50114 times)

Check this guys!

https://www.reddit.com/r/NixPlatform/comments/9da706/nix_upcoming_transition_to_proof_of_stake/?st=JLPLW9AY&sh=c7ee21ba

POS switch almost ready to go. Great!

Jump into conversation with dull losers and enjoy their responses, propagate the products of their work everywhere and u will find the hidden door to the secret society comprised of dedicated life-loving crypto idiots, their families and clans. Making acquaintance with these people will help u to refine ur communication skills and discover new opportunities in the financial world.

 with the PoS transition, NIX's inflation schedule will be changing drastically as well. Here are the ratios:
These numbers calculate to this block reward ratio:

**70% GN, 20% stakers, 10% dev fund.**

**Max supply will be reduced from 175m to 102.5m NIX**,
1.5% dynamic inflation per year goes to stakers(which will most likely be around **5% ROI with 30% of the network staked**), Ghostnode rewards get reduced to **47% of the CURRENT VALUE (17.92 to 8.442)** which accounts to around a **16% ROI at current node levels**. Development fund decreases to about **30% of the CURRENT VALUE (4.5 to 1.28)**. Inflation will be around **3.15m per year and will decrease every 4 years halving period**. 

An example on how this effects the NIX inflation, with the current inflation schedule, it would take us 4 years to reach 105m NIX, now in 4 years we will barely be breaking 50m NIX.

Please note that the reduction in ghostnode rewards and development fund rewards correspond to the reduction in fairness of inflation now that PoS will be active instead of a PoW inflation schedule. We have thought about this extensively and have decided that this inflation model is the best representation for long term sustainability. Thank you for all your continued support, we value NIX as an ecosystem built by this community and draw inspiration from everyone involved.

**An official blog post with exact yearly inflation and media announcements will be made shortly today.**

The price will start to get very interesting once people realise how much there is tied up in the ghost nodes and people staking too and holding long term.

There is not going to be anywhere near as much in circulation anymore. If you want those rewards from the dex manager and other Dapps you'll have to stump up a lot more than the price is now

Whit Nix switching to PoS the inflation reduction changes maximum supply to 102 million from 175 million!!

This is so great!! Genius!

I'm always happier to be part of the NIX project. Let's go NIX .. Thanks Team 👻

Proof of stake – Inflation schedule

Read more here:
https://nixplatform.io/announcements/inflation-schedule/

Team is on schedule considering that the PoS transition was not planned.

concept is good . Not so sure if this  team  can  achieve it  in reasonable time  thou . lots of time been waisted on switching , moving wallets and so on .

need to see the results

[/quote]
People are just starting to realize how valuable a GhostNode could actually be.
Word is getting out!
$.25 or lower $NIX is a thing of the past.
Hell, I'm not even sure we'll see $NIX go below $.35 again.

[/quote]


it could be worth  10 $  by tomorrow  . you can manipulate the price very easily with only one exchange and low volume  .

Team are very active in the promotion and project updates. The way they communicate with the people is also pretty awesome. The platform is interesting and competitive so team just need to fucos on the plan strength so they can highlights those strength so it make the business more impressive and different from others.

People are just starting to realize how valuable a GhostNode could actually be.
Word is getting out!
$.25 or lower $NIX is a thing of the past.
Hell, I'm not even sure we'll see $NIX go below $.35 again.

look at this numbers on IDAX . Some on  is buying Big time and thats just  in 1 hour  ..


17589.240 NIX
19261.945
211.089   
5212.421
11024.212
5729.420
18.713
1128.363
17525.210
2444.210
15292.420
3421.240
9342.420
12528.240
7583.230
4733.530
16592.430
9626.273
19252.546
100.000

Discord announcement: Big info on the new POS switch. This is gonna be a fun ride of NIX holders. The amount of NIX coming into existence each day will drop by ~80%. Yes you read that right, ~80%. Better snatch whatever cheap NIX you can now because after this switch which is very soon, NIX is gonna be very hard to accumulate especially in big amounts...

@everyone with the PoS transition, NIX's inflation schedule will be changing drastically as well. Here are the ratios:

These numbers calculate to this block reward ratio:

70% GN, 20% stakers, 10% dev fund.

Max supply will be reduced from 175m to 102.5m NIX,
1.5% dynamic inflation per year goes to stakers(which will most likely be around 5% ROI with 30% of the network staked), Ghostnode rewards get reduced to 47% of the CURRENT VALUE (17.92 to 8.442) which accounts to around a 16% ROI at current node levels. Development fund decreases to about 30% of the CURRENT VALUE (4.5 to 1.28). Inflation will be around 3.15m per year and will decrease every 4 years halving period.

An example on how this effects the NIX inflation, with the current inflation schedule, it would take us 4 years to reach 105m NIX, now in 4 years we will barely be breaking 50m NIX.

Please note that the reduction in ghostnode rewards and development fund rewards correspond to the reduction in fairness of inflation now that PoS will be active instead of a PoW inflation schedule. Thank you for all your continued support, we value NIX as an ecosystem built by this community and draw inspiration from everyone involved.

An official blog post with exact yearly inflation and media announcements will be made shortly today.

Great to see an initiative finally seeking to utilize cryptocurrencies as they should be used. Most cryptocurrencies are only used for speculative trading which has questioned its relevance as a medium of exchange. I'm glad to see this business is solving the problem.

its funny as F that you need an ID to buy NIX  Private coins .im on the flood laughing
and yes IDAx wants KYC .but its not very "GOOD " if u know what i mean . i think u can upload a photo of your dog or a cat and get verified .))))

 if  NIXs blockchain is hidden then i don't have a problem with privacy

Looks like a really interesting idea with difficult aims in my opinion. Hope you gonna hold your timlane and can release your Final version allready in Q4. Gonna follow up on your plans.

Agree. Coexistance is not only a must, it is also good.  The size of this industry is just a tiny fraction of what it will be in the future. The tokenization of the financial markets will just leave current trading volumes as ants in a world of dinosaurs. Imagine that the real state is tokenized, how much money is in trading fees all that volume a day? NIX is perfectly plazed to capitalize the growth of this markets that for whatever reason want to remain private

Hello, can someone tell me if i need kyc on IDAX ??

Where can i get NIX without kyc??

Nanex has no volume,don´t know if it will work buying some with waithing some days....

NIX aims to make everything private but to get some you need to upload your ID and maybe more to an exchange...funny, isn´t it