Topic: Nexus - Pure SHA3 + CPU/GPU + nPoS + 15 Active Innovations + More to Come - page 112. (Read 785532 times)

This is a brilliant point.

But how many alt coins were and are damn near funded 99 percent by the developers.  Dam near 0.  So it tells me funding may be there, but from more quiet sources, and or the developers are profitable people themselves and are reinvesting their profitability back into themselves because they trust their unique foresight/ intelligence/ and creativity.  Truly brilliant minds I believe know how to stay profitable and reinvest their talents into future profitable projects.

But again, your point is brilliant. Glad you pointed it to future discussion.

any time yall will be on poloneix?

thanks

Added our Team Nexus Address

Every single person in the NXS community should take this very seriously, and speak up.  Yes, even you.

I am a completely objective voice.  I have zero affiliation with NXS development team.  I have 20 years of experience in the stock market however, and know why and how winners and losers emerge. 

Everyone on this board is ‘lean and hungry’.  Developers as well as NXS enthusiasts like me and you.  Smart and damn near broke leads to innovation.  Smart and completely broke leads to cutting corners, talent poaching, and collapse.  The development team has given fair warning that they are somewhere in between the two.  Yes, I understand, likely no one reading this has extra money.  So let us re-examine the problem and challenge the status quo:

Can we vote to increase the developer commission percentage, right now?  If not, exactly how long COULD YOU PERSONALLY work nearly for free, even on a project you deeply believed in?  How much of your personal grocery money would you invest in servers, if you were Colin, if you were already working and innovating for nearly nothing?  If you think 2.5% is excessive, you can always jump over to LBRY or another cryptocurrency which was literally 99% developer/insider controlled from day 1, and they are still performed a $500K funding raise on September 8th.  There should be performance bonuses as well every time NXS hits $5M, $10M, $15M etc. in market cap.  Colin, what % do you need?  Please give us a frank discussion of a sustainable compensation plan and let’s put it to a vote.

If you think a primary developer deserves no salary, and working for nothing a measure of dedication, just wait until Ethereum or another well funded product offers to pay Colin to leave Nexus and save their inferior blockchains on a day when his rent is due and his girlfriend asks him why he is turning down steak for a PB&J?  He has NEVER asked for money, but how exactly do you expect him to cover his rent while he works for you?  Developer poaching by a well-funded crypto is the 51% attack that NXS enthusiasts like you and I should be concerned with, while Colin is busy defending your hopes and dreams from quantum computer attacks. 

Exactly what value do miners provide Nexus functionality and stability?  Please forgive my lack of understanding on this topic.  Is their compensation proportional to the irreplaceable value they provide?  Will their value change when Nexus is satellite based?  How does their compensation/irreplaceability ratio compare to Colin?

There were several hundred search engines in 1996, and Google was nobody special.  You will be amazed how many cryptos will evaporate in the next 10 due to problems Nexus has already solved.   

Don’t starve Usain Bolt, my dear friends in the Nexus community.  Compensate Colin fairly and free him to innovate. 

just a matter of time. looking far ahead of $1. if vector started tagging us in their twitter posts that would be stupid amount of coverage. we dont want to hype tho but getting confirmation from vector that this is happening a few times would surely secure this coin in top 5. we know it is, as vector is viz/coin devs ceo/dad but new people will be thinking its hype like other coins. we need to feed the lazys that dont want to research.

"This thing"  ...  Bitcoin 2009-2012.

Think tomorrow is the 1$ date... positive!

Is this thing ever going to $1?

Alright I will do more investigating, thanks for your help.

Yes but a valid block can still be found even if the target in the miner is to low, all that happens is the miner submits it to the wallet and the wallet either rejects/accepts it based on if it meets the diff requirement. Essentially this has no effect on the actual rate of blocks the miner will find however it has a more concerning side effect with the new nexus wallet, which can lead to the wallet banning the miners ip for spamming below target blocks.

Edit: Think of it like a pool miner, its submitting shares to the wallet, when in reality they will not be accepted unless they are above current diff.

Yes I am using the wolf gpu miner.

I get something like this

[08:53:54] Thread 1: Signaled to reload work.
[08:53:54] nSize: 123.
[08:53:54] Target: 0x000000006B7DBE00


However I don't think it will ever find a block this way since the target seems incorrect, seems very small.

It seems to only effectively mine 50% of the time, whenever the target is this low it will never find an actual block that gets accepted.

Are you using the wolf gpu miner, it is a known bug the miner submits many blocks to the wallet below target which are frequently rejected tho it does not seem to decrease the effective rate of actual blocks it finds that are of sufficient difficulty. The blocks do not need to get be submitted from alternating channels.

When I am solomining with the GPU sometimes the difficulty target is very low and I keep submitting blocks that keep getting rejected. Sometimes the difficulty target  is something such as 0x00000000BE8A00 which is very low and I keep submitting shares which get rejected. When the difficulty target is 0x0000000000BE8A00 then its correct and when I found a block its submitted and accepted. Anyone know why that happens?

Is it because the GPU miners find a block, and then all blocks get rejected until the CPU miners find a block, and vice versa?

good buy support on here. expect some serious movement soon 

Only a small volume - c'mon !
https://www.bittrex.com/Market/Index?MarketName=BTC-NIRO

Since Nexus is self-funded by the Development Team, we have set up a BTC account to pay for items like servers for the Network and website, ticker change at Bittrex, website maintenance, bounties for needed tasks, marketing materials, etc.  If you would like to contribute to help the Nexus Team pay for some of these and other expenses our BTC address is 1My2GsdknNxs2x8BLPfzAQUQ1oGVouBi6Y.  Our NXS Address is 2Qpe2rDTMUKBq4evL9im61SBj3dAJ4H3u1SiVjYbSdwYPJy5NSP.  Every little bit helps.  We thank you for your continued support.

The Nexus Team

Check out this Vector rocket test, limited time to watch/download via link until Nov 11th. http://linkis.com/review.bellmedia.ca/GLLgv

Bittrex should be updating Nexus ticker from NIRO to NXS sometime soon.  We've confirmed this with Bill, Richie, Ryan.  No ETA.  Nexus team will announce when the ticker change is finalized.

Its cool Keith, thanks for sharing 

I shared this comment across a few of our mediums. It is by far the best explanation on this whole thread. Thank you for making it. Hope you dont mind I made a few minor corrections as there are 2 mining channels and one POS channel...

Thanks.  We were aware when it happened.  We requested they change the link for Cryptopia and they also went ahead and updated the Bittrex link without Bittrex making the ticker change.