the correct question to ask is how long will the price stay below 10k
When all that is planned for Nexus gets to happen 10k will be dirt cheap price and a fun thing to remember, when Bitcoin started price was 0.07 cents, nobody gave a fuck and this dude who bought the pizza for 10000 BTC kinda thing happened, if you guys wants to know what's really going on Nexus join the Slack group, we have as well the Youtube channel Nexusoft where there is the first google hangout and future videos will be uploaded, check it out guys tons of info there ; )
Just a tease of what's planned
-Lighter blocksize: all the cryptos are going up in blocksize, Nexus will make them smaller and block propagation more efficient, less blockchain bloating.
-Free transactions: this is gonna shock market sphere as no other crypto has accomplished this before, Bitcoins transactions are cheap but there are places in the world where even the fee is too much to pay for some
people, free transactions will allow everyone to be able to use crypto, no matter where you are, or how much money you have.
-Reversible transactions: after the fuckups done in Bitcoin and ethereum ( massive fees or mistakes made when paying) reversible transactions will come very handy to handle this scenarios.
-Real Quantum Resistant Hashing Algorithm: right now Nexus has one of the stongest hashing algorithms to protect the blockchain but in 5-10 years at the rate this guys are improving the quantum computers for sure they'll be able to break sha-skein-x11 etc with ease, all this are elliptic curve cryptography algorithms which are used by almost all cryptos in 2016, just imagine the hysteria and chaos when people realize that Bitcoin and alts can be easily cracked... Nexus will go beyond ECC by implementing Calculus Space Cryptography which doesn't even exist yet perse, so again, first crypto implementing such an algorithm.
- 100.000 Transactions per second: to achieve this Bitcoin if successful will rely on the lighting network, those transactions will be out of the blockchain which will make them very insecure, Nexus will achieve this level of transactions by implementing Merkle tree and multi-thread tech to the current blockchain structure, and voila finally a crypto that can handle real world volume transactions without relying on external off chain mechanism.
This are just a few of the things are coming, go to the slack and get so you guys can read and get informed, still blows my mind how this project still so cheap and Dogecoin with its massive inflation has such a high marketcap,
Good points! Also there is real chance Colin's father (https://twitter.com/vectorspacesys) with launch rocket with Nexus node on CubeSat... that will be in main news worldwide.
http://www.businessinsider.com/new-company-wants-to-change-the-way-we-think-about-spaceflight-2016-6
!!!
yep, thanks conqueror forgot about that one, Nexus will be the first crypto with Space based Nodes, fuck having a bunker for the blockchain we are going to space!, ok back to 2016 gonna buy some dogecoin now
But I am sure Niro will not be stepping into hundreds sat again , because all communities are very solid and after halving the BTC completed Niro will be to the top