Topic: Nexus - Pure SHA3 + CPU/GPU + nPoS + 15 Active Innovations + More to Come - page 210. (Read 785532 times)

fact 2
now we talk about reward.
reward in coins could be zero  to  whatever per blok.
Yes or no. ?

so what next. they have same purpose, they are 2 different ways to accomplish this purpose

I talking about facts.
From your post i understand we agree about fact 1.
Fact 1. / mining and POS is the same. purpose is generating NEW blok.

Im not Viz but yes you need mining through pos or traditional to move blocks. what is your question... if you lose connection for 2 days you will make up the stake you missed later. the point is to reward people for doing the work. whether it is stake or mine it is work that needs to be done.

please Viz, answer to me.
For Any crypto coins. ( including niro )
you must have blockchain, blok 0, blok 1, blok 2 etc.......
you must produce blok
you could produce blok
1. by mining
2. by pos
3. by mining and pos.
Answer to me . This is correct or  not.  With yes or No.

Proof of Stake
nPoS is designed as another measure to secure the network, on top of the 2 already existing mining channels which means 51% attack cost is spread across nPoS, Prime, and Hashing. This secures the network. It is not a fact for it to replace mining, it is a fact for it to secure the other two channels more then they were secured before. The mining for Nexus won't finish it's initial distribution for 10 years. I build nPoS from scratch due to many security flaws in PoS v1.0/2.0.

Community Input on nPoS
I'll probably increase trust key expiration to 1 week, so that there is more freedom for stakers to still build their interest rate, but also allow natural circumstances of life to not force its expiration. If you would like a different expiration time, do let me know. As I said, its up to the community what values we use for nPoS, so speak up to the trust key expiration time you would like, and I will be happy to implement it. The same could be said for Maximum Interest rate, I'll implement what we can agree on.

Reserves
Reserves on main site are 1 block back, reserves in wallet are the next block's reserve amounts so this is why these numbers could differ slightly.

Sk Miner
Yes miners crashing definitely has to be with the build, what versions of SKMiner have issues?

Promotion
As to promotion we are doing just that, first phase is getting our visuals up to par such as OP, site, and Wallets. I need to do a lot of work in the GUI since most of my time has been under the hood.

Purpose
The purpose of Niro is to solve major flaws in Bitcoin for both the benfit of Nexus and Bitcoin, creating a usable currency to be used for many years to come. This has been done with the 15 active features, and 3 features under development. This is what I've spent the last 1.5 years doing, and will continue to do so for years to come. The purpose and vision is outlined in more detail in the Nexus White Paper.

Nexus White Paper Abstract:
Abstract. Herein this paper lays the many concepts and components that are represented by Nexus. They were/are developed solely, for the use of citizens of the world to foster: Freedom, Innovation, and Self Sufficiency. It applies these concepts in the following regions of knowledge: Viz. Psychology, Philosophy, Computer Science, Mathematics, and Economics. Established companies Nexus Tech, Inc. and Nexus Union, Inc. together supplement The Nexus Economy extending the concepts outlined in this paper – establishing an economy that gives power to the people, the citizens: the working force that is the movement of a system. Together, with the proper procedure, we bring upon ourselves knowledge, growth, and wisdom demonstrated to elucidate the understanding of a greater profit within the perspectives and philosophies of Nexus: It is the Connection of Economies, Ideas, People, Computers, and Resources that will free mankind as the connection of matter and cells frees life into expanding consciousness.

Thank You,
Viz.

I had to resync the whole blockchain....very strange. 

I see the reserve amounts displayed in wallet differ from those on nexusniro.com?

Wow many coins except BTC . what are they ? i am Newbie and didn't know exist other coins . i'm confused with seeing this section .

I talking about facts.
Fact 1. / POS is replacement of mining. mining and pos is the same. purpose is generating NEW blok.

do you agree about that ?

Excessive pos reward only increases inflation which reduces value of the coin for all... the system is already designed to be fair for all by giving higher trust weight for longer time without trust block and other measures all of which are already outlined by viz in previous posts. While I agree increasing trust key expiration beyond 1 day seems a reasonable measure I cant help but feel you are just here to complain that you can't immediately profit from staking the coins u have purchased/mined etc. Also I can't help but notice your calculations are rather in accurate since you don't take into account the fact that the interest rate will increase from the .5% starting value. Further there are many ways you can perform staking that will use significantly less power than running a desktop pc a few have already been mentioned but there are more than haven't such as intel nuc or the raspberry pi with such devices power consumption could be considered almost non existent (~4-6w) add to that the fact you could be staking multiple different coins on such devices and it seems to make much more sense to use such a device for staking than a desktop pc.

npos is punishment not reward system.
reward system will be 3% interse, whatever.
and increase if you're staying for longer time to exemple 6%.
Also if we're talking for people to people, and main purpose for pos, secure the network, the must be LESS reward for BIGGER staking amount.

5 days later older version 100% uptime so it's gotta be an issue with new build of skminer right?

I would like to see it increased to 1 week because realistically there could be some cases where someone has either power or internet issues for more than 1 day resulting in loss of trust key.

I'm glad that i have some of your attention.
What is the POS and why is invented ?
POS is replacement of mining. mining and pos is the same. purpose is generating NEW blok.
Without new blok any crypto coins is DEAD.
I think we agree of this.

My point is that nPOS is dissuades, even more you punish people who don't pos 24 hour.
if my electric company make to lose electric in my house more then 24 hour, or my provider drop internet connections more than 24 hour.
If your intentions is people for people, this situations is usual for hundred millions people in world .
If storm coming and cut electrical wires, for 2 day, Your nPoS calculation and design punish people.
And please don't advise my to use VPS, because if you talk about freedom, i also talk about freedom and
instead of pay 60 $/ year for VPS, i decide to buy for that amount niro and another coins,
and when someone BUY coins, that also help coins, and help all coins holders.
That stimulate more people to get involved, because then coin is not worthless.

(sorry for my english, this is not my natural language, I use words from dictionary and sometimes maybe i use wrong words, but I think you understand essence)

Good start is to email debug log to viz, his email is a few pages back in posts, u could also try deleting addr.dat to see if that helps. Otherwise u may need to resync entire chain but perhaps someone else has a better idea than that?

My wallet stopped syncing overnight, I have 7 connections but nothing I do will allow it to start syncing again.  

Any suggestions?

ETA: Just noticed from nexusniro.com that the reserves have been drained overnight.........was 3000 odd last night, now down to 420!

Sure, all fine. I love the idea of Niro, you are very dedicated and seem (I have near to zero coding skills) to know what you are doing.

But, however, Niro is very dependent on your work. The thing with Vanilla is, that they are very active in communicating with the community, which of course is the advantage of managing the coin full-time.

And yes, it is not only about money, but people who tell me they don't care about the price (even long-term) are simply lying. That may be different for you, because it is your project, but for all the others here it is definitely an investment somehow.

So, what can the community do? If we want to spread the word, what do we want to spread?
What is the clear and simple idea of Niro, in short, understandable catch-phrases. I bought a few Niro (former CoinShield) quite a time ago, but it is not 100% clear to me, what the direction and the idea of the coin is. I understand the POS3 aka. nPos technology and that is superior to the existing solutions, however, the market didn't take notice till now, which is not because of the hype of other coins, but because only a few know about Niro and don't really know how it works (and what is the USP). There has to be a promoter or so. I read that TradesAce (quite well known altcoin/bitcoin and forex trader on twitter) did put out a few messages regarding Niro a while ago. Is someone in contact with him?
And again, this is not about creating a short-term pump. But Niro is still a "currency", and only makes sense if there is financial interest.

More nodes staking does help secure the nPoS channel yes, so thank you for helping

As to Trust Key expiration if you don't stake for 1 day your key will expire requiring you to get another genesis transaction and create a new trust key starting at 0.5% interest. Most likely going to increase the expiration time to 1 week or month, depending on what you guys would like so if you have suggestions to how long you would like the expiration time to be, let me know

Vanilla has had a lot of attention, but under false pretense such as: The Angel Investor was actually John Conner.
There are also some false claims such as their staking being more energy efficient, when it is an exact line for line clone of Peercoin, just rewritten in C++ 11.

Another thing for you VNL holders, don't trust Zero Time. I found some flaws in it that would allow successful double spends at zero confirmations without 51% of network power, I'm writing a report for a friend about it and other positives / negatives with its claims / actual results.

But on another note, I'd like to extend my appreciation to everyone for helping make Nexus what it is, don't forget: By the People, for the People. To me, Nexus isn't just about profit, it's about freeing ourselves from a system designed to keep us enslaved, the more everyone works together, the more chances we have at this Freedom.

Cooperation, not Competition
We Are Nexus

I hope KK will finish OP soon and clean Nexus Forum.

About GPU pool, I can give a new server for Viz GPU pool with more power if needed.

About VNL, I invested a lot of bitcoin on it and I win when Nexus market will be ready I'll invest more btc on Niro.

We are Nexus

I must have had a few unlucky days, mining is all good for me now.

I notice the reserves on GPU channel are increasing still, (I keep trying to drain them but can't no more!!)  What has changed?  Haven't seen the good old fractional reward for a while too!

Any idea of an ETA for GP pools?

What happens to the trust and interest if one was to go away for 2 weeks, switching everything off? 

Why is VNL going up all the time and NIRO going unnoticed?

Good work keep it up.