Nexus - Pure SHA3 + CPU/GPU + nPoS + 15 Active Innovations + More to Come - page 226.

cestballot

sr. member

Activity: 318

Merit: 250

Nexus pool : http://nexusniropool.cestballot.fr/

Quote from: mumus on June 24, 2015, 06:55:46 AM

Quote from: cestballot on June 24, 2015, 03:30:49 AM

After 8h testing, all looks GOOD !

I make stress test, no crash.

All looks stable and ready for launch.

I'll make more test tonight

We are Nexus

I'm testing the new wallet as well.

Try sending some coins from one of your testnet wallet to another one and see if you encounter any problems.

My testnet addr : ~~4j9GruAqRfYg6xuBWTWKZkBG322MqSVfW5xcLSCNjHW1rczMFoU~~ deleted wallet

New testnet addr : 4jaR7CNiCssrdEyxwZnWqxhfkTjuV2QpLnLcjJ5nFo6MEJDrEdD

edit :
Status: 0/unconfirmed
Date: 14/06/2015 10:21
From: unknown
To: 4j9GruAqRfYg6xuBWTWKZkBG322MqSVfW5xcLSCNjHW1rczMFoU (yours)
Credit: 100.00 Niro
Net amount: +100.00 Niro
Transaction ID: e6463b7d5df02da2c28a47918ed4f00261d34d9ddb5f11cd4f434fe871ba8c7353f659ed8017f78 99c101b3d0a63714a840ac7c7ec82e2646c5cfa97029fb2e9

mumus

sr. member

Activity: 291

Merit: 250

Quote from: cestballot on June 24, 2015, 03:30:49 AM

After 8h testing, all looks GOOD !

I make stress test, no crash.

All looks stable and ready for launch.

I'll make more test tonight

We are Nexus

I'm testing the new wallet as well.

Try sending some coins from one of your testnet wallet to another one and see if you encounter any problems.

cestballot

sr. member

Activity: 318

Merit: 250

Nexus pool : http://nexusniropool.cestballot.fr/

After 8h testing, all looks GOOD !

I make stress test, no crash.

All looks stable and ready for launch.

I'll make more test tonight

We are Nexus

Videlicet

legendary

Activity: 868

Merit: 1058

Creator of Nexus http://nexus.io

Nexus 2.0: Introducing Nexus Proof of Stake
Nexus 2.0 is done, the only thing left we have to do is run a testnet for a few days to a week to ensure that everything remains stable. Once this testnet is complete, I will release a main net binary with a time lock activation for the nPoS channel and other time-dependent updates.

This release contains fully functional nPoS: Following will briefly describe nPoS

A] Coinstake Transaction Marked with Fibonacci Byte Series

B] Coinstake Transaction cannot be produced independent of a block. This prevents the common issue in Proof of Stake with network forking and syncing issues related to Staking, as in with Nexus, Stake blocks will always be produced on the main chain.

C] Interest Rate Calculations using ln(x) function for Variable Interest:

This shows that our variable interest payments are modeled from this function, and capped at 3% maximum after 1 year, while following this interest rate curve:

As I'm sure you'll notice 3.14 x 10^7, this is ~ the number of seconds in one year [Using the 13:20 Time Frequency], in which the interest rate will be 0.03 or 3%.

D] Interest Calculations beyond our lovely Variable ln function are calculated per input, not combined together in the total age as in other Proof of Stake implementations. This means that the interest calculations are precise, not estimated fractional numbers that maintain the illusion of being precise. This is to reflect the precision that was constructed in the Reserve system and the decay equations that have kept the minting of the currency exactly on track since launch.

E] Block Hash Calculated by nNonce with Energy Efficiency Threshold Described by this equation:

This allows staking to find a hash that satisfies your current weight, and prevents anyone from having more computing power from having any advantage as if you try to search to quickly, your blocks will be rejected for not satisfying the energy efficiency threshold.

F] Weight is calculated into your target and determined by this Equation:

G] Goodbye Stake Modifier. This was in previous versions of Proof of Stake due to its aid in security dealing with the "loose" coinstake transaction that is produced independent of blocks by finding a "kernel" that creates a secondary hash to meet the stake difficulty requirements. Stake searching was done by searching back in time from coinstake/block timestamp to find a "hash" that meets difficulty.

H] Nexus 2.0 introduces with Nexus Proof of Stake a seamless integration with normal block header, without the need for indexing the Proof of Stake blocks and hashes into CBlockIndex. This overcomes the need for stake modifiers as Unified Time prevents blocks from being produced in the future, and Decentralized Checkpoints will not allow a block to be created not descendant of last checkpoint, so the extra computational overhead associated with these "random" security measure have been overcome by properly integrating proof of stake structures into the block, rather than as only a loose transaction to be included in a block.

I] Total Coins Staking doesn't just influence how easy it is to find a Proof of Stake hash, it also determines how low your energy threshold is. This means that if you have more Niro up to the "MAX_STAKE_AMOUNT", you can search with up to 4 nNonce / Second which allows energy efficiency, and also regulation in the block production. The Required Energy Threshold is modeled from this Equation:

Nexus Proof of Stake is 100% unique and new, as I coded it all from scratch due to the fact that I couldn't in good conscience release a Proof of Stake system that exhibited as many flaws as the current implementations use. This means that there is no Peercoin, Novacoin, or Blackcoin staking code. This provides a much more secure, energy efficient staking system that will eventually allow mobile phones [Running Lite Nodes] to produce their own stake blocks, or as the transaction type is determined in Nexus Proof of Stake, Interest Payments.

Following will list additional features in Nexus 2.0 on top of Nexus Proof of Stake:
A] Transactions Require 3 Confirmations.

B] RPC commands available "dumprichlist", "getaddressbalance", "getglobaltransaction"

C] Fast Sync Enhanced [to be even faster]

D] Block Signature using Signature Hash generated from extra fields in block header to seal all block data into the block and signature.

E] Addresses are displayed for Mined and Interest Transactions rather than previously displayed (n/a).

If you would like to help on this testnet which would require you to run the binaries, mine a bit, get some Stake Blocks, and report to me any crashes / connection issues, or anything you find wrong [which means debug.log files everyone ] please send me a PM and I will provide you with a link.

To Everyone Else, Thank You for your Patience I'm glad that everyone has allowed me enough time to build this correctly. I hope that when I release the Source Code in the proper time, that other people can contribute to this new Proof of Stake technology, and use it to help enhance the industry as a whole.

Thank You,
Viz.

Edit: It has been suggested to reflect this technology with a better name. So far suggested Enhanced Proof of Stake [ePoS], or Advanced Proof of Stake [aPoS]. Any other suggestions?

Update: I have gone with Nexus Proof of Stake for the name of our staking system, or as an acronym: nPoS This has been updated in this post to reflect the name change

Razerglass

legendary

Activity: 1036

Merit: 1000

https://bmy.guide

yawn testnet coins arent real coins, it isnt that exciting

cestballot

sr. member

Activity: 318

Merit: 250

Nexus pool : http://nexusniropool.cestballot.fr/

Quote from: Namsbreh on June 23, 2015, 06:05:30 PM

How come Cest get all the fun. Where are our testnet binaries?

I'm just testing problably the final release, ready for public beta testing.

Viz will give you more informations about this.

IRC private message from Videlicet : Perfect

If all continues to go well I can release the testnet and make announcement on thread to get more users on testnet, then release full main net binary by end of week

We are Nexus

Namsbreh

sr. member

Activity: 318

Merit: 250

How come Cest get all the fun. Where are our testnet binaries?

borris123

hero member

Activity: 728

Merit: 500

Quote from: cestballot on June 23, 2015, 12:14:07 PM

Quote from: ?? on ??

Quote from: 0x6A on June 11, 2015, 03:04:23 PM

still cannot sync(( 1 connected node. used VPN to change different countries - doesn't work Cry

I will upload the synced chain a little bit later , mate. Don't wary - will help...

Nexus chain synced by go6ooo1212 :
http://www.cestballot.fr/downn/nexus/Nexus20150612.zip

I'll update this when POS Beta testing will finish

When will it be finished? Looking forward to staking

cestballot

sr. member

Activity: 318

Merit: 250

Nexus pool : http://nexusniropool.cestballot.fr/

Quote from: ?? on ??

Quote from: 0x6A on June 11, 2015, 03:04:23 PM

still cannot sync(( 1 connected node. used VPN to change different countries - doesn't work Cry

I will upload the synced chain a little bit later , mate. Don't wary - will help...

Nexus chain synced by go6ooo1212 :
http://www.cestballot.fr/downn/nexus/Nexus20150612.zip

I'll update this when POS Beta testing will finish

toilet

full member

Activity: 122

Merit: 100

still hodling since jan2015

ffman

newbie

Activity: 14

Merit: 0

POS need to be online?

starblocks

hero member

Activity: 1344

Merit: 502

Quote from: CryptoHobo on June 23, 2015, 04:32:33 AM

glad to see csd or now nexus still in active development Cool

ha and the guys in the trollbox at bleutrade told me i should dump a few months ago those fools Grin

Well there's not much that's going to happen with this coin in the second half of this year except company incorporation and completion of another whole development phase and some serious marketing etc etc

cestballot

sr. member

Activity: 318

Merit: 250

Nexus pool : http://nexusniropool.cestballot.fr/

Quote from: ?? on ??

Is there a block explorer available?

Sent funds from the 0.1.0.2 wallet to Bittrex. 5 of 6 confirmations shown in the wallet but Bittrex says no pending deposits :/

http://nexusniro.com/

click explorer

CryptoHobo

legendary

Activity: 1050

Merit: 1000

glad to see csd or now nexus still in active development Cool

ha and the guys in the trollbox at bleutrade told me i should dump a few months ago those fools Grin

cestballot

sr. member

Activity: 318

Merit: 250

Nexus pool : http://nexusniropool.cestballot.fr/

Quote from: KryptoKash on June 21, 2015, 07:07:42 PM

, good things are coming, Nexus will rise!!!!!!!!!

POS private final test START now

starblocks

hero member

Activity: 1344

Merit: 502

Quote from: Videlicet on June 17, 2015, 07:40:40 PM

No, expect a test net staking beta in next few days as long as my tests continue smoothly. A lot of development time especially in new technology is dedicated towards testing / developing the ideas, I have only given the update that the "typing the code / developing ideas" aspect is complete, now it is ensuring everything works as it should. The second phase of testing will be public testing which I am working towards getting complete by the end of this week.

Thank You,
Viz.

Happy to help out with testing once this is ready

cestballot

sr. member

Activity: 318

Merit: 250

Nexus pool : http://nexusniropool.cestballot.fr/

Quote from: KryptoKash on June 21, 2015, 07:07:42 PM

, good things are coming, Nexus will rise!!!!!!!!!

https://twitter.com/NexusNiro/status/612774763384061952

We are Nexus

KryptoKash

sr. member

Activity: 518

Merit: 275

If you fail...just dont fail again

, good things are coming, Nexus will rise!!!!!!!!!

cestballot

sr. member

Activity: 318

Merit: 250

Nexus pool : http://nexusniropool.cestballot.fr/

Quote from: Whitesox on June 18, 2015, 01:08:13 PM

Hello!

Is pool down again?? Sorry to bother... Cannot buy so only way to get coins is to mine them

TIA

pool status can be found here :
http://nexusniropool.cestballot.fr/

some time I have to reboot the pool when we have more than 3000+ connections, Viz work on new pool server ready for 10000+

Quote from: Videlicet on June 16, 2015, 03:26:31 PM

I'll make some optimizations to the pool server to reduce the computational overhead.
That should make your pool be able to handle 10k + connections at once, right now share submission is the bottleneck.

Thank You,
Viz.

we are Nexus

Whitesox

member

Activity: 124

Merit: 10

Hello!

Is pool down again?? Sorry to bother... Cannot buy so only way to get coins is to mine them

TIA

Sorry, seems to be up again... muy apologies

Topic: Nexus - Pure SHA3 + CPU/GPU + nPoS + 15 Active Innovations + More to Come - page 226. (Read 785531 times)