Nexus is a universal blockchain to support decentralization, innovative applications and responsible values. The market cap is $21,593,068 and the 24h volume is $118,084.
- What is Nexus?
Nexus is a peer-to-peer network, cryptocurrency, and contract technology, providing open source technology to support public DApps. Nexus was launched in 2014 and was built by a small group of innovative software architects, and is operated by a global decentralized community.
The seven-layered software stack inspired by the internet OSI model powers a register-based virtual machine that can process from 5k to 45k contracts per second. It is designed to be scalable, decentralized, and easy-to-use. In later stages sharding will be implemented that allows the network to grow relative to its node-count.
Developers use standardized APIs to build contracts that facilitate the management of ownership rights and decentralized exchange of assets and tokens.
Nexus has released some exciting developments recently, including a way to access the Nexus Wallet via a decentralized login protocol. It uses a Username, Password and PIN system, which facilitates easy widespread adoption of Cryptocurrency. The technology removes the burden of key management when using DApps, which often require third-party plugins.
- How was Nexus launched?
Nexus was built from the ground up, and mined into existence, like Bitcoin. The annual growth rate of the supply of Nexus is modeled on the growth of the total world supply of Gold, an asset favored in times of crisis as a hedge against the inflation of Fiat.
- Who is the team behind Nexus?
Nexus is developed and maintained by:
- Colin Cantrell, a software architect, engineer, musician and composer
- Paul Screen, a software engineer with 20 years of industry experience
- Scott Simon with a long history as a systems developer, working on projects for over 30 companies
- Kendal Cormany, a programmer and game developer
- Hoang Phu Quy, a FPT University graduated software developer
And many more community members helping with small and big things.