Post
Topic
Board Announcements (Altcoins)
Re: Nexus [NXS] - The TAO Framework Tritium, Amine, and Obsidian
by
edwin7779
on 15/02/2020, 04:23:02 UTC
This is what is coming for nexus for the one who is interested:
Tritium++
Mobile Wallet — Our official mobile wallet will be developed using most of the software that runs the desktop wallet, with changes to the interface to be more mobile friendly, and daemon packages that incrementally will be improved over time to enable more contract functionality and staking. The Mobile Wallet will still have the modular design of the Nexus Wallet, so that developers can extend it with their DApps by simply deploying new modules to the Wallet.

The DAO — The Decentralized Autonomous Organization will create an on-chain governance system to regulate funding proposals through a democratic vote. This technology is necessary for a stronger community, consensus-oriented budget allocation, and improvements to the overall governance of the network. This initial DAO deployment will contain three groups: Trust, Ambassador, and Developer. Voting will be ongoing and based on Weight and Trust for the overall voting power. Voting is zero-sum, meaning that you have to choose what portions of your voting power goes to which proposal. This way, your voting power is spread across all proposals, creating higher levels of decentralization and discernment in the voting process.

Pooled Staking — As more people continue to join the staking process, the network becomes more secure through the increase in the Trust channel difficulty. Though this provides benefits to the network as a whole, it constantly drives up the required amount of coins to maintain a Trust key. Pooled Staking solves this by giving smaller balances the ability to collaborate with peers, ultimately resulting in increased staking access to the regular user, and higher network security. This approach does not require a central service, since it will work as a sub network inside Nexus, that itself comes to consensus on the Trust keys to be included. This is a pure, decentralized, staking protocol that will benefit the entire network as a whole.

Object Modelling — Object Modeling is a new feature that will extend the API layer allowing developers to model their Object Registers in languages such as XML (EXtensible Markup Language). This will also contain modeling languages that will make it possible for advanced developers to work with lower level object operations. These could include using specific data types and specifiers, developing more complex object behavior through Augmented Contracts, or creating extra conditions that regulate the object’s overall behavior.

Augmented Contracts
— Augmented Contracts are the second type of contracts that will be available in the Tritium Protocol. These types of contracts extend the Conditional VM (Virtual Machine that processes Conditional Statements) to provide additional benefits including, but not limited to, methods, functions, operation overloading, and encapsulation. Augmented contracts add a layer of complexity and processing, so will carry a higher fee to execute. This will require more on-chain processing, but overall makes our Contract Engine much more powerful.

Protected Assets — Protected Assets are a type of asset with the addition that a ‘Master’ owner retains the right to revoke access to the asset. This essentially allows the asset creator to have permanent access to an asset, which is necessary for securities, collateralized loans (DeFi), non-transferable assets (Tickets, Educational/Professional Awards and Certificates, Certificates of Insurance, Licenses etc.). They are also useful for protecting the asset from being transferred to unqualified parties, or in other words, parties that do not fulfill the requirements set out by asset creator.

The DEX — The Decentralized Exchange will sit mainly in the Logical / Interface layers, with the exchange itself being facilitated by a conditional contract on the Operations layer. The DEX will be able to be used to trade tokens and assets listed on Nexus, promoting the development of decentralized marketplaces where any type of asset can be traded in a truly free, peer to peer manner without a need for a custodian service. There is no authority that designates the process of listing, and there are no other parties involved in the exchange other than the buyer and the seller.

Hybrid Mode — An important feature, hybrid mode is capable of forming an individual network out of the box, making it a highly useful tool for businesses that wish to utilize our blockchain technology, while retaining high levels of privacy.