It’s not often that I get approached by someone to write an article about a service that doesn’t exist yet. It’s even less often that they have a whitepaper available, documenting said service. It’s actually the first time EVER I was so impressed with a 16-page whitepaper.
But I won’t wet your appetite any longer, because we really need to talk about … The Nexus Protocol , and why it it will be the future of all things Bitcoin and altcoin. Are you ready?
The Nexus Protocol is a list of services, supporting both Bitcoin and altcoins, in an effort to bring them into a trading environment. Basically, the people will have a far easier time getting into Cryptocurrencies like Bitcoin, and altcoins, by means of purchasing and exchanging. Please note that all legal measures, including tax regulation, will be taken to allow such transactions.
Furthermore, this would allow the altcoins to grow in value, as legitimate business can be set up by any and all users, while still retaining anonimity. This will inevitably lead to more rapid development in both the Bitcoin and altcoin scene.
But that’s only the beginning of what The Nexus Protocol will offer. We haven’t even gotten to the good stuff yet.
Wouldn’t we all like a completely peer-to-peer decentralized auction marketplace? Buying and selling with any and all Cryptocurrencies, whilst also have an Escrow system in place to ensure safety of both buyer and seller?
Not to mention, a very low and modest fee of ONE percent, for the lifetime of the service? And what about the fact that it will be available on all operating systems : Windows, Macintosh and Linux? No more leaving people out because their operating system is not (fully) supported. The Nexus Protocol will put an end to this situation.
Or maybe you aren’t really into marketplaces, but you have, or are planning to start, a website? The Nexus Protcol will provide users with peer-to-peer decentralized webhosting! This does not mean any and all content will be allowed, as each application will be reviewed thoroughly to avoid illegal content.
But it’s not just webhosting you’re getting. It also includes one-click IRC server creation with SSL security protocols, multiple proxies to nullify DDoS attacks as there is no central host, no storage limits, and last but not least, continual uptime because of easier and better load balancing.
In case you aren’t excited yet, there will also be a little feature called “The Online Alternative Coin Wallet”, making it impossible for altcoins to get hacked. Protected with a SHA-256 algorithm for your login, a hashed password and triple tier security, you will also have the ability to create and print paper wallets. All transactions fees are fixed at 1%, which is more than fair.
The Neus Protocol will also offer a public ledger on all Bitcoin and altcoin transactions, comparable to how Blockchain.info works.
Integration-wise, it’s looking absolutely amazing : any internet-connected device will be able to use the online wallet, including mobile devices, and all levels of payments will be accessible with QR codes.
If you thought that was all, you are painfully mistaken, as I have saved the best for last. You won’t want to miss this, trust me!
The Nexus Payment Protocol will allow users to accept altcoin payments on their website, through code integration. Taxes and V.A.T. will be calculated and added automatically, depending on the buyer’s country of origin. Payment confirmations and receipts will be e-mailed to the buyers, with detailed statistics about the purchase they have made.
As you can see, The Nexus Protocol will be the future of all things Bitcoin and altcoin. This will bring a lot of new users to the world of Cryptocurrency, as well as create countless business opportunities for everyone involved.
Should you be interested in alpha – and beta-access to The Nexus Protocol, you can always become an investor. Besides early access, you will also get a voting right, to decide which currencies will be accepted by The Nexus Protocol, as well as reserve your username and first pick of vanity domains.
It wouldn’t be an investment without receiving something in return though. Weekly dividends will be paid out , generated by all services offered by The Nexus Protcol. However, you will also receive priority on any and all server and exchange services. Oh, and you’ll also get an automatic +v in the IRC channel, just as an added bonus.
To become an investor, you will have to purchase shares sold by The Nexus Protocol. These shares will be available on the CryptoStocks platform in the coming days. We will keep you updated on the website.
The core principles on which The Nexus Protocol is based, are security, availibilty and ease-of-use. As this is not the first project to claim such terms, it would be one of the very few projects to deliver on their promise. We are definitely excited !