One of the most ambitous projects to look forward on 2017 will be Nexus Earth, a system that aims to decentralize just about everything, including the internet, and which claims that time (not money) is the most important asset in the process of decentralization.
Decentralize the decentralization
Initially, bitcoin and many other cryptocurrency focus has been decentralization. But these systems are known to have been centralized at some point as well - from Proof of Work mining, where individuals or organizations with high purchasing power are able to nearly monopolize the mining environment, to the well known "Whales", which can dictate the flow on the economy of a cryptocurrency value.
Nexus seeks to overcome this by distributing its network through three security channels: CPU mining, GPU mining and Proof of Stake. This way, all three layers are needed to reach consensus, thus preventing any particular layer (e.g. PoW mining) to become too powerful, achieving balance and reaching a total decentralization.
A secure and scalable platform
Nexus developer team (which can be found here) aims to create the most secure and scalable cryptocurreny and blockchain network, through the use of Quantum Computer Resistant Private Keys with 571-bit encryption (much more secure than Bitcoin), as well as with the development of a totally new data structure designed to adapt the network on the ever growing number of transactions.
Nexus team also has plans to launch satellites and use them to distribute its digital currency. This is huge, since this could mean the begining of the long-awaited total decentralization and transparency on transactions worldwide by means of a revolutionary monetary system.
Things are looking good for Nexus on the upcoming years. The project so far has shown to be solid and stable, so it might be and excellent time to become a NXS holder.
Article Source: http://www.nexusearth.com/
All credits goes to the Nexus dev team.
