project update

Take a Look at the First Prototype for Nexusless Edge Node Client

In parallel to the back-end development, we’re now also starting to experiment with the front-end, i.e. the part of the system that directly interacts with the users. And while it is largely work in progress, we’ve decided to share the current state on our official website so that you might follow its evolution as we add and refine details:

It is worth noting that there are going to be two separate interfaces in Nexusless: one for the content originators and another for the participants of the network who earn money as edge nodes delivering the content. The current reveal only concerns the edge node client, which is expected to be much more widely used compared with the originator client.

The edge node client will be installable on personal computers (Windows, Mac) and mobile devices (iOS and Android); it primary purpose is to serve as a dashboard and personal wallet. The left section of the application is a menu (on mobile devices it is triggered by clicking on the hamburger icon next to the logo) containing links to the various sections.

We will post new information and explanations as the prototype gets updated, here are some comments on the “Resource Settings” section:

Since content storage and delivery requires computing and network resources, it is of outmost importance to ensure that every edge node user is able to adjust the resource consumption of their node, corresponding with their personal preferences. The Resource Settings section allows manually setting specific limits for each of the resources consumed by an active edge node, such as bandwidth, storage, memory, or battery usage (for mobile devices and laptops).

The data traffic cap is especially important for metered connections such as mobile data plans, and will directly affect the edge node earnings, thus the prominent position of this setting. It is defined in Megabytes per day and can be adjusted in the multiples of ten – the user can click on the plus and minus buttons to set the desired value.

Battery use, RAM allocation and storage limits can also be set in this section in order to provide more granular control over the parameters of the edge node. Note that each setting has a default value that has been set to ensure reasonable resource consumption by non-customized default node. The battery and memory limits are set in percentage points and both have a maximum value of 50% to protect the device from excess strain.

For an in-depth discussion of the resource consumption issue and its implications, please see the part 4.3 of our technical whitepaper.

We are happy to receive comments, feedback, and critique on the prototype, your wishes and feature requests will be added to our backlog.

More details about the edge node client as well as reveal the content originator client are planned for the upcoming weeks, stay tuned via our Telegram group, Facebook page or Twitter feed!

Posted by admin in News, Prototype, 0 comments

Nexusless Token Pre-Sale Coming March 29th, Whitelisting Open

We’re thrilled to announce the date of the limited pre-sale for the NXLS tokens! The token generation event will serve as the next step in the evolution of the Nexusless project – building the first peer-to-peer content delivery network where anyone can get paid for pledging the unused capacity of their computers and smartphones to deliver websites, video, and other web data to end users. Read on for detailed information on the token sale:

Pre-Sale Details

The capped pre-sale opens at 12:00 GMT on the 29th of March. Each participant will receive a bonus of 30% with respect to the base price, which means 1 ETH will buy 650 NXLS instead of the base price of 500; minimum participation threshold is 1 ETH. Anyone willing to take part in the pre-sale will need to complete the whitelisting form before sending the contributions – this is needed to ensure that the KYC (Know Your Client) standards are being observed; please see next section for more details.

Whitelisting Now Open

Starting from the 23rd of March, 2018 everyone interested in participating in the pre-sale will be able to provide the necessary information for entering the crowdsale whitelist. The main purpose of this procedure is to ensure that Nexusless token sale adheres to the existing legal requirements with respect to the origin of funds.

Join the whitelist

In order to minimize your whitelisting time, please make sure all information is correct and the photos of documents are clear and well-lit. Please allow 1-2 business days for verification, our team will be in touch with each participant to provide precise information on how to buy NXLS tokens during the pre-sale. Any incoming transactions from non-whitelisted wallets will be automatically rejected and refunded.

In case of difficulties or questions regarding the whitelisting process don’t hesitate to contact us using the contact form.

General Token Information

The NXLS token is an integral part of the Nexusless content delivery network, serving as the medium of exchange on the platform. Content originators will be able to reward participating edge nodes with NXLS tokens, convertible to ETH and other currencies on exchange platforms and connected wallets.

Token Distribution

The total supply of all minted NXLS tokens will amount to 14,187,500, of which 80% will be offered in the crowdsale, with the remaining pool split evenly between the team/supporter fund and the marketing reserve.

The former will be used to provide long-term incentives for the people making Nexusless happen, as well as our advisors and partners. The marketing reserve will be used for incentivizing the early adopters in order to scale the network after launch.

Company Information

The Nexusless legal entity is registered in the European Union (Riga, Latvia) and conforms to all norms and regulations of the EU. We have received official opinions from the local State Tax Authority and Financial and Capital Market Commission as to the legal compliance of the project, and are cooperating with the Investment and Development Agency of Latvia with respect to improving the blockchain ecosystem in the country.

Connect and Stay Informed

To get the latest news and updates on the Nexusless token sale, join our official Telegram channel or follow our Facebook page, we’ll be happy to see you in our community.

Posted by admin in News, 0 comments

Version 2 of the Nexusless Technical Whitepaper Now Available Online

We’re happy to announce the second iteration of the main feasibility whitepaper for the Nexusless network. The new version expands on the previously under-discussed topics of capabilities, requirements and risks for a peer-to-peer distributed CDN (content delivery network) as well as incorporates valuable comments, ideas and criticism from our advisers and peers.

The most notable changes and additions to the new version of the Nexusless technical whitepaper are listed below:

  • Added an overview of key existing concepts and technologies (creating a new section, 1.2); this is still an ongoing process, we’ll be adding to this section in the future.
  • Revised the network design illustrations (figures 1 and 2 in sections 2.2 and 2.3, respectively). These became quite a bit simpler to convey the idea more clearly.
  • Updated the primary network protocol sketch in section 2.5. Earlier reviewers have pointed out certain inconsistencies in the way it is organized, so those needed to be corrected.
  • Mathematically formalized the definition of network consensus in section 3.2; this will help better understand the required risk mitigation mechanisms for the Nexusless blockchain.
  • Expanded the discussion about service prices/costs and resource consumption by the Nexusless peer-to-peer network (new section 4.3).
  • Updated and expanded the list of topics for further research (included in section 5.2); again, this one will keep growing as the current research progresses.
  • Added more references to certain previously unsupported claims throughout the paper. A big thanks to all reviewers for pointing out the places where more substance was needed.
  • Completely reworked the abstract for better readability and clarity. We’ve moved most of the “lyrical” bits into the one-pager and focused on the technical information here.

The latest edition of the paper is available on our How It Works page as a downloadable .pdf document. We are always eager to hear your thoughts regarding the concepts we are working on – join our official Telegram channel or simply drop us a line if you have something to say.

Posted by admin in News, Research, 2 comments