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PRESS RELEASE. On December 21, 2020 the Nexus Protocol White Paper was published. The new Internet is powered by a blockchain-based operating system (LX-OS) and a communication protocol (Nexus Protocol), which are connected via a distributed, satellite-based mesh network. The whitepaper contains technical specifications and mathematical models that demonstrate and substantiate the feasibility, value proposition and practicality of this novel architectural framework.
Web 3.0 or Decentralized Web (DWeb) was coined as the next evolution of the Internet with the promise of emancipating digital communications by reducing users’ reliance on a few select companies and technologies, ultimately reducing the dominance of conglomerates. The Nexus protocol goes one step further and decentralizes and democratizes the hardware and software of the network infrastructure. A network of token microsatellites, ground stations and phased array antennas forms the backbone of the infrastructure, which is an alternative to centralized Internet Service Providers (ISPs).
Tokenized microsatellite constellations offer individuals the opportunity to own some of the physical infrastructure of the internet, build justice, and participate in decentralized governance. Microsatellites are operated in many LEO (Low Earth Orbit) constellations to ensure low latency and open access to the Nexus protocol worldwide. The whitepaper indicates that future documentation will contain additional specifications, including the minimum number of satellites required to form an initial network and constellation simulations. An additional satellite value proposition is the inclusion of the upcoming Nexus LLD file system, which will allow individuals to negotiate corporate hosting contracts and generate a direct return on investment (ROI) from the available flash storage. Below is a summary of the design:
- Each constellation is represented by a unique set of fungible tokens created on Nexus.
- Ownership and optional voting rights are maintained by the equity represented by these tokens.
- The income generated from the constellation is automatically distributed to the owners through token rewards.
- Companies that use satellites receive direct economic benefits, similar to how mining creates incentives to build a blockchain.
- Microsatellites will provide reputation-based network services to complement the routing system between ground stations and their aggregated clients.
Ground stations operate in a cell-like topology that does most of the heavy network processing and provides localized content, edge computing, and routing services. While phased array antennas are used to maintain connection with the microsatellites in LEO. This type of antenna is electrically controlled and can achieve high gains and mobility. It was therefore selected for permanent bidirectional communication between the satellites and the ground stations. In terms of end-user access, two standards are currently being considered: local WiFi hotspots and cellular LTE technology.
The ground infrastructure will provide content delivery services for local networks and give the ground station operators the opportunity to achieve a ROI. Operators can offer geospatial cache services to provide a range of speeds for content delivery to their local customers.
Frequency allocation is critical to ensuring that the Nexus Protocol achieves the goal of a free and open protocol that is not restricted or owned by any single party. To achieve this, the 5.8 GHz ISM (Industrial, Scientific and Medical) band is used, for which no license is required or whose antenna gain is limited. The white paper also includes a mathematical proof modeling link viability within the constraints of the selected ISM band.
LX-OSA Nexus Operating System (OS) is currently being developed, specifically designed for the Nexus protocol, to improve hardware abstractions and security requirements, and to reduce the overall risk to embedded devices, microsatellites and consumer hardware. These levels of security are enforced by using the Nexus blockchain for user authentication and information verification. The LX-OS will initially be marketed for microsatellites and IoT devices, as each is known to have vulnerabilities. These industries can benefit greatly from the advanced protection and dynamic management capabilities.
The infrastructure components are elegantly interwoven with an economic model that is supposed to promote the numerous sources of income in order to ultimately enable mankind to have free access to Internet services worldwide while at the same time creating universal economic opportunities. This is reinforced by mathematical models that resist monopoly by demonetizing predatory behavior, thus increasing the incentives for cooperatives.
A new internet
The Nexus protocol is integrated into the TAO framework, a seven-tier software stack that enables the simplified implementation of smart contracts, DApps, Tokens, and Assets (NFTs) through a range of Application Programming Interfaces (APIs).
In order to keep the whitepaper as an open specification, it was timestamped in accordance with the actual open source crypto values and recorded on the Nexus blockchain under the asset name US: NP-WP. It is publicly available through the Nexus API.
Nexus.io is a community project with a shared vision of a world inspired by innovation and responsible values, expansive technology and the fundamental quality of connection, to be ubiquitous, free and available to everyone.
Media contact: [email protected]
This is a press release. Readers should conduct their own due diligence before taking any action related to the advertised company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or allegedly caused by or in connection with the use of, or reliance on, any content, goods or services mentioned in the press release.
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