Review on Nexus by Mr Benji

Name: Nexus
Item: Nexus
Rating: 4

June 24, 2019

Very , very ambicious

- In the top 100 wallets are holding  49,976,454.70 NXS tokens. Which is a lot since the circulating supply is: 63,402,845 NXS. This indicates that whales are heavily invested into Nexus and the price manipulation can be big. In the current volume, one of the wallets can dump the price to 0, on the other hand, it may be a good sign that whales are cumulating such a big amount of NXS. 
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- This project was created in 2014! The first bitcoin talk post was posted there as well. Nexus is listed on Binance which very low volume as for Binance. 
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- Nexus is aiming to create decentralized crypto for payment. There is no max supply set. Which will allow people to use it as payment and not holding it since the supply is limited. Nexus wants to give free and decentralized internet to all people. They wanted to do it by using thousands of satellites which will weight around 5kg and be as big a bottle. They want to shoot approx 2000 of them into space + every of this satellite will be a node securing the Nexus network. Which means it would be the safest crypto in the world.  
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- It's a very ambitious project to have decentralized internet without censorship that we are experiencing as we speak. Mainly in China, North Korea, etc... 
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- it's a 3rd generation crypto because it's not based on bitcoin code they wrote their code from the beginning. They are using the 1024bit hash to compare bitcoin is using a 256bit hash. Which means Nexus is more secure thanks to they have a longer code. According to creators it's resistant to quantum computers. People are expecting that in the next 10 years we will have quantum computers. 
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