Nexus’s Amanda Marquis: Solving the Blockchain Trilemma

By April 8, 2021DApps
Click here to view original web page at finance.yahoo.com

Blockchain has been hounded by the Decentralization Trilemma. This is the idea that a blockchain can only have two of the three qualities: security, scalability, and decentralization. Nexus is creating a blockchain with all three.

BeInCrypto had the pleasure to talk to Amanda Marquis, the web developer at Nexus.

She has been a fan of Nexus for a few years and reached out to the ambassador team to see if they were looking for any new members. She was helping with the community Twitter account, but soon starting working on use-case dApps, the Nexus website. She is now learning the API. She was offered a developer contract at the start of 2021.

The beginnings of the still developing project date back to 2014. The native NXS token is trading at around $1.50, at the time of writing, but has increased almost 800% since the start of the year.

Marquis answered many of our questions about Nexus essentials, the problems it is trying to solve, the roadmap, innovative technology, interface development, the community, and even the NFT. Let’s dive in!

Solving the blockchain trilemma

BeInCrypto: What is Nexus? When was the genesis?

Amanda Marquis: Nexus is a community-driven project with the mission of connecting a decentralized world. We are working on technology that is designed to simplify lives, empower communities, and streamline business while embodying the founding principles of Satoshi Nakamoto, the creator of bitcoin (BTC).

Our first NXS block was mined on Sept. 23, 2014, without an ICO or pre-mine. The original Nexus code began as a bitcoin/peercoin fork, however, the entire codebase was rewritten and released with the Tritium Protocol on Nov 5 2019.

Nexus has now evolved into a revolutionary, register-based contract engine. The Tritium Protocol release was the first of three major upgrades for our TAO (Tritium, Amine, Obsidian) Framework.

BeInCrypto: Nexus is working on a 3-Dimensional Chain (3DC). What is it?

Amanda Marquis: The 3DC is designed to solve the Blockchain Trilemma — security, scalability, and decentralization. The Trilemma is the idea that a blockchain can only have two of the three listed qualities. And we do not think that should be the case!

Leave a Reply