The NIX ecosystem is moving to Ethereum to bootstrap better connectivity and access to new markets while using some cutting-edge technology to drive adoption.

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Roundup

The last article briefed on the forthcoming changes to the ecosystem which include the token swap to ERC20, supply burn from the dev fund, coin emission ending (meaning once the old chain has retired, the circulating supply will equal the total supply), masternodes and privacy tech moving to a validator-governed sidechain, as well as a premium rebrand for the entire ecosystem (including new ticker names/logos for NIX and NBT).

This week we’ve had some extremely fruitful meetings with a number of major potential partners to aid in building out the infrastructure for what is an ambitious and ground-breaking new offering to the Ethereum/DeFi space. We’re now close to pinpointing the exact technology stack that will be used in this new ecosystem and we’re excited to be looking closely at bringing in ZK-Rollups & StarkWare’s Cairo to our sidechain, both of which we think have unrivalled potential. …


NIX is pleased to announce a collaboration with Ethworks, a blockchain development company and specialists in UX - and we’re looking for more people to join the team.

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Ethworks made their name working closely with established projects such as Polkadot, bitcoin.org, Maker and ethereum foundation and we are excited to team up with such a innovative agency. Ethworks are working on the design and front-end development of our rebranded website as well as the design & front-end of our related dApps.

The back-end is being handled entirely in-house but we are looking for some extra hands to help with dApp integration into our sidechain, allowing our products to ship out faster.

Are you a developer comfortable working on a cutting edge ZK-Rollup DEX?

We’re looking to speak with anyone that has relevant skills and experience that wants to be a part of a unique and innovative project, solving some of the major issues in the blockchain ecosystem, including privacy and scalability. A provable understanding of ZK-Rollup solutions and StarkWare products (namely Cairo) is an advantage and a passion for bleeding edge DeFi protocols is essential. …


NIX Platform began as a leading privacy currency in it’s own right - but it has always had a more important vision. An easy-to-use, best-in-class privacy option which can extend it’s features in an interoperable manner, allowing external tokens and blockchains to have access to those exact same privacy features.

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Huge progress has been made since its inception and the raison d’etre is about to be realized, but in that time, the crypto landscape has changed. Sectors such as DeFi are redefining the limits of what’s possible and as everyone’s favourite Bond villain (Jeff Bezos) once said —

“What’s dangerous is not to evolve”.


Prometheus, being NIX’s first major on-chain upgrade in relation to the NIX Bridge, is also the most substantial (and exciting!) upgrade yet. Expected to occur in less than two months, it will comprise the following features/events:

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NIX Chain Swap

As outlined in our previous medium posts, NIX will soon be migrating to a new chain via a process called a ‘chain swap’. This event allows for the refinement, optimization and shrinking of size of our previous chain and the adoption of a fresh one with minimal impact to end users. Those running a full chain (that is, users of the CLI, QT and UI wallets, excluding Flare Wallet) will be required to download the new wallet once available (then move their wallet.dat …


As part of the chain-swap process, users need to be aware that coins stored in the Ghost Vault won’t get carried over to the new chain because they’re not visible on the network.

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In our latest AMA and Development Update we announced that NIX will be performing a Chain Swap to transition its blockchain to a clean state; the sole purpose of this shift is to eradicate any legacy code and protocols that bog down our current chain.

Ghosted Coins

As NIX Ghost Vault allows for coin minting and concealing, users should be clear that these ‘ghosted’ assets won’t be visible in the snapshot used for the chain-swap. To avoid permanent losses, it is mandatory for users holding coins in the Ghost Vault to unghost their assets to NIX public chain before the chain-swap occurs, otherwise they will be burned. …


For more info: Discord AMA on Friday, Nov 6th — 12:00 PM CDT!

After the successful launch of both the NIX Bridge Token (NBT) and NBT Dock (+480% APY) the team is now focused on the development of the NIX Bridge and evolving the NIX ecosystem on which it’s being built.

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A NIX Bridge Dev Update will be shared periodically on our Medium page in order to keep you all informed on the progress that is being made. A lot of exciting things are coming up — it isn’t easy to express the gravity of them in an article since they are part of the much larger development of something that has genuinely never been done before. …


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NIX Platform recently launched NBT, a governance token that is the backbone of the NIX Bridge DAO and a key factor in the creation of the NIX Bridge ecosystem, the latter being a mechanism that will connect to Ethereum and other tokenized chains in order to provide privacy to Decentralized Finance applications.

Considering how quick we are moving towards the delivery of NIX interoperable privacy mechanism, the recent launch of NBT and its staking system (NBT Dock), and the importance of such event in the future of NIX Bridge, we have decided to host an AMA session in our Discord Channel on November 6th, 12:00 pm CDT (noon), where community members will be able to get their questions answered in a detailed manner by the team. …


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RULES

All winners are requested to private message NIX Platform twitter account indicating their NBT address for the team to verify that they have met the giveaway rules:

  1. RT announcement and tag two friends.
  2. Like and RT giveaway tweet.
  3. Have 24 NBT from the presale.

Once the requirements have been verified the NBT funds will be distributed to the address provided.

- If you did not get your NBT from the presale period then you have failed to comply with the 3rd rule, therefore you will not be receiving the prize. …


We thank everyone for your support during our successful token sale and prompt launch of the NIX Bridge Token on Uniswap. Over 955 ETH was raised, of which 1/3rd has been permanently locked as liquidity via Unicrypt.

NBT Dock — Staking System / Liquidity Farming

The NBT Dock is a staking mechanism for incentivizing participants of the ecosystem who provide liquidity on Uniswap V2. The NBT Dock distributes NBT tokens from the Liquidity Incentive Fund to stakers (also known as liquidity farmers) in a structured manner — those committing to a larger time frame for liquidity provision receive a greater share of the NBT pool.

Once locked in, NBT Dock participants then receive their NBT from the incentive pool over a period of time, which unlocks NBT on the predetermined schedule. …


We are ready for our new token sale after a lot of community support and feedback. As you are aware we cancelled our last token sale and refunded all the participants. Now we will launch a new token sale via our website, which includes the following improvements:

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No Softcap, 1500 ETH Hardcap

After prolonged discussion we have decided on the best way to proceed with the project, which includes a revised token sale structure. We’re removing the soft cap and putting in a hard cap of 1500 ETH (technically raised deposits will be less than this, taking into account the bonus incentives). …

About

NIX Platform

Total Privacy For All. https://nixplatform.io

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