Difference between revisions of "NIX (NIX)"

Latest revision as of 13:20, 19 July 2022

Basics

According to CMC (10-2019):

"NIX Platform describes itself as a privacy currency and multi-layered interoperability platform that enables anonymity-focused decentralized applications (dApps) and smart contracts. It reportedly provides the option of adding a privacy layer to any blockchain. NIX is stake-able via LPoS(Leasing Proof of Stake) and supports Masternodes."

Zerocoin Protocol Vulnerability

Got a serious vulnerability back in 4-2019. It basically meant their protocol was broken and most projects utilizing Zerocoin stopped their private send functions afterwards. Projects affected were: ZCoin itself, PIVX, Veil, Gravity Coin, NavCoin (who was developing a Zerocoin variant called ZeroCT on their testnet) and NIX. On 19-4-2019 core developer Peter Shugalev found the root cause of the issue and confirmed that it was a failure in the cryptography of the Zerocoin protocol and that it affected all Zerocoin implementations. Forged coins were created, but not exceeding 1% of the circulating supply. The issue was not from a coding error, but from a cryptographic flaw in one of the proofs in the Zerocoin protocol that has existed since its inception.

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-I am beyond irate and on the verge of a mental breakdown, I have been on the dev build for about 1 month, upgraded 2/26, and everything was fine until today. Suddenly now I [[keep]] crashing every 5 to 10 minutes, and I have no idea why! I don't even have time to browse the settings before it crashes again, and I can't work like this! I had absolutely NO IDEA that dev channel was separated from the other 2, and I cannot, ABSOLUTELY 100% CAN N E V E R do a clean install of the OS. I CAN'T. I have all my company licenses to our cad programs on this pc, and if I clean reinstall, I LOSE them, and my company literally has to pay hundreds if not thousands of dollars for 6 new licenses for me. I don't understand why randomly my build is crashing, but if I had known, if A WARNING WAS INCLUDED, LITERALLY ANYWHERE IN THE DESCRIPTION OF THE DEV CHANNEL, THAT YOU COULDN'T JUST DOWNGRADE WITHOUT A CLEAN INSTALL, I N E V E R WOULD HAVE EVEN CONSIDERED IT! I am in an absolute panic and don't know what to do. I can't afford to reimburse my company for new licenses, and I can't afford to not be able to work. I'm gonna lose my job and my apartment if I can't find some way to save this PC. And I can't just "back up" 48 Terabytes of renders and drawings, I don't have even close to that amount of external storage. God... Is there nothing I can do? Am I just going to have to lose everything?
+{{Crypto_info_template|website = https://nixplatform.io/|launch = CMC Trading Launch: 29-7-2018}}
+== Basics ==
+* [https://coinmarketcap.com/currencies/nix/ According] to [[CMC]] (10-2019):
+''"NIX Platform describes itself as a privacy currency and multi-layered interoperability platform that enables anonymity-focused decentralized applications ([[dApps]]) and [[smart contracts]]. It reportedly provides the option of adding a privacy layer to any [[blockchain]]. NIX is [[stake]]-able via LPoS(Leasing Proof of Stake) and supports [[Masternode|Masternodes]]."''
+== Zerocoin Protocol Vulnerability ==
+* Got a serious [https://zcoin.io/further-disclosure-on-zerocoin-vulnerability/ vulnerability] back in 4-2019. It basically meant their protocol was broken and most projects utilizing Zerocoin stopped their private send functions afterwards. Projects affected were: [[ZCoin (XZC)|ZCoin]] itself, [[Pivx (PIVX)|PIVX]], [[Veil]], [[GravityCoin (GXX)|Gravity Coin]], [[NavCoin (NAV)|NavCoin]] (who was developing a Zerocoin variant called ZeroCT on their [[testnet]]) and NIX. On 19-4-2019 core developer [[Peter Shugalev]] found the root cause of the issue and confirmed that it was a failure in the cryptography of the Zerocoin protocol and that it affected all Zerocoin implementations. Forged coins were created, but not exceeding 1% of the circulating supply. The issue was not from a coding error, but from a cryptographic flaw in one of the proofs in the Zerocoin protocol that has existed since its inception.
+[[Category:Coins/Tokens]]