Colin Cantrell, Creator of NXS – A New Cryptocurrency Seeking to Improve on Bitcoin’s Protocols

Colin Cantrell, Creator of NXS – A New Cryptocurrency Seeking to Improve on Bitcoin’s Protocols

Released Thursday, 25th May 2017
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Colin Cantrell, Creator of NXS – A New Cryptocurrency Seeking to Improve on Bitcoin’s Protocols

Colin Cantrell, Creator of NXS – A New Cryptocurrency Seeking to Improve on Bitcoin’s Protocols

Colin Cantrell, Creator of NXS – A New Cryptocurrency Seeking to Improve on Bitcoin’s Protocols

Colin Cantrell, Creator of NXS – A New Cryptocurrency Seeking to Improve on Bitcoin’s Protocols

Thursday, 25th May 2017
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Every coder has a signature: an individual way they code. When Colin Cantrell went to build his own alt coin cryptocurrency inspired by Satoshi Nakamoto, he went deep into Bitcoin’s code and learned exactly how it worked… and how to improve it. He was able to learn from Satoshi’s signature style, and incorporate the strength’s of Satoshi’s innovation into his new cryptocurrency: Nexus.

Nexus Coin improves on several areas of Bitcoin’s protocol, for instance: the socket-level backend, Colin says: “Bitcoin basically is a single thread handling all the data commissions… connections, disconnections, time-outs, accepts, new connections – are all on one thread. Yes, it works to a point, but it’s not balanced as well as it could be.” Cantrell goes further to explain why the Bitcoin network often moves slowly.

Colin also discusses the Bitcoin block size debate, and suggests several solutions. He’s a mad genius programmer, so whether you love Bitcoin or think other platforms and other blockchains are coming on strong, you’ll learn a lot from listening.

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