In the ever-evolving world of #blockchain technology, a new project emerged, poised to revolutionize the industry. The #Nexell-AI Network ($NXL) , a groundbreaking fork of the #Kaspa #blockchain, was introduced as the fastest, open-source, decentralized, and fully scalable Layer-1 solution in the world. Leveraging the unique capabilities of the #Karlsen algorithm and focusing on GPU mining, Nexell-AI sought to democratize mining and enhance network decentralization.
The Genesis of Nexell-AI
The journey began with a vision to create a more inclusive and #decentralized blockchain network. The Nexell-AI project was born out of the need to address the dominance of #ASIC (Application-Specific Integrated Circuit) mining operations, which had created barriers for small-scale miners. By forking from the Kaspa blockchain and implementing the Karlsen algorithm, Nexell-AI launched a GPU-focused fork that provided a level playing field for all miners, regardless of their scale.
The Power of GHOSTDAG
At the heart of Nexell-AI’s architecture lies the #GHOSTDAG protocol, a significant departure from conventional blockchain systems. Unlike traditional blockchains that discard blocks generated simultaneously, GHOSTDAG allows these blocks to coexist, forming a consensus-based sequence. This innovative approach transforms Nexell-AI into a #blockDAG (Directed Acyclic Graph), where the dynamics of GHOSTDAG can be visualized in real-time through a blockDAG visualizer.
This advanced implementation of the #Nakamoto consensus ensures secure operations while enabling incredibly high block rates. Currently, Nexell-AI achieves one block per second, with ambitious targets set to reach 32 blocks per second and the potential to scale up to 100 blocks per second. The confirmation times are astonishingly low, primarily dictated by internet latency, making transactions faster and more efficient.
Innovative Features and Subprotocols
Nexell-AI is not just about speed and decentralization; it also boasts a suite of innovative features and subprotocols designed to enhance its functionality and future-proof the network:
- Reachability: This feature assesses the structure of the DAG, ensuring that all blocks are reachable and contributing to the overall network consensus.
- Block Data Pruning: To maintain efficiency and reduce storage requirements, Nexell-AI incorporates block data pruning, which removes unnecessary data from the blockchain without compromising its integrity.
- SPV Proofs: Simplified Payment Verification (SPV) proofs enable lightweight clients to verify transactions without needing to download the entire blockchain, improving accessibility and usability.
- Support for Subnetworks: One of the most anticipated features is the forthcoming support for subnetworks. This will facilitate the integration of layer 2 solutions, allowing for greater scalability and flexibility in the future.
The Impact on Decentralization
The strategic focus on #GPU mining is a game-changer for Nexell-AI. By reducing the dominance of ASIC mining operations, the network promotes greater decentralization. Small-scale miners, who previously found it challenging to compete, can now actively participate and contribute to the network’s security and consensus. This shift not only democratizes the mining process but also strengthens the overall resilience and integrity of the Nexell-AI network.
The Future of Nexell-AI
As Nexell-AI continues to evolve, its impact on the blockchain landscape is expected to be profound. The combination of high-speed block generation, low confirmation times, and a robust set of features positions Nexell-AI as a leader in the next generation of blockchain technology. The project’s commitment to innovation and inclusivity ensures that it remains at the forefront of the industry, continually pushing the boundaries of what is possible.
In the realm of decentralized networks, Nexell-AI stands as a beacon of progress and possibility. Its unique approach to mining, consensus, and scalability sets a new standard for blockchain technology, promising a future where decentralization and efficiency go hand in hand. The journey of Nexell-AI is just beginning, and its potential to transform the digital landscape is limitless.
Research & Development
Distributed Artificial Intelligence Network on BlockDAG
The development of a distributed artificial intelligence (AI) network, where each node of the BlockDAG acts as an autonomous AI agent. These agents will collaborate on various tasks such as machine learning, data processing, and decision making, within a BlockDAG structure that offers efficiency, transparency, and security.
Envisioned Advantages:
- Distributed Learning: Utilization of BlockDAG for collaborative and distributed learning.
- Security: Security enhancement through the decentralization of BlockDAG.
- Real-Time Processing: Ability to efficiently process data in real-time due to the speed of BlockDAG.
- Interoperability: Use of smart contracts to ensure interoperability.
Challenges to Address:
- Data Protection: Ensuring the security of private data.
- Handling Large Volumes: Ability to process and manage large volumes of data.
- Regulatory Compliance: Adherence to legal and regulatory standards.
Potential Applications:
- Smart Cities: Management of urban infrastructures such as lighting and traffic, as well as city energy systems, all driven by AI.
- Gaming: Enhancing gaming experiences with AI-driven ecosystems, supported by the secure and efficient framework of BlockDAG.
- Healthcare: Secure analysis of medical data to prevent data leaks, and use in pandemic prevention through the analysis of virus hotspots.
- Finance: Applications in trading and real-time financial analysis, leveraging the speed and accuracy of AI.
Innovations and Potential:
The structural alignment of BlockDAGs with neural networks used in current AI models (such as ChatGPT and Hermes) creates a unique opportunity to combine the benefits of BlockDAG with the capabilities of AI. This paves the way for revolutionary applications, fundamentally transforming key sectors such as gaming, urban planning, healthcare, and finance.
How to Mine NexellAI ( $NXL )
Mining NexellAI involves setting up a system that can efficiently handle GPU mining, as NexellAI has a GPU-focused fork designed to reduce the dominance of ASIC mining operations. Here’s a step-by-step guide to get you started:
Step 1: Prepare Your Hardware
- Choose Your GPUs: Since NexellAI focuses on GPU mining, you’ll need a good GPU setup. Popular choices include NVIDIA and AMD GPUs.
- Assemble Your Mining Rig: Ensure you have a compatible motherboard, sufficient power supply, proper cooling systems, and reliable internet connectivity.
Step 2: Install Necessary Software
- Operating System: Choose an operating system like Windows, Linux, or a dedicated mining OS such as HiveOS or EthOS.
- Mining Software: Download and install GPU mining software compatible with NexellAI. Popular options include:
- Gminer
- T-Rex
- NBMiner
Step 3: Configure the Mining Software
- Download the Mining Software: Visit the official website of your chosen mining software and download the latest version.
- Configure the Mining Software: You’ll need to set up your mining software to connect to the NexellAI network. Configuration typically involves editing a batch file or configuration file with the necessary parameters. An example configuration might look like this:
bashCopy codeminer --algo karlsen --server <pool_address> --user <wallet_address> --pass <password>
Replace <pool_address>
, <wallet_address>
, and <password>
with your mining pool address, NexellAI wallet address, and any required password.
Step 4: Join a Mining Pool
Mining pools allow miners to combine their computational power, increasing the chances of successfully mining a block. Here’s how to join a mining pool:
- Find a NexellAI Mining Pool: Look for reputable NexellAI mining pools. Some popular pool tracking websites can help you find active pools.
- Register and Configure: Register on the pool’s website and configure your mining software to point to the pool’s server address.
Step 5: Start Mining
- Run the Mining Software: Start your mining software and monitor its performance.
- Monitor Performance: Ensure your GPUs are running efficiently and keep an eye on temperatures to avoid overheating.
- Check Earnings: Most mining pools have dashboards where you can track your earnings and mining statistics.
Step 6: Optimize and Maintain
- Optimize Settings: Fine-tune your GPU settings for optimal performance. Adjust power limits, core clock speeds, and memory speeds.
- Regular Maintenance: Periodically check and maintain your mining rig to ensure everything runs smoothly. Clean your GPUs to prevent dust buildup and overheating.
Additional Tips
- Stay Updated: Keep your mining software and GPU drivers updated to benefit from the latest improvements and optimizations.
- Security: Use secure passwords for your wallets and pool accounts, and enable two-factor authentication where possible.
- Electricity Costs: Mining can be energy-intensive. Be mindful of electricity costs and consider optimizing your setup for energy efficiency.
By following these steps, you can set up and start mining NexellAI effectively. Remember that mining profitability can vary based on factors like hardware efficiency, electricity costs, and the current value of NexellAI tokens.
# | NXL Exchanges | Pair | 24h Volume |
---|---|---|---|
1. | nonkyc.io | NXL/USDT0.000451 | $1 |
2. | tradeogre.com | NXL/USDT0.000433 | $200 |
3. | xeggex.com | NXL/USDT0.000469 | $990 |
NXL Links
Website | nexell-ai.com |
Explorer | explorer.nexell-ai.com |
Chat | Discord |
Telegram | NexelliaNetwork |
X Twitter | @nexell_ai |
Calculator | whattomine.com |
Info | coingecko.com |
Info | coinpaprika.com |
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