SCOTTSDALE, Ariz., Sept. 27, 2018 (GLOBE NEWSWIRE) -- At its 2018 Blockchain Conference last week, Nexus announced its partnership with SpaceChain, the decentralized space agency that plans to build an open-source, blockchain-based satellite network. Additionally, it was announced that Jeff Garzik, the Co-Founder and CTO of SpaceChain, will be joining the Nexus Advisory Committee.



As the third Bitcoin Core developer, Jeff Garzik brings extensive knowledge and experience to the Nexus team. Jeff attended The Georgia Institute of Technology in 1996 where he studied computer science and was involved in one of the best-known open source projects, the Linux kernel.​ Jeff co-founded SpaceChain with Zheng Zuo. The two successfully launched their first cube-satellite in February of 2018, which uses SpaceChain’s satellite software SpaceChain OS and hosts a QTUM blockchain node.

The partnership between Nexus and SpaceChain centers around collaboration to deploy a decentralized internet in space that both companies have been developing. The satellite mesh network will deliver a more accessible, secure, and censorship-resistant communication system, while demonstrating the potential of privatized, space-based initiatives. The partnership will include one of SpaceChain’s future satellites, that will host one of the Nexus nodes; they will also have the opportunity to host nodes on future Nexus satellites. Nexus is due to launch their first satellite next year. It will be the first ever satellite launch funded in cryptocurrency, with Nexus (NXS) being the cryptocurrency of choice.

As an advisor to the organization, Jeff will provide his expertise in coding and assisting Nexus in developing their 3-Dimensional Chain, an on-chain scaling solution of distributed ledgers for mass adoption. He will also assist in building the Nexus Advanced Contracts that Colin Cantrell, the Founder of Nexus, demonstrated at the 2018 Nexus Conference, held recently in Scottsdale.

“Jeff is an early contributor to the open-source movement, and someone who truly believes in what it can do to make the world more free and open.” Colin said, “I'm honored to be able to work with him, to make the promise of cryptocurrencies real for everyone.”

About Nexus:

Nexus is an innovative open-source blockchain technology and digital currency designed to improve the world through advanced peer-to-peer networks. Nexus focuses on solving the current challenges of speed and scalability in the blockchain industry and provides world-class quantum resistance through its many innovations. We aspire to combine blockchain technology with ground-based MESH networks and satellites to facilitate the formation of a decentralized and distributed internet. Nexus will enable people to take control of their personal and financial freedom, empowering humanity in the process. For more information and to see how you can help build the future, visit www.NexusEarth.com.

About SpaceChain:

Founded in 2017, SpaceChain is building an open-source blockchain-based satellite network, allowing users to develop and run decentralized applications in space. The SpaceChain operating system will be available to anyone, anywhere in the world, all while remaining secure and immutable through proven blockchain cryptography. In doing so, SpaceChain's vision is to remove barriers and allow a global community to access and collaborate in space. For more information, visit https://spacechain.com/ .

Contact:



Wendy Katz

Nexus

wendy@nexus.io

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