A BRIEF use case for Nexus Earth. The cryptocurrency based on prime numbers.
Nexus Earth is a Cryptocurrency that has flown under the radar for a while. Started by a Son of one of the co-founders of SpaceX, a probable genius in his own right, they break down Nexus into 3 main mining streams. I’ll break those down but I can immediately see the benefits for Asteroid Mining. Why? This could be applied anywhere similarly but defining technologies beyond our grasp helps raise the bar and expand our horizons.
I’m going to skirt over the operational side of the mining channels and I’m assuming you already know how they work. If you don’t check them out.
So we have:
The Consensus algorithm — speaks for itself, works typically in a traditional computation use case to back the chain.
CPU mining — finding prime clusters
So taking this to space I can see this being used alongside drones with gravitational prospecting to find high rare earth metal content asteroid clusters with the prime number system as a labelling device with co-ordinates written to the blockchain so any mining expedition/device would know exactly where to go to find a given rare earth metal content, could have basic smelting and ingoting on board which can then be further processed at a base station.
GPU mining — cracking prime clusters
labeling the estimated content of each asteroid in a given cluster, then labeling each material distribution to one of these prime numbers in the cluster with a co-ordinate of the average COM as a listing in a BigchainDB or IPDB table.
All we need is Deep Space Industries or Planetary Resources to pick this up as a potential data-structure for development, however I’m keeping a lock on commercial use for now ;)
Copyright Adam Paigge 2017 This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Let me know your thoughts in comment or you can find me on twitter @AdamPaigge
