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Monthly Development Update

Welcome to our monthly development update. We would like to briefly summarize our recently completed tasks and update you on the upcoming ones:

From POW to POS
NulleX recently switched from POW to POS, in order to further secure the network, which currently hosts around 270 Masternodes (NAVs). That is about 13M coins locked away producing ‘passive income rewards’ to our NAVs holders.

Masternodes Listing
NulleX gained listing on MN.Zone ‘http://nlx.mn.zone/‘ where all NulleX Masternodes data can be viewed.

Masternodes Hosting
NulleX released its own Masternodes hosting service, for any NulleX holders that wishes to run their Nodes, via NulleX.

Promoting NulleX
NulleX is proud to be one of the community currently supporting the ‘Tour de Crypto’, a cryptocurrency awareness and Blockchain adoption charity event linked to HAWC, where Jason & Jovel will ride a Coast to Coast from New York to California.
https://www.tourdecrypto.com/

Social Media
NulleX opened a YouTube channel
https://www.youtube.com/channel/UCOs5r97hV4HtopLV30mYM4g where videos, such as a ‘Masternodes Set-up Guide’ have been uploaded. Also, our Official Telegram channel has reached the milestone of 1000 members.


Upcoming Tasks for Q4

Tech Developments:
In Q4 we will see NulleX testing Zerocoin on the testnet, in order to develop the privacy features, that are so relevant to the NulleX project. In-wallet budget/proposals requests to be enabled.

Social Media:
More YouTube video guides to be uploaded, such as ‘How to go from my bank account to NulleX’. Also monthly updates, such as this one, will be also available via our YouTube channel.

More Masternode Listings:
We are working towards gaining listing on masternodes.online in order to gain more exposure.

New Projects:
One of the NulleX team’s biggest tasks, in the upcoming months, will be the development of the ‘Crypto Asset Manager’. Beta testing will begin later this year on a desktop crypto tracking/portfolio app, that can only be described as 'the swiss army knife of the crypto industry’. More to follow...

Use Case/Partnerships:
NulleX is currently in talks with an organization that would make use of NulleX’s technology, for data protection and financial administration. Further updates on this will be released closer to Q1 2019. There is currently an NDA agreement between both parties.
EXOR - Official Announcement Channel pinned «Monthly Development Update Welcome to our monthly development update. We would like to briefly summarize our recently completed tasks and update you on the upcoming ones: From POW to POS NulleX recently switched from POW to POS, in order to further secure…»
Welcome to NulleX monthly development update for October:





Linda Project My staking Wallet:

In October we saw NulleX and Linda entering into a partnership, NulleX cryptocurrency will therefore be available on Linda’s Android and iOS wallets. NulleX NAVs Masternodes will be available also via Linda’s platform.

https://lindacoin.com/





GINCoin Masternodes

NulleX gained Masternodes listing on GINCoin platform

https://gincoin.io/





Satoshis Solutions Masternodes

NulleX gained Masternodes listing on Satoshis Solutions platform.

https://satoshisolutions.online/





NullTX – NulleX Partnership

Crypto news media NullTX and Nulex cryptocurrency announced a partnership. NullTX’s founder Marat Arguinbaev, will also be joining the NulleX team as a media advisor, officially supporting the project. beginning November of 2018 NullTX will start accepting NLX as payment for various ad packages. As an incentive, advertisers will receive a discount for paying with NLX

The announcement full release can be found on https://nulltx.com/nulltx-nullex-partnership/





Dynamic Masternodes Rewards System

NulleX is proud to be the first cryptocurrency to implement the DMRS program which will run each quarter and it will be based on the previous quarter average trading price performance. The rewards range will vary between 15% and 50% ROI Annual. Here is an example of the price/rewards scheme. At the end of each quarter NulleX Core Team will discuss amongst NAVs holders the upcoming quarterly program

Up to $0.03 rewards will be at 50% annual ROI

From $0.03 to $0.06 rewards will be at 40% annual ROI

From $0.06 to $0.12 rewards will be at 30% annual ROI

From $0.12 to $0.25 rewards will be at 25% annual ROI

From $0.25 to $0.50 rewards will be at 20% annual ROI

From $0.50 and above rewards will be at 15% annual ROI

The DMRS program will start officially from block #186000







Social Media

NulleX YouTube channel

https://www.youtube.com/channel/UCOs5r97hV4HtopLV30mYM4g

Added the video guide ‘How to go from your bank to NulleX’







Upcoming/Outstanding tasks:



Tech Developments:

In Q4 we will see NulleX testing Zerocoin on the testnet, in order to develop the privacy features that are so relevant to the NulleX project. In-wallet budget/proposals requests to be enabled.





Social Media:

More YouTube video guides to be uploaded, such as ‘How to run your NAVs on Linda Platform’. Also monthly updates, will be available via our YouTube channel.





More Masternode Listings:

We are working towards gaining listing on masternodes.online in order to gain more exposure.





Crypto Asset Manager:

The development of the ‘Crypto Asset Manager’ is progressing successfully and we should be able to see some functions in beta testing towards of the year. More updates to follow...





Use Case/Partnerships:

NulleX is currently in talks with an organization that would make use of NulleX’s technology, for data protection and financial administration. Further updates on this will be released closer to Q1 2019. There is currently an NDA agreement between both parties.
Hello everyone, we are proud to announce the implementation of the DMRS program. Please update your wallets ASAP as this change takes effect at block 168k (approx 24 hours from now). You should be on version 1.3.8 to receive maximum rewards. https://github.com/white92d15b7/NLX/releases/tag/1.3.8
Everyone, a reminder to update your wallet as per the above so you can start receiving the new 50% ROI under the DMRS program
Everyone, please note that Tomant has joined the NulleX team as Community Liaison Manager. Congratulations Tomant and welcome on board
***********WALLET UPDATE************

Wallet 1.3.9 is now available for download via nullex.io

Everyone please update your wallets to 1.3.9 ASAP. The DMRS rewards will kick in after block 186k (November 29). Please keep in mind that the new quarterly rewards will not start until 51% of the wallets are on version 1.3.9, so please we ask that everyone updates within the next week so that we can all enjoy the 50% ROI rewards for the quarter.

A new install script has already been released to assist you in updating your masternode wallets. For those that are updating wallet v1.3.8 to v1.3.9, you will need to do a full resync after the wallet is upgraded. For those that are updating wallet v1.3.6.1 to v1.3.9, no resync is necessary and the new wallet should sync without a problem.

VPS INSTRUCTIONS:
- For upgrade from 1.3.6.1 to 1.3.9: Log into your VPS using PuTTY. Type the command: sudo sh nullex-nav-installer.sh When message ##### Installation complete ##### appears type the command: nullex-cli getblockcount and check that the block is matching the block# on the block explorer https://explorer.nullex.io/
- For upgrade from 1.3.8 to 1.3.9: Log into your VPS using PuTTY. Type the command: sudo sh nullex-nav-installer.sh When the message ##### Installation complete ##### appears type the command: nullexd -resync After ~10 mins type command: nullex-cli getblockcount and check that the block is matching the block# on the block explorer https://explorer.nullex.io/
EXOR - Official Announcement Channel pinned «***********WALLET UPDATE************ Wallet 1.3.9 is now available for download via nullex.io Everyone please update your wallets to 1.3.9 ASAP. The DMRS rewards will kick in after block 186k (November 29). Please keep in mind that the new quarterly rewards…»
*********MAC WALLET UPDATE*********
Our mac wallet is now updated to latest version 1.3.9. Download link is found at our website nullex.io.

Before installing wallet 1.3.9 make sure you have a recent backup of wallet.dat. Its also nice to have a backup of masternode.conf if you are running masternodes.