Week 52: Nexa News - A New Chapter In Scaling and Spaces on X with Peter Rizun

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Happy Holidays from the Nexa Team! This is our last weekly news for this year and we want to recap some of the big things that happened at Nexa during this week.

Peter Rizun at the Australian Crypto Convention

Peter Rizun had a presentation at the Australian Crypto Convention and introduced how custom hardware can make blockchain faster and more efficient, instead of using software Peter is working on hardware level solutions.

• Explained how special hardware could handle transactions much faster than current software solutions.
• Peter is working on chips that combine mining and transaction processing, making the system both faster and cheaper to run.
• A powerful chip, called Nexa-PoW ASIC, is in the works and could be ready by 2026.

Cryptocurrency-Specific Integrated Circuits - A New Chapter in Scaling, Peter Rizun, ACC Sydney 2024

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Cryptocurrency-Specific Integrated Circuits - A New Chapter in Scaling

[Cryptocurrency-Specific Integrated Circuits - A New Chapter in Scaling] A video and transcript of the talk Peter Rizun gave at the Australian Cryptocurrency Convention in Sydney on November 23, 2024. The Power and Potential of Custom Hardware This afternoon we are going to explore building a microchip for cryptocurrency. A microchip that can do the same thing as a software node but is faster, more reliable, uses less energy, and can be built for a fraction of the cost. [Cryptocurren…

Blitz — A digital-signature verification engine for the Nexa software

Blitz is an FPGA-based accelerator card designed and part of a new generation of hardware intended to accelerate intensive parts of transaction and block processing done by the full-node decentralized network. This technology will enable faster transactions at greater volumes. It is a small but powerful card that fits into your computer’s M.2 slot or connects via USB. It’s designed to handle specific tasks faster than general-purpose CPUs by leveraging FPGA (field-programmable gate array) technology.

What is Blitz? Learn about Blitz - a digital-signature verification engine for the NEXA software

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Blitz — A digital-signature verification engine for the NEXA software

Blitz is an FPGA-based accelerator card designed to speed up computationally demanding tasks while saving time and energy. In the cryptocurrency industry the principal use of hardware acceleration has been in Proof-of-Work mining. Blitz is part of a new generation of hardware intended to accelerate intensive parts of transaction and block processing done by the full-node decentralized network. This technology will enable faster transactions at greater volumes. [Field Programmable Gate Array ( …

Nexa Spaces with Peter Rizun: A New Chapter in Scaling and Australian Crypto Convention

We are working on new ways to make blockchain faster, cheaper and easier to use. Our goal is to connect mining improvements directly to how we validate transactions. This will help our network grow and handle more users without slowing down.

• Our mining algorithm will be the same as transaction validation, like checking signatures or looking up balances.
• Some tasks, like checking signatures, are slow in software but much faster in hardware

Nexa Spaces with Peter Rizun: A New Chapter in Scaling and the Australian Crypto Convention 2024

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🎙️ Nexa Spaces with Peter Rizun: A New Chapter in Scaling and Australian Crypto Convention

[Nexa Spaces with Peter Rizun: A New Chapter in Scaling and Australian Crypto Convention] We are working on new ways to make blockchain faster, cheaper, and easier to use. Our goal is to connect mining improvements directly to how we validate transactions. This will help our network grow and handle more users without slowing down. [Nexa Spaces with Peter Rizun: A New Chapter in Scaling and the Australian Crypto Convention 2024] We’ve found a way to link mining speed to how quickl…

Happy Coming New Year!

Thanks for being part of Nexa journey during 2024! This is the last weekly update for this year, but we are looking forward to sharing even more exciting developments in the new year. Enjoy the holidays, happy coming new year and we’ll see you in January!