Nexis Network - Readme

Chain Specifications

• Native Token: Nexis (NZT)
• Symbol: NZT
• Total Supply: 550 Million
• Block Finality: Approx. 400ms
• Consensus Mechanism: Delegated Proof-of-Stake (DPoS)
• Networking Ports: P2P (TBD), JSON-RPC (8899)
• Chain IDs: Mainnet (1229), Testnet (2370)
• EVM Compatibility: Fully compatible with Ethereum Virtual Machine

Official Resources

• Website: nexis.network
• Blockchain Explorers: Mainnet Explorer, Testnet Explorer
• RPC Endpoints: Mainnet, Testnet,
• Social Media: Twitter, Telegram
• Testnet Faucet: Faucet

Key Features

• Modular architecture for scalability and adaptability.
• Ethereum compatibility allows interaction with Ethereum wallets and tools via JSON-RPC.
• Development support in Solidity/Vyper with full EVM integration.
• Streamlined cross-chain operations for improved user experience.
• Extend beyond Ethereum's capabilities with Runtime plugins.

NZT Token Utilities

• Network Fees: Used to pay transaction and stability fees.
• Governance: Token holders can vote on network proposals.
• Economic Capital: Utilized in liquidations.
• Discounts: Fee reductions on DApps and wallets.
• Staking: Secure the network through staking.

Cross-Chain Communication

• Trustless, decentralized Ethereum bridge for asset transfers.
• Supports ERC-20 tokens, NFTs, and wrapped currencies.
• Customizable bridge functionalities with plugins.

Development Guide

Environment Setup

Follow these steps to set up your development environment:

1. Install Rust and Dependencies:

   • Run the following command to install Rust and its dependencies:

     curl https://sh.rustup.rs -sSf | sh
     source $HOME/.cargo/env
     rustup component add rustfmt
     rustup update

   • Additional Linux dependencies (Ubuntu):

     sudo apt-get update
     sudo apt-get install libssl-dev libudev-dev pkg-config zlib1g-dev llvm clang make cmake protobuf-compiler

   • On Mac M1, install Rosetta:

     softwareupdate --install-rosetta

2. Download and Build Source Code:

   • Clone the repository:

     git clone https://github.com/Nexis-Network/NEXIS.git
     cd nexis

   • Build the source code:

     cargo build

3. Run a Local Cluster:

   • Start a local cluster by running the following command:

     ./run.sh

Testing and Benchmarking

• Run Tests:

  • Execute the following command to run tests:

    cargo test --no-fail-fast

• EVM Integration and Local Testnet:

  • Refer to the documentation at docs.nexis.network/evm for information on EVM integration and setting up a local testnet.

• Benchmarking:

  • Install the nightly Rust build:

    rustup install nightly

  • Execute benchmarks:

    cargo +nightly bench

Troubleshooting

If you encounter any issues during the setup or development process, consider the following troubleshooting steps:

• Make sure you have installed all the required dependencies as mentioned in the environment setup section.

• Check if your Rust installation is up to date by running:

  rustup update

• If you are facing issues with building the source code, ensure that you have the necessary build tools and libraries installed.

• For any specific errors or problems, refer to the project's issue tracker or community forums for assistance.

Release and Copyright

• Release Process: Described in RELEASE.md.
• Copyright:

  Copyright 2023-2024 Nexis Network
  Licensed under the Apache License, Version 2.0.
  Full license at http://www.apache.org/licenses/LICENSE-2.0