Nerva's Journey

Nerva’s Journey in Crypto World

Posted on | by Editor

In the fast paced world of crypto, new coins are being created by the dozen. With each new crypto gem, devs and insiders of those coins keep promising how their project will revolutionize crypto space, how their crypto is the fastest or the best and what great things it will accomplish. Most of those projects are abandoned or left to die after a year or two. When the hype dies down, there is nobody left interested in the project and there are no buyers willing to keep buying the bags of insiders and early investors.

Nerva has been through the hype period in 2018 and 2019. It was able to attract people because of its vision and goals:
– Monero’s privacy with new mining algorithm that helped it be CPU only minable from inception.
– Accelerated emission as an experiment to see if miners are still willing to mine in tail emission.
– Willingness to stick to 1 CPU = 1 VOTE vision.

As time went by, people started losing interest and towards the end of 2021, the person who created Nerva, abandoned it. The experiment was a failure. Nerva was going to end up like most crypto projects: dead.

There were people in Nerva’s community who believed that Nerva’s distribution has been fair. Whoever wanted to mine was able to mine. Whoever wanted to trade could buy or sell at any time in the history of the project. 1% pre-mine that went to the person who created Nerva was most likely sold before he abandoned the project. Those people believed in Nerva vision of privacy and censorship resistance through CPU only mining. They did not allow the project to die.

Today, Nerva is growing again and attracting new people. What makes the project unique? It’s not the privacy, being CPU only minable, having no pools or even 1 CPU = 1 VOTE vision. It’s Nerva’s history. It’s the fact that the project is still alive and that miners are still willing to mine it after being in tail emission for 3 years. It’s the fact that people are willing to work on growing the community, improving and supporting the project.

Finally it’s the fact that Nerva is truly a community project without funder, has 0.84% annual inflation and under $1 million market cap. This gives Nerva plenty of room to grow as it’s able to attract new people who like its vision, history, are willing to get involved and help it grow.

3 million blocks

3 Million Blocks

Posted on | by Editor

Nerva blockchain just produced 3 millionth block!

Circulating supply at block 3 million is 18,839,660 XNV.

To get to this point it took 5 years 8 months and 15 days of CPU-only mining producing around 1 block per minute.

In another 5 years and 8.5 months, when block 6,000,000 is produced, total supply will be 19,739,660 XNV or 900,000 XNV higher. This will be towards the end of 2029.

Thank you everybody who is still here, who is still mining and supporting Nerva project. Cheers to you and to low inflation!

Nerva's 2023 year in review

Nerva’s 2023 – Year in Review

Posted on | by Editor

How the time flies! It seems like yesterday 2023 started and now it’s coming to an end.

If you’re new to Nerva, here is a brief history: https://nerva.one/a-brief-history-of-nerva-project/

And here is a blog post covering how it all started: https://nerva.one/nerva-crypto-coin-how-it-started/

The year started uneventful. Since the beginning of 2022, the project has been asleep. Nobody has been doing much other than Nerva blockchain producing new blocks and hardcore miners getting tail emission rewards.

In June 2023, discord started getting a little more active after Nerva was added to DogeCash App, a custodial mobile and web wallet. Up until this point we did not have a mobile wallet. There were some talks about creating one but nothing came out of it.

After that, we cleaned up our discord server and got rid of inactive users. We’ve upgraded our bots to help verify users and keep them active and we started our marketing push, trying to get more people involved.

December came and things started picking up quickly. Nerva twitter account started creating tweets that people were willing to engage with. We started attracting new people, some of whom were willing to get involved and help our project. We created Telegram group for people who do not use Discord. New trading pair was added to TradeOgre and we were listed on our second exchange, XeggeX.

During December we got attention of new miners and Nerva’s blockchain hash rate more than tripled!

For a while now, Nerva has been like a sleeping giant. Towards the end of 2023 that giant has woken up!

What will 2024 bring? Nobody knows but as long as there are people willing to get involved, as long as there are miners willing to commit their CPUs to protect and decentralize Nerva’s network, we’ll keep working, we’ll keep grinding and we’ll keep growing!