Mas Syalen
61 posts


Dev Update
We are very excited about this update and hope you are too, especially as we’ve been closing some long-pending items on the crypto side of things:
➡️The long wait is over—DynexSolve 2.4 has arrived. It introduces entirely new PoUW/Hashing entanglement, elevating network security to the next level. We’ve already shipped the updated Dynex-service to pool operators, and mining software developers will be releasing support for 2.4 shortly. Please make sure you upgrade to the latest miner versions, as older versions will be discontinued after a grace period, which will be announced separately.
➡️We also just released Dynex SDK 0.1.23, which now supports our vastly improved quantum emulation algorithm (v2). The first Quantum Node running v2 is also live, and we are currently running benchmarks to demonstrate its superior quantum algorithm performance. And this is not just an improvement—we’re talking about a major leap by orders of magnitude. For example, v2 outperforms all major competitors using just a single CPU thread. Huge shout-out to the algorithm and dev teams for making this a reality! As a result, we’ll be able to release Quantum Nodes to the public soon.
➡️There have been many questions around our recently launched updated economic model, so we’ve decided to significantly upgrade our block explorer. It will include additional charts and data around user count evolution, gas fee trends, subscription buybacks, and more—offering a whole new level of transparency and clarity. This will make it much easier for everyone to track and understand progress and traction.
➡️Quantum Apps (qApps) will be a key focus moving forward, with a dedicated team integrating them into the Dynex ecosystem. Targeted at the mass market, qApps will significantly boost spot compute demand. While enterprise sales will promote subscription-based revenues, qApps will generate spot compute jobs, paid in DNX for each job and distributed to miners—creating a healthy balance between spot and subscription compute. qApps will also be promoted on dynexcoin.org, aiming to build an entire marketplace. The first qApps are already specified and will offer features such as quantum-LLM, quantum-enhanced trading, quantum-encrypted communication, and quantum weather prediction.
➡️We are also entering the hot phase of our $50M financing round, with data rooms, deal terms, and related activities underway in collaboration with our advisory partner Topan. Proceeds from this round will go toward further development, chip design, expansion, and a sizeable buyback.
➡️Additionally, we’re pleased to announce that the transaction with venture capital firm Victus Capital has been completed as of yesterday.
➡️We will soon be launching a community vote to discontinue support for legacy privacy wallets. If voted in favor, all remaining balances in privacy wallets must be transferred to non-privacy wallets. We also encourage users to voluntarily move their balances now. To set an example, the Dynex development team has already transferred all privacy balances to Dynex-labeled non-private wallets.
➡️Lastly, we’re making great progress on the CTF and are setting up strategic steps to bring more excitement and engagement. Flawless implementation and keeping the community informed remain key priorities. We are working on creating a unique DNX crypto quantum experience that will grow both the community and the value of DNX. Get your earplugs and mics ready, we will do an AMA on Monday, February 17th, 5pm CET (link will follow).
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Thanks for sharing:
Conclusion
To achieve 286 MH/s for DNX mining:
21 RTX 4090 GPUs (most powerful and efficient).
34 RTX 3080 GPUs (high-end GPUs).
40 RTX 3070 GPUs (mid-tier GPUs).
44 RTX 3060 Ti GPUs.
103 GTX 1660 Super GPUs (entry-level GPUs).
This highlights that the total hashrate is relatively low and achievable with a modest number of GPUs, further undermining claims of supercomputing-level performance or advanced computational capabilities.
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At first glance, Dynex $DNX seems like a promising investment: bold tech claims, a Liechtenstein registration, an active team, and a low $30M market cap. It’s tradable on @gate_io and @MEXC_Official, with endorsements from @FastCompany.
🚨 But here’s the harsh reality: 🚨
1️⃣ No Computing Services
@dynexcoin promises decentralized computing, but customers can’t access it. Even basic email verification doesn’t work.
2️⃣ Fake Miner Network
Dynex claims 6,877 connected miners, but this number appears grossly inflated, likely to deceive investors.
3️⃣ Ineffective Support
Dynex ignores basic issues, like verification emails not being received. It seems they don’t grant access to computing services because there’s no real power backing their claims.
4️⃣ Flawed Blockchain Explorer
The Dynex blockchain explorer is unreliable, showing significant red flags:
Example 1: A wallet shows 372,600 DNX sent, but manually summing the transactions reveals 686,520 DNX sent.
🔗 blockexplorer.dynexcoin.org/address/XwnRJq…
Example 2: Another wallet shows 58M DNX sent, 0 DNX received, and the balance is marked as N/A.
🔗 blockexplorer.dynexcoin.org/address/Xwo1W9…
Their claim of a "fair launch" is false. Most tokens were pre-minted and deposited into mexc wallet, explorer only shows the last 100–300 transactions, hiding suspicious activities like hidden minting.
5️⃣ Token Dumping
Pre-minted tokens are likely being dumped on the market by the team, causing relentless price drops. Hidden supply and concealed minting practices leave unsuspecting investors as exit liquidity.
6️⃣ Suspicious Partnerships
@NucoCloud claimed to resell Dynex services, but there’s no way to subscribe. Their business model appears similar, raising questions about possible connections.
7️⃣ Unfulfilled Promises
Dynex promised Amazon marketplace integration, but it never materialized. Most of their "utility" is pure hype.
8️⃣ Baseless Tech Claims
Dynex claims its Apollo chip is 10x more powerful than Google’s Willow chip and works at room temperature.
Google, after years of cutting-edge research, requires extreme supercooling for Willow—something every serious quantum computer needs.
Dynex offers zero proof or data to back its absurd claims. It’s not innovation; it’s deception.
9️⃣ Slow and Outdated Blockchain
Simple send transactions on Dynex take over an hour—hardly cutting-edge blockchain technology.
🔟 Unsustainable Miner Rewards
Current miner rewards are ~43 DNX/min, entirely funded by inflation. When minting ends (if it does), there won’t be enough gas fees to sustain miners.
📜 $0xDNX Contract Address: 0x9928a8600D14ac22c0be1E8D58909834d7ceAf13
Despite these glaring red flags, venture fund @HumlaVentures invested, raising serious questions about their due diligence—or lack thereof. 🚩
❤️ Like and repost if you'd like to see more analysis like that.


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