Nimiq -
The World's First Browser-Based Blockchain
This New year NIM going to the Next level
because people are trusted and interested buy and participate in the Nimiq
contenting events.
Nimiq – Simple, secure and
censorship resistant cryptocurrency.
A blockchain technology inspired by Bitcoin but designed to run in your
browser. It is money by nature but capable to do much more.
The Team Nimiq
Nimiq is a non-profit and open source project founded by some, developed by many and owned by none.
Max Burger- Nimiq Ambassador, Business Development
Philipp Tschabold- Philipito's Kitchen (during Hackathons)
Mauricio Lara- Counsel & Representation
Sui-Ju Chuang (穗如)-Communication & Research
Bruno França-Blockchain Researcher
Pascal Berrang-Blockchain Researcher & Core Developer
Philipp von Styp-Rekowsky-Nimiq Co-Creator, Blockchain Tech
Lead
Elion Chin-Nimiq Co-Creator, Operations
Ricardo Barquero-Community Manager
Mathéo Raveux-Front-end Engineer
Chris Mo'e-Video Documentation & Social Media
Curd Becker-System Virtuoso
Julian Bauer-Design
Marvin Wissfeld-Blockchain Core Developer
Sven Buschbeck-Communications, Technical Documentation
Sergio Valverde-Blockchain Core Developer
Tammo Mamedi-UI/UX & Communication
Jeffrey Esquivel-Blockchain Core Developer
Daniel Mohr-Front-end Engineer
Sören Schwert-Front-end Engineer
Janosch Gräf-Blockchain Core Developer
Atua Mo'e-Video Documentation & Social Media
Sebastian Dietel-Front-end Engineer & Core Developer
Exchanges · Nimiq
Wallet · Nimiq
Safe · Nimiq
OASIS
Nimiq price today, NIM marketcap, chart,
and info
About
Nimiq
Nimiq's price today is $0.005621 USD, with a $2,720,408 USD
24-hour trading volume. In the last 24 hours, Nimiq is up 25.71 percent. With a
market cap of $39,909,850 USD, the latest CoinMarketCap rating is #176. It has
a circulating stock of NIM coins and a max of 7,099,943,126. Delivering
21,000,000,000 NIM coins.
HitBTC, Hotbit, BTC-Alpha, KuCoin, and BitMax are currently
the top exchanges for trading in Nimiq. On our crypto exchange page, you will
find others identified.
Nimiq describes itself with its own ecosystem of apps as a
decentralized, censorship-resistant payment protocol native to the internet.
The first blockchain approach to the browser suggests that users link directly
to the blockchain without anything.
People
also ask
Where can I buy nimiq ?
When the purchase is complete you need to send the
bitcoin to Kucoin which is where the Nimiq can be purchased. Sign up
to Kucoin. Once signed up, click on deposit on the left hand side. Then select
bitcoin from the drop-down menu
Can nimiq reach $1?
Nimiq Staking
Unlike other projects like Ethereum (who require you to own an outrageous 32
ETH to get any staking rewards whatsoever), Nimiq will empower anyone
with 1,000 NIM (around $1) to reap the benefits of staking and start
earning NIM rewards.
What is nimiq?
Nimiq is an open-source decentralized peer-to-peer
payment protocol for the world wide web. By offering browser-based
access, Nimiq aims to lower barriers to entry, and therefore increase
blockchain adoption, for communities of new users who may be put off by the
friction of using bitcoin and other cryptocurrencies.
Is nimiq a good investment?
If you are looking for virtual currencies with good return,
NIM can be a profitable investment option. Nimiq price
equal to 0.00456 USD at 2020-12-31. ... Based on our forecasts, a long-term
increase is expected, the price prognosis for 2025-12-27 is 0.0166 US Dollars.
What is nimiq Crypto?
Nimiq describes itself as a decentralized,
censorship-resistant payment protocol native to the web, with its own ecosystem
of apps. ... Team Nimiq also created technology aimed at mass
adoption like Nimiq OASIS, a non-custodial FIAT HTLC that allows
users to buy/sell Crypto to Fiat directly, with no middle-man.
Top 10 trending http://LunarCRUSH.com searches as of 1:57AM UTC Sat,
Jan 2
$ocean #oceanprotocol
$nim #nimiq
$zil #zilliqa
$rsr #reserverights
$dot #polkadot
$theta #thetatoken
$btc #bitcoin
$algo #algorand
$vet #vechainthor
$hex #hexcrypto
NimiqCommunity
Status NIM Top 10 trending in LunarCRUSH
Buy and
Sell Nimiq (NIM) listed Exchanges
There are many exchanges that sell and buy NIM. Compare
the options and find the one that suits you best.
KuCoin is a popular exchange amongst traders, with live support and
mobile apps.
24/7 Chat & Phone Support
iOS and Android app
HitBTC
HitBTC is one of the oldest exchanges.
Since 2013
BTC-Alpha is an exchange for traders with over 100 coins.
Since 2016
CoinSwitch allows Crypto-Crypto exchange with an easy-to-use interface.
For beginners
Chat & Email Support
CoinDCX is an advocate for cryptocurrencies in India, its origin.
India focussed
SwapSpace
SwapSpace is an instant aggregator of cryptocurrency exchanges.
For beginners
Email support
SimpleSwap is a user-friendly and registration-free cryptocurrency
exchange.
No sign-up and upper limits
300+ cryptocurrencies
Mobile App available
Quick Support 24/7
A popular exchange in China and broader Asia with staking service and
advanced trading features.
Low Withdraw Fees and Min Amount
USDT/NIM Trading Pair Available.
Advanced Trading Features
Staking Service (Not Available for NIM yet)
Partnerships
And Studies with Nimiq
Nimiq has two main research efforts scheduled to be
completed in 2020.
Nimiq
Blockchain
In a Merkle-based accumulator, accounts and their unspended
transaction outputs are stored. Synchronization time for complete nodes is
increased by pruning Micro Blocks and condensing information into Macro Blocks.
In the future, Recursively Composable Proofs (as used in Coda or presented in
Halo) may be implemented to allow super-lightweight nodes where consensus can
be reached in seconds, even on mobile devices.
Albatross is the Proof-of-Stake algorithm of Nimiq; Ed 25519
Schnorr signs protected transactions, and Hierarchical Key Derivation enables
the same seed to produce a virtually infinite number of accounts. In Rust, the
protocol is implemented and compiled for us by WebAssembly
Effort
One for Research: Nimiq OASIS
this system Nimiq OASIS (Open Asset Swap Interaction
Scheme). A purchase or sale of cryptocurrency to fiat money should thus be
immediate, cost-effective and above all so possible that the exchange (DEX) at
no time controls the values
The Transparent Asset Swap Interaction Scheme stands for
Nimiq OASIS. This is a roadmap for a bridge between crypto-to-fiat, having fiat
currencies such as the Euro act as a token on the blockchain. This could
provide a unique way to link the conventional banking world to the universe of
crypto and enable individuals with a SEPA bank account to buy or sell crypto
directly through their bank.
This is a pretty big deal now. Indeed, when the founder of
Cardano (ADA), Charles Hoskinson, talked about the state of crypto markets in
2019, he commented:
What we are seeing is the emergence of a set of norms that
will eventually converge over the next three to five years to create a
situation where you are.
Team Nimiq has also said that they plan to use this new
technology to give online retailers a crypto payment solution. This was named
'Nimiq Checkout.' This will show an offer from Nimiq:
The first non-custodial multi-crypto payment solution, so
without ever touching it, a merchant with zero technological expertise will
accept crypto and get fiat.
In order to get Euros paid instantly directly into their
SEPA instant accounts, integrated merchants remove the chance of crypto
fluctuations.
Crypto enthusiasts like you and me in NIM, Bitcoin, and
Ethereum will enjoy the ease of paying.
Nimiq Checkout has the ability to provide a solution to two
of the main issues that hold back the adoption of merchants
The
Partnerships Behind Nimiq OASIS
Yes, Nimiq OASIS is still a blueprint and is not yet a
functional product. There seems, however, to be some significant substance
behind this report. In April 2019, to solidify Nimiq and this German bank,
Nimiq announced a 9.9 percent stake in WEG bank. Other shareholders include the
likes of Salamantex terminal providers like Litecoin and point of sale.
WEG Bank has since established its crypto banking arm, Ten31
Bank. The partnership between the bank and Nimiq on delivering a fiat smart
contract operated by Nimiq OASIS tech will be illustrated by a brief look at
the website.
This banking partnership is so critical that, through WEG
Bank, Nimiq OASIS can access SEPA's instant banking network. This former ex,
Team Nimiq's second key research effort is known as the
algorithm for Albatross proof-of-stake consensus. This aims to provide a
solution to the problem of scalability that many blockchain projects face. This
has been developed with Trinkler Software in collaboration. What's even better
is that the demonstration of the Albatross is already out and can be seen here!
In terms of performance, Albatross is apparently able to
reach speeds close to the theoretical limit of a single-chain protocol. In
2020, Nimiq plans to integrate this new consensus algorithm into Nimiq 2.0, and
this is set to be a significant update to the blockchain of Nimiq.
If Albatross can achieve its predicted 1,000+ t to put
things into perspective,
Nimiq
Staking
Another advantage of this move to proof of stake is that by
staking, NIM holders will gain more NIM. Nimiq would allow anyone with 1,000
NIM (about $1) to reap the benefits of staking and start earning NIM rewards,
unlike other projects such as Ethereum (who require you to own an outrageous 32
ETH to get any staking rewards whatsoever).
In well-known wallets such as Trust Wallet (Binance's
official wallet) and Magnum Wallet, stake support is also expected.Team Nimiq
recently published some news about the upcoming Nimiq 2.0.0. supply curve.
These can be seen in a recent blog post by Nimiq here.
Here are the main things to know:
The original rate of NIM issuance will fall from 29 percent
at present to between 3 percent-7 percent.
The return on staking incentives will be between 6 percent
and 14 percent.
The final curve of supply is still a work in progress. We
learn, however, that a NIM staking calculator is in service and should soon be
made available to the public.
Nimiq And
DeFi
In case you didn't know, DeFi, according to DeFiPulse.com,
is a major emerging field in the crypto space with almost $1 billion worth of
value locked up in it.
The most popular use-cases in terms of what's going on over
there in DeFi are:
Capital borrowing
To supply cash to gain interest
Trading With
It is necessary to understand what DeFi actually is in order
to understand how Nimiq might fit into this crypto market. The way to think
about DeFi, in short, is that it's non-custodial financing, where you don't
need to trust your money to a third party, like a bank.
Non-custodial is probably a term that is not understood by
most people. It basically means that the keys to your crypto are still kept and
you do
The thing you need to know about DeFi is that to get in on
all the DeFi action, you need to use a web 3.0 wallet like MetaMask. Lending
money to Compound Finance, for instance, and receiving 8 percent interest. The
issue is that either a web 3.0 wallet or a DeFi lending or trading network have
not been able to discover non-custodial crypto to fiat gateway. Due to the
various hoops they need to go through, this makes it very complicated for
crypto newbies to get involved and reap the benefits of DeFi.
Blockchain
For the Web Simplified
To provide the liberating functionality of blockchain-based
payments to the masses, Nimiq is developing a blockchain for the internet. The
experience of a web-native cryptocurrency must meet the standards of consumers
who are used to the ease of web applications based on centralized servers and
legacy technologies and ideally surpass them. While these systems typically do
not suffer from communication restrictions, because the consumer is interacting
with a single authority of fact, i.e. the bank, they come with a major
disadvantage: a single body retains asset custody and thus becomes a major
security and privacy threat.
Each consumer connects to multiple peers in the Nimiq case
and receives the information necessary to verify their balance. Variables such
as the amount of data per link, latency, bad actors and other vectors of attack
need to be considered. Nimiq is developed using state-of-the-art cryptography,
blockchain and web technologies to address these additional challenges to
achieve a result that levels the field with common centralized web payment
processors, while remaining true to the spirit of borderless decentralization,
neutrality and censorship-resistance of cryptocurrency.
Proof-of-Stake
The transition from Proof-of-Work to Proof-of-Stake also
comes with the switch to Nimiq 2.0. Our Proof-of-Stake algorithm is called
Albatross and, with eventual intent, can provide a high transaction throughput.
The substantially reduced energy consumption of Proof-of-Stake systems is one
major benefit over Proof-of-Work algorithms. Miners become validators instead
of investing resources in the scheme, investing in the currency itself and
setting aside parts of their stake as protection.
Types of
Clients
The Nimiq 2.0 Network has two types of clients: Backbone
Clients and Browser Clients. The same isomorphic Rust codebase is leveraged by
both forms. Although Backbone Clients do much of the heavy lifting to help and
protect the network, the Browser Clients are the ones that render Nimiq native
to the web, but also enforce all the restrictions that need to be addressed in
order to achieve a web-friendly blockchain.
Albatross
Albatross is a new algorithm of proof-of-stake consensus
that improves on the existing state-of-the-art by achieving an output for a
single chain near the theoretical limit. A technical paper explaining Albatross
was published in collaboration with Trinkler Software by members of Team Nimiq
in March 2019. Inspired by speculative Byzantine-fault-tolerant (BFT)
algorithms, the Albatross consensus algorithm then enhances classical BFT
algorithms by introducing what we call the "optimistic approach" that
improves speed and effectiveness without sacrificing security.
Nimiq
Payment Ecosystem
With ease of use in mind, all applications in the Nimiq
Payment Ecosystem are constructed. Team Nimiq's vision is to allow the world to
build awesome apps using the Nimiq Blockchain and to help developers with the
Nimiq Community Funding Board by providing a strong bond with the community.
User
Experience
Amongst blockchain ventures, a strong and competent user
interface is uncommon. Technical expertise and crypto-specific language are
often needed, making most potential users unavailable for many solutions. As a
consequence, it restricts the crypto sphere to such solutions. Recognizing this
critical entry barrier for the average consumer, Nimiq aims not only to boost
the usability of the crypto industry, but also to have a user experience that
exceeds the expectations of the fintech industry by leveraging the benefits of
being browser-first. The intuitive user interface is an important component of
Nimiq and central to translating the protocol's technological capabilities into
real-world value.
Usability
and Safety
More challenging user activities are not placed on users
when they first get in contact with Nimiq, such as backing up the account.
Instead, this role is context-bound and only needed later, when value is
already retained by the account and the user is naturally motivated to do so,
thus increasing usability without compromising protection. The backup can be
achieved by uploading a password-protected login file, providing the cold
storage (writing down) of the Recovery Words with an alternate method of backup
(24-word mnemonic seed).
Nimiq
Wallet & Nimiq Hub
Payments, regardless of the system being used, should be
frictionless. An interface comparable to your online banking is supported by
Nimiq Wallet and Nimiq Center, but with a decisive difference: it does not run
on a third party managed server. Instead, all information is locally stored,
never leaving your computer. In addition, for a smooth flow, usability and user
interface are optimized and do not rely on the device or operating system being
used. Although Nimiq Wallet is the place where you can access your transaction
history and balances, a list of accounts, i.e. an address with a name, but
never the keys, is managed and stored by Nimiq Center. In a dedicated, highly
secure spot, the keys are kept, such as As a wallet for hardware and/or
applications (i.e. Ledger, Nimiq Keyguard, etc). The Center is situated in
front of the different key storage solutions, providing users with a single
interface to access all their accounts from multiple locations that may be
associated with multiple keys. Thus, wherever they make a payment, the user
will still see the same, familiar user interface.
A user can import existing accounts and build new ones in
order to get started. Nimiq Hub is the interface where users can pick the
source account from which to transfer NIM funds, add a note to the receiver, or
cancel the request altogether when requesting to send a transaction or a
payment.
No Nimiq
account yet?
Creating a Nimiq account is easy and requires no download or
personal data. Receive some NIM for free and give it a try.
Wallet
Update: Atomic Swap Nimiq and Bitcoin – Nimiq
You can now hold Bitcoin BTC and swap back and forth with
NIM using non-custodial atomic swaps!
Atomic Swaps
You can get started by using the Nimiq Wallet and easily
swap between BTC, the most well-known cryptocurrency, and NIM, the
high-performance payment coin. This new atomic swap feature is powered by Fastspot, technology built by
Nimiq.
Connect Nimiq
Nimiq is an Inuit word for an object or force that binds
things together.
Twitter Nimiq Twitter
Nimiq Community
Reddit Facebook YouTube Instagram Discord
Telegram
Roadmap Forum
Rules Github
Completion
Nimiq is trading at a $39,909,850 market cap at the time of
publishing. Now, when you consider the ability of the project, that is
extremely poor. The focus of Nimiq on ease-of-use and accessibility seems to be
a tried and tested approach from the likes of Apple, and that makes a lot of
sense. Many beginners to crypto are grappling with the current levels of
difficulty, and we agree that this needs to be addressed in order for mass
adoption of crypto.
With Nimiq OASIS's potential application for these niches,
Nimiq should be prepared to ride the wave of DeFi's and NFT's growing
popularity. Nimiq 2.0 for Nimiq staking is also set to be a big deal, and we
like how only $1 worth of NIM is needed for those sweet staking rewards.On top
of all that, you have to be excited about Nimiq Checkout and merchant
acceptance, and there is a lot to suggest that Nimiq is quite undervalued in
the pipeline of this project.
Nimiq seems like an asymmetrical play, with all that being said.
It's going to either go to the moon or crash and burn. Nimiq is definitely one
that you should be keeping an eye on if you are searching for hidden gem crypto
ventures, however.
Interested in trying yourself out with NIM? In 30 seconds,
why not build a Nimiq account and catch your free NIM to play around with?