Do u know Nimiq Coin?. Nimiq (NIM) is going Next Level!


 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

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 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

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

BTC-Alpha is an exchange for traders with over 100 coins.

 

Since 2016

 

 

CoinSwitch

CoinSwitch allows Crypto-Crypto exchange with an easy-to-use interface.

 

For beginners

Chat & Email Support

 

CoinDCX

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

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

 

BitMax

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.

CREATE ACCOUNT

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.

Nimiq Website

 Nimiq whitepaper

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?

 











 

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