Bitcoin Forum

What is NILECOIN?
NILECOIN (NIL) is a digital currency and developed in the form of open-source software (OSS). NILECOIN  (https://nilecoin.org)operates on a peer-to-peer networking protocol on the Internet, without any central bank managing it. Nilecoin is the world's leading software platform for digital assets. Offering the largest production Nilecoin platform in the world, we are using new technology to build a radically better financial system. Our software has powered over 100M transactions and empowered users in 140 countries across the globe to transact quickly and without costly intermediaries. We also offer tools for developers and real time transaction data for users to analyze the burgeoning digital economy. NILECOIN is provided automatically and limitedly. It is scheduled according to Algorithm-based schedule. Bitcoin is provided to computers which “dig” coin to pay for authenticating Bitcoin transaction and writing them into the ledger scattered on the peer-to-peer network. This is called “blockchain”. NILECOIN is provided to mobile devices which “exploit” NILECOIN to verify transaction and write them into the ledger scattered on the peer-to-peer network. This is called “nilechain”. NILECOIN technology is superior because the cost of exploiting NILECOIN is low. With NILECOIN, we don’t have to use super-configured computers, which has changed totally the way to confim transactions. Not only that, NILECOIN applies the quantum technology to process transactions with a high speed. To see that, you can download nilechain and try trading. It is different to blockchain. With blockchain, if you pay more, your transaction speed is faster and if you pay less, your transaction is in the queue. You can waste 1 minute or 2 minutes, even 1 day or 2 days completing your transaction.

The nilechain takes only 0.0001 seconds to verify when you log in to your wallet after entering your PIN, but with Blockchain, it takes you a minuvete to verify. You can try using 2 wallets at a same time to compare their speed.

Bitcoin is a leading algorithmic currency that has changed the way to bill, storage and increased the transparency in the financial industry. NILECOIN is made on that foundation, that gives the best currency tools to the financial industry. Currently NILECOIN is being widely used in e-commerce. It has been used to integrate the payment system on many major e-commerce websites in Japan and Russia. It shows that NILECOIN is a turning point in the 4.0 industrial revolution, more specifically the financial technology revolution.

We challenge the status quo and transcend the boundaries of today to create an open financial future that supports the broadest global community possible.

We've been told that getting to where we are today would be impossible so we decided we were just getting started.

Our customers should own their financial future so we empower them to "Be Your Own Bank".

Our users come first. Our users' security and privacy are critical to our success and we will not forsake them in service of our ambition.

We build connections with each other and our users by communicating frequently, authentically and openly and we build trust by doing what we say we'll do. We're big on accountability and high standards, but not on unnecessary rules.

We believe we cannot get the big things right if we don't get the little things right first. Sometimes that makes things harder. Luckily, we're ok with hard