Announcing The Nimiq Network Token SaleStarts on June 28.We wanted to wait until our team had addressed all open technical issues that surfaced since launching the Betanet before engaging in this next step. The token sale is scheduled to start on June 28 at approximately 1PM UTC and will last 4 weeks until July 26. We will reveal more details on Thursday and publish additional relevant documents over the next number of days. You can also take a look at Robin Linus’ Whitepaper or if you have not tried it yet run our Betanet Miner. Check also our Blog for: We will keep you informed with new updates!
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Finally the starting date for ICO has been announced 28th of June. That means we have roughly one more week. That ICO tracker site is looking good and very helpful but it was good if it was announced at the same time in this thread as well to save the people their time.
Please make sure to follow us in our oficial channels so you don't any information. All official announcements are published in our Blog. But an official announcement in this thread is a good idea  . |
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You should add your Slack at the OP..
Thanks for noticing! Added our Slack and WeChat channels. |
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I've been messing around with betanet for a bit. And it seems a bit wishywashy.
On my iPad I get a higher hash rate, at least 30%, than on my iMac - both safari. When using Chrome the hash rate simply destroys that of Safari.
Did you distribute information regarding what hardware to use, what software to use, what required or optimal setting are, what approximate processor power will be, etc? If so I can't seem to find it.
Also, this betanet will be much alike the real thing, only it'll reward 5 instead of 50 NIM per block?
Thank you!
This is exactly what I want to know too! Right now it uses a SHA256 PoW algorithm where it uses your CPU. But it will change in the Mainnet, we are researching memory-bound algorithms where memory latency will be one of the key aspects of the mining process. We will publish all of our progress in our Blog. |
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I mined a bit for the beta network. What can I do with the 50 coins I earned there? Can I exchange them or better safe them or are they useless at all?
You can visit our Telegram or Slack groups and ask for some more Nimiq, maybe contribute a little longer and get some more. We are rewarding Betanet contributors that gather 1000 Nimiq with a T-Shirt |
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botnets are going to be all over this... i dont see a way to block them  what about simple spyware, infected browser with corrupted homepages, those sad slaves will give it everything they got... That's my concern. If websites start embedding the miner then I imagine popup blockers or even the browsers themselves will take steps to prevent the function of this coin. If the wallet/transaction system is separate that wouldn't be the worst thing. But if they aren't it'd remove the main purpose of the coin. The main purpose of Nimiq is not to allow people to mine using their browser but to allow new comers of Crypto begin doing commerce without any installation just by opening a webpage. It is just a demo of the possibilities and potencial of the Nimiq Technology and the Nimiq Team, by no means is intended as a final product. We have much ahead in our roadmap, the Betanet is only a taste of what's to come . You can check more information about our plans in our Youtube Channel and our Blog |
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maybe because it's still beta the mining hash looks fast or.. extremely new tech and Innovation, but how can we backup our account balance ? I couldn't find the priv key or some kind of it
if you are using chrome then the wallet might be stored in %localappdata%\Google\Chrome\User Data\ i couldnt find it either, i guess the betanet is not designed to move/backup the wallet What steps are going to be put in place to prevent the hashrate being eaten up by botnets?
If the plan is to allow websites to bundle the code into websites what steps will be taken to ensure Chrome/Firefox/IE from blocking the javascript as malicious?
botnets are going to be all over this... i dont see a way to block them what about simple spyware, infected browser with corrupted homepages, those sad slaves will give it everything they got... If you are using Chrome the wallet is stored with WebStorageAPI using IndexDB. With the Browser-based approach we aim at ease-of-use and mass adoption. In comparison to conventional cryptocurrencies, this browser-first approach lowers barriers of entry by orders of magnitudes for developers, customers and merchants. The technology to connect to a Blockchain network just by using a light client in your Browser (or a server with NodeJS) without any installation required is revolutionary and will create a new niche of applications over the Internet. We don't mean to provide or own every tool Nimiq-related, we intend to create an Ecosystem of applications and a strong community that benefits from it. |
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How can transfer my wallet from one PC to another?
Mining is on block 7919. is it test project?
Why would you do that? Everything that is being mined at this stage is appearantly useless. It has 0 value and all you have in your wallet will be reset before or during their ICO or something. So you are wasting your electricity power and hardware for nothing. It is true that the current Betanet Nimiq are just for testing purposes only and hold no intrinsic value since they will be reset once the Mainnet arrives. However if you feel like contributing by testing our Betanet and you happen to gather some Nimiqs along the way we are rewarding Betanet Miners that help us test our Blockchain. After our Token Sale due June 28th takes places, we will also publish a Nimiq Address for you to send your Betanet Nimiq, by sending 1000 Betanet Nimiq we will collect your data and send you a Nimiq T-Shirt  . |
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@Dev, thanks for the prompt replies.
What entities will be in control of the domain and web application used for mining, once the mainnet is pushed?
Hi Great question! It should be asked before. Anyway I also would like see the answer from dev or anyone responsible for that! And the issue is important for everyone wants to get in with first ever browser based mining system in cryptocurrency project. Thanks! The Nimiq Blockchain is a fully-decentralized Network and we encourage devs to check our GitHub repository and create your own browser-miners, wallet applications and whatever interesting use case you can find for Nimiq. The Betanet Miner is just our Demo of how Nimiq Blockchain technology works what you are able to do. The rest is up to the community; with the help, support and guidance of the Nimiq Team of course . |
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Hello everyone, correct me If I am wrong. Did I understood it right. You mean using NIMIQ we can monetize any person's computer using their browser thru mining? Will it work to any type of browser? Even mobile browser?
Yes, go ahead and try our Betanet. We plan to release our Mainnet in December with significant improvements like increased connection time (by lowering the required connection data) and instant low-fee transactions. |
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A lot of power. That's why the price can be stable. Traders are a necessary work-force that keep things under the markets control.
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Lo mas parecido por ahora es comprar giftcards usando BTC y luego gastarlas en Amazon/Ebay. Creo que primero va a suceder que se paga con Tarjetas VISA que usen BTC.
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I'm following ur twitter account. Hope to see updates in the future.
Thanks, make sure to check our Blog for future documentation. You might also enjoy our youtube channel as well  |
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Fuck Tesla, I rather buy a GTR, Elon Musk and his idea for a basic income would lead to pure government dependence more than any communist country ever dreamed of.
Getting out off topic there . I could use a Tesla if someone doesn't want one. |
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I think is a great idea. One of the great thing of Crypto is that it is Borderless. You could take your BTC anywhere without worrying in going to a local exchange everytime. Now you can take BTC and search for localbitcoins everytime  |
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Hell guys,
can you give me a hint what hardware should we look for in the market now, to make the mining process profitable when the main net lauches? "PoW algorithm: Mainnet: a memory hard POW" (6GB gpu-s, antminers, sthg like that?)
Thanks! Really interesting project you put together guys!
Thanks! We currently use SHA256 in the Betanet and are still doing some tests with different memory-bound PoW algorithms regarding efficiency and support. On memory-bound hashes, the mining speed is bound by the memory latency. GDDR5 memory on latest graphic cards does not have a relevant latency benefit (if at all) compared to DDR3/DDR4 which is used by the CPU. We'll have to try it out, but our target is to be solely memory-latency-bound because this will reduce power consumption of miners (basically putting your CPU into waiting for memory most of the time). We are confident we will make the right choice for the final Mainnet PoW and we'll update it here for you to take in consideration. |
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What percentage of coins will be distributed during ICO?
We are defining the last details of our Token Sale Terms. We will update it here when ready. You can follow us in Twitter to stay updated with official announcements. |
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what is the hashrate those running betanet getting?
The hashrate in the Betanet comes from using a single CPU from your computer. We are working in supporting multi-threading and will have it working soon. |
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I have read te available documentation but cannot find how wallet backup works. I found that opening a browser, connecting to the Beta network, showing the wallet, closing the tab and doing this again by opening a new tab does not change the wallet address.
Will the wallet also be saved if I close the browser completely? And how does making a backup of the wallet or importing it on another device or using a different browser on the same device work?
It would be helpful to flesh this out for the Beta testers.
Sure, we are planning a export/import tool. For now you can type Nimiq.get().wallet.keyPair.toBase64(); (cf. our API doc) in your Javascript console that you can open with F12 to export your private key. If you clear your Browser History your private will remain the same. The only thing affecting your wallet is clearing offline website data. Browser wallet is an easy-to-use pocket-money wallet that allows to start using nimiq immediately without the need of any installation. This intends to lower barriers to new comers into the Crypto World so they start using it easier. Security is a very important aspect of our project so we are also planning other wallets like paper wallets and cold storage. We are preparing a Q&A blog post and video for our youtube channel so stay tuned for that and keep sending your questions |
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