[ANN][NIM] - Nimiq - The Browser Based Blockchain

[rngkll]

Last Update: April 2018

IMPORTANT Security Announcement: Nimiq and its team members WILL NOT post security relevant links in any channels or official communication. To be safe from scams and fraud, ONLY trust information or links you find by first going to https://nimiq.com as SINGLE AND SECURE POINT OF ENTRY (manually enter https://nimiq.com in the address bar of your browser window).

Our official communication will always and only ask you to first go to https://nimiq.com and describe where to go from there to perform a certain action

Nimiq
The Browser-based Blockchain

GitHub | Blog | Discord | Telegram | Twitter | YouTube | Reddit | Webpage

 

Overview

As the first blockchain built as native to the web platform, Nimiq lowers that barriers to entry for blockchain technology and makes it significantly more accessible for the mainstream.


Current available cryptocurrencies are complicated to use and counterintuitive for the average person. Further decentralization is difficult if access to blockchain technology is limited to technically skilled people.


 
Nimiq is designed to be used by everybody


Nimiq is the only blockchain created and designed specifically for mainstream adoption.

Features of conventional blockchain that inhibit mass adoption:

• Blockchain data around 100 GB, which means synchronization time could take up to an entire day
• Software installation is absolutely necessary
• At least 10 minutes for transactions and high cost in micro payments

Nimiq is designed with simplicity and mainstream adoption in mind:

Nimiq dramatically reduces the amount of download data required to sync by using NIPOPOWs and the mini blockchain scheme: Nano clients synchronize in seconds with any device that supports a recent Browser. Nimiq is written in JavaScript, which is the native language of the world wide web, so no additional software installation is required.
 

Nimiq Ecosystem

The Nimiq Protocol enables an easy-to-use ecosystem running directly in your browser without the need of installing additional software--in line with our vision of widespread accessibility and adoption.

Miner

The Nimiq Miner can be used by anyone with a modern browser. Browser mining pools provide a steady reward for devices with low hashpower. Installation packages are provided for Windows and Linux.

Safe

The Nimiq Safe is accessible by the web, including support for Ledger Hardware Wallets (in approval process).

Account Avatar

Account avatars (Identicons) help the user visually distinguish one account from another. Each account is identified by an IBAN-like account number that has the ability of detecting misspellings. Both features are designed to protect users from typos and scams.


 

Specifications

• Block time: 1 minute (inspired by the results of "On the Security and Performance of Proof of Work Blockchains").
• Total supply: 21 billion tokens divisible by 10⁵ resulting in 21e14 satoshis, identical to Bitcoin.
• Block reward: Starting from 4405 NIM and decreasing in a curved fashion—inspired by Monero and Cryptonote—until 4000 satoshi have reached. The Remaining NIM will be rewarded in a linear fashion until the total supply.
• Max Block size: 140 kB
• Difficulty adjustment: Each Block.

Nimiq Non-Profit

As established and promised by the creators, there are two accounts vesting over 10 years with 2% and 2.5% respectively of total final amount of NIM:


Nimiq Foundation supporting the long-term financing of the Nimiq project:

Contract Number: NQ09 VF5Y 1PKV MRM4 5LE1 55KV P6R2 GXYJ XYQF

Contract Account Balance: 525'000'000 NIM


Nimiq Charity supporting projects of high social and ecological impact:

Contract Number: NQ19 YG54 46TX EHGQ D2R2 V8XA JX84 UFG0 S0MC

Contract Account Balance: 420'000'000 NIM

[Jcga]

[Coin_trader]

Nimiq

A Browser-based Blockchain



https://nimiq.com/betanet/

Github
https://github.com/nimiq-network

mind to add some information about what you are trying to post, what is this all about?
better to hire someone who will post for you to make a presentable ANN with good graphics and design.

[Doken]

I think it's a very interesting project. I reserve the translation in Spanish if you need it.

[cryptosamurai]

I'm interested especially after seeing the site details since your main post needs some work.
So I'll help you out since I can see there will be many that will find this project exciting.  

I copied down below some of the information from the main site: https://nimiq.com/


Unleashing the Blockchain
World's first Browser-based Blockchain Ecosystem

A Next-Generation Blockchain Protocol
Cutting-edge Blockchain research and web technology streamlined to create an open payment protocol designed to lower multiple barriers of entry.

• Installation-Free
  Native to the Web Platform.
  Written in Javascript ES6, communication via
  WebSockets + WebRTC.
• Sync in Seconds
  Light clients first.
  To establish distributed consensus, the required Blockchain data is less than downloading a song.
• Instant Transactions
  Off-chain transactions scale beyond paying for a coffee.
  They unleash micro transactions and atomic swaps for cross-chain compatibility.

More details: https://medium.com/nimiq-network/introducing-the-browser-based-blockchain-63d408add368

Mining in Your Browser
Discover the network with a single click

Try it now: https://nimiq.com/betanet/

Wallet Without Intermediaries
As simple as sending a text message

COMING JUNE 2017

Effortless Exchange
Taking down the borders between Blockchain and Fiat money.

COMING AUGUST 2017

Roadmap
Quo vadis, Nimiq?

Initial Research + Experiments
July - Dec 2016
Researched state-of-the-art web-based Blockchain technology and recognized the untapped potential.


First Prototypes of Blockchain
January - February 2017
Developed the first proof-of-concept of browser-based Blockchain in only 1000 lines of ES6 code.


Alpha Version of Blockchain
March - June 2017
Excited by these results formed a top-notch team, developed the first feature-complete alpha version, and launched a private Beta Testnet.


Launch Public Testnet + Ecosystem
June 2017
On June 2, launched public Beta Testnet, and the world's first browser-based Blockchain came alive.


Token Sale
June 2017
To fund further development of the protocol and ecosystem we will announce Nimiq's public token sale in June.

Complete Blockchain + Ecosystem
Q4 2017
Implement ASIC-resistance and infrastructure for the Lightning Network and P2P-Exchange. Build a strong community.

Launch Mainnet + Ecosystem
December 2017
Publish the official Genesis Block and launch the official Nimiq Mainnet.

Harden + Expand the Ecosystem
2018
This is where the real fun begins.

[2bfree]

I think it's a very interesting project. I reserve the translation in Spanish if you need it.

How do you know it's an interesting project there is no information about it other then one big picture? Do you have something we dont'?

[Mallyx]

From the medium article:

For simplification purposes the Betanet uses SHA256 as Proof-of-Work algorithm.

The project look interesting, but with a sha256 mining algo, you won't mine for long in the browser.

edit: looks like it won't be sha256 for the mainnet

[p3ppymon]

I think it's a very interesting project. I reserve the translation in Spanish if you need it.

How do you know it's an interesting project there is no information about it other then one big picture? Do you have something we dont'?

Fully quote.
Is there any road map? Future development?

Info on website.

@Dev

In order to mine: it is a question of just click "mine" and that's it?

[Jcga]

French translation and Ann. thread Mod reserved

All my best guyz, Vive Nimiq !

[eureka]

Nice！

you shuold give your website url here：https://nimiq.com

很好！

你应该把你的网址公布出来：https://nimiq.com，不然大家都不知道怎么回事。

If you need Chinese translation, I can help.

[chris190]

Now, the blocks are real or are on a Testnet?
Can i mining and then exchange (in august) or not?

[Cloudpost]

I reserve russian translation. Looks like interesting project. I remember that long time ago I saw similar idea somewhere here on the forum...

[pynetx]

Hindi Translation if needed.

Now, the blocks are real or are on a Testnet?
Can i mining and then exchange (in august) or not?

Nope.


Disclaimer on their testnet page:
You are connecting to the Nimiq Beta Testnet. Testnet Mining does not create permanent Nimiqs.
The Testnet and your Nimiq balance may be reset at any time until the release of the Nimiq Mainnet.
Note that mining on mobile devices drains your battery.

[chris190]

Now, the blocks are real or are on a Testnet?
Can i mining and then exchange (in august) or not?

Nope.


Disclaimer on their testnet page:
You are connecting to the Nimiq Beta Testnet. Testnet Mining does not create permanent Nimiqs.
The Testnet and your Nimiq balance may be reset at any time until the release of the Nimiq Mainnet.
Note that mining on mobile devices drains your battery.

Ok, thanks

[Mgrover]

Is there is any bounty. ico or pow

[dishku]

This project is looking very impressive with professional people in team. Nimiq has an interesting concept where I can find complete details about this ICO and you will offer any bounty campaign regarding this to promote this.

[johnnymark_]

It's not working, but an interesting project

[Watanabe1505]

Is there any plan to open bounty?

[Peao]

very nice project. it's very important for you to be the first in this area. Turkish translation reserved (ANN, Whitepaper, web)

[truimpheriues]

is good browser
but is without create new altcoin is good post in service disscusion or service announcement section
what is advanatege use nimiq browser is compare another browser