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

[natecaviar]

It's an operational Blockchain, you could possibly trade those.

[rchstr]

I want to reserve filipino translation.

[limmousine]

Fantastic, new technology is very simple, I keep following your project and wait for the next plan. Good luck

[nomadicmadman]

Sounds like an interesting concept. I mined a bit and sent it to another address. It worked like a charm and was quite quick. 

[Quartx]

OP has the time to reply to easy comments but have no time to explain how Nimiq is going to stop miners from writing optimised C code to mine nimiq instead of depending on a browser.

[UrsaMajorisBeta]

Guys i've seen your videos and tested the simplicity of your web based coin. You have a really good vibe there. I reserve the whitepaper translation to Spanish if you need it

[tp48221018fuh]

wtb buy  nimiq  pm me

[UrsaMajorisBeta]

wtb buy  nimiq  pm me

The mined tokens are testnet only, be careful of sellers at this point.

[topesis]

I have not lay my hands on the browser, and all I see is good project like comments, as anyone try out the browser and how fast is it, because for me speed is a good criteria to rate a browser

[Kenway]

when i see this word "Your Mom Can Use It" ,i suprised  , hope dev not kidding me . i think if this brower can mine coin will be very nice not by sha256

[szafa]

I am buy when mainnet launch.

[bitwonder]

I am buy when mainnet launch.

they going to have ico in a few days. the mainnet launch after ico

[aikklond]

every platform fast, high quality, reliable, and is supposed to be a simple browser. now they want to ensure users can easily access. I hope this can meet your needs. https://nimiq.com/betanet/

[tobiaslins]

Looks great! Keep up the work! Subscribed/Followed everywhere 

[puvanb]

Watched the vlogs. Pretty bright team and you have this trust level, which i guess is why you guys made the vlogs. Wish you guys luck and lets see where Nimiq moves the market.
 
 

[cryptosamurai]

Nimiq
Blockchain Technology Made So Simple, Your Mom Can Use It

Check out the Betanet miner

Betanet | GitHub | Medium | Telegram | Twitter | YouTube | Reddit | Webpage

 
Overview
 
As the first blockchain built to be native to the web platform, Nimiq intends to lower barriers of entry for blockchain technology, and make it accessible for mainstream use. With an operational betanet already live, users can experience how simple it is to mine inside a browser - installation free. Nimiq is making blockchain technology as accessible as the internet, with a vision to truly decentralize the web.
 
Current available cryptocurrencies are complicated and counterintuitive for the average person to use. True internet decentralization is impossible if access to blockchain technology is limited to only the technically oriented people. Until blockchain can be picked up with general recognition and general usage, its true power remains unrealized.
 
Nimiq is designed to be used by billions

The key to the development of Nimiq is in its unique blockchain protocol, it is the only blockchain created and designed specifically for mass 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 designed with simplicity and mass adoption in mind:
Blockchain data is compact in 1MB because of mini blockchain scheme. Synchronize in seconds with any device
Written in JavaScript, which is the native language of the world wide web. So no additional software installation is required
Instantaneous transaction time with off-chain transactions implemented in the Nimiq protocol
 
Ecosystem

The vision of widespread accessibility and adoption is completed through the ecosystem enabled by this protocol. A miner interface in which anyone can use with any browser on any device; A browser wallet made even more accessible than the web wallet; and a global, web-based p2p exchange that makes exchanging Nimiqs into local currency easy, fast and cheap.
 
Infinite Possibilities

The Nimiq Network empowers the developer community to create groundbreaking applications by effortlessly integrating the open source npm package into a wide variety of applications. Some examples include:
 
1. Webmasters can easily embed Nimiq Network’s Light Clients into their webpages. Content Providers can monetize the time users spend in their site by mining Nimiq with their device’s unused processing power while they browse through the content
 
2. Decentralizing peer-to-peer web services such as Facebook, Twitter, etc.. By using Nimiq’s blockchain protocol as the backbone of the integrity of databases
 
3. Timestamping documents with ease - usability improved significantly beyond other blockchains
 
To fund further development of its mainnet and ecosystems, the team will announce a token sale in June 2017.
 
 
Specifications

• PoW algorithm: Betanet: sha256 in / Mainnet: a memory hard POW
• Max supply: 21 Mio NIMs / 1 NIM = 10^8 "satoshis"
• Block reward: just like Bitcoin --  halving every 2016 blocks
• Block time: 60 seconds in Betanet  
• Difficulty: Retargets every 10 blocks

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

I'm very happy to see the main ANN post was updated with all the project details.

If this performs as designed, it's going to be major shift in mining coin and I hope you are not only think about it just for Nimiq. But adapting/licensing this tech for other cryptos.

[kalisto]

interesting project! will play with the testnet when i have some time this weekend

[CORNEL]

This looking very interesting project it's nice to give try to beta test. I hope this tech will be more interesting future when this network will get launched after a successful ICO.

[EuroLine]

Halving every 2016 blocks is so fast.

[bustomi]

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

you are right, also if the browser just different in that name and dont have special feature, it means this browser just like another browser