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

[Nimiq]

VLOG Update: Join The Nimiq Community

In this VLOG we invite you to our Community. We also provide a tutorial for non-coders to benchmark your Nimiq Miner and join our community in Discord by sending your first commit using GitHub. This will automatically show your benchmark on our community website htps://nimiq.community and you'll be able to join our active community as a Nimiq_Sushi, the first rank in our Nimiq Guild.

[rahmad2nd]

You should really join the Telegram Nimiq channel, lot's of people there that can quickly answer your questions, specifically about the process from NET to NIM.  I just did the process and I am set for the mainnet launch

that's right, they are active in telegram channels and have spare time to answer questions
this is great because we can confident to them, i think they always want to give the best to all participants
we wish the project team can be consistent

[cromagnon]

..... Can you be explicit please what are the consequences of NOT activating now, so the community can make better decisions?

Thank you.

YES PLEASE!

Check my latest post above 

Thanks for your answer. IIUC the consequences for not activating now, assuming you have passed KYC process, are simply:

a) delays in activation of tokens due to manual effort
b) not being reflected on the Genesis block

Correct?

[Nimiq]

..... Can you be explicit please what are the consequences of NOT activating now, so the community can make better decisions?

Thank you.

YES PLEASE!

Check my latest post above 

Thanks for your answer. IIUC the consequences for not activating now, assuming you have passed KYC process, are simply:

a) delays in activation of tokens due to manual effort
b) not being reflected on the Genesis block

Correct?

Yes.

[Nimiq]

VLOG Update: NIM Activation Step-by-Step Walk-Through

In this VLOG we make a quick review of our first meet up with community members from Costa Rica, the country where we started building Nimiq.



A step-by-step walk-through of the NIM Activation Process for NET Holders. Read our Medium Blog for written instructions and security relevant details in our blog post

If you have any questions visit us on Telegram or Discord.

Official Website | Community Website | Miner | Wallet | Documentation
Blog | Discord | Telegram | Twitter | GitHub | Steemit | YouTube

[Scooby903]

What about if nimiq is on exchange (Liqui) will they do transfer automaticaly or we need to do it manualy and transfer it from there?

[rapi]

At least someone is bringing attention to this project is something about KYC. And I'm sure the market will not be shaken, the market will be all right.

[wfsovereign]

I try it.

but the hit is no more available coin. I feel sad

[F2b]

Hey Nimiq guys, you suggested to wait for NIM and NET to be both listed on an exchange in order to avoid the KYC.
However there is a big problem: if we do this, we will get almost nothing, since nobody will buy the old token its value will just drop. 

[cromagnon]

Hey Nimiq guys, you suggested to wait for NIM and NET to be both listed on an exchange in order to avoid the KYC.
However there is a big problem: if we do this, we will get almost nothing, since nobody will buy the old token its value will just drop. 

I am not from the Nimiq team.

- they would never openly suggest how to bypass the KYC, to not be liable.
- post-mainnet, the NET price will have as floor (and presumably as ceiling too) the conversion rate price 1 NET = 100 NIM. There will likely be arbitrage above/below the conversion price by everyone and their dog.

[F2b]

Hey Nimiq guys, you suggested to wait for NIM and NET to be both listed on an exchange in order to avoid the KYC.
However there is a big problem: if we do this, we will get almost nothing, since nobody will buy the old token its value will just drop. 

I am not from the Nimiq team.

- they would never openly suggest how to bypass the KYC, to not be liable.
- post-mainnet, the NET price will have as floor (and presumably as ceiling too) the conversion rate price 1 NET = 100 NIM. There will likely be arbitrage above/below the conversion price by everyone and their dog.

Oh sorry I forgot that the conversion would continue after the mainnet launch, so I didn't think about arbitrage. Thank you for your answer 

[Blocktree]

The mainnet live?

[F2b]

The mainnet live?

What do you mean?

[GröBkAz]

Does anyone here heard about Skypool.org and is it validated by nimiq team

[cromagnon]

The mainnet live?

No. End Q1 is the latest news.

[mrhans]

The mainnet live?

No. End Q1 is the latest news.

With "the kyc thing" and the non existing effort of the team for very very simple things like changing the title of the thread for the targeted launch date of the mainnet I'm not very optimistic actually

[Nimiq]

Hey Nimiq guys, you suggested to wait for NIM and NET to be both listed on an exchange in order to avoid the KYC.
However there is a big problem: if we do this, we will get almost nothing, since nobody will buy the old token its value will just drop. 

I am not from the Nimiq team.

- they would never openly suggest how to bypass the KYC, to not be liable.
- post-mainnet, the NET price will have as floor (and presumably as ceiling too) the conversion rate price 1 NET = 100 NIM. There will likely be arbitrage above/below the conversion price by everyone and their dog.

Exactly we never suggested that.

What a great community we have, thanks for the help cromagnon 

[Nimiq]

Does anyone here heard about Skypool.org and is it validated by nimiq team

It is not official. It is a project developed by one of our community members and we haven't officially validated it. You can see other community projects in https://nimiq.community/projects, these projects are developed by our community, we appreciate the support from our community and encourage more users to contribute existing projects or start their own. However, these projects and are non-official and if you choose to use them we advise you to be careful since we are non-responsible for them.

If you want to use official apps trust only in https://nimiq.com

[Nimiq]

The mainnet live?

No. End Q1 is the latest news.

With "the kyc thing" and the non existing effort of the team for very very simple things like changing the title of the thread for the targeted launch date of the mainnet I'm not very optimistic actually

Thanks for the suggestion!. I completely forgot about the title of the thread, but it is now fixed. I hope instead of focusing on those very very simple things you can focus on the very very complex things we are working on  

Really sorry you find KYC inconvenient, we feel we are being responsible and safe by proceeding this way and this will in the medium-term this will increase our chances of achieving Mainstream adoption of our web-native, Blockchain-based payment protocol.

[rngkll]

What about if nimiq is on exchange (Liqui) will they do transfer automaticaly or we need to do it manualy and transfer it from there?

No. Liqui will not activate your NIM for you. You have to do it yourself!.

We strongly recommend you withdraw your NET to your OWN Ethereum wallet and then use that wallet to activate your NET.