Nimiq is a frictionless peer-to-peer payment protocol for the World Wide Web. It is a third-generation Blockchain protocol combining elements of Bitcoin and Ethereum, streamlined for the web platform.
What is special about Nimiq?
The main focus of Nimiq is to lower the barrier for the mass to adopt cryptocurrency. As it is browser based, there is no installation required. Being a light client, the blockchain data is less than downloading a song for quick consensus -- allowing it to sync in seconds. It also aims to do instant transactions to scale for micropayments.
What are the tokens for?
Nimiq will be creating a blockchain of its own where browsers can do mining. The tokens will be used to exchange with the mainnet tokens when Nimiq is launched, around late 2017.
Who is behind Nimiq
Founder Robin Linus is an experienced web developer. He claims to have found vulnerabilities in Google and Twitter. Other members in the team are AI, security, mobile and javascript expert. With the funding from this ICO, they would have enough money to hire more developers to finish Nimiq.
Analysis and Conclusion
Nimiq will be the first to be entirely based in the browser. Thus, I felt there is great potential in this project in the long term. Hold Nimiq tokens till probably next year to gain the full returns.
I totally agree with the possibility of a quick expension. The browser-based idea is great.
People'll start mining at their job with free electricity.
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