/biz/ - Business & Finance

>accumulate
How? Its still in testnet only.. stupid pajeet hehe

>>7455135
There are tokens from the ICO, they are called NET.
1 NET=100 NIM

this looks amazing, I don't know how it slipped under my radar!
And it has a fkin testnet live, a solid start, reminding me of the pre-ether days when developers had to have wallets ready before launch...
Thanks anon, I will dig into that

>>7454993
It's just a browser-based light client
Their backbone nodes are running nodejs lol
They don't have atomic swap and LN, they just support the necessary transaction type. Still needs someone to write all the code.
>Mining SHA256 in browser javascript
They're saying a couple hundred kilobytes for headers, meaning either they're idiots who didn't check what a few years worth of headers would look like, or they're planning to prune old headers, relying on exponential increases in hashrate and therefore necessarily price, forever.
What a shitcoin

>>7455492
>It's just a browser-based light client
You realize this is a meaningless observation right? It's like saying "the grass is green".

>>Mining SHA256 in browser javascript
And that's how I know you are just talking shit out of your ass, they are using Argon2.

>>7455615
>meaningless observation
My point is that this is nothing innovative. They're claiming to be "A Third-Generation Blockchain Protocol", but there's no significant change to their blockchain model, it's just all in javascript now.
>Argon2
I got that from their "white paper" (which is of course nothing of the sort) https://medium.com/nimiq-network/nimiq-a-peer-to-peer-payment-protocol-native-to-the-web-ffd324bb084
They were still on sha256 when that was written. Maybe they've actually switched to something better since.

Perhaps I was overly harsh. This is far from the worst shitcoin on the market. But fundamentally all it's offering is an accounts-model light client written in javascript.

>>7455826
>it's just all in javascript now.
So? It's the only blockchain based payment protocol which is directly usable from a web browser being for transactions or mining, no need to reinvent the wheel.
All the other cryptos ask you to manually install a mining client/wallet or go through a third party in order to use them.

Imagine if you had to install a 4chan.exe or an app to browse it? How shit would it be? How many people would do it?
Well cryptocurrencies are shit exactly for the very same reasons these days, normies are too retarded to manipulate cryptos in their current form, Nimiq is a gamechanger.
Also it offers crazy opportunities of monetization and micro-transactions, see how many websites installed Coinhive despite being some centralized malware shit contrary to Nimiq.

>made by Swedes

Memes aside, I'm Danish. I've yet to know tech savvy Swedes who didn't deliver.

Will check daily for mainnet release. I want in.

>>7456195
It's made by krauts.

>>7456540
Even better, then.

I unironically know one of the developers.

>>7454993
what does it do?

>>7456648
Developers have the good amount of autism.
I vetted the team a lot and the three real good programmers are Wissfeld, Styp-Rekowsky and Berrang.
Their Angel Investor/business guy made a fortune selling Moodlogic back in the dot com bubble so he isn't some noob wannabe Jobs.

So the current site is just a test run? No way of actually mining coins right now?

>>7457088
I’ll tell styp you like him :)

>>7454993
>This will be the coin that will bring cryptos in the mainstream, you have one last month to accumulate, don't fuck this up anon.

No, it isn't. It's some worthless shit Javascript coin. Fucking Node.js bullshit.

>>7455492
>They're saying a couple hundred kilobytes for headers, meaning either they're idiots who didn't check what a few years worth of headers would look like, or they're planning to prune old headers, relying on exponential increases in hashrate and therefore necessarily price, forever.

Nah, they run three concurrent chains, basically the main chain is between the serverside Node instances, and the medium & light chains are sidechained. I know this because I read the source a month or so back, to answer this exact question.

Which is literally the ONLY interesting thing about it, and still fucking worthless.

>>7457938
Got any links for that? Technical details are thin on the ground.

>>7457892
>>7457938
worthless? how? it's got a 30mil market cap, dogshit like tron, btc gold and etc are in the billions. this is clearly undervalued

>>7458226
They just released their documentation yesterday.
https://nimiq.com/developer-reference/

>>7457892
Not a single argument in this post outside of repeating "worthless".
Anyway I am confident this will absolutely explode once normies will have a contact with it.

I led an experiment during Christmas and everyone loved it, even the hick that my uncle is managed to use it and my normie gf had the normiest reaction when she showed me the coin she was rewarded on her macbook.
They were just sad once I told them that the coins were not the "real ones" and it was just a testnet.

These people would have never been able to use Bitcoin or Ethereum without heavy help from my part but with Nimiq they got it in 30sc.
It's the only project with an apple-like approach where they try to progress not on the back end but on the front end, everything else is nerdfest and that's why 95% of them will fail and Nimiq will win.

>>7454993
this sounds retarded, good luck

>>7460169
if you look at the team's bios Nimiq is definitely a nerdfest, but a professional one and not some basement dwellers withdrawn from reality

also any web "developer" will be able to integrate this into their website with npm