Nimiq Browser-based Blockhain - video of making a payment

in #nimiq7 years ago

Nimiq Website

In this video, I show you a payment made through the Nimiq browser-based blockchain. Nimiq is a new blockchain application aimed at accessibility and ease of use. Simply point a browser to the Nimiq page, connect to the beta network and start mining your Nimiq tokens.

Example payment from PC to phone

Paying via Nimiq is easy. No installation required, just open your browser, connect and look up the address of the wallet. You can receive payments instantly from someone who has already obtained Nimiq tokens through mining. The video shows how a payment is made from a browser on PC to a browser on a mobile device.

Further details

The specification of Nimiq tokens is as follows:

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

The Nimiq team expects to go live in Q4 2017. For more information, visit the Nimiq webpage

For more posts about Nimiq on Steemit:

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