Post
Topic
Board Announcements (Altcoins)
Re: [ANN][TGE] NIMIQ - A BROWSER-BASED BLOCKCHAIN
by
rngkll
on 11/08/2017, 04:24:03 UTC
Can someone tell me what this project does uniquely that other coins dont already do? Are the developers behind this project this best to work on this project?

Is the only [Suspicious link removed]pletely designed Browser-based to achieve real simplicity in Blockchain Technology. Our Browser-based approach aims to lower barriers of entry for users, developers and merchants.

Users: Browser-based means that it runs completely in your Browser without any installation required (check Betanet). The first time you open a Nimiq Wallet with your browser, it will create and store a wallet securely in your Browser. Yyou can export/import your keys. The only way of erasing them is by removing the offline data of your Browser. It also make possible features like Cashlinks: Transfer Nimiq within a simple URL that you can send in WhatsApp, Telegram, SMS, etc. The users who opens the link will be redirected to his very Browser Wallet and NIM will be added to his Balance.



Developers: The code for the Nimiq Blockchain is public and completely written in Javascript. This way most developers are empowered to build applications using Nimiq. Nimiq will validate the security of community applications but we encourage community memmbers to contribute. Some examples of community applications: Nimiq Faucet, Nimiq Block Explorer, Nimiq Chrome Extension.

Merchants: We plan to create an entire Ecosystem of applications that will make it easy for any Merchant to accept Nimiq. One of the core applications of the Nimiq Ecosystem is the Peer-To-Peer Exchange which aims to serve as a frictionless platform to easily get in and out of Nimiq. Check our Blog for more.

How secure is Nimiq since it runs on a browser? Online wallets are already known for being un-secure so how will handle security?

Very secure. There is no comparison whatsoever between an online wallet and Nimiq's Browser Wallet. An online wallet like MyEtherWallet lets you connect to an Ethereum node through their webpage. With Browser Wallet you are running a Nimiq Node in your Browser so you are not connecting to any third-party application to join the network, you are joining the network right in from your Browser:).