Post
Topic
Board Announcements (Altcoins)
Re: [ANN][NIM] - Nimiq - The Browser Based Blockchain
by
Nimiq
on 30/05/2019, 10:53:49 UTC
Greetings. And what is the main purpose of the platform? Curious to know more about it

Hi!

The purpose is payments. Try it our here and you'll see is the easiest payment experience while at the same time enabling you to connect directly to the blockchain network from your browser, running a Nimiq node.

You are just lying. Running a Nimiq pico/nano node. Not a full node.

Exactly, running a pic/nano node. Thanks for the addition dear friend.

Nano Nodes
Nano Nodes are the preferred node type for Browser Clients, since they require less data to be downloaded (~ 2MB) in order to establish consensus.

Similar to light nodes, they determine the current state of the blockchain using NIPoPoW, but then only download block headers and the minimal amount of information related to its own accounts. Once the correct state has been worked out, i.e. consensus established, account balances can be cryptographically proven to this type of node.

Pico Nodes
Similar to the Nano Node, the Pico Node uses the Accounts Tree and account proofs. But instead of syncing block headers using NiPoPoW, it will first test if all its peers are on the same head hash (or a neighboring hash) and, if that is the case, it will accept that head as the correct one. This is also referred to as an optimistic approach. Only if it receives incompatible head hashes will it fall back on the nano consensus.

The pico consensus is the latest development and is expected to replace the nano consensus as new default as soon as it’s fully established.