[ANN][NIM] - Nimiq - The Browser Based Blockchain - page 147.

rngkll

full member

Activity: 154

Merit: 100

Quote from: Scooby903 on August 11, 2017, 01:01:57 AM

Quote from: rngkll on August 11, 2017, 12:28:07 AM

Quote from: ?? on ??

I look forward to mine that coin! I'll be mining some NET, but they are not worth anything! But expectation for this project is the best! When will the true mining begin? Or will the testing phases end?

Just to be clear. Right now you can mine BetaNIM from our Betanet but these are for testing purposes only. The first NIM will come from the NET Tokens sold in the Token Sale. When we launch the final version of our Blockchain you will be able to mine real NIM and not BetaNIM. We plan to launch the Mainnet December 2017.

When NIM gets launched on December, what will happen to NET? which is currently trading at exchanges

Will it get auto convert like ANS ---> NEO

It can't get auto converted. NET Token is an ERC-20 Token which means it exists in the Ethereum Blockchain. NIM exists in the Nimiq Blockchain (which we are still developing, you can try the Beta version but the NIM are for testing purposes only). So in order to redeem NIM using NET, NET holders will use a web tool to receive a private key for a wallet in Nimiq Blockchain. This wallet will be hardcoded in the Genesis Block of the Nimiq Blockchain with the according NIM Balance (10 NET = 1 NIM)

ecke

full member

Activity: 331

Merit: 125

Scooby903, they said:
Before we launch the final version of the Nimiq Blockchain we will provide an easy-to-use web application to swap your NET for NIM

Scooby903

hero member

Activity: 896

Merit: 500

Quote from: rngkll on August 11, 2017, 12:28:07 AM

Quote from: ?? on ??

I look forward to mine that coin! I'll be mining some NET, but they are not worth anything! But expectation for this project is the best! When will the true mining begin? Or will the testing phases end?

Just to be clear. Right now you can mine BetaNIM from our Betanet but these are for testing purposes only. The first NIM will come from the NET Tokens sold in the Token Sale. When we launch the final version of our Blockchain you will be able to mine real NIM and not BetaNIM. We plan to launch the Mainnet December 2017.

When NIM gets launched on December, what will happen to NET? which is currently trading at exchanges

Will it get auto convert like ANS ---> NEO

rngkll

full member

Activity: 154

Merit: 100

Quote from: ?? on ??

I look forward to mine that coin! I'll be mining some NET, but they are not worth anything! But expectation for this project is the best! When will the true mining begin? Or will the testing phases end?

Just to be clear. Right now you can mine BetaNIM from our Betanet but these are for testing purposes only. The first NIM will come from the NET Tokens sold in the Token Sale. When we launch the final version of our Blockchain you will be able to mine real NIM and not BetaNIM. We plan to launch the Mainnet December 2017.

rngkll

full member

Activity: 154

Merit: 100

Quote from: CJ_900 on August 10, 2017, 08:10:59 PM

Quote from: rngkll on August 07, 2017, 12:09:31 AM

Quote from: dongqiang on August 06, 2017, 10:57:33 PM

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:).

CJ_900

newbie

Activity: 24

Merit: 0

Quote from: rngkll on August 07, 2017, 12:09:31 AM

Quote from: dongqiang on August 06, 2017, 10:57:33 PM

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.

https://nimiq.com/static/images/wallet_ui.gif

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?

metallicelmo

sr. member

Activity: 882

Merit: 252

I also used the ICO to get some tokens, even though the price went down, I still believe that looking at this long term is the way to go. I cannot believe the price will fall when this launches.. 21 million coins total is a good number I think. This crypto is the most easy to use ever. Just share a link to your friends and they are using it instantly. That will be the game changer I think. I'm buying NET for sure at this moment.

rngkll

full member

Activity: 154

Merit: 100

Quote from: tyson187 on August 10, 2017, 04:47:21 PM

Quote from: rngkll on August 10, 2017, 03:25:49 PM

Quote from: tyson187 on August 10, 2017, 01:42:00 PM

Quote from: TronQuix on August 10, 2017, 01:17:18 PM

super super super pumped on this project. great idea. would love to have gotten in on ICO

You dodged a bullet with this ICO , no one is happy right now who participated in the initial ICO ( myself included) .

The price of net/nim is more than three times less than the ICO price and it could go even lower .

they made over 15 million dollars and net is still only on the shity liqui exchange after 4 weeks.

I wouldn't say no one is happy. Maybe you're biased because you were expecting to sell quickly at a higher price. If you check our Telegram and Slack groups you'll see how most of the community believe in the team and our vision so most of them are actually using this opportunity to get more NET at a cheaper price.

There are also a lot of FUD spreaders that want to drive the price further down to buy and hodl even more NET... maybe you're one of them Shocked

thanks for accusing me of being a " FUD spreader " , apparently you can´t tell the truth here without being labeled Roll Eyes

in order for you and your friends to get more cheap tokens someone has to sell at a loss ,all the initial ico investors can´t get even 30% of their money back,

enjoy your cheap net , I know it was stupid from me to buy it at the ico .

Didn't mean to accuse you. I was just trying to make a joke

. Sorry if it felt like an attack it was not my intention.

I don't think it's stupid to be an early contributor to the project. Thanks to you the project can be developed and I think it has great potential. Yes, the current price is lower than the price during the Token Sale, but it is not true that everybody is unhappy.

sylance

full member

Activity: 392

Merit: 102

Sucks for the ICO people, but for those who really believe in the project they could buy some more... although it might be difficult to buy even more when you feel like you've lost 70% of your value. I ended up getting a tiny bit on Liqui but I have the same questions as others; do I buy now or wait for the token exchange. That alone is driving some people away.

tyson187

hero member

Activity: 644

Merit: 500

Quote from: rngkll on August 10, 2017, 03:25:49 PM

Quote from: tyson187 on August 10, 2017, 01:42:00 PM

Quote from: TronQuix on August 10, 2017, 01:17:18 PM

super super super pumped on this project. great idea. would love to have gotten in on ICO

You dodged a bullet with this ICO , no one is happy right now who participated in the initial ICO ( myself included) .

The price of net/nim is more than three times less than the ICO price and it could go even lower .

they made over 15 million dollars and net is still only on the shity liqui exchange after 4 weeks.

I wouldn't say no one is happy. Maybe you're biased because you were expecting to sell quickly at a higher price. If you check our Telegram and Slack groups you'll see how most of the community believe in the team and our vision so most of them are actually using this opportunity to get more NET at a cheaper price.

There are also a lot of FUD spreaders that want to drive the price further down to buy and hodl even more NET... maybe you're one of them Shocked

thanks for accusing me of being a " FUD spreader " , apparently you can´t tell the truth here without being labeled Roll Eyes

in order for you and your friends to get more cheap tokens someone has to sell at a loss ,all the initial ico investors can´t get even 30% of their money back,

enjoy your cheap net , I know it was stupid from me to buy it at the ico .

rngkll

full member

Activity: 154

Merit: 100

Quote from: LostWords on August 10, 2017, 01:58:01 PM

Quote from: tyson187 on August 10, 2017, 01:42:00 PM

Quote from: TronQuix on August 10, 2017, 01:17:18 PM

super super super pumped on this project. great idea. would love to have gotten in on ICO

You dodged a bullet with this ICO , no one is happy right now who participated in the initial ICO ( myself included) .

The price of net/nim is more than three times less than the ICO price and it could go even lower .

they made over 15 million dollars and net is still only on the shity liqui exchange after 4 weeks.

How do you know about the price? Is it on exchanges already? If not, how do you know it's value has been decreased. Really interested.

You can check the price here. Right now NET is being traded in Liqui and Etherdelta.

Notice that NET (Nimiq Exchange Token) are interim tokens that you'll be able to change for NIM in the Nimiq Blockchain once it's ready. Before we launch the Mainnet, NET holders will be provided with a web tool to create a wallet in the Nimiq Blockchain and redeem NIM using NET. The first NIM will be then hardcoded in the Genesis Block.

We plan to launch the Mainnet in December. All NIM in the Blockchain come from NET sold in the Token Sale. After launch, the supply will increase using mining rewards similar to Bitcoin.

Check our Blog to learn more

rngkll

full member

Activity: 154

Merit: 100

Quote from: tyson187 on August 10, 2017, 01:42:00 PM

Quote from: TronQuix on August 10, 2017, 01:17:18 PM

super super super pumped on this project. great idea. would love to have gotten in on ICO

You dodged a bullet with this ICO , no one is happy right now who participated in the initial ICO ( myself included) .

The price of net/nim is more than three times less than the ICO price and it could go even lower .

they made over 15 million dollars and net is still only on the shity liqui exchange after 4 weeks.

I wouldn't say no one is happy. Maybe you're biased because you were expecting to sell quickly at a higher price. If you check our Telegram and Slack groups you'll see how most of the community believe in the team and our vision so most of them are actually using this opportunity to get more NET at a cheaper price.

There are also a lot of FUD spreaders that want to drive the price further down to buy and hodl even more NET... maybe you're one of them Shocked

tyson187

hero member

Activity: 644

Merit: 500

Quote from: LostWords on August 10, 2017, 01:58:01 PM

Quote from: tyson187 on August 10, 2017, 01:42:00 PM

Quote from: TronQuix on August 10, 2017, 01:17:18 PM

super super super pumped on this project. great idea. would love to have gotten in on ICO

You dodged a bullet with this ICO , no one is happy right now who participated in the initial ICO ( myself included) .

The price of net/nim is more than three times less than the ICO price and it could go even lower .

they made over 15 million dollars and net is still only on the shity liqui exchange after 4 weeks.

How do you know about the price? Is it on exchanges already? If not, how do you know it's value has been decreased. Really interested.

The ICO was a month ago (175 net=1 eth ), the price was 60-70k btc sat per net/nim ,now its around 20k btc sat ,

https://liqui.io/#/exchange/NET_BTC

(I know what the price was because I bought it at the ICO )

LostWords

full member

Activity: 280

Merit: 101

Quote from: tyson187 on August 10, 2017, 01:42:00 PM

Quote from: TronQuix on August 10, 2017, 01:17:18 PM

super super super pumped on this project. great idea. would love to have gotten in on ICO

You dodged a bullet with this ICO , no one is happy right now who participated in the initial ICO ( myself included) .

The price of net/nim is more than three times less than the ICO price and it could go even lower .

they made over 15 million dollars and net is still only on the shity liqui exchange after 4 weeks.

How do you know about the price? Is it on exchanges already? If not, how do you know it's value has been decreased. Really interested.

tyson187

hero member

Activity: 644

Merit: 500

Quote from: TronQuix on August 10, 2017, 01:17:18 PM

super super super pumped on this project. great idea. would love to have gotten in on ICO

You dodged a bullet with this ICO , no one is happy right now who participated in the initial ICO ( myself included) .

The price of net/nim is more than three times less than the ICO price and it could go even lower .

they made over 15 million dollars and net is still only on the shity liqui exchange after 4 weeks.

TronQuix

full member

Activity: 306

Merit: 106

super super super pumped on this project. great idea. would love to have gotten in on ICO

Boing7898

sr. member

Activity: 686

Merit: 259

Price now lower than ICO... Eternal Question: better to buy in exchanges after ICO or better take part in ICO? I think, better wait exchanges ( if big cup).

rngkll

full member

Activity: 154

Merit: 100

Quote from: Dedewahyu on August 10, 2017, 06:45:20 AM

i'm running betanet on my office computer, and the computer can access with other people, how to secure my wallet and my mining on that browser?

You can probably use Betanet with your personal user and lock the computer when you're not around Wink

. Same as you do with your BT, you can't leave your Browser open or someone from the office might post in your behalf.

Dedewahyu

full member

Activity: 588

Merit: 103

i'm running betanet on my office computer, and the computer can access with other people, how to secure my wallet and my mining on that browser?

btw50

member

Activity: 91

Merit: 10

Quote from: rngkll on August 09, 2017, 11:13:42 PM

VLOG Update: Pascal's Jungle DB

In this VLOG we comment about our newest creation: JungleDB, a simple database abstraction layer for NodeJS (LevelDB) and Browsers (IndexedDB) supporting advanced features such as transactions with read-isolation and secondary indices.

Learn more about JungleDB in our GitHub repository

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Topic: [ANN][NIM] - Nimiq - The Browser Based Blockchain - page 147. (Read 131236 times)