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What Is Nimiq (NIM)?
Nimiq is designed to make cryptocurrencies easy to use for everyone without compromising decentralization. Nimiq is the only blockchain where users always participate directly by default. In comparison to the likes of Bitcoin and Ethereum where the default is to use a third-party node to connect to the network. Learn more: https://youtu.be/dA40oyDVtqs
Team Nimiq invented Nimiq OASIS, the DeFi crypto-fiat bridge! Atomic swaps between crypto like NIM and BTC (ETH coming soon) and fiat currencies like EUR (USD next) with no personal information are now possible. Earned swap fees are converted to NIM and held to create scarcity. See how it works: https://youtu.be/Spp_Be4dHaM
Nimiq created Albatross, a new, super fast Proof-of-Stake consensus algorithm that will launch with Nimiq 2.0, the next version of the Nimiq Blockchain. We expect ~1000 TPS and finality in one second, pushing Nimiq 2.0 to the theoretical limits of single chain blockchain protocols. Energy consumption will also be reduced to less than 1% (compared to current Nimiq POW) with this upgrade. Try out the demo: https://www.nimiq.com/albatross/
Nimiqs super-halving coming soon! The transition to Nimiq 2.0 will reduce the emission rate from currently ~3000 NIM to only ~525 NIM per minute. Calculate your rewards using the Staking Calculator: https://www.nimiq.com/staking-calculator/
Join the friendly Nimiq Community to ask questions and learn more: https://www.nimiq.com/community/
Answers
What Is Nimiq (NIM)?
Nimiq is a cryptocurrency designed to be user-friendly while maintaining decentralization. Unlike other cryptocurrencies like Bitcoin and Ethereum, Nimiq allows users to directly participate in the network without relying on third-party nodes. To learn more, watch this video: https://youtu.be/dA40oyDVtqs
Team Nimiq has developed Nimiq OASIS, a DeFi crypto-fiat bridge that enables atomic swaps between cryptocurrencies like NIM and BTC (ETH coming soon) and fiat currencies like EUR (USD next) without requiring personal information. The swap fees earned are converted to NIM, creating scarcity. Watch this video to understand how it works: https://youtu.be/Spp_Be4dHaM
Nimiq has also introduced Albatross, a new and highly efficient Proof-of-Stake consensus algorithm that will be launched with Nimiq 2.0. Nimiq 2.0 is the next version of the Nimiq Blockchain and is expected to achieve approximately 1000 transactions per second (TPS) with finality in just one second. This upgrade will significantly reduce energy consumption to less than 1% of the current Nimiq POW. Try out the demo here: https://www.nimiq.com/albatross/
Nimiq will soon undergo a "super-halving" during the transition to Nimiq 2.0. This will reduce the emission rate from approximately 3000 NIM to only 525 NIM per minute. Use the Staking Calculator to estimate your rewards: https://www.nimiq.com/staking-calculator/
Join the friendly Nimiq Community to ask questions and learn more: https://www.nimiq.com/community/
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