Nimiq (NET) ICO

updated 22 June 2017

World's first Browser-based Blockchain & Ecosystem

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Status: ended
Public sale: 28 Jun`17-08 Jul`17
Cap: 60 000 ETH
(5 365 800 USD)
Goal: 60 000 ETH
(5 365 800 USD)
Find out more

About

Nimiq is a frictionless peer-to-peer payment protocol for the World Wide Web. It is a third-generation Blockchain protocol combining elements of Bitcoin and Ethereum, streamlined for the web platform. And without a doubt, it is open source and fully decentralized. Browsers are first-class citizens in the Nimiq distributed network. They are able to establish consensus with the network, and enable true peer-to-peer payments from within, all without a trusted third party. In comparison to conventional cryptocurrencies, this browser-first approach lowers barriers of entry by orders of magnitudes for developers, customers and merchants.

Nimiq’s peer-to-peer network uses WebRTC and WebSocket connections. There are two types of nodes in the Nimiq network: Backbone Nodes and Browser Nodes. Both types use the same isomorphic JavaScript code base. Backbone Nodes are based on NodeJS and run on servers. They communicate with each other via WebSockets, and they act as entry point and signaling server for Browser Nodes to establish browser-to-browser WebRTC connections. Browser Nodes are built upon browser engines and therefore they are completely installation-free. To connect to the network, they establish a WebSocket connection to at least one Backbone Node. Once they have established their first connection, they start to establish browser-to-browser connections using the Backbone Node as signaling server. Browser Nodes can also act as signaling server for further browser-to-browser connections.

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